William Cassidy Sells 16,947 Shares of Janus Henderson Group (NYSE:JHG) Stock

Janus Henderson Group plc (NYSE:JHG) CTO William Cassidy sold 16,947 shares of Janus Henderson Group stock in a transaction on Friday, February 27th. The shares were sold at an average price of $52.27, for a total value of $885,819.69. Following the completion of the transaction, the chief technology officer owned 118,939 shares of the company’s stock, valued at approximately $6,216,941.53. The trade was a 12.47% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website.

Janus Henderson Group Price Performance

Shares of JHG stock opened at $51.41 on Thursday. Janus Henderson Group plc has a 52 week low of $28.26 and a 52 week high of $53.76. The stock has a market capitalization of $7.92 billion, a PE ratio of 9.77, a PEG ratio of 1.48 and a beta of 1.53. The company has a debt-to-equity ratio of 0.07, a quick ratio of 2.50 and a current ratio of 4.18. The stock’s fifty day moving average is $48.65 and its 200-day moving average is $45.69.

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

Wall Street Analyst Weigh In

Several research firms have issued reports on JHG. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Janus Henderson Group in a report on Monday, December 29th. TD Cowen lowered Janus Henderson Group from a “buy” rating to a “hold” rating and set a $49.00 target price on the stock. in a research report on Tuesday, December 23rd. Evercore cut their target price on Janus Henderson Group from $50.00 to $49.00 and set an “in-line” rating on the stock in a research note on Monday, December 22nd. Morgan Stanley raised their price target on shares of 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. Finally, Zacks Research raised shares of Janus Henderson Group from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, February 10th. Two investment analysts have rated the stock with a Strong Buy rating, two have given a Buy rating and six have issued a Hold rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $47.38.

Institutional Investors Weigh In On Janus Henderson Group

Large investors have recently made changes to their positions in the stock. Caitong International Asset Management Co. Ltd bought a new position in shares of Janus Henderson Group in the fourth quarter valued at $52,000. Sit Investment Associates Inc. lifted its stake in Janus Henderson Group by 68.4% in the fourth quarter. Sit Investment Associates Inc. now owns 22,160 shares of the company’s stock valued at $1,054,000 after acquiring an additional 9,000 shares during the last quarter. DGS Capital Management LLC grew its position in shares of Janus Henderson Group by 41.5% in the 4th quarter. DGS Capital Management LLC now owns 24,896 shares of the company’s stock valued at $1,184,000 after acquiring an additional 7,307 shares during the period. Kera Capital Partners Inc. grew its position in shares of Janus Henderson Group by 48.8% in the 4th quarter. Kera Capital Partners Inc. now owns 14,122 shares of the company’s stock valued at $680,000 after acquiring an additional 4,633 shares during the period. Finally, Virtu Financial LLC acquired a new position in shares of Janus Henderson Group during the 4th quarter worth about $242,000. Institutional investors and hedge funds own 87.94% of the company’s stock.

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.