Dark Forest Capital Management LP Lowers Position in Janus Henderson Group plc (NYSE:JHG)

Dark Forest Capital Management LP lowered its stake in shares of Janus Henderson Group plc (NYSE:JHG) by 29.5% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 7,865 shares of the company’s stock after selling 3,293 shares during the period. Dark Forest Capital Management LP’s holdings in Janus Henderson Group were worth $265,000 at the end of the most recent reporting period.

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

Analysts Set New Price Targets

Several equities research analysts have issued reports on the stock. Wells Fargo & Company assumed coverage on shares of Janus Henderson Group in a research note on Thursday, September 12th. They set an “equal weight” rating and a $37.00 price objective for the company. TD Cowen raised their price objective on Janus Henderson Group from $37.00 to $38.00 and gave the company a “buy” rating in a research report on Monday, July 8th. Deutsche Bank Aktiengesellschaft boosted their price objective on Janus Henderson Group from $36.00 to $37.00 and gave the stock a “hold” rating in a research note on Thursday, August 15th. JPMorgan Chase & Co. increased their target price on Janus Henderson Group from $38.00 to $39.00 and gave the company a “neutral” rating in a research note on Friday, August 2nd. Finally, StockNews.com lowered Janus Henderson Group from a “buy” rating to a “hold” rating in a research report on Friday, August 16th. One analyst has rated the stock with a sell rating, seven have assigned a hold rating and two have given a buy rating to the company. According to MarketBeat, the company currently has an average rating of “Hold” and a consensus price target of $33.33.

Insider Activity at Janus Henderson Group

In other Janus Henderson Group news, CAO Michelle Rosenberg sold 7,651 shares of the stock in a transaction that occurred on Monday, August 19th. The stock was sold at an average price of $36.51, for a total transaction of $279,338.01. Following the transaction, the chief accounting officer now owns 89,048 shares of the company’s stock, valued at approximately $3,251,142.48. The transaction was disclosed in a document filed with the SEC, which is available at this link. In other Janus Henderson Group news, CAO Michelle Rosenberg sold 7,651 shares of the stock in a transaction on Monday, August 19th. The shares were sold at an average price of $36.51, for a total transaction of $279,338.01. Following the sale, the chief accounting officer now directly owns 89,048 shares of the company’s stock, valued at $3,251,142.48. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CFO Roger Mj Thompson sold 9,000 shares of the firm’s stock in a transaction dated Tuesday, September 10th. The stock was sold at an average price of $35.38, for a total transaction of $318,420.00. Following the completion of the transaction, the chief financial officer now owns 139,171 shares in the company, valued at $4,923,869.98. The disclosure for this sale can be found here. Over the last three months, insiders bought 492,997 shares of company stock valued at $1,667,418 and sold 25,651 shares valued at $918,158. 19.60% of the stock is owned by corporate insiders.

Janus Henderson Group Stock Performance

Janus Henderson Group stock opened at $38.31 on Monday. Janus Henderson Group plc has a 52 week low of $22.17 and a 52 week high of $39.11. 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 stock has a market cap of $6.10 billion, a P/E ratio of 14.46, a price-to-earnings-growth ratio of 0.77 and a beta of 1.51. The stock has a 50 day moving average of $36.46 and a 200-day moving average of $34.25.

Janus Henderson Group (NYSE:JHG) last posted its quarterly earnings data on Thursday, August 1st. The company reported $0.85 EPS for the quarter, beating analysts’ consensus estimates of $0.74 by $0.11. The firm had revenue of $588.40 million for the quarter, compared to the consensus estimate 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 period in the prior year, the firm posted $0.62 EPS. On average, analysts expect that Janus Henderson Group plc will post 3.23 EPS for the current fiscal year.

Janus Henderson Group Dividend Announcement

The company 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. The ex-dividend date was Monday, August 12th. This represents a $1.56 dividend on an annualized basis and a yield of 4.07%. Janus Henderson Group’s dividend payout ratio (DPR) is 58.87%.

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.