Janus Henderson Group plc (NYSE:JHG) Shares Sold by Truist Financial Corp

Truist Financial Corp decreased its stake in shares of Janus Henderson Group plc (NYSE:JHG) by 25.2% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 31,783 shares of the company’s stock after selling 10,734 shares during the quarter. Truist Financial Corp’s holdings in Janus Henderson Group were worth $1,071,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also made changes to their positions in JHG. Versant Capital Management Inc acquired a new position in shares of Janus Henderson Group in the 2nd quarter valued at $34,000. Larson Financial Group LLC raised its stake in shares of Janus Henderson Group by 401.6% in the second quarter. Larson Financial Group LLC now owns 1,249 shares of the company’s stock worth $42,000 after purchasing an additional 1,000 shares during the last quarter. Abich Financial Wealth Management LLC lifted its holdings in shares of Janus Henderson Group by 41.9% during the first quarter. Abich Financial Wealth Management LLC now owns 1,420 shares of the company’s stock worth $47,000 after purchasing an additional 419 shares during the period. GAMMA Investing LLC boosted its position in Janus Henderson Group by 159.6% in the second quarter. GAMMA Investing LLC now owns 2,440 shares of the company’s stock valued at $82,000 after buying an additional 1,500 shares during the last quarter. Finally, Acadian Asset Management LLC increased its holdings in Janus Henderson Group by 94.5% in the 2nd quarter. Acadian Asset Management LLC now owns 2,904 shares of the company’s stock worth $97,000 after buying an additional 1,411 shares during the period. Hedge funds and other institutional investors own 87.94% of the company’s stock.

Insider Buying and Selling

In other news, major shareholder Henderson Group Plc Janus bought 189,856 shares of the firm’s stock in a transaction dated Wednesday, July 24th. The shares were acquired at an average price of $3.20 per share, for a total transaction of $607,539.20. Following the completion of the transaction, the insider now directly owns 2,081,168 shares in the company, valued at $6,659,737.60. The trade was a 0.00 % increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. In related news, CAO Michelle Rosenberg sold 7,651 shares of the company’s stock in a transaction dated Monday, August 19th. The shares were sold at an average price of $36.51, for a total transaction of $279,338.01. Following the completion of the sale, the chief accounting officer now owns 89,048 shares of the company’s stock, valued at approximately $3,251,142.48. This represents a 0.00 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, major shareholder Henderson Group Plc Janus acquired 189,856 shares of the business’s stock in a transaction on Wednesday, July 24th. The stock was acquired at an average price of $3.20 per share, with a total value of $607,539.20. Following the acquisition, the insider now owns 2,081,168 shares in the company, valued at $6,659,737.60. The trade was a 0.00 % increase in their position. The disclosure for this purchase can be found here. In the last three months, insiders have sold 25,651 shares of company stock worth $918,158. Insiders own 19.60% of the company’s stock.

Janus Henderson Group Stock Up 1.2 %

Shares of JHG opened at $39.27 on Monday. The company has a current ratio of 4.05, a quick ratio of 2.67 and a debt-to-equity ratio of 0.07. The firm has a market cap of $6.25 billion, a P/E ratio of 13.45, a PEG ratio of 0.75 and a beta of 1.50. The stock’s 50 day moving average is $36.87 and its two-hundred day moving average is $34.72. Janus Henderson Group plc has a 12 month low of $22.17 and a 12 month high of $39.64.

Janus Henderson Group (NYSE:JHG) last issued its quarterly earnings results on Thursday, August 1st. The company reported $0.85 EPS for the quarter, topping the consensus estimate of $0.74 by $0.11. The company had revenue of $588.40 million during the quarter, compared to analyst estimates of $568.79 million. Janus Henderson Group had a net margin of 21.02% and a return on equity of 10.76%. The firm’s revenue was up 13.9% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.62 EPS. Analysts predict that Janus Henderson Group plc will post 3.26 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 Wednesday, August 28th. Investors of record on Monday, August 12th were paid a $0.39 dividend. This represents a $1.56 dividend on an annualized basis and a yield of 3.97%. The ex-dividend date was Monday, August 12th. Janus Henderson Group’s dividend payout ratio is presently 53.42%.

Wall Street Analyst Weigh In

Several analysts have commented on JHG shares. The Goldman Sachs Group lifted their price objective on shares of Janus Henderson Group from $36.00 to $37.00 and gave the company a “sell” rating in a research note on Thursday, October 3rd. TD Cowen increased their price target on Janus Henderson Group from $37.00 to $38.00 and gave the stock a “buy” rating in a research report on Monday, July 8th. Deutsche Bank Aktiengesellschaft lifted their price objective on Janus Henderson Group from $36.00 to $37.00 and gave the company a “hold” rating in a research note on Thursday, August 15th. JPMorgan Chase & Co. upped their target price on Janus Henderson Group from $38.00 to $39.00 and gave the stock a “neutral” rating in a research note on Friday, August 2nd. Finally, Wells Fargo & Company lifted their price target on Janus Henderson Group from $37.00 to $38.00 and gave the company an “equal weight” rating in a research report on Wednesday, October 9th. One investment analyst has rated the stock with a sell rating, seven have issued a hold rating and two have issued a buy rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Hold” and an average price target of $37.00.

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.