Crossmark Global Holdings Inc. Sells 822 Shares of Janus Henderson Group plc (NYSE:JHG)

Crossmark Global Holdings Inc. lessened its stake in Janus Henderson Group plc (NYSE:JHG) by 0.9% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 87,103 shares of the company’s stock after selling 822 shares during the period. Crossmark Global Holdings Inc. owned about 0.05% of Janus Henderson Group worth $3,316,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Versant Capital Management Inc bought a new position in Janus Henderson Group during the 2nd quarter valued at approximately $34,000. Larson Financial Group LLC raised its position in Janus Henderson Group by 401.6% during the 2nd quarter. Larson Financial Group LLC now owns 1,249 shares of the company’s stock valued at $42,000 after purchasing an additional 1,000 shares during the last quarter. Farther Finance Advisors LLC raised its position in Janus Henderson Group by 70.6% during the 3rd quarter. Farther Finance Advisors LLC now owns 1,390 shares of the company’s stock valued at $53,000 after purchasing an additional 575 shares during the last quarter. Abich Financial Wealth Management LLC raised its position in Janus Henderson Group by 41.9% during the 1st quarter. Abich Financial Wealth Management LLC now owns 1,420 shares of the company’s stock valued at $47,000 after purchasing an additional 419 shares during the last quarter. Finally, Blue Trust Inc. raised its position in Janus Henderson Group by 24.6% during the 3rd quarter. Blue Trust Inc. now owns 2,236 shares of the company’s stock valued at $85,000 after purchasing an additional 442 shares during the last quarter. Institutional investors own 87.94% of the company’s stock.

Wall Street Analyst Weigh In

A number of research analysts have commented on JHG shares. StockNews.com lowered Janus Henderson Group from a “buy” rating to a “hold” rating in a research report on Friday, August 16th. The Goldman Sachs Group upped their target price on Janus Henderson Group from $36.00 to $37.00 and gave the stock a “sell” rating in a report on Thursday, October 3rd. Morgan Stanley upped their target price on Janus Henderson Group from $39.00 to $42.00 and gave the stock an “equal weight” rating in a report on Friday, October 18th. TD Cowen upped their target price on Janus Henderson Group from $46.00 to $50.00 and gave the stock a “buy” rating in a report on Friday, November 1st. Finally, Deutsche Bank Aktiengesellschaft upped their target price on Janus Henderson Group from $42.00 to $44.00 and gave the stock a “hold” rating in a report on Monday. One research analyst has rated the stock with a sell rating, seven have issued a hold rating and one has issued a buy rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus price target of $41.75.

Insider Activity

In other news, CFO Roger Mj Thompson sold 9,000 shares of the stock in a transaction on Thursday, September 12th. The stock was sold at an average price of $35.60, for a total transaction of $320,400.00. Following the transaction, the chief financial officer now directly owns 130,171 shares of the company’s stock, valued at $4,634,087.60. This represents a 0.00 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. In related news, CFO Roger Mj Thompson sold 9,000 shares of the firm’s stock in a transaction on Thursday, September 12th. The stock was sold at an average price of $35.60, for a total value of $320,400.00. Following the transaction, the chief financial officer now directly owns 130,171 shares of the company’s stock, valued at approximately $4,634,087.60. This trade represents a 0.00 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CAO Michelle Rosenberg sold 7,651 shares of the business’s stock in a transaction dated Monday, August 19th. The shares were sold at an average price of $36.51, for a total value of $279,338.01. Following the sale, the chief accounting officer now directly owns 89,048 shares of the company’s stock, valued at $3,251,142.48. This represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 25,651 shares of company stock valued at $918,158 in the last ninety days. 19.60% of the stock is currently owned by company insiders.

Janus Henderson Group Stock Performance

Janus Henderson Group stock opened at $45.27 on Tuesday. The stock’s 50 day moving average is $39.02 and its 200 day moving average is $36.03. The company has a quick ratio of 2.08, a current ratio of 3.08 and a debt-to-equity ratio of 0.09. Janus Henderson Group plc has a twelve month low of $24.04 and a twelve month high of $45.33. The company has a market capitalization of $7.20 billion, a P/E ratio of 17.89, a PEG ratio of 0.59 and a beta of 1.49.

Janus Henderson Group (NYSE:JHG) last issued its earnings results on Thursday, October 31st. The company reported $0.91 EPS for the quarter, beating the consensus estimate of $0.80 by $0.11. Janus Henderson Group had a return on equity of 11.49% and a net margin of 17.33%. The business had revenue of $624.80 million for the quarter, compared to the consensus estimate of $600.88 million. During the same period last year, the business posted $0.64 EPS. The company’s revenue was up 19.9% compared to the same quarter last year. On average, equities research analysts predict that Janus Henderson Group plc will post 3.4 earnings per share for the current fiscal year.

Janus Henderson Group Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, November 27th. Stockholders of record on Wednesday, November 27th will be issued a dividend of $0.39 per share. The ex-dividend date of this dividend is Wednesday, November 27th. This represents a $1.56 annualized dividend and a dividend yield of 3.45%. Janus Henderson Group’s payout ratio is 61.66%.

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.