Silchester International Investors LLP Sells 4,683,506 Shares of Janus Henderson Group plc (NYSE:JHG)

Silchester International Investors LLP reduced its stake in shares of Janus Henderson Group plc (NYSE:JHG - Free Report) by 45.0% during the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 5,734,436 shares of the company's stock after selling 4,683,506 shares during the period. Janus Henderson Group accounts for 29.4% of Silchester International Investors LLP's investment portfolio, making the stock its 2nd biggest holding. Silchester International Investors LLP owned 3.60% of Janus Henderson Group worth $218,310,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also modified their holdings of JHG. Versant Capital Management Inc bought a new stake in Janus Henderson Group in the second quarter worth $34,000. Larson Financial Group LLC lifted its position in Janus Henderson Group by 401.6% during the 2nd quarter. Larson Financial Group LLC now owns 1,249 shares of the company's stock worth $42,000 after acquiring an additional 1,000 shares during the last quarter. Abich Financial Wealth Management LLC lifted its position in 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 acquiring an additional 419 shares during the last quarter. Blue Trust Inc. lifted its position in Janus Henderson Group by 24.6% during the 3rd quarter. Blue Trust Inc. now owns 2,236 shares of the company's stock worth $85,000 after acquiring an additional 442 shares during the last quarter. Finally, GAMMA Investing LLC lifted its position in Janus Henderson Group by 159.6% during the 2nd quarter. GAMMA Investing LLC now owns 2,440 shares of the company's stock worth $82,000 after acquiring an additional 1,500 shares during the last quarter. 87.94% of the stock is currently owned by hedge funds and other institutional investors.

Janus Henderson Group Price Performance

Shares of Janus Henderson Group stock traded down $0.10 during midday trading on Friday, hitting $39.42. 753,706 shares of the company were exchanged, compared to its average volume of 1,019,861. The firm has a 50 day simple moving average of $37.95 and a 200-day simple moving average of $35.21. The company has a debt-to-equity ratio of 0.07, a current ratio of 4.05 and a quick ratio of 2.67. The firm has a market cap of $6.33 billion, a P/E ratio of 14.88, a PEG ratio of 0.77 and a beta of 1.50. Janus Henderson Group plc has a 52 week low of $22.27 and a 52 week high of $41.47.

Janus Henderson Group (NYSE:JHG - Get Free Report) last announced its quarterly earnings results on Thursday, August 1st. The company reported $0.85 EPS for the quarter, beating the consensus estimate of $0.74 by $0.11. The business had revenue of $588.40 million for the quarter, compared to analyst estimates of $568.79 million. Janus Henderson Group had a return on equity of 10.76% and a net margin of 21.02%. Janus Henderson Group's quarterly revenue was up 13.9% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.62 EPS. Research analysts forecast that Janus Henderson Group plc will post 3.25 earnings per share for the current year.

Janus Henderson Group Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Wednesday, August 28th. Investors of record on Monday, August 12th were paid a $0.39 dividend. This represents a $1.56 annualized dividend and a yield of 3.96%. The ex-dividend date was Monday, August 12th. Janus Henderson Group's dividend payout ratio is 58.87%.

Analysts Set New Price Targets

JHG has been the subject of a number of research analyst reports. TD Cowen boosted their target price on shares of Janus Henderson Group from $37.00 to $38.00 and gave the stock a "buy" rating in a research report on Monday, July 8th. Evercore ISI boosted their target price on shares of Janus Henderson Group from $36.00 to $37.00 and gave the stock an "in-line" rating in a research report on Friday, October 4th. The Goldman Sachs Group boosted their target price on shares of Janus Henderson Group from $36.00 to $37.00 and gave the stock a "sell" rating in a research report on Thursday, October 3rd. Deutsche Bank Aktiengesellschaft boosted their target price on shares of Janus Henderson Group from $36.00 to $37.00 and gave the stock a "hold" rating in a research report on Thursday, August 15th. Finally, Morgan Stanley upped 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 report on Friday, October 18th. One investment analyst has rated the stock with a sell rating, seven have assigned a hold rating and two have issued a buy rating to the company. According to MarketBeat.com, Janus Henderson Group currently has a consensus rating of "Hold" and a consensus target price of $38.63.

Insider Activity at Janus Henderson Group

In related news, CAO Michelle Rosenberg sold 7,651 shares of the business's stock in a transaction on Monday, August 19th. The stock was sold at an average price of $36.51, for a total value of $279,338.01. Following the sale, the chief accounting officer now owns 89,048 shares of the company's stock, valued at $3,251,142.48. The trade was a 0.00 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. In other Janus Henderson Group news, CAO Michelle Rosenberg sold 7,651 shares of the business's stock in a transaction on Monday, August 19th. The stock was sold at an average price of $36.51, for a total value of $279,338.01. Following the transaction, the chief accounting officer now owns 89,048 shares of the company's stock, valued at approximately $3,251,142.48. The trade was a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CFO Roger Mj Thompson sold 9,000 shares of the business'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 transaction, the chief financial officer now directly owns 139,171 shares in the company, valued at approximately $4,923,869.98. This represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 25,651 shares of company stock valued at $918,158 in the last 90 days. 19.60% of the stock is owned by corporate 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.