Janus Henderson Group plc (NYSE:JHG) Shares Sold by ARGA Investment Management LP

ARGA Investment Management LP lowered its holdings in shares of Janus Henderson Group plc (NYSE:JHG) by 46.2% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 32,108 shares of the company’s stock after selling 27,579 shares during the period. ARGA Investment Management LP’s holdings in Janus Henderson Group were worth $1,222,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently modified their holdings of JHG. Dimensional Fund Advisors LP increased its stake in shares of Janus Henderson Group by 4.4% during the 2nd quarter. Dimensional Fund Advisors LP now owns 8,090,743 shares of the company’s stock worth $272,741,000 after purchasing an additional 344,582 shares in the last quarter. Millennium Management LLC grew its holdings in Janus Henderson Group by 43.5% during the 2nd quarter. Millennium Management LLC now owns 5,968,705 shares of the company’s stock valued at $201,205,000 after buying an additional 1,809,249 shares during the last quarter. Charles Schwab Investment Management Inc. increased its position in Janus Henderson Group by 0.8% during the third quarter. Charles Schwab Investment Management Inc. now owns 4,446,079 shares of the company’s stock worth $169,262,000 after buying an additional 36,711 shares in the last quarter. Ariel Investments LLC raised its holdings in shares of Janus Henderson Group by 0.7% in the second quarter. Ariel Investments LLC now owns 2,256,434 shares of the company’s stock worth $76,064,000 after acquiring an additional 16,653 shares during the last quarter. Finally, Principal Financial Group Inc. lifted its position in shares of Janus Henderson Group by 28.9% in the third quarter. Principal Financial Group Inc. now owns 2,081,630 shares of the company’s stock valued at $79,248,000 after acquiring an additional 467,049 shares in the last quarter. Hedge funds and other institutional investors own 87.94% of the company’s stock.

Janus Henderson Group Stock Performance

Shares of JHG stock opened at $45.28 on Friday. The company has a debt-to-equity ratio of 0.09, a quick ratio of 2.08 and a current ratio of 3.08. The firm has a market capitalization of $7.20 billion, a price-to-earnings ratio of 17.90, a price-to-earnings-growth ratio of 0.59 and a beta of 1.49. Janus Henderson Group plc has a one year low of $25.86 and a one year high of $45.74. The company has a 50 day moving average price of $41.46 and a 200 day moving average price of $37.31.

Janus Henderson Group (NYSE:JHG) last announced its quarterly earnings data on Thursday, October 31st. The company reported $0.91 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.80 by $0.11. The company had revenue of $624.80 million during the quarter, compared to analysts’ expectations of $600.88 million. Janus Henderson Group had a net margin of 17.33% and a return on equity of 11.49%. The business’s quarterly revenue was up 19.9% compared to the same quarter last year. During the same period in the previous year, the company earned $0.64 EPS. Sell-side analysts anticipate that Janus Henderson Group plc will post 3.43 EPS for the current year.

Janus Henderson Group Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, November 27th. Stockholders of record on Wednesday, November 27th were paid a $0.39 dividend. This represents a $1.56 annualized dividend and a dividend yield of 3.45%. The ex-dividend date of this dividend was Wednesday, November 27th. Janus Henderson Group’s dividend payout ratio is currently 61.66%.

Insider Transactions at Janus Henderson Group

In related news, CFO Roger Mj Thompson sold 9,000 shares of Janus Henderson Group stock in a transaction on Tuesday, September 10th. The shares were sold at an average price of $35.38, for a total transaction of $318,420.00. Following the transaction, the chief financial officer now owns 139,171 shares in the company, valued at approximately $4,923,869.98. The trade was a 6.07 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Company insiders own 19.60% of the company’s stock.

Analyst Ratings Changes

JHG has been the subject of a number of recent research reports. The Goldman Sachs Group lifted their price objective on Janus Henderson Group from $36.00 to $37.00 and gave the stock a “sell” rating in a research report on Thursday, October 3rd. Evercore ISI lifted their price target on shares of Janus Henderson Group from $40.00 to $43.00 and gave the stock an “in-line” rating in a report on Thursday, November 7th. Wells Fargo & Company boosted their price objective on shares of Janus Henderson Group from $37.00 to $38.00 and gave the company an “equal weight” rating in a research report on Wednesday, October 9th. Morgan Stanley raised their target price on shares of Janus Henderson Group from $39.00 to $42.00 and gave the stock an “equal weight” rating in a research report on Friday, October 18th. Finally, TD Cowen boosted their price target on Janus Henderson Group from $46.00 to $50.00 and gave the company a “buy” rating in a report on Friday, November 1st. One equities research analyst has rated the stock with a sell rating, seven have issued a hold rating and one has assigned a buy rating to the company. Based on data from MarketBeat, Janus Henderson Group has an average rating of “Hold” and a consensus target price of $41.75.

Janus Henderson Group Profile

Janus Henderson Group plc is an asset management holding entity. Through its subsidiaries, the firm provides services to institutional, retail clients, and high net worth clients. It manages separate client-focused equity and fixed income portfolios. The firm also manages equity, fixed income, and balanced mutual funds for its clients.