Janus Henderson Group plc $JHG Shares Sold by Mitsubishi UFJ Trust & Banking Corp

Mitsubishi UFJ Trust & Banking Corp cut its stake in Janus Henderson Group plc (NYSE:JHG) by 64.0% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 43,303 shares of the company’s stock after selling 77,129 shares during the quarter. Mitsubishi UFJ Trust & Banking Corp’s holdings in Janus Henderson Group were worth $1,927,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently modified their holdings of the stock. Quent Capital LLC acquired a new stake in shares of Janus Henderson Group in the third quarter valued at about $36,000. Traub Capital Management LLC purchased a new position in Janus Henderson Group in the 2nd quarter worth approximately $37,000. True Wealth Design LLC boosted its holdings in Janus Henderson Group by 1,019.4% in the 3rd quarter. True Wealth Design LLC now owns 1,556 shares of the company’s stock worth $69,000 after acquiring an additional 1,417 shares during the period. Richardson Financial Services Inc. grew its position in Janus Henderson Group by 237.8% in the third quarter. Richardson Financial Services Inc. now owns 1,598 shares of the company’s stock valued at $71,000 after acquiring an additional 1,125 shares in the last quarter. Finally, Allworth Financial LP raised its stake in shares of Janus Henderson Group by 52.8% during the second quarter. Allworth Financial LP now owns 2,234 shares of the company’s stock valued at $87,000 after purchasing an additional 772 shares during the period. Hedge funds and other institutional investors own 87.94% of the company’s stock.

Analyst Ratings Changes

Several brokerages have recently weighed in on JHG. Wall Street Zen upgraded shares of Janus Henderson Group from a “hold” rating to a “buy” rating in a research note on Saturday, December 20th. Bank of America reissued a “neutral” rating and issued a $49.00 price objective (down from $54.00) on shares of Janus Henderson Group in a research report on Monday, January 5th. Evercore ISI lowered their target price on Janus Henderson Group from $50.00 to $49.00 and set an “in-line” rating for the company in a research note on Monday, December 22nd. Weiss Ratings reiterated a “buy (b)” rating on shares of Janus Henderson Group in a research note on Monday, December 29th. Finally, Zacks Research downgraded Janus Henderson Group from a “strong-buy” rating to a “hold” rating in a report on Monday, December 8th. One equities research analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating and seven have given a Hold rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Hold” and a consensus target price of $47.67.

Janus Henderson Group Stock Up 0.5%

Shares of Janus Henderson Group stock opened at $48.16 on Friday. The business has a 50-day moving average price of $46.50 and a 200 day moving average price of $44.58. Janus Henderson Group plc has a fifty-two week low of $28.26 and a fifty-two week high of $49.42. The firm has a market cap of $7.44 billion, a P/E ratio of 14.12, a P/E/G ratio of 0.78 and a beta of 1.54. The company has a quick ratio of 2.15, a current ratio of 4.02 and a debt-to-equity ratio of 0.08.

Janus Henderson Group (NYSE:JHG) last issued its earnings results on Friday, January 30th. The company reported $2.01 EPS for the quarter, topping the consensus estimate of $1.19 by $0.82. Janus Henderson Group had a return on equity of 12.35% and a net margin of 19.82%.The company had revenue of $996.60 million during the quarter, compared to analyst estimates of $763.09 million. During the same quarter last year, the firm earned $1.07 EPS. The business’s revenue was up 61.3% on a year-over-year basis. On average, sell-side analysts forecast that Janus Henderson Group plc will post 3.75 earnings per share for the current fiscal year.

Janus Henderson Group 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.