Megan Podzorov Sells 1,650 Shares of Janus Henderson Group (NYSE:JHG) Stock

Janus Henderson Group plc (NYSE:JHG) insider Megan Podzorov sold 1,650 shares of the firm’s stock in a transaction dated Tuesday, March 10th. The stock was sold at an average price of $51.24, for a total value of $84,546.00. Following the completion of the transaction, the insider owned 12,204 shares of the company’s stock, valued at approximately $625,332.96. The trade was a 11.91% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website.

Janus Henderson Group Trading Down 0.4%

NYSE:JHG opened at $50.33 on Friday. 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 company has a market cap of $7.76 billion, a PE ratio of 9.57, a PEG ratio of 1.44 and a beta of 1.53. The firm has a 50-day moving average of $49.05 and a 200-day moving average of $46.01. Janus Henderson Group plc has a one year low of $28.26 and a one year high of $53.76.

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

Institutional Investors Weigh In On Janus Henderson Group

A number of hedge funds have recently bought and sold shares of the company. V Square Quantitative Management LLC bought a new position in shares of Janus Henderson Group during the 4th quarter valued at about $25,000. Bessemer Group Inc. raised its stake in Janus Henderson Group by 134.6% in the 3rd quarter. Bessemer Group Inc. now owns 596 shares of the company’s stock valued at $26,000 after acquiring an additional 342 shares during the period. United Community Bank purchased a new stake in shares of Janus Henderson Group in the third quarter worth $30,000. Empowered Funds LLC purchased a new position in Janus Henderson Group in the 4th quarter valued at $33,000. Finally, Quent Capital LLC acquired a new position in Janus Henderson Group in the third quarter valued at $36,000. 87.94% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of research analysts have issued reports on the company. Bank of America reissued a “neutral” rating and set a $49.00 price objective (down from $54.00) on shares of Janus Henderson Group in a report on Monday, January 5th. Zacks Research upgraded Janus Henderson Group from a “hold” rating to a “strong-buy” rating in a report on Tuesday, February 10th. Morgan Stanley increased their price objective on shares of Janus Henderson Group from $46.00 to $48.00 and gave the company an “equal weight” rating in a report on Wednesday, December 17th. Wall Street Zen upgraded Janus Henderson Group from a “hold” rating to a “buy” rating in a report on Saturday, December 20th. Finally, TD Cowen downgraded Janus Henderson Group from a “buy” rating to a “hold” rating and set a $49.00 price target for the company. in a report on Tuesday, December 23rd. Two research analysts have rated the stock with a Strong Buy rating, two have assigned a Buy rating and six have given a Hold rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $47.38.

About Janus Henderson Group

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.