Crossmark Global Holdings Inc. Increases Stock Position in Janus Henderson Group plc $JHG

Crossmark Global Holdings Inc. raised its stake in shares of Janus Henderson Group plc (NYSE:JHG) by 24.8% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 110,672 shares of the company’s stock after purchasing an additional 21,983 shares during the quarter. Crossmark Global Holdings Inc.’s holdings in Janus Henderson Group were worth $4,926,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also bought and sold shares of JHG. Bessemer Group Inc. increased its holdings in shares of Janus Henderson Group by 134.6% in the 3rd quarter. Bessemer Group Inc. now owns 596 shares of the company’s stock worth $26,000 after buying an additional 342 shares during the last quarter. United Community Bank bought a new stake in shares of Janus Henderson Group during the 3rd quarter worth $30,000. Quent Capital LLC purchased a new position in Janus Henderson Group in the third quarter worth $36,000. Addison Advisors LLC grew its position in Janus Henderson Group by 42.3% in the third quarter. Addison Advisors LLC now owns 818 shares of the company’s stock worth $36,000 after acquiring an additional 243 shares in the last quarter. Finally, Traub Capital Management LLC bought a new position in Janus Henderson Group in the second quarter valued at $37,000. Hedge funds and other institutional investors own 87.94% of the company’s stock.

Insider Activity

In other Janus Henderson Group news, CTO William B. Cassidy sold 16,947 shares of the company’s stock in a transaction dated Friday, February 27th. The shares were sold at an average price of $52.27, for a total value of $885,819.69. Following the sale, the chief technology officer owned 118,939 shares in the company, valued at approximately $6,216,941.53. This represents a 12.47% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO Ali Dibadj sold 127,632 shares of the firm’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 transaction of $6,269,283.84. Following the transaction, the chief executive officer directly owned 449,078 shares of the company’s stock, valued at $22,058,711.36. This represents a 22.13% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders own 19.60% of the company’s stock.

Janus Henderson Group Stock Performance

Shares of Janus Henderson Group stock opened at $51.35 on Friday. The company has a current ratio of 4.18, a quick ratio of 2.50 and a debt-to-equity ratio of 0.07. The firm has a market capitalization of $7.91 billion, a P/E ratio of 9.76, a P/E/G ratio of 1.47 and a beta of 1.53. The business has a fifty day simple moving average of $48.80 and a two-hundred day simple moving average of $45.79. Janus Henderson Group plc has a 12 month low of $28.26 and a 12 month high of $53.76.

Janus Henderson Group (NYSE:JHG) last released its earnings results on Friday, January 30th. The company reported $2.01 earnings per share for the quarter, topping analysts’ consensus estimates of $1.19 by $0.82. The firm had revenue of $996.60 million for the quarter, compared to the consensus estimate of $763.09 million. Janus Henderson Group had a net margin of 25.83% and a return on equity of 14.70%. The company’s revenue was up 61.3% compared to the same quarter last year. During the same period in the prior year, the firm earned $1.07 EPS. On average, equities analysts forecast that Janus Henderson Group plc will post 3.75 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of research firms have weighed in on JHG. Weiss Ratings restated a “buy (b)” rating on shares of Janus Henderson Group in a research report on Monday, December 29th. Wall Street Zen upgraded Janus Henderson Group from a “hold” rating to a “buy” rating in a report on Saturday, December 20th. Bank of America reissued a “neutral” rating and set a $49.00 price objective (down from $54.00) on shares of Janus Henderson Group in a report on Monday, January 5th. Zacks Research upgraded Janus Henderson Group from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, February 10th. Finally, Morgan Stanley upped their target price on Janus Henderson Group from $46.00 to $48.00 and gave the stock an “equal weight” rating in a research note on Wednesday, December 17th. Two analysts have rated the stock with a Strong Buy rating, two have issued a Buy rating and six have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $47.38.

Janus Henderson Group 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.