Janus Henderson Group plc (NYSE:JHG) Stock Holdings Reduced by ARGA Investment Management LP

ARGA Investment Management LP lowered its stake in shares of Janus Henderson Group plc (NYSE:JHG - Free Report) by 46.2% in the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 32,108 shares of the company's stock after selling 27,579 shares during the quarter. ARGA Investment Management LP's holdings in Janus Henderson Group were worth $1,222,000 at the end of the most recent reporting period.

Other institutional investors have also recently added to or reduced their stakes in the company. Versant Capital Management Inc acquired a new stake in shares of Janus Henderson Group in the second quarter valued at approximately $34,000. Huntington National Bank increased its position in Janus Henderson Group by 24.5% in the 3rd quarter. Huntington National Bank now owns 1,219 shares of the company's stock valued at $46,000 after acquiring an additional 240 shares during the period. Larson Financial Group LLC increased its position in Janus Henderson Group by 401.6% in the 2nd quarter. Larson Financial Group LLC now owns 1,249 shares of the company's stock valued at $42,000 after acquiring an additional 1,000 shares during the period. Addison Advisors LLC raised its stake in Janus Henderson Group by 103.4% during the 3rd quarter. Addison Advisors LLC now owns 1,263 shares of the company's stock valued at $48,000 after acquiring an additional 642 shares in the last quarter. Finally, Farther Finance Advisors LLC boosted its position in Janus Henderson Group by 70.6% during the 3rd quarter. Farther Finance Advisors LLC now owns 1,390 shares of the company's stock worth $53,000 after acquiring an additional 575 shares during the period. 87.94% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

JHG has been the topic of a number of research analyst reports. Evercore ISI raised their price target on Janus Henderson Group from $40.00 to $43.00 and gave the company an "in-line" rating in a report on Thursday, November 7th. Wells Fargo & Company raised their target price on shares of Janus Henderson Group from $37.00 to $38.00 and gave the company an "equal weight" rating in a research note on Wednesday, October 9th. The Goldman Sachs Group upped their price target on shares of Janus Henderson Group from $36.00 to $37.00 and gave the stock a "sell" rating in a research note on Thursday, October 3rd. Morgan Stanley raised their price objective on shares of Janus Henderson Group from $39.00 to $42.00 and gave the company an "equal weight" rating in a research note on Friday, October 18th. Finally, UBS Group upped their target price on Janus Henderson Group from $37.00 to $41.00 and gave the stock a "neutral" rating in a research report on Tuesday, October 22nd. One research analyst has rated the stock with a sell rating, seven have issued a hold rating and one has given a buy rating to the stock. According to MarketBeat, the company has an average rating of "Hold" and an average target price of $41.75.

Janus Henderson Group Price Performance

Shares of NYSE JHG traded up $0.01 during trading on Friday, hitting $45.28. The company had a trading volume of 439,303 shares, compared to its average volume of 977,175. Janus Henderson Group plc has a 52 week low of $25.86 and a 52 week high of $45.74. The business's 50-day moving average is $41.46 and its 200 day moving average is $37.33. The company has a market cap of $7.20 billion, a P/E ratio of 17.90, a PEG ratio of 0.59 and a beta of 1.49. The company has a debt-to-equity ratio of 0.09, a quick ratio of 2.08 and a current ratio of 3.08.

Janus Henderson Group (NYSE:JHG - Get Free Report) last issued its earnings results on Thursday, October 31st. The company reported $0.91 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.80 by $0.11. Janus Henderson Group had a return on equity of 11.49% and a net margin of 17.33%. The business had revenue of $624.80 million for the quarter, compared to analysts' expectations of $600.88 million. During the same period in the previous year, the firm posted $0.64 EPS. The company's quarterly revenue was up 19.9% on a year-over-year basis. Equities research analysts predict that Janus Henderson Group plc will post 3.43 earnings per share for the current fiscal year.

Janus Henderson Group Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, November 27th. Shareholders of record on Wednesday, November 27th were paid a dividend of $0.39 per share. This represents a $1.56 dividend on an annualized basis and a yield of 3.45%. The ex-dividend date of this dividend was Wednesday, November 27th. Janus Henderson Group's dividend payout ratio is presently 61.66%.

Insiders Place Their Bets

In other news, CFO Roger Mj Thompson sold 9,000 shares of the firm's stock in a transaction on Tuesday, September 10th. The stock was sold at an average price of $35.38, for a total value of $318,420.00. Following the completion of the sale, the chief financial officer now owns 139,171 shares of the company's stock, valued at $4,923,869.98. This trade represents a 6.07 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this link. Corporate insiders own 19.60% of the company's stock.

Janus Henderson Group Company 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.