Megan Podzorov Sells 1,650 Shares of Janus Henderson Group (NYSE:JHG) Stock

Janus Henderson Group plc (NYSE:JHG) insider Megan Podzorov sold 1,650 shares of the business’s stock in a transaction dated Tuesday, March 10th. The shares were sold at an average price of $51.24, for a total transaction of $84,546.00. Following the completion of the transaction, the insider owned 12,204 shares in the company, valued at $625,332.96. The trade was a 11.91% 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 Trading Down 0.5%

Shares of Janus Henderson Group stock traded down $0.24 during trading on Wednesday, reaching $50.63. 2,126,623 shares of the stock were exchanged, compared to its average volume of 2,304,055. The company has a quick ratio of 2.50, a current ratio of 4.18 and a debt-to-equity ratio of 0.07. The firm has a market cap of $7.80 billion, a price-to-earnings ratio of 9.62, a price-to-earnings-growth ratio of 1.46 and a beta of 1.53. Janus Henderson Group plc has a 1 year low of $28.26 and a 1 year high of $53.76. The stock’s fifty day moving average is $48.94 and its 200 day moving average is $45.95.

Janus Henderson Group (NYSE:JHG) last announced 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. The company had revenue of $996.60 million for the quarter, compared to the consensus estimate of $763.09 million. Janus Henderson Group had a return on equity of 14.70% and a net margin of 25.83%.Janus Henderson Group’s revenue was up 61.3% compared to the same quarter last year. During the same quarter in the previous year, the business earned $1.07 EPS. As a group, equities research analysts expect that Janus Henderson Group plc will post 3.75 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Janus Henderson Group

Institutional investors have recently added to or reduced their stakes in the company. V Square Quantitative Management LLC bought a new stake in shares of Janus Henderson Group during the 4th quarter valued at $25,000. Bessemer Group Inc. increased its stake 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 acquiring an additional 342 shares in the last quarter. United Community Bank purchased a new position in Janus Henderson Group during the 3rd quarter valued at about $30,000. Empowered Funds LLC purchased a new position in Janus Henderson Group during the 4th quarter valued at about $33,000. Finally, Quent Capital LLC bought a new stake in Janus Henderson Group during the third quarter worth about $36,000. Institutional investors own 87.94% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities analysts recently commented on JHG shares. 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 research report on Monday, January 5th. Zacks Research upgraded shares of Janus Henderson Group from a “hold” rating to a “strong-buy” rating in a report on Tuesday, February 10th. TD Cowen lowered shares of Janus Henderson Group from a “buy” rating to a “hold” rating and set a $49.00 target price on the stock. in a research note on Tuesday, December 23rd. Finally, Morgan Stanley boosted their price target on shares of Janus Henderson Group from $46.00 to $48.00 and gave the company an “equal weight” rating in a research report on Wednesday, December 17th. Two equities research analysts have rated the stock with a Strong Buy rating, two have assigned a Buy rating and six have assigned a Hold rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $47.38.

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.