Janus Henderson Group PLC (NYSE:JHG) Shares Sold by Rhenman & Partners Asset Management AB

Rhenman & Partners Asset Management AB trimmed its holdings in Janus Henderson Group PLC (NYSE:JHG) by 10.0% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 10,645 shares of the company’s stock after selling 1,183 shares during the period. Rhenman & Partners Asset Management AB’s holdings in Janus Henderson Group were worth $228,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also modified their holdings of the company. Valeo Financial Advisors LLC acquired a new stake in shares of Janus Henderson Group during the 1st quarter worth about $34,000. Paragon Capital Management LLC acquired a new stake in shares of Janus Henderson Group during the 1st quarter worth about $74,000. Greenleaf Trust acquired a new stake in shares of Janus Henderson Group during the 1st quarter worth about $204,000. Commerce Bank acquired a new stake in shares of Janus Henderson Group during the 1st quarter worth about $212,000. Finally, Allstate Corp acquired a new stake in shares of Janus Henderson Group during the 1st quarter worth about $217,000. 62.73% of the stock is currently owned by hedge funds and other institutional investors.

NYSE JHG traded up $0.17 during mid-day trading on Friday, hitting $19.37. The company’s stock had a trading volume of 30,711 shares, compared to its average volume of 1,020,340. Janus Henderson Group PLC has a 52-week low of $19.00 and a 52-week high of $30.03. The company has a fifty day moving average price of $21.97. The company has a quick ratio of 1.94, a current ratio of 2.74 and a debt-to-equity ratio of 0.07. The stock has a market cap of $4.33 billion, a price-to-earnings ratio of 7.06, a P/E/G ratio of 1.20 and a beta of 1.24.

Janus Henderson Group (NYSE:JHG) last posted its quarterly earnings results on Wednesday, July 31st. The company reported $0.61 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.66 by ($0.05). Janus Henderson Group had a net margin of 20.23% and a return on equity of 10.47%. The business had revenue of $525.90 million during the quarter, compared to analysts’ expectations of $539.37 million. During the same quarter in the previous year, the business posted $0.74 EPS. The company’s quarterly revenue was down 11.2% on a year-over-year basis. As a group, research analysts anticipate that Janus Henderson Group PLC will post 2.52 earnings per share for the current year.

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, August 28th. Investors of record on Monday, August 12th will be issued a $0.36 dividend. The ex-dividend date of this dividend is Friday, August 9th. This represents a $1.44 annualized dividend and a yield of 7.43%. Janus Henderson Group’s payout ratio is 52.55%.

Several research analysts have recently weighed in on the stock. Bank of America set a $24.00 price objective on shares of Janus Henderson Group and gave the stock a “sell” rating in a report on Tuesday, April 9th. JPMorgan Chase & Co. lowered shares of Janus Henderson Group from an “overweight” rating to a “neutral” rating in a report on Thursday, April 11th. ValuEngine lowered shares of Janus Henderson Group from a “sell” rating to a “strong sell” rating in a report on Tuesday, April 9th. Zacks Investment Research lowered shares of Janus Henderson Group from a “buy” rating to a “hold” rating in a report on Thursday, July 25th. Finally, Jefferies Financial Group lowered shares of Janus Henderson Group from a “buy” rating to a “hold” rating and cut their price objective for the stock from $36.56 to $35.11 in a report on Monday, July 22nd. Four investment analysts have rated the stock with a sell rating and six have given a hold rating to the company’s stock. Janus Henderson Group has an average rating of “Hold” and an average target price of $26.85.

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.

See Also: Book Value Per Share – BVPS

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

Receive News & Ratings for Janus Henderson Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Janus Henderson Group and related companies with MarketBeat.com's FREE daily email newsletter.