Janus Henderson Group plc (NYSE:JHG) Shares Sold by AMG National Trust Bank

AMG National Trust Bank lowered its stake in shares of Janus Henderson Group plc (NYSE:JHG - Free Report) by 25.6% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 26,501 shares of the company's stock after selling 9,098 shares during the quarter. AMG National Trust Bank's holdings in Janus Henderson Group were worth $958,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also bought and sold shares of the company. Jackson Creek Investment Advisors LLC grew its holdings in Janus Henderson Group by 153.2% during the 1st quarter. Jackson Creek Investment Advisors LLC now owns 16,413 shares of the company's stock worth $593,000 after acquiring an additional 9,932 shares during the period. Bailard Inc. grew its holdings in Janus Henderson Group by 35.3% during the 1st quarter. Bailard Inc. now owns 26,194 shares of the company's stock worth $947,000 after acquiring an additional 6,837 shares during the period. MQS Management LLC acquired a new stake in Janus Henderson Group during the 1st quarter worth $480,000. CWM LLC grew its holdings in Janus Henderson Group by 19.4% during the 1st quarter. CWM LLC now owns 23,895 shares of the company's stock worth $864,000 after acquiring an additional 3,875 shares during the period. Finally, Louisiana State Employees Retirement System increased its stake in shares of Janus Henderson Group by 0.8% in the 1st quarter. Louisiana State Employees Retirement System now owns 35,600 shares of the company's stock valued at $1,287,000 after acquiring an additional 300 shares during the last quarter. Institutional investors own 87.94% of the company's stock.

Janus Henderson Group Trading Up 1.1%

Shares of NYSE:JHG traded up $0.46 during trading on Thursday, reaching $43.31. 272,713 shares of the company traded hands, compared to its average volume of 1,294,583. The company has a current ratio of 4.38, a quick ratio of 2.67 and a debt-to-equity ratio of 0.08. The firm has a market capitalization of $6.82 billion, a price-to-earnings ratio of 17.18, a P/E/G ratio of 1.33 and a beta of 1.43. The business's fifty day moving average is $38.39 and its 200-day moving average is $38.37. Janus Henderson Group plc has a 52-week low of $28.26 and a 52-week high of $46.68.

Janus Henderson Group (NYSE:JHG - Get Free Report) last released its quarterly earnings data on Thursday, May 1st. The company reported $0.79 EPS for the quarter, beating the consensus estimate of $0.72 by $0.07. The company had revenue of $621.40 million for the quarter, compared to analysts' expectations of $623.56 million. Janus Henderson Group had a return on equity of 12.13% and a net margin of 15.56%. Janus Henderson Group's revenue was up 12.6% compared to the same quarter last year. During the same period last year, the firm posted $0.71 earnings per share. As a group, analysts forecast that Janus Henderson Group plc will post 3.75 EPS for the current year.

Janus Henderson Group Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, May 29th. Shareholders of record on Monday, May 12th were issued a $0.40 dividend. This represents a $1.60 annualized dividend and a dividend yield of 3.69%. This is a boost from Janus Henderson Group's previous quarterly dividend of $0.39. The ex-dividend date of this dividend was Monday, May 12th. Janus Henderson Group's dividend payout ratio is currently 63.49%.

Wall Street Analysts Forecast Growth

A number of brokerages have weighed in on JHG. The Goldman Sachs Group cut their price target on shares of Janus Henderson Group from $47.00 to $41.00 and set a "neutral" rating on the stock in a research note on Thursday, April 3rd. Bank of America upgraded Janus Henderson Group from a "neutral" rating to a "buy" rating and cut their target price for the company from $57.00 to $43.00 in a research note on Thursday, April 3rd. Cowen reaffirmed a "buy" rating on shares of Janus Henderson Group in a research note on Wednesday, May 14th. Wells Fargo & Company raised their price target on shares of Janus Henderson Group from $37.00 to $44.00 and gave the stock an "equal weight" rating in a research note on Friday, July 11th. Finally, Morgan Stanley raised their price target on shares of Janus Henderson Group from $33.00 to $36.00 and gave the stock an "equal weight" rating in a research note on Wednesday, July 2nd. Six analysts have rated the stock with a hold rating and five have given a buy rating to the company's stock. According to data from MarketBeat, Janus Henderson Group presently has an average rating of "Hold" and an average target price of $43.33.

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.