Key Points
- CEO Ali Dibadj sold 127,632 shares on Feb 17 at an average price of $49.12 for proceeds of $6,269,283.84, reducing his stake by 22.13% to 449,078 shares; the trade was disclosed in an SEC filing.
- Janus Henderson reported a strong quarter on Jan 30 with EPS of $2.01 versus $1.19 expected and revenue of $996.6M (up 61.3% year-over-year), driving analysts to forecast $3.75 EPS for the fiscal year.
- Market context: the stock trades near its 1‑year high (~$49.58), has a market cap of $7.66B and high institutional ownership (87.94%), while analysts' consensus is a "Moderate Buy" with an average price target of $47.67.
Janus Henderson Group plc (NYSE:JHG - Get Free Report) CEO Ali Dibadj sold 127,632 shares of the business's stock in a transaction on Tuesday, February 17th. The stock was sold at an average price of $49.12, for a total value of $6,269,283.84. Following the transaction, the chief executive officer directly owned 449,078 shares of the company's stock, valued at $22,058,711.36. The trade was a 22.13% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website.
Janus Henderson Group Price Performance
JHG stock opened at $49.58 on Wednesday. The business's 50-day moving average is $47.62 and its two-hundred day moving average is $45.13. The company has a debt-to-equity ratio of 0.07, a current ratio of 4.02 and a quick ratio of 2.15. The firm has a market capitalization of $7.66 billion, a P/E ratio of 9.43, a P/E/G ratio of 1.40 and a beta of 1.54. Janus Henderson Group plc has a 1 year low of $28.26 and a 1 year high of $49.68.
Janus Henderson Group (NYSE:JHG - Get Free Report) last released its earnings results on Friday, January 30th. The company reported $2.01 earnings per share for the quarter, topping analysts' consensus estimates of $1.19 by $0.82. The firm had revenue of $996.60 million for the quarter, compared to analyst estimates of $763.09 million. Janus Henderson Group had a net margin of 25.83% and a return on equity of 14.70%. The business's quarterly revenue was up 61.3% compared to the same quarter last year. During the same period in the prior year, the firm earned $1.07 earnings per share. Analysts anticipate that Janus Henderson Group plc will post 3.75 earnings per share for the current fiscal year.
Institutional Investors Weigh In On Janus Henderson Group
A number of institutional investors and hedge funds have recently added to or reduced their stakes in JHG. Royal Bank of Canada grew its position in shares of Janus Henderson Group by 38.3% during the first quarter. Royal Bank of Canada now owns 115,135 shares of the company's stock worth $4,163,000 after acquiring an additional 31,889 shares during the last quarter. Amundi grew its position in Janus Henderson Group by 13.8% during the 1st quarter. Amundi now owns 4,177 shares of the company's stock worth $150,000 after purchasing an additional 506 shares during the last quarter. Jones Financial Companies Lllp increased its stake in Janus Henderson Group by 1,538.8% in the first quarter. Jones Financial Companies Lllp now owns 8,833 shares of the company's stock valued at $319,000 after purchasing an additional 8,294 shares during the period. Goldman Sachs Group Inc. increased its stake in Janus Henderson Group by 16.7% in the first quarter. Goldman Sachs Group Inc. now owns 1,299,921 shares of the company's stock valued at $46,992,000 after purchasing an additional 186,218 shares during the period. Finally, Jane Street Group LLC increased its stake in Janus Henderson Group by 1,924.0% in the first quarter. Jane Street Group LLC now owns 279,352 shares of the company's stock valued at $10,099,000 after purchasing an additional 265,550 shares during the period. Hedge funds and other institutional investors own 87.94% of the company's stock.
Analyst Upgrades and Downgrades
Several research firms have recently issued reports on JHG. Evercore decreased their price objective on shares of Janus Henderson Group from $50.00 to $49.00 and set an "in-line" rating for the company in a research report on Monday, December 22nd. 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. Morgan Stanley lifted their price target on Janus Henderson Group from $46.00 to $48.00 and gave the stock an "equal weight" rating in a report on Wednesday, December 17th. Weiss Ratings reaffirmed a "buy (b)" rating on shares of Janus Henderson Group in a research report on Monday, December 29th. Finally, 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. Two research analysts have rated the stock with a Strong Buy rating, three have given a Buy rating and six have given a Hold rating to the company's stock. Based on data from MarketBeat.com, the company has an average rating of "Moderate Buy" and an average price target of $47.67.
Get Our Latest Stock Report on Janus Henderson Group
Janus Henderson Group Company Profile
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Get Free Report)
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.
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