JPMorgan Chase & Co. Has $22.76 Million Stake in Janus Henderson Group plc $JHG

JPMorgan Chase & Co. reduced its stake in shares of Janus Henderson Group plc (NYSE:JHG) by 19.6% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 585,960 shares of the company’s stock after selling 142,832 shares during the quarter. JPMorgan Chase & Co.’s holdings in Janus Henderson Group were worth $22,759,000 at the end of the most recent quarter.

Other institutional investors have also recently bought and sold shares of the company. Vanguard Group Inc. boosted its position in Janus Henderson Group by 0.6% in the 1st quarter. Vanguard Group Inc. now owns 14,227,134 shares of the company’s stock valued at $514,311,000 after buying an additional 78,321 shares during the last quarter. Charles Schwab Investment Management Inc. lifted its stake in shares of Janus Henderson Group by 7.7% during the first quarter. Charles Schwab Investment Management Inc. now owns 4,946,058 shares of the company’s stock valued at $178,800,000 after acquiring an additional 352,617 shares during the period. AQR Capital Management LLC lifted its stake in shares of Janus Henderson Group by 8.8% during the first quarter. AQR Capital Management LLC now owns 1,926,206 shares of the company’s stock valued at $68,400,000 after acquiring an additional 155,059 shares during the period. Clark Capital Management Group Inc. boosted its holdings in Janus Henderson Group by 2.0% in the first quarter. Clark Capital Management Group Inc. now owns 1,445,920 shares of the company’s stock valued at $52,270,000 after acquiring an additional 28,117 shares during the last quarter. Finally, Invesco Ltd. increased its position in Janus Henderson Group by 15.5% in the first quarter. Invesco Ltd. now owns 1,354,770 shares of the company’s stock worth $48,975,000 after purchasing an additional 182,014 shares during the period. Institutional investors own 87.94% of the company’s stock.

Insider Transactions at Janus Henderson Group

In other Janus Henderson Group news, CFO Roger Mj Thompson sold 27,491 shares of the stock in a transaction dated Thursday, September 11th. The stock was sold at an average price of $45.26, for a total value of $1,244,242.66. Following the completion of the sale, the chief financial officer directly owned 113,097 shares in the company, valued at $5,118,770.22. This represents a 19.55% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Insiders own 19.60% of the company’s stock.

Janus Henderson Group Stock Up 0.7%

Janus Henderson Group stock opened at $44.33 on Friday. The firm has a market capitalization of $6.85 billion, a price-to-earnings ratio of 13.00, a PEG ratio of 0.82 and a beta of 1.57. The company’s 50 day simple moving average is $43.54 and its 200 day simple moving average is $41.93. The company has a debt-to-equity ratio of 0.08, a current ratio of 4.02 and a quick ratio of 2.15. Janus Henderson Group plc has a fifty-two week low of $28.26 and a fifty-two week high of $49.42.

Janus Henderson Group (NYSE:JHG) last posted its earnings results on Thursday, October 30th. The company reported $1.09 earnings per share for the quarter, topping the consensus estimate of $1.01 by $0.08. The company had revenue of $700.40 million for the quarter, compared to analyst estimates of $695.57 million. Janus Henderson Group had a net margin of 19.82% and a return on equity of 12.35%. The business’s revenue for the quarter was up 12.1% compared to the same quarter last year. During the same period last year, the business posted $0.91 earnings per share. As a group, sell-side analysts anticipate that Janus Henderson Group plc will post 3.75 EPS for the current year.

Janus Henderson Group Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Wednesday, November 26th. Shareholders of record on Monday, November 10th were issued a dividend of $0.40 per share. The ex-dividend date was Monday, November 10th. This represents a $1.60 annualized dividend and a yield of 3.6%. Janus Henderson Group’s payout ratio is currently 46.92%.

Analyst Upgrades and Downgrades

JHG has been the topic of a number of research reports. Cowen restated a “buy” rating on shares of Janus Henderson Group in a research report on Friday, October 31st. Bank of America boosted their price target on shares of Janus Henderson Group from $49.00 to $50.00 and gave the stock a “buy” rating in a research note on Thursday, October 2nd. Morgan Stanley reaffirmed a “positive” rating on shares of Janus Henderson Group in a research note on Monday, October 6th. Wall Street Zen lowered shares of Janus Henderson Group from a “buy” rating to a “hold” rating in a report on Friday, November 28th. Finally, Weiss Ratings reissued a “buy (b-)” rating on shares of Janus Henderson Group in a research note on Monday. Two equities research analysts have rated the stock with a Strong Buy rating, eight have given a Buy rating and two have issued a Hold rating to the company’s stock. According to MarketBeat, Janus Henderson Group currently has an average rating of “Buy” and an average target price of $48.11.

Janus Henderson Group 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.