VIRGINIA RETIREMENT SYSTEMS ET Al Takes Position in Janus Henderson Group plc $JHG

Key Points

• Virginia Retirement Systems acquired a new stake in Janus Henderson Group plc, purchasing 23,800 shares valued at approximately $924,000 during the 2nd quarter.
• Company CFO Roger Thompson and insider Georgina Fogo both sold significant portions of their shares, resulting in a 19.55% and 54.31% decrease in their respective positions.
• Janus Henderson Group recently reported a quarterly EPS of $0.90, exceeding analysts' expectations, and has declared a quarterly dividend of $0.40, yielding 3.9% annually.

VIRGINIA RETIREMENT SYSTEMS ET Al acquired a new stake in shares of Janus Henderson Group plc (NYSE:JHG - Free Report) during the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The firm acquired 23,800 shares of the company's stock, valued at approximately $924,000.

Several other institutional investors and hedge funds have also recently made changes to their positions in the stock. Louisiana State Employees Retirement System raised its position 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 valued at $1,287,000 after buying an additional 300 shares in the last quarter. Arete Wealth Advisors LLC raised its position in shares of Janus Henderson Group by 2.4% during the 1st quarter. Arete Wealth Advisors LLC now owns 12,954 shares of the company's stock valued at $468,000 after buying an additional 309 shares in the last quarter. Mubadala Investment Co PJSC raised its position in shares of Janus Henderson Group by 0.6% during the 1st quarter. Mubadala Investment Co PJSC now owns 56,807 shares of the company's stock valued at $2,054,000 after buying an additional 324 shares in the last quarter. Parallel Advisors LLC raised its position in shares of Janus Henderson Group by 3.5% during the 2nd quarter. Parallel Advisors LLC now owns 10,672 shares of the company's stock valued at $414,000 after buying an additional 364 shares in the last quarter. Finally, Sylvest Advisors LLC raised its position in shares of Janus Henderson Group by 3.1% during the 2nd quarter. Sylvest Advisors LLC now owns 12,099 shares of the company's stock valued at $470,000 after buying an additional 364 shares in the last quarter. Hedge funds and other institutional investors own 87.94% of the company's stock.

Insiders Place Their Bets

In other Janus Henderson Group news, CFO Roger Mj Thompson sold 27,491 shares of the firm's stock in a transaction on Thursday, September 11th. The shares were sold at an average price of $45.26, for a total value of $1,244,242.66. Following the sale, the chief financial officer owned 113,097 shares of the company's stock, valued at $5,118,770.22. This trade represents a 19.55% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Georgina Fogo sold 69,000 shares of the firm's stock in a transaction on Monday, August 4th. The stock was sold at an average price of $43.07, for a total transaction of $2,971,830.00. Following the completion of the sale, the insider directly owned 58,057 shares in the company, valued at approximately $2,500,514.99. This trade represents a 54.31% decrease in their position. The disclosure for this sale can be found here. 19.60% of the stock is owned by company insiders.

Janus Henderson Group Price Performance

Shares of Janus Henderson Group stock opened at $41.13 on Friday. The firm has a market cap of $6.41 billion, a PE ratio of 15.46, a price-to-earnings-growth ratio of 0.90 and a beta of 1.54. Janus Henderson Group plc has a 12-month low of $28.26 and a 12-month high of $46.68. 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 company's fifty day simple moving average is $44.00 and its two-hundred day simple moving average is $39.81.

Janus Henderson Group (NYSE:JHG - Get Free Report) last announced its quarterly earnings results on Thursday, July 31st. The company reported $0.90 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.84 by $0.06. The business 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 company's revenue was up 7.6% on a year-over-year basis. During the same quarter last year, the firm earned $0.85 EPS. As a group, equities analysts expect that Janus Henderson Group plc will post 3.75 EPS for the current year.

Janus Henderson Group Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Thursday, August 28th. Shareholders of record on Monday, August 11th were issued a $0.40 dividend. This represents a $1.60 dividend on an annualized basis and a yield of 3.9%. The ex-dividend date of this dividend was Monday, August 11th. Janus Henderson Group's dividend payout ratio (DPR) is 60.15%.

Analyst Ratings Changes

Several research firms have recently weighed in on JHG. Wall Street Zen upgraded shares of Janus Henderson Group from a "hold" rating to a "buy" rating in a research report on Saturday, October 11th. Weiss Ratings reiterated a "buy (b-)" rating on shares of Janus Henderson Group in a research report on Wednesday, October 8th. Bank of America lifted their target price on shares of Janus Henderson Group from $49.00 to $50.00 and gave the stock a "buy" rating in a research report on Thursday, October 2nd. BMO Capital Markets began coverage on shares of Janus Henderson Group in a research report on Friday, October 3rd. They issued an "outperform" rating and a $52.00 target price on the stock. Finally, Wells Fargo & Company lifted their target price on shares of Janus Henderson Group from $37.00 to $44.00 and gave the stock an "equal weight" rating in a research report on Friday, July 11th. Two analysts have rated the stock with a Strong Buy rating, seven have assigned a Buy rating and four have issued a Hold rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and an average target price of $47.00.

Janus Henderson Group Company 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.

Want to see what other hedge funds are holding JHG? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Janus Henderson Group plc (NYSE:JHG - Free Report).

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.