Janus Henderson Group plc (NYSE:JHG) Stock Position Reduced by Kingsview Wealth Management LLC

Kingsview Wealth Management LLC cut its stake in shares of Janus Henderson Group plc (NYSE:JHG - Free Report) by 15.7% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 85,751 shares of the company's stock after selling 15,926 shares during the quarter. Kingsview Wealth Management LLC owned 0.05% of Janus Henderson Group worth $3,265,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the company. Versant Capital Management Inc purchased a new stake in shares of Janus Henderson Group in the second quarter valued at about $34,000. Larson Financial Group LLC boosted its holdings 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 purchasing an additional 1,000 shares in the last quarter. Huntington National Bank increased its position in Janus Henderson Group by 24.5% during the 3rd quarter. Huntington National Bank now owns 1,219 shares of the company's stock worth $46,000 after purchasing an additional 240 shares during the period. Abich Financial Wealth Management LLC raised its stake in shares of Janus Henderson Group by 41.9% during the 1st quarter. Abich Financial Wealth Management LLC now owns 1,420 shares of the company's stock worth $47,000 after buying an additional 419 shares in the last quarter. Finally, Addison Advisors LLC lifted its holdings in shares of Janus Henderson Group by 103.4% in the 3rd quarter. Addison Advisors LLC now owns 1,263 shares of the company's stock valued at $48,000 after buying an additional 642 shares during the period. 87.94% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several research analysts have issued reports on JHG shares. Evercore ISI increased their price objective on Janus Henderson Group from $40.00 to $43.00 and gave the stock an "in-line" rating in a research report on Thursday, November 7th. UBS Group increased their target price 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. Deutsche Bank Aktiengesellschaft raised their price objective on Janus Henderson Group from $42.00 to $44.00 and gave the company a "hold" rating in a research note on Monday, November 11th. TD Cowen increased their price target on shares of Janus Henderson Group from $46.00 to $50.00 and gave the company a "buy" rating in a research report on Friday, November 1st. Finally, StockNews.com cut Janus Henderson Group from a "buy" rating to a "hold" rating in a report on Friday, August 16th. One research analyst has rated the stock with a sell rating, seven have assigned a hold rating and one has given a buy rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of "Hold" and a consensus price target of $41.75.

Janus Henderson Group Trading Up 0.2 %

Janus Henderson Group stock traded up $0.07 during trading on Monday, hitting $45.24. The company's stock had a trading volume of 1,217,590 shares, compared to its average volume of 1,024,803. The stock's fifty day moving average is $40.71 and its 200 day moving average is $36.92. 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 plc has a 1-year low of $25.39 and a 1-year high of $45.74. The stock has a market capitalization of $7.19 billion, a price-to-earnings ratio of 17.85, a P/E/G ratio of 0.59 and a beta of 1.49.

Janus Henderson Group (NYSE:JHG - Get Free Report) last announced its quarterly earnings results on Thursday, October 31st. The company reported $0.91 earnings per share for the quarter, beating analysts' consensus estimates of $0.80 by $0.11. The company had revenue of $624.80 million for the quarter, compared to analyst estimates 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 for the quarter was up 19.9% on a year-over-year basis. During the same quarter last year, the business earned $0.64 EPS. As a group, equities research analysts predict that Janus Henderson Group plc will post 3.43 EPS for the current year.

Janus Henderson Group Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, November 27th. Shareholders of record on Wednesday, November 27th will be given a $0.39 dividend. This represents a $1.56 annualized dividend and a yield of 3.45%. The ex-dividend date is Wednesday, November 27th. Janus Henderson Group's dividend payout ratio (DPR) is presently 61.66%.

Insiders Place Their Bets

In related news, CFO Roger Mj Thompson sold 9,000 shares of the stock in a transaction dated Thursday, September 12th. The stock was sold at an average price of $35.60, for a total value of $320,400.00. Following the completion of the transaction, the chief financial officer now owns 130,171 shares of the company's stock, valued at approximately $4,634,087.60. This represents a 6.47 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this link. 20.00% of the stock is currently owned by insiders.

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.