Kevin B. Dolan Sells 3,318 Shares of Janus Henderson Group plc (NYSE:JHG) Stock

Janus Henderson Group plc (NYSE:JHG) Director Kevin B. Dolan sold 3,318 shares of the stock in a transaction on Thursday, February 15th. The shares were sold at an average price of $30.99, for a total value of $102,824.82. Following the completion of the transaction, the director now owns 16,853 shares of the company’s stock, valued at $522,274.47. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink.

Janus Henderson Group Stock Performance

Shares of Janus Henderson Group stock opened at $32.92 on Thursday. The company has a current ratio of 3.92, a quick ratio of 2.64 and a debt-to-equity ratio of 0.07. The business has a 50-day moving average price of $31.91 and a two-hundred day moving average price of $29.38. Janus Henderson Group plc has a 1-year low of $22.17 and a 1-year high of $33.47. The company has a market cap of $5.28 billion, a P/E ratio of 12.42, a PEG ratio of 1.54 and a beta of 1.53.

Janus Henderson Group (NYSE:JHG) last issued its quarterly earnings results on Thursday, May 2nd. The company reported $0.71 earnings per share for the quarter, topping analysts’ consensus estimates of $0.63 by $0.08. Janus Henderson Group had a return on equity of 10.02% and a net margin of 19.89%. The firm had revenue of $551.70 million during the quarter, compared to the consensus estimate of $547.20 million. During the same period last year, the business posted $0.55 EPS. The business’s revenue was up 11.3% compared to the same quarter last year. As a group, analysts anticipate that Janus Henderson Group plc will post 2.85 EPS for the current year.

Janus Henderson Group Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, May 29th. Shareholders of record on Monday, May 13th will be issued a dividend of $0.39 per share. The ex-dividend date of this dividend is Friday, May 10th. This represents a $1.56 dividend on an annualized basis and a yield of 4.74%. Janus Henderson Group’s payout ratio is currently 58.87%.

Wall Street Analyst Weigh In

A number of research analysts have recently commented on the company. StockNews.com cut Janus Henderson Group from a “buy” rating to a “hold” rating in a research note on Friday, May 3rd. The Goldman Sachs Group increased their price target on Janus Henderson Group from $29.00 to $32.00 and gave the company a “sell” rating in a research note on Tuesday, April 2nd. UBS Group increased their price target on Janus Henderson Group from $28.00 to $30.00 and gave the company a “sell” rating in a research note on Friday, April 12th. Morgan Stanley increased their price target on Janus Henderson Group from $30.00 to $33.00 and gave the company an “equal weight” rating in a research note on Wednesday, April 17th. Finally, JPMorgan Chase & Co. increased their price objective on Janus Henderson Group from $35.00 to $36.00 and gave the company a “neutral” rating in a report on Friday, May 3rd. Two analysts have rated the stock with a sell rating, six have assigned a hold rating and one has assigned a buy rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus target price of $29.59.

Institutional Trading of Janus Henderson Group

A number of large investors have recently bought and sold shares of JHG. Hexagon Capital Partners LLC boosted its position in shares of Janus Henderson Group by 72.6% during the 4th quarter. Hexagon Capital Partners LLC now owns 1,210 shares of the company’s stock worth $36,000 after purchasing an additional 509 shares in the last quarter. Neo Ivy Capital Management bought a new position in shares of Janus Henderson Group during the 3rd quarter worth about $39,000. EverSource Wealth Advisors LLC boosted its position in shares of Janus Henderson Group by 39.7% during the 4th quarter. EverSource Wealth Advisors LLC now owns 1,299 shares of the company’s stock worth $39,000 after purchasing an additional 369 shares in the last quarter. Headlands Technologies LLC bought a new position in shares of Janus Henderson Group during the 4th quarter worth about $52,000. Finally, Assetmark Inc. boosted its position in shares of Janus Henderson Group by 14.8% during the 3rd quarter. Assetmark Inc. now owns 4,406 shares of the company’s stock worth $114,000 after purchasing an additional 567 shares in the last quarter. 87.94% of the stock is currently owned by institutional investors and hedge funds.

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.