Ali Dibadj Sells 127,632 Shares of Janus Henderson Group (NYSE:JHG) Stock

Janus Henderson Group plc (NYSE:JHG) CEO Ali Dibadj sold 127,632 shares of the business’s stock in a transaction that occurred on Tuesday, February 17th. The shares were sold at an average price of $49.12, for a total value of $6,269,283.84. Following the completion of the transaction, the chief executive officer directly owned 449,078 shares in the company, valued at approximately $22,058,711.36. The trade was a 22.13% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website.

Janus Henderson Group Price Performance

Shares of NYSE JHG opened at $49.06 on Thursday. The stock has a fifty day moving average price of $47.68 and a 200 day moving average price of $45.16. Janus Henderson Group plc has a 1-year low of $28.26 and a 1-year high of $49.82. The company has a debt-to-equity ratio of 0.07, a current ratio of 4.02 and a quick ratio of 2.15. The company has a market cap of $7.58 billion, a PE ratio of 9.33, a P/E/G ratio of 1.41 and a beta of 1.54.

Janus Henderson Group (NYSE:JHG) last announced its quarterly earnings data on Friday, January 30th. The company reported $2.01 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.19 by $0.82. Janus Henderson Group had a net margin of 25.83% and a return on equity of 14.70%. The company had revenue of $996.60 million for the quarter, compared to analysts’ expectations of $763.09 million. During the same period in the previous year, the company posted $1.07 EPS. Janus Henderson Group’s revenue was up 61.3% compared to the same quarter last year. Sell-side analysts forecast that Janus Henderson Group plc will post 3.75 EPS for the current year.

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the company. Millennium Management LLC boosted its position in shares of Janus Henderson Group by 20.3% in the 3rd quarter. Millennium Management LLC now owns 6,851,082 shares of the company’s stock worth $304,942,000 after buying an additional 1,154,481 shares in the last quarter. Charles Schwab Investment Management Inc. raised its position in Janus Henderson Group by 2.7% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 5,343,899 shares of the company’s stock worth $254,209,000 after acquiring an additional 139,229 shares during the last quarter. AQR Capital Management LLC lifted its holdings in shares of Janus Henderson Group by 29.7% in the third quarter. AQR Capital Management LLC now owns 4,800,028 shares of the company’s stock valued at $213,649,000 after purchasing an additional 1,099,858 shares in the last quarter. State Street Corp grew its position in shares of Janus Henderson Group by 0.6% in the second quarter. State Street Corp now owns 4,578,071 shares of the company’s stock valued at $177,812,000 after purchasing an additional 28,114 shares during the last quarter. Finally, Norges Bank acquired a new stake in shares of Janus Henderson Group in the fourth quarter valued at approximately $117,881,000. Hedge funds and other institutional investors own 87.94% of the company’s stock.

Analysts Set New Price Targets

JHG has been the topic of a number of analyst reports. Morgan Stanley lifted their price objective on Janus Henderson Group from $46.00 to $48.00 and gave the company an “equal weight” rating in a report on Wednesday, December 17th. Zacks Research upgraded Janus Henderson Group from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, February 10th. Wall Street Zen upgraded Janus Henderson Group from a “hold” rating to a “buy” rating in a research report on Saturday, December 20th. Evercore reduced their target price on Janus Henderson Group from $50.00 to $49.00 and set an “in-line” rating for the company in a report on Monday, December 22nd. Finally, Bank of America reaffirmed a “neutral” rating and set a $49.00 price target (down from $54.00) on shares of Janus Henderson Group in a research note on Monday, January 5th. Two investment analysts have rated the stock with a Strong Buy rating, three have issued a Buy rating and six have given a Hold rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $47.67.

Janus Henderson Group Company Profile

Janus Henderson Group plc is a global asset manager offering a broad range of investment solutions across equities, fixed income, multi-asset and alternative strategies. The firm provides portfolio management services to institutional clients, financial intermediaries and individual investors. Its product lineup includes actively managed mutual funds, separate accounts and exchange-traded funds, designed to meet a variety of risk-return objectives and investment horizons.

The company was formed in May 2017 through the merger of Janus Capital Group and Henderson Group, combining decades of investment expertise in both the U.S.