National Bank of Canada FI increased its position in Janus Henderson Group plc (NYSE: JHG – Get a rating) by 655.6% in the first quarter, according to the company in its latest 13F filing with the Securities and Exchange Commission (SEC). The fund held 47,769 shares of the company after purchasing an additional 41,447 shares during the period. National Bank of Canada FI’s holdings in Janus Henderson Group were worth $1,630,000 when it was last filed with the SEC.
Other hedge funds and other institutional investors have also been buying and selling shares of the company recently. Sageworth Trust Co of South Dakota acquired a new stake in Janus Henderson Group in the fourth quarter worth $30,000. Signaturefd LLC increased its stake in Janus Henderson Group shares by 112.3% during the 1st quarter. Signaturefd LLC now owns 845 shares of the company worth $30,000 after purchasing an additional 447 shares in the last quarter. Parallel Advisors LLC increased its equity stake in Janus Henderson Group by 83.5% during the 1st quarter. Parallel Advisors LLC now owns 2,730 shares of the company worth $97,000 after purchasing an additional 1,242 shares in the last quarter. UMB Bank NA MO acquired a new equity position in Janus Henderson Group during Q4 worth $145,000. Finally, Motco acquired a new position in shares of Janus Henderson Group during the 4th quarter at a value of $150,000. 78.39% of the shares are currently held by hedge funds and other institutional investors.
Janus Henderson Group Stock up 0.2%
JHG opened at $24.57 on Friday. The company has a debt ratio of 0.07, a current ratio of 4.85 and a quick ratio of 2.56. The stock has a market capitalization of $4.07 billion, a price-earnings ratio of 8.33 and a beta of 1.46. The company has a 50-day moving average of $24.88 and a two-hundred-day moving average of $30.07. Janus Henderson Group plc has a 12-month low of $22.22 and a 12-month high of $48.55.
Janus Henderson Group (NYSE: JHG – Get a rating) last released its quarterly results on Thursday, July 28. The company reported EPS of $0.63 for the quarter, missing the consensus estimate of $0.65 per ($0.02). The company posted revenue of $555.50 million in the quarter, compared to $550.18 million expected by analysts. Janus Henderson Group achieved a net margin of 19.39% and a return on equity of 13.13%. The company’s quarterly revenue was down 24.8% from the same quarter last year. In the same quarter last year, the company achieved EPS of $1.16. On average, research analysts expect Janus Henderson Group plc to post earnings per share of 2.45 for the current year.
Janus Henderson Group Dividend Announcement
The company also recently announced a quarterly dividend, which will be paid on Wednesday, August 24. Shareholders of record on Monday August 8 will receive a dividend of $0.39 per share. This represents a dividend of $1.56 on an annualized basis and a dividend yield of 6.35%. The ex-dividend date is Friday August 5th. The Janus Henderson Group payout ratio is currently 52.88%.
Insider Trading at Janus Henderson Group
In other 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 transaction of $249,226.29. Following the completion of the sale, the insider now 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, accessible via the SEC website. Insiders of the company own 18.10% of the shares of the company.
Analysts set new price targets
JHG has been the subject of several research reports. Goldman Sachs Group cut its price target on the Janus Henderson Group from $27.00 to $21.00 and set a “sell” rating for the company in a Wednesday June 29 research note. Citigroup downgraded shares of Janus Henderson Group from a “neutral” rating to a “sell” rating and reduced its target price for the company from $23.20 to $22.10 in a Friday, July 29 research note . JPMorgan Chase & Co. downgraded shares of Janus Henderson Group from a “neutral” rating to an “underweight” rating and reduced its price target for the company from $27.00 to $18.00 in a research note from Monday, July 18. Deutsche Bank Aktiengesellschaft lowered its price target on Janus Henderson Group shares from $24.00 to $23.00 in a Wednesday July 13 research note. Finally, Keefe, Bruyette & Woods downgraded shares of Janus Henderson Group from a “market performance” rating to an “underperformance” rating and reduced their target price for the company from $28.00 to $22. $.00 in a research note from Tuesday, June 28. Four equity research analysts gave the stock a sell rating and three gave the company’s stock a hold rating. According to data from MarketBeat, the company currently has a consensus rating of “Reduce” and an average target price of $21.22.
About the Janus Henderson Group
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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