KBC Group NV holds a $638,000 stake in Janus Henderson Group plc (NYSE: JHG)


KBC Group NV reduced its holding in the shares of Janus Henderson Group plc (NYSE: JHGGet a rating) by 5.2% in Q1, according to the company in its latest filing with the Securities & Exchange Commission. The company held 18,220 shares of the company after selling 1,005 shares during the quarter. KBC Group NV’s holdings in Janus Henderson Group amounted to $638,000 when it last filed with the Securities & Exchange Commission.

Other hedge funds also bought and sold shares of the company. Ibex Wealth Advisors increased its position in Janus Henderson Group by 112.6% in the 4th quarter. Ibex Wealth Advisors now owns 37,053 shares of the company valued at $1,554,000 after purchasing an additional 19,621 shares during the period. Charles Schwab Investment Management Inc. increased its position in Janus Henderson Group by 3.5% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 3,147,470 shares of the company valued at $132,005,000 after purchasing an additional 105,109 shares during the period. UMB Bank NA MO acquired a new stake in Janus Henderson Group in Q4 valued at $145,000. WINTON GROUP Ltd increased its position in Janus Henderson Group by 10.3% in the 4th quarter. WINTON GROUP Ltd now owns 46,800 shares of the company valued at $1,963,000 after purchasing an additional 4,365 shares during the period. Finally, Renaissance Technologies LLC increased its position in Janus Henderson Group by 183.1% in the 4th quarter. Renaissance Technologies LLC now owns 142,100 shares of the company valued at $5,960,000 after purchasing an additional 91,900 shares during the period. Institutional investors and hedge funds hold 78.39% of the company’s shares.

Janus Henderson Group grows 3.6%

Shares of Janus Henderson Group Shares opened at $25.45 on Tuesday. Janus Henderson Group plc has a 52-week low of $22.22 and a 52-week high of $48.55. The stock’s 50-day simple moving average is $24.82 and its 200-day simple moving average is $29.94. The stock has a market capitalization of $4.22 billion, a P/E ratio of 8.63 and a beta of 1.47. The company has a debt ratio of 0.07, a quick ratio of 2.56 and a current ratio of 4.85.

Janus Henderson Group (NYSE: JHGGet a rating) last reported quarterly earnings data on Thursday, July 28. The company reported earnings per share (EPS) of $0.63 for the quarter, missing analyst consensus estimates of $0.65 per ($0.02). Janus Henderson Group achieved a net margin of 19.39% and a return on equity of 13.13%. The company posted revenue of $555.50 million in the quarter, versus a consensus estimate of $550.18 million. In the same quarter a year earlier, the company posted earnings per share of $1.16. The company’s revenue was down 24.8% year over year. As a group, research analysts expect Janus Henderson Group plc to post EPS of 2.45 for the current year.

Janus Henderson Group announces dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, August 24. Investors of record on Monday August 8 will receive a dividend of $0.39. This represents a dividend of $1.56 on an annualized basis and a yield of 6.13%. The ex-dividend date is Friday, August 5. The Janus Henderson Group dividend payout ratio is currently 52.88%.

A Wall Street analyst gives his opinion

Several analysts have recently released reports on the stock. Goldman Sachs Group cut its price target on Janus Henderson Group shares from $27.00 to $21.00 and set a “sell” rating for the company in a Wednesday, June 29 research report. JPMorgan Chase & Co. downgraded Janus Henderson Group from a “neutral” rating to an “underweight” rating and lowered its price target for the company from $27.00 to $18.00 in a note research on Monday, July 18. Keefe, Bruyette & Woods downgraded the Janus Henderson Group from a ‘market performer’ rating to an ‘underperformer’ rating and lowered their price target for the company from $28.00 to 22.00 $ in a research note from Tuesday, June 28. Deutsche Bank Aktiengesellschaft lowered its price target on Janus Henderson Group from $24.00 to $23.00 in a Wednesday July 13 research note. Finally, Citigroup upgraded Janus Henderson Group from a “neutral” rating to a “sell” rating and lowered its price target for the company from $23.20 to $22.10 in a Friday research note. July 29. Four investment analysts gave the stock a sell rating and three gave the stock a hold rating. According to MarketBeat, the stock has a consensus rating of “Reduce” and a consensus target price of $21.22.

Insider Activity at Janus Henderson Group

In related news, insider Georgina Fogo sold 10,701 shares of the company in a trade dated Friday, July 1. The stock was sold at an average price of $23.29, for a total value of $249,226.29. Following the sale, the insider now directly owns 101,862 shares of the company, valued at approximately $2,372,365.98. The sale was disclosed in a document filed with the Securities & Exchange Commission, available at this hyperlink. 18.10% of the shares are currently held by insiders of the company.

About the Janus Henderson Group

(Get a rating)

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

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Institutional ownership by quarter for Janus Henderson Group (NYSE: JHG)



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