Janus Henderson Group plc (NYSE:JHG - Get Free Report) CTO William Cassidy sold 16,947 shares of the company's stock in a transaction dated Friday, February 27th. The shares were 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 position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website.
Janus Henderson Group Trading Down 0.9%
Shares of JHG opened at $51.63 on Wednesday. The company has a debt-to-equity ratio of 0.07, a current ratio of 4.18 and a quick ratio of 2.50. The firm has a 50 day simple moving average of $48.57 and a 200-day simple moving average of $45.65. Janus Henderson Group plc has a 1-year low of $28.26 and a 1-year high of $53.76. The stock has a market cap of $7.95 billion, a price-to-earnings ratio of 9.81, a price-to-earnings-growth ratio of 1.49 and a beta of 1.53.
Janus Henderson Group (NYSE:JHG - Get Free Report) last posted its 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 firm had revenue of $996.60 million for the quarter, compared to analyst estimates 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 quarter in the prior year, the company earned $1.07 EPS. Equities analysts forecast that Janus Henderson Group plc will post 3.75 EPS for the current fiscal year.
Analyst Ratings Changes
A number of analysts recently commented on the company. Morgan Stanley lifted their price objective on Janus Henderson Group from $46.00 to $48.00 and gave the stock an "equal weight" rating in a research report on Wednesday, December 17th. Zacks Research raised shares of Janus Henderson Group from a "hold" rating to a "strong-buy" rating in a research note on Tuesday, February 10th. Evercore lowered their price target on shares of Janus Henderson Group from $50.00 to $49.00 and set an "in-line" rating for the company in a report on Monday, December 22nd. 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. Finally, 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 report on Tuesday, December 23rd. Two investment 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 stock. According to data from MarketBeat, Janus Henderson Group presently has a consensus rating of "Moderate Buy" and a consensus price target of $47.38.
Read Our Latest Research Report on Janus Henderson Group
Institutional Inflows and Outflows
A number of institutional investors and hedge funds have recently modified their holdings of JHG. Caitong International Asset Management Co. Ltd acquired a new stake in shares of Janus Henderson Group in the fourth quarter worth approximately $52,000. Sit Investment Associates Inc. boosted its holdings in shares of Janus Henderson Group by 68.4% in the 4th quarter. Sit Investment Associates Inc. now owns 22,160 shares of the company's stock valued at $1,054,000 after purchasing an additional 9,000 shares during the last quarter. DGS Capital Management LLC grew its stake in shares of Janus Henderson Group by 41.5% during the 4th quarter. DGS Capital Management LLC now owns 24,896 shares of the company's stock valued at $1,184,000 after buying an additional 7,307 shares during the period. Kera Capital Partners Inc. grew its stake in shares of Janus Henderson Group by 48.8% during 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 stake in shares of Janus Henderson Group during the 4th quarter worth $242,000. Institutional investors and hedge funds own 87.94% of the company's stock.
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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