Grantham Mayo Van Otterloo & Co. LLC Trims Stock Holdings in Janus Henderson Group plc $JHG

Grantham Mayo Van Otterloo & Co. LLC reduced its holdings in shares of Janus Henderson Group plc (NYSE:JHG) by 27.3% in the third quarter, Holdings Channel.com reports. The fund owned 85,107 shares of the company’s stock after selling 31,880 shares during the quarter. Grantham Mayo Van Otterloo & Co. LLC’s holdings in Janus Henderson Group were worth $3,788,000 at the end of the most recent quarter.

Other large investors also recently bought and sold shares of the company. Royal Bank of Canada grew its position in Janus Henderson Group by 38.3% in the 1st quarter. Royal Bank of Canada now owns 115,135 shares of the company’s stock valued at $4,163,000 after acquiring an additional 31,889 shares during the last quarter. Amundi lifted its position in shares of Janus Henderson Group by 13.8% during the first quarter. Amundi now owns 4,177 shares of the company’s stock worth $150,000 after purchasing an additional 506 shares during the last quarter. Jones Financial Companies Lllp lifted its position in shares of Janus Henderson Group by 1,538.8% during the first quarter. Jones Financial Companies Lllp now owns 8,833 shares of the company’s stock worth $319,000 after purchasing an additional 8,294 shares during the last quarter. Goldman Sachs Group Inc. boosted its stake in shares of Janus Henderson Group by 16.7% during the first quarter. Goldman Sachs Group Inc. now owns 1,299,921 shares of the company’s stock valued at $46,992,000 after purchasing an additional 186,218 shares during the period. Finally, Jane Street Group LLC grew its holdings in shares of Janus Henderson Group by 1,924.0% in the first quarter. Jane Street Group LLC now owns 279,352 shares of the company’s stock worth $10,099,000 after purchasing an additional 265,550 shares during the last quarter. Hedge funds and other institutional investors own 87.94% of the company’s stock.

Janus Henderson Group Stock Performance

JHG stock opened at $51.21 on Tuesday. The company has a debt-to-equity ratio of 0.07, a current ratio of 4.18 and a quick ratio of 2.50. The business has a 50-day moving average price of $48.87 and a 200 day moving average price of $45.90. The company has a market capitalization of $7.89 billion, a P/E ratio of 9.73, a PEG ratio of 1.47 and a beta of 1.53. Janus Henderson Group plc has a 1-year low of $28.26 and a 1-year high of $53.76.

Janus Henderson Group (NYSE:JHG) last issued its earnings results on Friday, January 30th. The company reported $2.01 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.19 by $0.82. The company had revenue of $996.60 million for the quarter, compared to analysts’ expectations of $763.09 million. Janus Henderson Group had a net margin of 25.83% and a return on equity of 14.70%. The firm’s quarterly revenue was up 61.3% on a year-over-year basis. During the same period in the prior year, the business earned $1.07 EPS. As a group, equities research analysts forecast that Janus Henderson Group plc will post 3.75 EPS for the current fiscal year.

Analysts Set New Price Targets

JHG has been the topic of several recent analyst reports. Zacks Research raised shares of Janus Henderson Group from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, February 10th. Weiss Ratings restated a “buy (b)” rating on shares of Janus Henderson Group in a research note on Monday, December 29th. TD Cowen lowered shares of Janus Henderson Group from a “buy” rating to a “hold” rating and set a $49.00 target price on the stock. in a research report on Tuesday, December 23rd. Bank of America reaffirmed a “neutral” rating and set a $49.00 price target (down from $54.00) on shares of Janus Henderson Group in a research note on Monday, January 5th. Finally, Wall Street Zen upgraded Janus Henderson Group from a “hold” rating to a “buy” rating in a report on Saturday, December 20th. Two investment analysts have rated the stock with a Strong Buy rating, two have given a Buy rating and six have issued a Hold rating to the company. Based on data from MarketBeat, Janus Henderson Group has a consensus rating of “Moderate Buy” and an average price target of $47.38.

Insider Activity at Janus Henderson Group

In other news, CTO William B. Cassidy sold 16,947 shares of the company’s stock in a transaction that occurred on Friday, February 27th. The shares were sold at an average price of $52.27, for a total value of $885,819.69. Following the completion of the sale, the chief technology officer owned 118,939 shares of the company’s stock, valued at approximately $6,216,941.53. This represents a 12.47% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CEO Ali Dibadj sold 127,632 shares of the stock in a transaction that occurred on Tuesday, February 17th. The shares were sold at an average price of $49.12, for a total transaction of $6,269,283.84. Following the transaction, the chief executive officer owned 449,078 shares in the company, valued at approximately $22,058,711.36. This represents a 22.13% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. 20.40% of the stock is currently owned by corporate insiders.

Janus Henderson Group Profile

Janus Henderson Group plc is a global asset manager offering a broad range of investment solutions across equities, fixed income, multi-asset and alternative strategies. The firm provides portfolio management services to institutional clients, financial intermediaries and individual investors. Its product lineup includes actively managed mutual funds, separate accounts and exchange-traded funds, designed to meet a variety of risk-return objectives and investment horizons.

The company was formed in May 2017 through the merger of Janus Capital Group and Henderson Group, combining decades of investment expertise in both the U.S.