Financial Counselors Inc. Reduces Stake in Janus Henderson Group plc (NYSE:JHG)

Financial Counselors Inc. trimmed its holdings in shares of Janus Henderson Group plc (NYSE:JHG) by 8.7% in the 3rd quarter, HoldingsChannel.com reports. The fund owned 7,889 shares of the company’s stock after selling 750 shares during the quarter. Financial Counselors Inc.’s holdings in Janus Henderson Group were worth $300,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the business. Versant Capital Management Inc purchased a new position in shares of Janus Henderson Group during the 2nd quarter valued at about $34,000. Larson Financial Group LLC grew its holdings in Janus Henderson Group by 401.6% during the second quarter. Larson Financial Group LLC now owns 1,249 shares of the company’s stock worth $42,000 after acquiring an additional 1,000 shares during the period. Huntington National Bank raised its position in Janus Henderson Group by 24.5% during the third quarter. Huntington National Bank now owns 1,219 shares of the company’s stock valued at $46,000 after acquiring an additional 240 shares in the last quarter. Addison Advisors LLC lifted its holdings in Janus Henderson Group by 103.4% in the third quarter. Addison Advisors LLC now owns 1,263 shares of the company’s stock valued at $48,000 after acquiring an additional 642 shares during the period. Finally, Farther Finance Advisors LLC boosted its position in Janus Henderson Group by 70.6% in the 3rd quarter. Farther Finance Advisors LLC now owns 1,390 shares of the company’s stock worth $53,000 after purchasing an additional 575 shares in the last quarter. 87.94% of the stock is currently owned by institutional investors and hedge funds.

Janus Henderson Group Trading Up 0.0 %

JHG stock opened at $45.28 on Friday. The business’s 50-day moving average is $41.46 and its 200 day moving average is $37.31. Janus Henderson Group plc has a 12-month low of $25.86 and a 12-month high of $45.74. The stock has a market cap of $7.20 billion, a price-to-earnings ratio of 17.90, a PEG ratio of 0.59 and a beta of 1.49. The company has a current ratio of 3.08, a quick ratio of 2.08 and a debt-to-equity ratio of 0.09.

Janus Henderson Group (NYSE:JHG) last issued its quarterly earnings results on Thursday, October 31st. The company reported $0.91 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.80 by $0.11. Janus Henderson Group had a return on equity of 11.49% and a net margin of 17.33%. The firm had revenue of $624.80 million for the quarter, compared to analyst estimates of $600.88 million. During the same period in the previous year, the company posted $0.64 earnings per share. The business’s revenue was up 19.9% on a year-over-year basis. On average, sell-side analysts anticipate that Janus Henderson Group plc will post 3.43 EPS for the current fiscal year.

Janus Henderson Group Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, November 27th. Stockholders of record on Wednesday, November 27th were given a $0.39 dividend. This represents a $1.56 dividend on an annualized basis and a dividend yield of 3.45%. The ex-dividend date was Wednesday, November 27th. Janus Henderson Group’s dividend payout ratio (DPR) is 61.66%.

Analysts Set New Price Targets

JHG has been the subject of several analyst reports. The Goldman Sachs Group boosted their target price on shares of Janus Henderson Group from $36.00 to $37.00 and gave the company a “sell” rating in a research note on Thursday, October 3rd. Wells Fargo & Company upped their price objective on shares of Janus Henderson Group from $37.00 to $38.00 and gave the stock an “equal weight” rating in a research report on Wednesday, October 9th. Evercore ISI raised their target price on Janus Henderson Group from $40.00 to $43.00 and gave the company an “in-line” rating in a research report on Thursday, November 7th. StockNews.com cut Janus Henderson Group from a “buy” rating to a “hold” rating in a report on Friday, August 16th. Finally, TD Cowen raised their price objective on Janus Henderson Group from $46.00 to $50.00 and gave the company a “buy” rating in a report on Friday, November 1st. One investment analyst has rated the stock with a sell rating, seven have given a hold rating and one has given a buy rating to the company. According to data from MarketBeat.com, Janus Henderson Group presently has an average rating of “Hold” and a consensus target price of $41.75.

Insider Transactions at Janus Henderson Group

In related news, CFO Roger Mj Thompson sold 9,000 shares of the stock in a transaction that occurred on Thursday, September 12th. The stock was sold at an average price of $35.60, for a total value of $320,400.00. Following the completion of the sale, the chief financial officer now owns 130,171 shares of the company’s stock, valued at approximately $4,634,087.60. This trade represents a 6.47 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Insiders own 19.60% of the company’s stock.

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.