JPMorgan Chase & Co. Has $22.76 Million Stake in Janus Henderson Group plc $JHG

JPMorgan Chase & Co. reduced its stake in Janus Henderson Group by 19.6% in Q2, owning 0.38% worth $22.76 million. Janus Henderson's stock opened at $44.33, with a market cap of $6.85 billion. The company reported Q3 earnings of $1.09 per share, beating estimates, and announced a $0.40 quarterly dividend. Analysts forecast growth, with positive ratings from BMO Capital Markets and Zacks Research.

JPMorgan Chase & Co. decreased its stake in shares of Janus Henderson Group plc (NYSE:JHG - Free Report) by 19.6% during the 2nd quarter, according to the company in its most recent filing with the SEC. The firm owned 585,960 shares of the company's stock after selling 142,832 shares during the quarter. JPMorgan Chase & Co. owned 0.38% of Janus Henderson Group worth $22,759,000 as of its most recent filing with the SEC.

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A number of other large investors have also made changes to their positions in JHG. Brooklyn Investment Group grew its position in Janus Henderson Group by 182.2% during the first quarter. Brooklyn Investment Group now owns 920 shares of the company's stock worth $33,000 after buying an additional 594 shares in the last quarter. Traub Capital Management LLC bought a new stake in shares of Janus Henderson Group in the 2nd quarter worth approximately $37,000. Fifth Third Bancorp grew its holdings in shares of Janus Henderson Group by 40.2% during the 2nd quarter. Fifth Third Bancorp now owns 2,167 shares of the company's stock worth $84,000 after purchasing an additional 621 shares in the last quarter. UMB Bank n.a. increased its position in shares of Janus Henderson Group by 86.3% during the second quarter. UMB Bank n.a. now owns 2,183 shares of the company's stock valued at $85,000 after purchasing an additional 1,011 shares during the period. Finally, Allworth Financial LP increased its position in shares of Janus Henderson Group by 52.8% during the second quarter. Allworth Financial LP now owns 2,234 shares of the company's stock valued at $87,000 after purchasing an additional 772 shares during the period. Institutional investors and hedge funds own 87.94% of the company's stock.

Janus Henderson Group Trading Up 0.7%

Shares of JHG stock opened at $44.33 on Friday. The company has a market capitalization of $6.85 billion, a P/E ratio of 13.00, a P/E/G ratio of 0.82 and a beta of 1.57. Janus Henderson Group plc has a 12-month low of $28.26 and a 12-month high of $49.42. The company has a quick ratio of 2.15, a current ratio of 4.02 and a debt-to-equity ratio of 0.08. The firm has a 50-day moving average price of $43.54 and a 200 day moving average price of $41.93.

Janus Henderson Group (NYSE:JHG - Get Free Report) last posted its quarterly earnings data on Thursday, October 30th. The company reported $1.09 earnings per share for the quarter, topping the consensus estimate of $1.01 by $0.08. Janus Henderson Group had a net margin of 19.82% and a return on equity of 12.35%. The company had revenue of $700.40 million during the quarter, compared to analyst estimates of $695.57 million. During the same quarter last year, the business posted $0.91 earnings per share. The company's revenue was up 12.1% on a year-over-year basis. Research analysts forecast that Janus Henderson Group plc will post 3.75 earnings per share for the current fiscal year.

Janus Henderson Group Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, November 26th. Shareholders of record on Monday, November 10th were given a $0.40 dividend. The ex-dividend date was Monday, November 10th. This represents a $1.60 annualized dividend and a yield of 3.6%. Janus Henderson Group's payout ratio is presently 46.92%.

Insider Buying and Selling

In other Janus Henderson Group news, CFO Roger Mj Thompson sold 27,491 shares of the business's stock in a transaction on Thursday, September 11th. The stock was sold at an average price of $45.26, for a total value of $1,244,242.66. Following the transaction, the chief financial officer owned 113,097 shares of the company's stock, valued at approximately $5,118,770.22. The trade was a 19.55% 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. Corporate insiders own 19.60% of the company's stock.

Wall Street Analysts Forecast Growth

JHG has been the topic of a number of recent research reports. BMO Capital Markets initiated coverage on shares of Janus Henderson Group in a research note on Friday, October 3rd. They set an "outperform" rating and a $52.00 price target on the stock. Weiss Ratings reaffirmed a "buy (b-)" rating on shares of Janus Henderson Group in a report on Monday. Zacks Research raised shares of Janus Henderson Group from a "hold" rating to a "strong-buy" rating in a research note on Monday, October 13th. Morgan Stanley reissued a "positive" rating on shares of Janus Henderson Group in a research report on Monday, October 6th. Finally, Bank of America lifted their price objective on Janus Henderson Group from $49.00 to $50.00 and gave the company a "buy" rating in a report on Thursday, October 2nd. Two research analysts have rated the stock with a Strong Buy rating, eight have issued a Buy rating and two have issued a Hold rating to the company's stock. Based on data from MarketBeat.com, Janus Henderson Group currently has an average rating of "Buy" and a consensus price target of $48.11.

Check Out Our Latest Stock Report on Janus Henderson Group

Janus Henderson Group Company Profile

(Free Report)

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.

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