Ieq Capital LLC Has $2.28 Million Stock Position in Janus Henderson Group plc $JHG

Key Points

• Ieq Capital LLC reduced its stake in Janus Henderson Group plc by 37.6%, owning 62,940 shares after selling 37,850 shares in the first quarter.
• Several institutional investors, including Brooklyn Investment Group and UMB Bank, have significantly increased their stakes in Janus Henderson, indicating renewed interest in the company.
• The stock closed down 0.8% recently, with a current share price of $44.32 and an average analyst price target of $43.33, reflecting a “Moderate Buy” consensus rating.

Ieq Capital LLC reduced its stake in shares of Janus Henderson Group plc (NYSE:JHG - Free Report) by 37.6% during the 1st quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 62,940 shares of the company's stock after selling 37,850 shares during the quarter. Ieq Capital LLC's holdings in Janus Henderson Group were worth $2,275,000 as of its most recent SEC filing.

Several other large investors also recently modified their holdings of the stock. Louisiana State Employees Retirement System grew its holdings in shares of Janus Henderson Group by 0.8% during the 1st quarter. Louisiana State Employees Retirement System now owns 35,600 shares of the company's stock worth $1,287,000 after purchasing an additional 300 shares in the last quarter. Wells Fargo & Company MN grew its holdings in shares of Janus Henderson Group by 4.0% during the 4th quarter. Wells Fargo & Company MN now owns 8,755 shares of the company's stock worth $372,000 after purchasing an additional 339 shares in the last quarter. UMB Bank n.a. grew its holdings in shares of Janus Henderson Group by 48.9% during the 1st quarter. UMB Bank n.a. now owns 1,172 shares of the company's stock worth $42,000 after purchasing an additional 385 shares in the last quarter. ProShare Advisors LLC grew its holdings in shares of Janus Henderson Group by 7.2% during the 4th quarter. ProShare Advisors LLC now owns 5,952 shares of the company's stock worth $253,000 after purchasing an additional 398 shares in the last quarter. Finally, State of Alaska Department of Revenue boosted its stake in Janus Henderson Group by 2.8% in 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 in the last quarter. 87.94% of the stock is owned by institutional investors and hedge funds.

Janus Henderson Group Trading Down 1.8%

Shares of JHG stock traded down $0.81 during mid-day trading on Friday, reaching $44.29. 1,265,192 shares of the stock traded hands, compared to its average volume of 1,013,688. The stock's fifty day simple moving average is $42.56 and its two-hundred day simple moving average is $38.37. Janus Henderson Group plc has a 1-year low of $28.26 and a 1-year high of $46.68. The company has a market cap of $6.91 billion, a price-to-earnings ratio of 16.65, a price-to-earnings-growth ratio of 1.07 and a beta of 1.51. The company has a quick ratio of 3.91, a current ratio of 4.49 and a debt-to-equity ratio of 0.08.

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

Janus Henderson Group Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, August 28th. Stockholders of record on Monday, August 11th were paid a dividend of $0.40 per share. This represents a $1.60 dividend on an annualized basis and a dividend yield of 3.6%. The ex-dividend date of this dividend was Monday, August 11th. Janus Henderson Group's dividend payout ratio (DPR) is presently 60.15%.

Wall Street Analyst Weigh In

Several analysts recently weighed in on the company. Evercore ISI raised their price objective on Janus Henderson Group from $45.00 to $48.00 and gave the company an "in-line" rating in a research note on Friday. Wells Fargo & Company raised their price objective on Janus Henderson Group from $37.00 to $44.00 and gave the company an "equal weight" rating in a research note on Friday, July 11th. Cowen reaffirmed a "buy" rating on shares of Janus Henderson Group in a research note on Wednesday, May 14th. JPMorgan Chase & Co. raised their price objective on Janus Henderson Group from $44.00 to $47.00 and gave the company an "overweight" rating in a research note on Wednesday, July 16th. Finally, Wall Street Zen lowered Janus Henderson Group from a "buy" rating to a "hold" rating in a research note on Saturday, August 30th. Five equities research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and a consensus price target of $44.78.

Insider Activity at Janus Henderson Group

In related news, insider Georgina Fogo sold 69,000 shares of Janus Henderson Group stock in a transaction that occurred on Monday, August 4th. The stock was sold at an average price of $43.07, for a total value of $2,971,830.00. Following the transaction, the insider directly owned 58,057 shares of the company's stock, valued at $2,500,514.99. The trade was a 54.31% 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. 19.60% of the stock is currently owned by corporate insiders.

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.