Redwood Investment Management LLC Has $2.81 Million Stake in Janus Henderson Group plc (NYSE:JHG)

Redwood Investment Management LLC cut its holdings in shares of Janus Henderson Group plc (NYSE:JHG - Free Report) by 16.0% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 73,369 shares of the company's stock after selling 14,007 shares during the quarter. Redwood Investment Management LLC's holdings in Janus Henderson Group were worth $2,811,000 as of its most recent SEC filing.

Other large investors also recently modified their holdings of the company. Foundry Partners LLC acquired a new position in shares of Janus Henderson Group in the second quarter valued at $566,000. Jane Street Group LLC raised its stake in shares of Janus Henderson Group by 536.7% in the first quarter. Jane Street Group LLC now owns 151,875 shares of the company's stock valued at $4,995,000 after purchasing an additional 128,021 shares in the last quarter. Dimensional Fund Advisors LP raised its stake in shares of Janus Henderson Group by 4.4% in the second 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 in the last quarter. WINTON GROUP Ltd raised its stake in shares of Janus Henderson Group by 97.7% in the second quarter. WINTON GROUP Ltd now owns 28,049 shares of the company's stock valued at $946,000 after purchasing an additional 13,861 shares in the last quarter. Finally, Mutual of America Capital Management LLC raised its stake in shares of Janus Henderson Group by 210.6% in the third quarter. Mutual of America Capital Management LLC now owns 228,276 shares of the company's stock valued at $8,690,000 after purchasing an additional 154,778 shares in the last quarter. 87.94% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of research analysts recently commented on the company. Morgan Stanley upped their target price on 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. Deutsche Bank Aktiengesellschaft upped their price target on Janus Henderson Group from $42.00 to $44.00 and gave the company a "hold" rating in a research report on Monday, November 11th. The Goldman Sachs Group upped their price target on Janus Henderson Group from $36.00 to $37.00 and gave the company a "sell" rating in a research report on Thursday, October 3rd. TD Cowen upped their price target on 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, Wells Fargo & Company upped their price target on Janus Henderson Group from $37.00 to $38.00 and gave the company an "equal weight" rating in a research report on Wednesday, October 9th. One equities research analyst has rated the stock with a sell rating, seven have given a hold rating and one has issued a buy rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of "Hold" and a consensus price target of $41.75.

Insider Activity at Janus Henderson Group

In related news, CFO Roger Mj Thompson sold 9,000 shares of the firm's 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 transaction, the chief financial officer now owns 130,171 shares in the company, valued at $4,634,087.60. This trade represents a 6.47 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 19.60% of the stock is owned by company insiders.

Janus Henderson Group Price Performance

Shares of JHG stock traded down $0.06 during trading hours on Thursday, hitting $44.58. 955,804 shares of the company's stock were exchanged, compared to its average volume of 1,027,787. The stock's 50-day moving average is $41.97 and its 200-day moving average is $37.58. The company has a debt-to-equity ratio of 0.09, a current ratio of 3.08 and a quick ratio of 2.08. The stock has a market cap of $7.09 billion, a price-to-earnings ratio of 17.62, a price-to-earnings-growth ratio of 0.58 and a beta of 1.48. Janus Henderson Group plc has a 52 week low of $26.63 and a 52 week high of $45.74.

Janus Henderson Group (NYSE:JHG - Get Free Report) last announced its 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 for the quarter, compared to analysts' expectations of $600.88 million. Janus Henderson Group had a return on equity of 11.49% and a net margin of 17.33%. The business's revenue for the quarter was up 19.9% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.64 earnings per share. As a group, research analysts forecast that Janus Henderson Group plc will post 3.43 EPS for the current year.

Janus Henderson Group Dividend Announcement

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

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.