Janus Henderson Group PLC (JHG) Shares Sold by Federated Investors Inc. PA

Federated Investors Inc. PA lessened its holdings in Janus Henderson Group PLC (NYSE:JHG) by 11.4% during the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 73,647 shares of the company’s stock after selling 9,459 shares during the period. Federated Investors Inc. PA’s holdings in Janus Henderson Group were worth $2,263,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also made changes to their positions in the company. Silchester International Investors LLP lifted its stake in Janus Henderson Group by 10.2% in the first quarter. Silchester International Investors LLP now owns 10,153,980 shares of the company’s stock valued at $335,995,000 after purchasing an additional 937,327 shares during the last quarter. BlackRock Inc. lifted its stake in Janus Henderson Group by 5.2% in the first quarter. BlackRock Inc. now owns 12,187,495 shares of the company’s stock valued at $403,286,000 after purchasing an additional 603,617 shares during the last quarter. Schwab Charles Investment Management Inc. lifted its stake in Janus Henderson Group by 85.9% in the first quarter. Schwab Charles Investment Management Inc. now owns 1,186,125 shares of the company’s stock valued at $39,249,000 after purchasing an additional 547,921 shares during the last quarter. Allianz Asset Management GmbH purchased a new position in Janus Henderson Group in the first quarter valued at approximately $5,197,000. Finally, PGGM Investments purchased a new position in Janus Henderson Group in the second quarter valued at approximately $4,763,000. Hedge funds and other institutional investors own 53.58% of the company’s stock.

Shares of JHG stock opened at $27.64 on Monday. The company has a current ratio of 3.05, a quick ratio of 2.02 and a debt-to-equity ratio of 0.07. Janus Henderson Group PLC has a 1 year low of $26.95 and a 1 year high of $41.64. The firm has a market cap of $5.62 billion, a price-to-earnings ratio of 10.24, a price-to-earnings-growth ratio of 0.98 and a beta of 1.37.

Janus Henderson Group (NYSE:JHG) last issued its earnings results on Wednesday, August 1st. The company reported $0.74 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.75 by ($0.01). Janus Henderson Group had a net margin of 37.79% and a return on equity of 11.43%. The business had revenue of $592.40 million for the quarter, compared to the consensus estimate of $610.10 million. sell-side analysts expect that Janus Henderson Group PLC will post 2.88 EPS for the current fiscal year.

The firm also recently announced a dividend, which was paid on Friday, August 24th. Shareholders of record on Monday, August 13th were issued a dividend of $0.36 per share. The ex-dividend date was Friday, August 10th. Janus Henderson Group’s payout ratio is 58.06%.

Several equities analysts recently commented on the company. Zacks Investment Research downgraded Janus Henderson Group from a “hold” rating to a “sell” rating in a research note on Thursday. Citigroup downgraded Janus Henderson Group from a “buy” rating to a “neutral” rating and dropped their price objective for the company from $37.00 to $32.35 in a research note on Thursday, August 2nd. Credit Suisse Group reiterated an “underperform” rating and issued a $29.00 price objective on shares of Janus Henderson Group in a research note on Friday, August 24th. Deutsche Bank downgraded Janus Henderson Group from a “buy” rating to a “hold” rating and dropped their price objective for the company from $35.00 to $31.00 in a research note on Wednesday, August 1st. Finally, ValuEngine downgraded Janus Henderson Group from a “hold” rating to a “sell” rating in a research note on Friday, June 1st. Four analysts have rated the stock with a sell rating and six have assigned a hold rating to the stock. Janus Henderson Group has a consensus rating of “Hold” and an average target price of $34.17.

About Janus Henderson Group

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.

Read More: Marijuana Stocks Investing Considerations

Want to see what other hedge funds are holding JHG? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Janus Henderson Group PLC (NYSE:JHG).

Institutional Ownership by Quarter for Janus Henderson Group (NYSE:JHG)

Receive News & Ratings for Janus Henderson Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Janus Henderson Group and related companies with MarketBeat.com's FREE daily email newsletter.


Leave a Reply