Janus Henderson Group plc (NYSE:JHG) Insider Georgina Fogo Sells 69,000 Shares

Key Points

• Insider Georgina Fogo sold 69,000 shares of Janus Henderson Group at an average price of $43.07, a transaction valued at nearly $2.97 million, reducing her stake by 54.31%.
• Janus Henderson Group's stock price is currently at $43.11, and the company recently reported a 7.6% increase in revenue year-over-year, with earnings per share of $0.90 for the last quarter.
• The company declared a quarterly dividend of $0.40, yielding 3.7%, to be paid on August 28th, with a dividend payout ratio of 60.15%.

Janus Henderson Group plc (NYSE:JHG - Get Free Report) insider Georgina Fogo sold 69,000 shares of the business's stock in a transaction that occurred on Monday, August 4th. The shares were sold at an average price of $43.07, for a total value of $2,971,830.00. Following the completion of the sale, the insider owned 58,057 shares of the company's stock, valued at $2,500,514.99. The trade was a 54.31% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink.

Janus Henderson Group Stock Up 0.3%

Shares of JHG stock traded up $0.12 during midday trading on Wednesday, reaching $43.11. 856,680 shares of the stock were exchanged, compared to its average volume of 1,160,547. Janus Henderson Group plc has a 1 year low of $28.26 and a 1 year high of $46.68. The firm has a market cap of $6.72 billion, a PE ratio of 16.21, a price-to-earnings-growth ratio of 1.03 and a beta of 1.46. The company's 50 day moving average is $39.41 and its two-hundred day moving average is $38.41. The company has a current ratio of 4.49, a quick ratio of 2.30 and a debt-to-equity ratio of 0.08.

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

Janus Henderson Group Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, August 28th. Shareholders of record on Monday, August 11th will be issued a $0.40 dividend. This represents a $1.60 dividend on an annualized basis and a yield of 3.7%. The ex-dividend date is Monday, August 11th. Janus Henderson Group's dividend payout ratio is 60.15%.

Wall Street Analyst Weigh In

JHG has been the subject of a number of recent analyst reports. Evercore ISI upped their price target on shares of Janus Henderson Group from $33.00 to $35.00 and gave the company an "in-line" rating in a report on Friday, May 2nd. Cowen reiterated a "buy" rating on shares of Janus Henderson Group in a report on Wednesday, May 14th. Morgan Stanley raised their target price on 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. JPMorgan Chase & Co. upped their price target on Janus Henderson Group from $44.00 to $47.00 and gave the company an "overweight" rating in a research report on Wednesday, July 16th. Finally, Wells Fargo & Company increased their price objective 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. Six analysts have rated the stock with a hold rating and five have issued a buy rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of "Hold" and a consensus price target of $43.33.

Hedge Funds Weigh In On Janus Henderson Group

Institutional investors and hedge funds have recently made changes to their positions in the business. Savant Capital LLC boosted its position in shares of Janus Henderson Group by 42.8% in the 2nd quarter. Savant Capital LLC now owns 41,256 shares of the company's stock worth $1,602,000 after purchasing an additional 12,357 shares in the last quarter. J. W. Coons Advisors LLC raised its stake in Janus Henderson Group by 2.5% during the second quarter. J. W. Coons Advisors LLC now owns 10,663 shares of the company's stock valued at $414,000 after buying an additional 265 shares during the last quarter. K.J. Harrison & Partners Inc bought a new stake in Janus Henderson Group in the second quarter worth $1,321,000. AMG National Trust Bank grew its stake in shares of Janus Henderson Group by 0.9% in the second quarter. AMG National Trust Bank now owns 26,738 shares of the company's stock worth $1,039,000 after acquiring an additional 237 shares during the last quarter. Finally, Simon Quick Advisors LLC bought a new position in shares of Janus Henderson Group during the second quarter valued at $247,000. Institutional investors own 87.94% of the company's stock.

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.

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