Swiss National Bank Decreases Holdings in Janus Henderson Group plc (NYSE:JHG)

Swiss National Bank decreased its position in shares of Janus Henderson Group plc (NYSE:JHG) by 1.7% in the first quarter, HoldingsChannel reports. The fund owned 246,405 shares of the company’s stock after selling 4,300 shares during the quarter. Swiss National Bank’s holdings in Janus Henderson Group were worth $8,908,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently bought and sold shares of JHG. UMB Bank n.a. increased its stake in Janus Henderson Group by 48.9% during the 1st quarter. UMB Bank n.a. now owns 1,172 shares of the company’s stock valued at $42,000 after purchasing an additional 385 shares in the last quarter. True Wealth Design LLC increased its stake in Janus Henderson Group by 66.9% during the 4th quarter. True Wealth Design LLC now owns 1,020 shares of the company’s stock valued at $43,000 after purchasing an additional 409 shares in the last quarter. Allworth Financial LP increased its stake in Janus Henderson Group by 87.9% during the 1st quarter. Allworth Financial LP now owns 1,462 shares of the company’s stock valued at $48,000 after purchasing an additional 684 shares in the last quarter. Farther Finance Advisors LLC increased its stake in Janus Henderson Group by 82.3% during the 1st quarter. Farther Finance Advisors LLC now owns 2,299 shares of the company’s stock valued at $83,000 after purchasing an additional 1,038 shares in the last quarter. Finally, Wealthquest Corp acquired a new position in Janus Henderson Group during the 1st quarter valued at approximately $115,000. Hedge funds and other institutional investors own 87.94% of the company’s stock.

Janus Henderson Group Stock Performance

Shares of NYSE JHG opened at $43.30 on Friday. The company’s fifty day moving average price is $40.51 and its 200 day moving average price is $38.42. Janus Henderson Group plc has a 1 year low of $28.26 and a 1 year high of $46.68. The company has a market capitalization of $6.75 billion, a PE ratio of 16.28, a price-to-earnings-growth ratio of 1.04 and a beta of 1.46. The company has a debt-to-equity ratio of 0.08, a quick ratio of 3.91 and a current ratio of 4.49.

Janus Henderson Group (NYSE:JHG) 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. Janus Henderson Group had a net margin of 16.06% and a return on equity of 12.01%. The firm had revenue of $633.20 million for the quarter, compared to the consensus estimate of $614.46 million. During the same period in the prior year, the firm posted $0.85 earnings per share. The firm’s quarterly revenue was up 7.6% compared to the same quarter last year. On average, research analysts predict that Janus Henderson Group plc will post 3.75 earnings per share for the current year.

Janus Henderson Group Announces Dividend

The business 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 dividend of $0.40 per share. This represents a $1.60 annualized dividend and a yield of 3.7%. The ex-dividend date of this dividend is Monday, August 11th. Janus Henderson Group’s dividend payout ratio (DPR) is presently 60.15%.

Analyst Upgrades and Downgrades

A number of 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 note on Saturday. Morgan Stanley increased their price objective on shares of 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. Wells Fargo & Company increased their price objective on shares of Janus Henderson Group from $37.00 to $44.00 and gave the stock an “equal weight” rating in a research note on Friday, July 11th. JPMorgan Chase & Co. increased their price objective on shares of Janus Henderson Group from $44.00 to $47.00 and gave the stock an “overweight” rating in a research note on Wednesday, July 16th. Finally, Evercore ISI increased their price objective on shares of Janus Henderson Group from $33.00 to $35.00 and gave the stock an “in-line” rating in a research note on Friday, May 2nd. Five research analysts have rated the stock with a hold rating and six have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, Janus Henderson Group presently has a consensus rating of “Moderate Buy” and an average target price of $43.33.

Insider Transactions at Janus Henderson Group

In other Janus Henderson Group news, insider Georgina Fogo sold 69,000 shares of the stock in a transaction on Monday, August 4th. The shares were sold at an average price of $43.07, for a total transaction of $2,971,830.00. Following the transaction, the insider directly owned 58,057 shares of the company’s stock, valued at $2,500,514.99. This trade represents a 54.31% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. 19.60% of the stock is currently owned by insiders.

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.