Vanguard Group Inc. Sells 1,687,674 Shares of Janus Henderson Group plc $JHG

Key Points

• Vanguard Group Inc. trimmed its stake in Janus Henderson by 12.2% in Q4, selling 1,687,674 shares and leaving it with 12,132,303 shares (about a 7.85% stake) valued at roughly $577.1 million.
• Janus Henderson reported a strong quarter, with $2.01 EPS versus $1.19 expected and revenue of $996.6 million (up 61.3% year‑over‑year), signaling materially better-than-expected results.
• Insiders have been selling recently: CEO Ali Dibadj sold 127,632 shares for about $6.27 million and insiders sold 146,229 shares (~$7.24 million) over the last three months, though insiders still own 19.6% of the company.

Vanguard Group Inc. trimmed its holdings in shares of Janus Henderson Group plc (NYSE:JHG - Free Report) by 12.2% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 12,132,303 shares of the company's stock after selling 1,687,674 shares during the quarter. Vanguard Group Inc. owned about 7.85% of Janus Henderson Group worth $577,134,000 as of its most recent filing with the SEC.

Other hedge funds have also bought and sold shares of the company. Allianz Asset Management GmbH lifted its position in shares of Janus Henderson Group by 5.7% during the 3rd quarter. Allianz Asset Management GmbH now owns 1,767,657 shares of the company's stock worth $78,678,000 after purchasing an additional 94,771 shares during the last quarter. Fisher Asset Management LLC lifted its position in Janus Henderson Group by 17.4% in the third quarter. Fisher Asset Management LLC now owns 1,807,154 shares of the company's stock valued at $80,436,000 after acquiring an additional 268,483 shares during the last quarter. Millennium Management LLC lifted its position in Janus Henderson Group by 20.3% in the third quarter. Millennium Management LLC now owns 6,851,082 shares of the company's stock valued at $304,942,000 after acquiring an additional 1,154,481 shares during the last quarter. JPMorgan Chase & Co. lifted its position in Janus Henderson Group by 28.7% in the third quarter. JPMorgan Chase & Co. now owns 754,201 shares of the company's stock valued at $33,569,000 after acquiring an additional 168,241 shares during the last quarter. Finally, Park Avenue Securities LLC lifted its position in Janus Henderson Group by 101.0% in the third quarter. Park Avenue Securities LLC now owns 50,890 shares of the company's stock valued at $2,265,000 after acquiring an additional 25,570 shares during the last quarter. 87.94% of the stock is owned by institutional investors.

Janus Henderson Group Price Performance

Shares of NYSE:JHG opened at $51.62 on Tuesday. The company has a 50-day simple moving average of $51.29 and a 200-day simple moving average of $47.72. Janus Henderson Group plc has a one year low of $34.54 and a one year high of $53.76. The company has a debt-to-equity ratio of 0.07, a quick ratio of 2.50 and a current ratio of 4.18. The stock has a market capitalization of $7.95 billion, a price-to-earnings ratio of 9.81, a PEG ratio of 5.73 and a beta of 1.37.

Janus Henderson Group (NYSE:JHG - Get Free Report) last announced its earnings results on Friday, January 30th. The company reported $2.01 EPS for the quarter, beating analysts' consensus estimates of $1.19 by $0.82. Janus Henderson Group had a net margin of 25.83% and a return on equity of 14.70%. The business had revenue of $996.60 million during the quarter, compared to analysts' expectations of $763.09 million. During the same period in the prior year, the company earned $1.07 earnings per share. The business's revenue was up 61.3% compared to the same quarter last year. On average, analysts predict that Janus Henderson Group plc will post 4.39 EPS for the current year.

Insider Activity

In other news, CEO Ali Dibadj sold 127,632 shares of the company'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 completion of the sale, the chief executive officer directly owned 449,078 shares of the company's stock, valued at approximately $22,058,711.36. This represents a 22.13% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Megan Podzorov sold 1,650 shares of the business's stock in a transaction dated Tuesday, March 10th. The stock was sold at an average price of $51.24, for a total transaction of $84,546.00. Following the transaction, the insider owned 12,204 shares in the company, valued at approximately $625,332.96. This trade 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 three months, insiders sold 146,229 shares of company stock valued at $7,239,650. Insiders own 19.60% of the company's stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently weighed in on JHG shares. Weiss Ratings reissued a "buy (b)" rating on shares of Janus Henderson Group in a research report on Friday, March 27th. Zacks Research cut shares of Janus Henderson Group from a "strong-buy" rating to a "hold" rating in a research report on Monday, April 6th. Finally, Bank of America reissued a "neutral" rating and issued a $49.00 price target (down from $54.00) on shares of Janus Henderson Group in a research report on Monday, January 5th. One analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating and six have given a Hold rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of "Hold" and an average target price of $48.29.

About Janus Henderson Group

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.