Algert Global LLC Has $9.58 Million Holdings in Janus Henderson Group plc $JHG

Key Points

• Algert Global LLC reduced its stake in Janus Henderson by 30.6% in Q3 to 215,109 shares worth about $9.58 million (≈0.14% of the company) after selling 94,790 shares.
• Insiders have been net sellers: CEO Ali Dibadj sold 127,632 shares for roughly $6.27 million, and insiders sold 146,229 shares totaling about $7.24 million over the past 90 days, leaving insiders with 20.40% ownership.
• Janus Henderson reported a strong quarter with $2.01 EPS vs. $1.19 expected and $996.6M revenue (up 61.3% year-over-year); analysts maintain a consensus "Moderate Buy" with an average target of $47.38.

Algert Global LLC decreased its holdings in Janus Henderson Group plc (NYSE:JHG - Free Report) by 30.6% during the 3rd quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 215,109 shares of the company's stock after selling 94,790 shares during the quarter. Algert Global LLC owned 0.14% of Janus Henderson Group worth $9,575,000 at the end of the most recent quarter.

A number of other hedge funds have also added to or reduced their stakes in the stock. Bessemer Group Inc. increased its holdings in Janus Henderson Group by 134.6% during the 3rd quarter. Bessemer Group Inc. now owns 596 shares of the company's stock worth $26,000 after purchasing an additional 342 shares in the last quarter. United Community Bank bought a new position in shares of Janus Henderson Group in the third quarter valued at approximately $30,000. Quent Capital LLC purchased a new position in shares of Janus Henderson Group during the third quarter valued at approximately $36,000. Addison Advisors LLC boosted its position in shares of Janus Henderson Group by 42.3% during the third quarter. Addison Advisors LLC now owns 818 shares of the company's stock valued at $36,000 after buying an additional 243 shares during the last quarter. Finally, Traub Capital Management LLC bought a new stake in Janus Henderson Group during the second quarter worth $37,000. Institutional investors and hedge funds own 87.94% of the company's stock.

Insider Buying and Selling

In other Janus Henderson Group news, CEO Ali Dibadj sold 127,632 shares of the business's stock in a transaction dated Tuesday, February 17th. The shares were sold at an average price of $49.12, for a total value of $6,269,283.84. Following the transaction, the chief executive officer directly owned 449,078 shares in the company, valued at $22,058,711.36. The trade was a 22.13% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Megan Podzorov sold 1,650 shares of the stock in a transaction that occurred on Tuesday, March 10th. The shares were sold at an average price of $51.24, for a total transaction of $84,546.00. Following the transaction, the insider directly owned 12,204 shares of the company's stock, valued at $625,332.96. This represents a 11.91% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders sold 146,229 shares of company stock worth $7,239,650. Insiders own 20.40% of the company's stock.

Janus Henderson Group Stock Down 0.4%

Shares of NYSE:JHG opened at $50.18 on Monday. The company has a market capitalization of $7.73 billion, a PE ratio of 9.54, a price-to-earnings-growth ratio of 1.43 and a beta of 1.53. The company has a debt-to-equity ratio of 0.07, a current ratio of 4.18 and a quick ratio of 2.50. The business has a fifty day moving average price of $49.10 and a two-hundred day moving average price of $46.08. Janus Henderson Group plc has a 1 year low of $28.26 and a 1 year high of $53.76.

Janus Henderson Group (NYSE:JHG - Get Free Report) last released its earnings results on Friday, January 30th. The company reported $2.01 EPS for the quarter, topping analysts' consensus estimates of $1.19 by $0.82. The company had revenue of $996.60 million for the quarter, compared to analysts' expectations of $763.09 million. Janus Henderson Group had a return on equity of 14.70% and a net margin of 25.83%.The business's revenue for the quarter was up 61.3% compared to the same quarter last year. During the same period in the previous year, the business posted $1.07 EPS. Analysts forecast that Janus Henderson Group plc will post 3.75 earnings per share for the current year.

Analyst Upgrades and Downgrades

A number of equities research analysts recently commented on the company. Weiss Ratings reissued a "buy (b)" rating on shares of Janus Henderson Group in a research report on Monday, December 29th. Morgan Stanley lifted their price objective on shares of Janus Henderson Group from $46.00 to $48.00 and gave the stock an "equal weight" rating in a report on Wednesday, December 17th. Wall Street Zen upgraded shares of Janus Henderson Group from a "hold" rating to a "buy" rating in a research note on Saturday, December 20th. Zacks Research upgraded shares of Janus Henderson Group from a "hold" rating to a "strong-buy" rating in a report on Tuesday, February 10th. Finally, Evercore dropped their price target on shares of Janus Henderson Group from $50.00 to $49.00 and set an "in-line" rating on the stock in a research report on Monday, December 22nd. Two research analysts have rated the stock with a Strong Buy rating, two have issued a Buy rating and six have assigned a Hold rating to the company's stock. Based on data from MarketBeat, Janus Henderson Group presently has a consensus rating of "Moderate Buy" and an average target price of $47.38.

Janus Henderson Group Company Profile

Janus Henderson Group plc is a global asset manager offering a broad range of investment solutions across equities, fixed income, multi-asset and alternative strategies. The firm provides portfolio management services to institutional clients, financial intermediaries and individual investors. Its product lineup includes actively managed mutual funds, separate accounts and exchange-traded funds, designed to meet a variety of risk-return objectives and investment horizons.

The company was formed in May 2017 through the merger of Janus Capital Group and Henderson Group, combining decades of investment expertise in both the U.S.

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