Hennion & Walsh Asset Management Inc. Sells 3,806 Shares of Janus Henderson Group plc (NYSE:JHG)

Hennion & Walsh Asset Management Inc. lessened its position in Janus Henderson Group plc (NYSE:JHG) by 7.0% in the second quarter, HoldingsChannel.com reports. The fund owned 50,418 shares of the company’s stock after selling 3,806 shares during the period. Hennion & Walsh Asset Management Inc.’s holdings in Janus Henderson Group were worth $1,700,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors also recently modified their holdings of the company. Greenwood Capital Associates LLC lifted its stake in shares of Janus Henderson Group by 0.8% during the 4th quarter. Greenwood Capital Associates LLC now owns 45,635 shares of the company’s stock worth $1,376,000 after buying an additional 350 shares during the last quarter. EverSource Wealth Advisors LLC lifted its stake in shares of Janus Henderson Group by 39.7% during the 4th quarter. EverSource Wealth Advisors LLC now owns 1,299 shares of the company’s stock worth $39,000 after buying an additional 369 shares during the last quarter. Abich Financial Wealth Management LLC lifted 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 during the last quarter. Retirement Systems of Alabama lifted its stake in shares of Janus Henderson Group by 0.3% during the 1st quarter. Retirement Systems of Alabama now owns 166,421 shares of the company’s stock worth $5,474,000 after buying an additional 439 shares during the last quarter. Finally, Benjamin F. Edwards & Company Inc. lifted its stake in shares of Janus Henderson Group by 10.2% during the 1st quarter. Benjamin F. Edwards & Company Inc. now owns 5,316 shares of the company’s stock worth $175,000 after buying an additional 490 shares during the last quarter. Institutional investors own 87.94% of the company’s stock.

Janus Henderson Group Trading Down 0.4 %

Shares of NYSE:JHG traded down $0.13 during trading on Monday, reaching $36.21. The stock had a trading volume of 534,239 shares, compared to its average volume of 1,073,832. The firm’s fifty day moving average is $34.72 and its 200 day moving average is $32.98. The company has a debt-to-equity ratio of 0.07, a quick ratio of 2.67 and a current ratio of 4.05. Janus Henderson Group plc has a 52 week low of $22.17 and a 52 week high of $39.11. The stock has a market cap of $5.77 billion, a price-to-earnings ratio of 13.71, a P/E/G ratio of 0.70 and a beta of 1.51.

Janus Henderson Group (NYSE:JHG) last released its earnings results on Thursday, August 1st. The company reported $0.85 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.74 by $0.11. Janus Henderson Group had a net margin of 21.02% and a return on equity of 10.76%. The company had revenue of $588.40 million for the quarter, compared to the consensus estimate of $568.79 million. During the same quarter in the previous year, the company earned $0.62 EPS. Janus Henderson Group’s quarterly revenue was up 13.9% compared to the same quarter last year. As a group, equities analysts forecast that Janus Henderson Group plc will post 3.23 EPS for the current fiscal year.

Janus Henderson Group Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, August 28th. Investors of record on Monday, August 12th will be given a dividend of $0.39 per share. The ex-dividend date is Monday, August 12th. This represents a $1.56 dividend on an annualized basis and a dividend yield of 4.31%. Janus Henderson Group’s payout ratio is presently 58.87%.

Analyst Ratings Changes

Several analysts have weighed in on the stock. TD Cowen lifted their price objective on shares of Janus Henderson Group from $37.00 to $38.00 and gave the stock a “buy” rating in a research note on Monday, July 8th. Deutsche Bank Aktiengesellschaft boosted their target price on shares of Janus Henderson Group from $36.00 to $37.00 and gave the company a “hold” rating in a research report on Thursday. StockNews.com cut shares of Janus Henderson Group from a “buy” rating to a “hold” rating in a research report on Friday. UBS Group boosted their target price on shares of Janus Henderson Group from $30.00 to $31.00 and gave the company a “sell” rating in a research report on Wednesday, July 10th. Finally, JPMorgan Chase & Co. boosted their target price on shares of Janus Henderson Group from $38.00 to $39.00 and gave the company a “neutral” rating in a research report on Friday, August 2nd. Two research analysts have rated the stock with a sell rating, five have assigned a hold rating and two have assigned a buy rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus target price of $32.26.

Insiders Place Their Bets

In other Janus Henderson Group news, major shareholder Henderson Group Plc Janus acquired 28,326 shares of the stock in a transaction on Friday, July 5th. The shares were purchased at an average price of $3.43 per share, for a total transaction of $97,158.18. Following the completion of the acquisition, the insider now owns 1,676,903 shares in the company, valued at approximately $5,751,777.29. The acquisition was disclosed in a legal filing with the SEC, which is available at this hyperlink. Over the last 90 days, insiders have acquired 487,179 shares of company stock worth $1,650,371. Insiders own 19.60% of the company’s stock.

Janus Henderson Group 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.