Comerica Bank Has $2.88 Million Position in Janus Henderson Group PLC (JHG)

Comerica Bank lessened its stake in shares of Janus Henderson Group PLC (NYSE:JHG) by 4.3% in the 1st quarter, HoldingsChannel.com reports. The institutional investor owned 118,070 shares of the company’s stock after selling 5,305 shares during the period. Comerica Bank’s holdings in Janus Henderson Group were worth $2,880,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of the stock. Bank of Montreal Can lifted its position in shares of Janus Henderson Group by 6.6% during the 4th quarter. Bank of Montreal Can now owns 7,851 shares of the company’s stock worth $163,000 after buying an additional 483 shares during the period. Investors Research Corp lifted its position in shares of Janus Henderson Group by 1.5% during the 1st quarter. Investors Research Corp now owns 45,262 shares of the company’s stock worth $1,131,000 after buying an additional 650 shares during the period. JOYN Advisors Inc. lifted its position in shares of Janus Henderson Group by 1,046.4% during the 4th quarter. JOYN Advisors Inc. now owns 1,261 shares of the company’s stock worth $26,000 after buying an additional 1,151 shares during the period. Valeo Financial Advisors LLC bought a new position in shares of Janus Henderson Group during the 1st quarter worth approximately $34,000. Finally, Crossmark Global Holdings Inc. lifted its position in shares of Janus Henderson Group by 7.3% during the 4th quarter. Crossmark Global Holdings Inc. now owns 20,594 shares of the company’s stock worth $427,000 after buying an additional 1,400 shares during the period. Institutional investors and hedge funds own 60.91% of the company’s stock.

Shares of JHG opened at $21.61 on Wednesday. The company has a quick ratio of 1.94, a current ratio of 2.74 and a debt-to-equity ratio of 0.07. Janus Henderson Group PLC has a 52-week low of $19.00 and a 52-week high of $33.04. The firm has a market capitalization of $4.15 billion, a price-to-earnings ratio of 7.89, a price-to-earnings-growth ratio of 1.11 and a beta of 1.16.

Janus Henderson Group (NYSE:JHG) last issued its quarterly earnings data on Thursday, May 2nd. The company reported $0.56 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.59 by ($0.03). Janus Henderson Group had a net margin of 20.23% and a return on equity of 10.47%. The business had revenue of $519.30 million during the quarter, compared to the consensus estimate of $524.37 million. During the same quarter in the previous year, the firm posted $0.71 EPS. The company’s revenue for the quarter was down 11.6% compared to the same quarter last year. On average, equities research analysts forecast that Janus Henderson Group PLC will post 2.47 earnings per share for the current year.

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, May 29th. Shareholders of record on Monday, May 13th will be given a $0.36 dividend. The ex-dividend date is Friday, May 10th. This represents a $1.44 annualized dividend and a yield of 6.66%. Janus Henderson Group’s payout ratio is 52.55%.

Several research firms recently commented on JHG. TheStreet upgraded Janus Henderson Group from a “d+” rating to a “c-” rating in a research report on Thursday, April 18th. ValuEngine upgraded Janus Henderson Group from a “strong sell” rating to a “sell” rating in a research report on Tuesday, March 19th. Zacks Investment Research upgraded Janus Henderson Group from a “sell” rating to a “hold” rating in a research report on Wednesday, March 13th. JPMorgan Chase & Co. upgraded Janus Henderson Group from a “neutral” rating to an “overweight” rating and set a $24.41 price objective for the company in a research report on Tuesday, March 12th. Finally, Bank of America set a $24.00 price objective on Janus Henderson Group and gave the company a “sell” rating in a research report on Tuesday, April 9th. Four analysts have rated the stock with a sell rating and six have given a hold rating to the stock. Janus Henderson Group presently has an average rating of “Hold” and an average price target of $28.13.

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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.

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Want to see what other hedge funds are holding JHG? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Janus Henderson Group PLC (NYSE:JHG).

Institutional Ownership by Quarter for Janus Henderson Group (NYSE:JHG)

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