Grantham Mayo Van Otterloo & Co. LLC Sells 31,880 Shares of Janus Henderson Group plc $JHG

Grantham Mayo Van Otterloo & Co. LLC trimmed its position in Janus Henderson Group plc (NYSE:JHG) by 27.3% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 85,107 shares of the company’s stock after selling 31,880 shares during the quarter. Grantham Mayo Van Otterloo & Co. LLC owned about 0.06% of Janus Henderson Group worth $3,788,000 at the end of the most recent reporting period.

Other hedge funds also recently made changes to their positions in the company. Norges Bank purchased a new position in Janus Henderson Group during the 2nd quarter valued at approximately $86,180,000. AQR Capital Management LLC raised its holdings in shares of Janus Henderson Group by 92.1% during the 2nd quarter. AQR Capital Management LLC now owns 3,700,170 shares of the company’s stock worth $143,715,000 after acquiring an additional 1,773,964 shares in the last quarter. Fisher Asset Management LLC raised its holdings in shares of Janus Henderson Group by 17.4% during the 3rd quarter. Fisher Asset Management LLC now owns 1,807,154 shares of the company’s stock worth $80,436,000 after acquiring an additional 268,483 shares in the last quarter. Jane Street Group LLC boosted 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 valued at $10,099,000 after acquiring an additional 265,550 shares during the last quarter. Finally, Goldman Sachs Group Inc. boosted 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 valued at $46,992,000 after acquiring an additional 186,218 shares during the last quarter. 87.94% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling at Janus Henderson Group

In related news, CEO Ali Dibadj sold 127,632 shares of the company’s stock in a transaction dated 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 in the company, valued at approximately $22,058,711.36. This represents a 22.13% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CTO William B. Cassidy sold 16,947 shares of the stock in a transaction dated Friday, February 27th. The stock was sold at an average price of $52.27, for a total transaction of $885,819.69. Following the completion of the sale, the chief technology officer directly owned 118,939 shares in the company, valued at $6,216,941.53. This trade represents a 12.47% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Corporate insiders own 20.40% of the company’s stock.

Analyst Ratings Changes

Several equities research analysts recently weighed in on the stock. Zacks Research upgraded shares of Janus Henderson Group from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, February 10th. Bank of America reiterated 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. Wall Street Zen raised shares of Janus Henderson Group from a “hold” rating to a “buy” rating in a research note on Saturday, December 20th. Morgan Stanley boosted their target price on shares of Janus Henderson Group from $46.00 to $48.00 and gave the stock an “equal weight” rating in a report on Wednesday, December 17th. Finally, TD Cowen cut 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 report on Tuesday, December 23rd. Two analysts have rated the stock with a Strong Buy rating, two have issued a Buy rating and six have given a Hold rating to the company. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $47.38.

Janus Henderson Group Stock Performance

NYSE JHG opened at $51.21 on Tuesday. The business’s 50 day moving average price is $48.87 and its 200-day moving average price is $45.90. Janus Henderson Group plc has a fifty-two week low of $28.26 and a fifty-two week high of $53.76. The company has a market cap of $7.89 billion, a P/E ratio of 9.73, a P/E/G ratio of 1.47 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.

Janus Henderson Group (NYSE:JHG) last issued its quarterly earnings results on Friday, January 30th. The company reported $2.01 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.19 by $0.82. The company had revenue of $996.60 million during 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% on a year-over-year basis. During the same period last year, the company earned $1.07 earnings per share. Sell-side analysts predict that Janus Henderson Group plc will post 3.75 earnings per share for the current year.

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.