Janus Henderson Group plc $JHG Holdings Trimmed by Fox Run Management L.L.C.

Key Points

• Fox Run Management L.L.C. has reduced its stake in Janus Henderson Group plc by 26.3%, selling 10,429 shares and holding 29,277 shares afterwards, valued at approximately $1,058,000.
• Several institutional investors, including Vanguard Group Inc. and Millennium Management LLC, have modified their positions, with Vanguard increasing its stake by 0.6% and Millennium boosting theirs by 23.9%.
• Janus Henderson Group recently announced a quarterly dividend of $0.40 per share, representing an annualized yield of 3.6%, with a payout ratio of 60.15%.

Fox Run Management L.L.C. cut its holdings in shares of Janus Henderson Group plc (NYSE:JHG - Free Report) by 26.3% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 29,277 shares of the company's stock after selling 10,429 shares during the period. Fox Run Management L.L.C.'s holdings in Janus Henderson Group were worth $1,058,000 as of its most recent SEC filing.

Other hedge funds have also bought and sold shares of the company. Louisiana State Employees Retirement System raised its holdings in shares of Janus Henderson Group by 0.8% during the first quarter. Louisiana State Employees Retirement System now owns 35,600 shares of the company's stock valued at $1,287,000 after buying an additional 300 shares during the last quarter. Wells Fargo & Company MN raised its holdings in shares of Janus Henderson Group by 4.0% during the fourth quarter. Wells Fargo & Company MN now owns 8,755 shares of the company's stock valued at $372,000 after buying an additional 339 shares during the last quarter. UMB Bank n.a. raised its holdings in shares of Janus Henderson Group by 48.9% during the first quarter. UMB Bank n.a. now owns 1,172 shares of the company's stock valued at $42,000 after buying an additional 385 shares during the last quarter. ProShare Advisors LLC raised its holdings in shares of Janus Henderson Group by 7.2% during the fourth quarter. ProShare Advisors LLC now owns 5,952 shares of the company's stock valued at $253,000 after buying an additional 398 shares during the last quarter. Finally, State of Alaska Department of Revenue raised its holdings in shares of Janus Henderson Group by 2.8% during the first quarter. State of Alaska Department of Revenue now owns 14,904 shares of the company's stock valued at $538,000 after buying an additional 400 shares during the last quarter. 87.94% of the stock is currently owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other Janus Henderson Group news, insider Georgina Fogo sold 69,000 shares of Janus Henderson Group stock in a transaction that occurred on Monday, August 4th. The shares were sold at an average price of $43.07, for a total transaction of $2,971,830.00. Following the transaction, the insider directly owned 58,057 shares in the company, valued at approximately $2,500,514.99. The trade was a 54.31% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Insiders own 20.40% of the company's stock.

Janus Henderson Group Price Performance

Janus Henderson Group stock traded down $0.2270 during mid-day trading on Wednesday, hitting $42.3730. The company's stock had a trading volume of 217,825 shares, compared to its average volume of 1,277,538. The company has a quick ratio of 3.91, a current ratio of 4.49 and a debt-to-equity ratio of 0.08. The stock has a market capitalization of $6.61 billion, a P/E ratio of 15.93, a P/E/G ratio of 1.03 and a beta of 1.46. Janus Henderson Group plc has a twelve month low of $28.26 and a twelve month high of $46.68. The stock's fifty day moving average price is $40.74 and its two-hundred day moving average price is $38.40.

Janus Henderson Group (NYSE:JHG - Get Free Report) last posted its quarterly earnings results on Thursday, July 31st. The company reported $0.90 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.84 by $0.06. The firm had revenue of $633.20 million for the quarter, compared to analyst estimates of $614.46 million. Janus Henderson Group had a net margin of 16.06% and a return on equity of 12.01%. The firm's quarterly revenue was up 7.6% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.85 earnings per share. Research analysts forecast that Janus Henderson Group plc will post 3.75 earnings per share for the current year.

Janus Henderson Group Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, August 28th. Shareholders of record on Monday, August 11th will be given a dividend of $0.40 per share. This represents a $1.60 annualized dividend and a yield of 3.8%. The ex-dividend date is Monday, August 11th. Janus Henderson Group's payout ratio is presently 60.15%.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently weighed in on JHG shares. Cowen reaffirmed a "buy" rating on shares of Janus Henderson Group in a report on Wednesday, May 14th. Wall Street Zen raised Janus Henderson Group from a "hold" rating to a "buy" rating in a report on Saturday. JPMorgan Chase & Co. boosted their target price on Janus Henderson Group from $44.00 to $47.00 and gave the stock an "overweight" rating in a report on Wednesday, July 16th. Wells Fargo & Company boosted their target price on Janus Henderson Group from $37.00 to $44.00 and gave the stock an "equal weight" rating in a report on Friday, July 11th. Finally, Morgan Stanley boosted their target price on Janus Henderson Group from $33.00 to $36.00 and gave the stock an "equal weight" rating in a report on Wednesday, July 2nd. Five investment analysts have rated the stock with a Buy rating and five have issued a Hold rating to the stock. Based on data from MarketBeat, Janus Henderson Group presently has a consensus rating of "Moderate Buy" and an average target price of $43.33.

Janus Henderson Group Profile

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.