Bank of New York Mellon Corp Sells 17,657 Shares of Janus Henderson Group plc $JHG

Bank of New York Mellon Corp cut its stake in shares of Janus Henderson Group plc (NYSE:JHG) by 2.0% during the 1st quarter, Holdings Channel reports. The institutional investor owned 873,867 shares of the company’s stock after selling 17,657 shares during the quarter. Bank of New York Mellon Corp’s holdings in Janus Henderson Group were worth $44,891,000 at the end of the most recent quarter.

A number of other institutional investors have also recently made changes to their positions in the stock. Royal Bank of Canada raised its position in shares of Janus Henderson Group by 38.3% in the 1st quarter. Royal Bank of Canada now owns 115,135 shares of the company’s stock worth $4,163,000 after acquiring an additional 31,889 shares in the last quarter. Amundi boosted its holdings in shares of Janus Henderson Group by 13.8% during the 1st quarter. Amundi now owns 4,177 shares of the company’s stock worth $150,000 after buying an additional 506 shares in the last quarter. Jones Financial Companies Lllp boosted its holdings in shares of Janus Henderson Group by 1,538.8% during the 1st quarter. Jones Financial Companies Lllp now owns 8,833 shares of the company’s stock worth $319,000 after buying an additional 8,294 shares in the last quarter. Goldman Sachs Group Inc. grew its position in shares of Janus Henderson Group by 16.7% during the 1st quarter. Goldman Sachs Group Inc. now owns 1,299,921 shares of the company’s stock worth $46,992,000 after buying an additional 186,218 shares during the period. Finally, Jane Street Group LLC grew its position in shares of Janus Henderson Group by 1,924.0% during the 1st quarter. Jane Street Group LLC now owns 279,352 shares of the company’s stock worth $10,099,000 after buying an additional 265,550 shares during the period. Institutional investors own 87.94% of the company’s stock.

Janus Henderson Group Price Performance

Shares of NYSE JHG opened at $51.95 on Friday. The company has a market capitalization of $8.00 billion, a PE ratio of 10.23, a PEG ratio of 5.78 and a beta of 1.35. The company has a quick ratio of 2.51, a current ratio of 3.89 and a debt-to-equity ratio of 0.07. The stock’s 50 day moving average price is $51.87 and its 200-day moving average price is $50.78. Janus Henderson Group plc has a twelve month low of $38.67 and a twelve month high of $53.76.

Janus Henderson Group (NYSE:JHG) last issued its quarterly earnings results on Friday, May 8th. The company reported $0.90 EPS for the quarter, missing analysts’ consensus estimates of $0.98 by ($0.08). Janus Henderson Group had a net margin of 24.33% and a return on equity of 14.59%. The business had revenue of $541.60 million for the quarter, compared to analysts’ expectations of $560.37 million. During the same period in the previous year, the business posted $0.79 earnings per share. The business’s revenue was up 11.0% compared to the same quarter last year. On average, equities analysts anticipate that Janus Henderson Group plc will post 4.39 EPS for the current year.

Analyst Ratings Changes

A number of research firms recently issued reports on JHG. Zacks Research downgraded shares of Janus Henderson Group from a “strong-buy” rating to a “hold” rating in a research report on Monday, April 6th. Weiss Ratings restated a “buy (b)” rating on shares of Janus Henderson Group in a report on Wednesday, June 24th. One research analyst has rated the stock with a Strong Buy rating, one has given a Buy rating and five have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus target price of $49.40.

About Janus Henderson Group

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.