Jacobs Levy Equity Management Inc. Sells 69,054 Shares of Janus Henderson Group plc (NYSE:JHG)

Jacobs Levy Equity Management Inc. trimmed its holdings in shares of Janus Henderson Group plc (NYSE:JHG - Free Report) by 16.8% in the third quarter, according to its most recent filing with the SEC. The firm owned 342,275 shares of the company's stock after selling 69,054 shares during the period. Jacobs Levy Equity Management Inc. owned approximately 0.22% of Janus Henderson Group worth $13,030,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors also recently made changes to their positions in JHG. Dimensional Fund Advisors LP lifted its holdings in Janus Henderson Group by 4.4% during the 2nd quarter. Dimensional Fund Advisors LP now owns 8,090,743 shares of the company's stock valued at $272,741,000 after purchasing an additional 344,582 shares during the last quarter. Millennium Management LLC lifted its holdings in Janus Henderson Group by 43.5% during the 2nd quarter. Millennium Management LLC now owns 5,968,705 shares of the company's stock valued at $201,205,000 after purchasing an additional 1,809,249 shares during the last quarter. Charles Schwab Investment Management Inc. lifted its holdings in Janus Henderson Group by 0.8% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 4,446,079 shares of the company's stock valued at $169,262,000 after purchasing an additional 36,711 shares during the last quarter. Ariel Investments LLC lifted its holdings in Janus Henderson Group by 0.7% during the 2nd quarter. Ariel Investments LLC now owns 2,256,434 shares of the company's stock valued at $76,064,000 after purchasing an additional 16,653 shares during the last quarter. Finally, Principal Financial Group Inc. lifted its holdings in Janus Henderson Group by 28.9% during the 3rd quarter. Principal Financial Group Inc. now owns 2,081,630 shares of the company's stock valued at $79,248,000 after purchasing an additional 467,049 shares during the last quarter. 87.94% of the stock is owned by institutional investors.

Janus Henderson Group Trading Down 0.1 %

Shares of NYSE:JHG traded down $0.06 during trading on Thursday, hitting $44.58. 955,804 shares of the company's stock were exchanged, compared to its average volume of 1,027,787. Janus Henderson Group plc has a 1-year low of $26.63 and a 1-year high of $45.74. The firm has a 50-day moving average price of $41.97 and a two-hundred day moving average price of $37.58. The company has a current ratio of 3.08, a quick ratio of 2.08 and a debt-to-equity ratio of 0.09. The firm has a market cap of $7.09 billion, a P/E ratio of 17.62, a PEG ratio of 0.58 and a beta of 1.48.

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

Janus Henderson Group Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, November 27th. Investors of record on Wednesday, November 27th were issued a dividend of $0.39 per share. This represents a $1.56 dividend on an annualized basis and a yield of 3.50%. The ex-dividend date of this dividend was Wednesday, November 27th. Janus Henderson Group's dividend payout ratio is currently 61.66%.

Insider Activity at Janus Henderson Group

In related news, CFO Roger Mj Thompson sold 9,000 shares of the business's stock in a transaction that occurred on Thursday, September 12th. The shares were sold at an average price of $35.60, for a total transaction of $320,400.00. Following the completion of the transaction, the chief financial officer now owns 130,171 shares in the company, valued at approximately $4,634,087.60. The trade was a 6.47 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Corporate insiders own 19.60% of the company's stock.

Analyst Upgrades and Downgrades

JHG has been the subject of several analyst reports. UBS Group lifted their price target on shares of Janus Henderson Group from $37.00 to $41.00 and gave the company a "neutral" rating in a report on Tuesday, October 22nd. Evercore ISI raised their price objective on shares of Janus Henderson Group from $40.00 to $43.00 and gave the company an "in-line" rating in a research report on Thursday, November 7th. StockNews.com cut shares of Janus Henderson Group from a "buy" rating to a "hold" rating in a research report on Friday, August 16th. The Goldman Sachs Group raised their price objective on shares of Janus Henderson Group from $36.00 to $37.00 and gave the company a "sell" rating in a research report on Thursday, October 3rd. Finally, Deutsche Bank Aktiengesellschaft raised their price objective on shares of Janus Henderson Group from $42.00 to $44.00 and gave the company a "hold" rating in a research report on Monday, November 11th. One research analyst has rated the stock with a sell rating, seven have given a hold rating and one has given a buy rating to the company's stock. According to data from MarketBeat, the company has a consensus rating of "Hold" and an average price target of $41.75.

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.