Janus Henderson Group plc (NYSE:JHG) Shares Sold by Kingsview Wealth Management LLC

Kingsview Wealth Management LLC lowered its position in Janus Henderson Group plc (NYSE:JHG) by 15.7% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 85,751 shares of the company’s stock after selling 15,926 shares during the quarter. Kingsview Wealth Management LLC’s holdings in Janus Henderson Group were worth $3,265,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds also recently made changes to their positions in the business. Price T Rowe Associates Inc. MD boosted its position in Janus Henderson Group by 177.0% during the 1st quarter. Price T Rowe Associates Inc. MD now owns 208,686 shares of the company’s stock worth $6,865,000 after acquiring an additional 133,356 shares during the period. Foundry Partners LLC acquired a new stake in Janus Henderson Group in the second quarter worth about $566,000. Jane Street Group LLC grew its position in Janus Henderson Group by 536.7% in the 1st quarter. Jane Street Group LLC now owns 151,875 shares of the company’s stock valued at $4,995,000 after buying an additional 128,021 shares in the last quarter. Jacobs Levy Equity Management Inc. increased its stake in Janus Henderson Group by 124.5% during the 1st quarter. Jacobs Levy Equity Management Inc. now owns 327,393 shares of the company’s stock valued at $10,768,000 after buying an additional 181,587 shares during the period. Finally, Dimensional Fund Advisors LP raised its position 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 buying an additional 344,582 shares in the last quarter. Institutional investors own 87.94% of the company’s stock.

Janus Henderson Group Trading Up 1.0 %

NYSE JHG opened at $45.17 on Monday. The firm’s 50 day moving average price is $40.71 and its two-hundred day moving average price is $36.92. The company has a debt-to-equity ratio of 0.09, a quick ratio of 2.08 and a current ratio of 3.08. Janus Henderson Group plc has a twelve month low of $25.39 and a twelve month high of $45.67. The stock has a market cap of $7.18 billion, a price-to-earnings ratio of 17.85, a PEG ratio of 0.59 and a beta of 1.49.

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

Janus Henderson Group Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, November 27th. Stockholders of record on Wednesday, November 27th will be issued a $0.39 dividend. The ex-dividend date of this dividend is Wednesday, November 27th. This represents a $1.56 dividend on an annualized basis and a dividend yield of 3.45%. Janus Henderson Group’s dividend payout ratio is 61.66%.

Insider Transactions at Janus Henderson Group

In other news, CFO Roger Mj Thompson sold 9,000 shares of the business’s stock in a transaction on Thursday, September 12th. The shares were sold at an average price of $35.60, for a total transaction of $320,400.00. Following the transaction, the chief financial officer now directly owns 130,171 shares in the company, valued at $4,634,087.60. The trade was a 6.47 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. 20.00% of the stock is owned by insiders.

Wall Street Analyst Weigh In

JHG has been the subject of a number of research reports. Evercore ISI increased their price target on Janus Henderson Group from $40.00 to $43.00 and gave the company an “in-line” rating in a research note on Thursday, November 7th. JPMorgan Chase & Co. raised their target price on Janus Henderson Group from $38.00 to $39.00 and gave the company a “neutral” rating in a research note on Friday, August 2nd. Morgan Stanley boosted their price target 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. TD Cowen upped their price target on shares of Janus Henderson Group from $46.00 to $50.00 and gave the company a “buy” rating in a report on Friday, November 1st. Finally, The Goldman Sachs Group lifted their price objective on shares of Janus Henderson Group from $36.00 to $37.00 and gave the stock a “sell” rating in a research note on Thursday, October 3rd. One research analyst has rated the stock with a sell rating, seven have assigned a hold rating and one has assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus target price of $41.75.

About Janus Henderson Group

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.