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 that occurred on Friday, February 27th. The shares were sold at an average price of $52.27, for a total transaction of $885,819.69. Following the sale, the chief technology officer directly owned 118,939 shares of the company’s stock, valued at $6,216,941.53. This represents a 12.47% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink.

Janus Henderson Group Stock Down 0.9%

Shares of Janus Henderson Group stock traded down $0.48 on Tuesday, reaching $51.63. The stock had a trading volume of 2,764,528 shares, compared to its average volume of 2,286,071. 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 stock has a market capitalization of $7.95 billion, a P/E ratio of 9.81, a P/E/G ratio of 1.49 and a beta of 1.53. The company has a 50 day moving average price of $48.57 and a 200 day moving average price of $45.65. Janus Henderson Group plc has a 1 year low of $28.26 and a 1 year high of $53.76.

Janus Henderson Group (NYSE:JHG) last issued its quarterly earnings results on Friday, January 30th. The company reported $2.01 earnings per share for the quarter, topping the consensus estimate of $1.19 by $0.82. Janus Henderson Group had a net margin of 25.83% and a return on equity of 14.70%. The company had revenue of $996.60 million for the quarter, compared to the consensus estimate of $763.09 million. During the same quarter in the prior year, the company earned $1.07 EPS. Janus Henderson Group’s quarterly revenue was up 61.3% on a year-over-year basis. As a group, equities research analysts forecast that Janus Henderson Group plc will post 3.75 EPS for the current year.

Analysts Set New Price Targets

JHG has been the topic of several recent research reports. Zacks Research raised shares of Janus Henderson Group from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, February 10th. TD Cowen cut shares of Janus Henderson Group from a “buy” rating to a “hold” rating and set a $49.00 price objective for the company. in a report on Tuesday, December 23rd. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Janus Henderson Group in a research report on Monday, December 29th. Bank of America restated a “neutral” rating and issued a $49.00 price target (down from $54.00) on shares of Janus Henderson Group in a research note on Monday, January 5th. Finally, Morgan Stanley raised their price objective 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. Two equities research 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 stock. According to data from MarketBeat.com, Janus Henderson Group presently has a consensus rating of “Moderate Buy” and a consensus target price of $47.38.

Institutional Investors Weigh In On Janus Henderson Group

A number of institutional investors have recently added to or reduced their stakes in JHG. Caitong International Asset Management Co. Ltd acquired a new position in Janus Henderson Group during the 4th quarter worth approximately $52,000. Sit Investment Associates Inc. lifted its holdings in Janus Henderson Group by 68.4% during the 4th quarter. Sit Investment Associates Inc. now owns 22,160 shares of the company’s stock worth $1,054,000 after buying an additional 9,000 shares during the last quarter. DGS Capital Management LLC lifted its stake in Janus Henderson Group by 41.5% during the fourth quarter. DGS Capital Management LLC now owns 24,896 shares of the company’s stock worth $1,184,000 after purchasing an additional 7,307 shares during the last quarter. Kera Capital Partners Inc. boosted its holdings 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 buying an additional 4,633 shares during the period. Finally, Virtu Financial LLC acquired a new position in Janus Henderson Group in the fourth quarter valued at approximately $242,000. Hedge funds and other institutional investors 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.