Roger Mj Thompson Sells 27,491 Shares of Janus Henderson Group (NYSE:JHG) Stock

Key Points

• Roger Mj Thompson, CFO of Janus Henderson Group, sold 27,491 shares of the company's stock for a total of $1,244,242.66, which decreased his holdings by 19.55%.
• The company recently reported $0.90 EPS, exceeding estimates, with revenues of $633.20 million for the quarter, marking a 7.6% increase year-over-year.
• Janus Henderson Group declared a $0.40 quarterly dividend, resulting in an annualized dividend of $1.60 and a yield of 3.6%.

Janus Henderson Group plc (NYSE:JHG - Get Free Report) CFO Roger Mj Thompson sold 27,491 shares of the stock in a transaction on Thursday, September 11th. The shares were sold at an average price of $45.26, for a total transaction of $1,244,242.66. Following the completion of the sale, the chief financial officer directly owned 113,097 shares in the company, valued at approximately $5,118,770.22. This represents a 19.55% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website.

Janus Henderson Group Trading Up 0.1%

JHG stock traded up $0.04 during trading on Monday, hitting $44.98. The company had a trading volume of 1,124,429 shares, compared to its average volume of 1,259,911. The firm has a market capitalization of $7.02 billion, a P/E ratio of 16.91, a PEG ratio of 1.08 and a beta of 1.51. Janus Henderson Group plc has a 52-week low of $28.26 and a 52-week high of $46.68. The company has a 50 day simple moving average of $43.05 and a 200-day simple moving average of $38.44. 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 posted its quarterly earnings results on Thursday, July 31st. The company reported $0.90 EPS 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 the consensus estimate 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 revenue was up 7.6% compared to the same quarter last year. During the same quarter last year, the firm posted $0.85 EPS. As a group, research analysts forecast that Janus Henderson Group plc will post 3.75 earnings per share for the current fiscal year.

Janus Henderson Group Announces Dividend

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

Wall Street Analysts Forecast Growth

Several research analysts recently commented on the stock. Evercore ISI raised their price target on shares of Janus Henderson Group from $45.00 to $48.00 and gave the stock an "in-line" rating in a research note on Friday, September 5th. Wall Street Zen cut shares of Janus Henderson Group from a "buy" rating to a "hold" rating in a report on Saturday, August 30th. Morgan Stanley increased their target price on shares of Janus Henderson Group from $33.00 to $36.00 and gave the stock an "equal weight" rating in a report on Wednesday, July 2nd. Zacks Research cut shares of Janus Henderson Group from a "strong-buy" rating to a "hold" rating in a report on Monday, September 8th. Finally, Wells Fargo & Company increased 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 report on Friday, July 11th. Five research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of "Hold" and an average price target of $44.78.

Hedge Funds Weigh In On Janus Henderson Group

A number of institutional investors have recently bought and sold shares of the business. AMG National Trust Bank raised its position in Janus Henderson Group by 0.9% during the 2nd quarter. AMG National Trust Bank now owns 26,738 shares of the company's stock worth $1,039,000 after buying an additional 237 shares during the last quarter. J. W. Coons Advisors LLC raised its position in Janus Henderson Group by 2.5% during the 2nd quarter. J. W. Coons Advisors LLC now owns 10,663 shares of the company's stock worth $414,000 after buying an additional 265 shares during the last quarter. PNC Financial Services Group Inc. increased its holdings in shares of Janus Henderson Group by 5.9% during the 2nd quarter. PNC Financial Services Group Inc. now owns 4,931 shares of the company's stock valued at $192,000 after purchasing an additional 274 shares in the last quarter. Louisiana State Employees Retirement System increased 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 valued at $1,287,000 after purchasing an additional 300 shares in the last quarter. Finally, Arete Wealth Advisors LLC increased its holdings 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 purchasing an additional 309 shares in the last quarter. 87.94% of the stock is owned by hedge funds and other institutional investors.

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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