Insider Buying: Janus Henderson Group plc (NYSE:JHG) Major Shareholder Buys $164,322.32 in Stock

Janus Henderson Group plc (NYSE:JHG) major shareholder Henderson Group Plc Janus purchased 47,492 shares of the firm’s stock in a transaction that occurred on Monday, July 8th. The shares were acquired at an average price of $3.46 per share, for a total transaction of $164,322.32. Following the completion of the transaction, the insider now owns 1,724,395 shares in the company, valued at $5,966,406.70. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Major shareholders that own 10% or more of a company’s stock are required to disclose their transactions with the SEC.

Henderson Group Plc Janus also recently made the following trade(s):

• On Wednesday, July 10th, Henderson Group Plc Janus purchased 55,463 shares of Janus Henderson Group stock. The shares were acquired at an average price of $3.46 per share, for a total transaction of $191,901.98.
• On Friday, July 5th, Henderson Group Plc Janus purchased 28,326 shares of Janus Henderson Group stock. The shares were acquired at an average price of $3.43 per share, for a total transaction of $97,158.18.
• On Wednesday, July 3rd, Henderson Group Plc Janus acquired 166,042 shares of Janus Henderson Group stock. The stock was purchased at an average price of $3.55 per share, for a total transaction of $589,449.10.

Janus Henderson Group Stock Performance

JHG stock opened at $35.20 on Monday. The business’s fifty day moving average is $33.68 and its 200-day moving average is $31.87. The company has a quick ratio of 2.64, a current ratio of 3.92 and a debt-to-equity ratio of 0.07. The company has a market cap of $5.65 billion, a P/E ratio of 13.28, a price-to-earnings-growth ratio of 0.83 and a beta of 1.51. Janus Henderson Group plc has a twelve month low of $22.17 and a twelve month high of $35.65.

Janus Henderson Group (NYSE:JHG) last issued its quarterly earnings data on Thursday, May 2nd. The company reported $0.71 EPS for the quarter, topping the consensus estimate of $0.63 by $0.08. The business had revenue of $551.70 million for the quarter, compared to the consensus estimate of $547.20 million. Janus Henderson Group had a return on equity of 10.02% and a net margin of 19.89%. The firm’s revenue was up 11.3% compared to the same quarter last year. During the same quarter last year, the business posted $0.55 EPS. Equities research analysts forecast that Janus Henderson Group plc will post 3.04 EPS for the current year.

Janus Henderson Group Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, May 29th. Investors of record on Monday, May 13th were paid a dividend of $0.39 per share. This represents a $1.56 annualized dividend and a yield of 4.43%. The ex-dividend date was Friday, May 10th. Janus Henderson Group’s payout ratio is presently 58.87%.

Institutional Trading of Janus Henderson Group

Several hedge funds have recently added to or reduced their stakes in JHG. Neo Ivy Capital Management acquired a new stake in Janus Henderson Group during the 3rd quarter worth $39,000. Teachers Retirement System of The State of Kentucky raised its stake in shares of Janus Henderson Group by 93.3% in the 3rd quarter. Teachers Retirement System of The State of Kentucky now owns 45,346 shares of the company’s stock valued at $1,171,000 after purchasing an additional 21,886 shares during the period. Vanguard Group Inc. raised its stake in shares of Janus Henderson Group by 0.6% in the 3rd quarter. Vanguard Group Inc. now owns 13,540,493 shares of the company’s stock valued at $349,616,000 after purchasing an additional 84,307 shares during the period. Arden Trust Co acquired a new stake in shares of Janus Henderson Group in the 4th quarter valued at about $307,000. Finally, 1834 Investment Advisors Co. raised its stake in shares of Janus Henderson Group by 24.8% in the 4th quarter. 1834 Investment Advisors Co. now owns 24,907 shares of the company’s stock valued at $751,000 after purchasing an additional 4,951 shares during the period. Institutional investors and hedge funds own 87.94% of the company’s stock.

Analysts Set New Price Targets

A number of research analysts have commented on the company. JPMorgan Chase & Co. increased their price objective on Janus Henderson Group from $35.00 to $36.00 and gave the company a “neutral” rating in a research report on Friday, May 3rd. Morgan Stanley increased their price objective on Janus Henderson Group from $30.00 to $33.00 and gave the company an “equal weight” rating in a research report on Wednesday, April 17th. StockNews.com lowered Janus Henderson Group from a “buy” rating to a “hold” rating in a research report on Friday, May 3rd. UBS Group increased their price objective on Janus Henderson Group from $30.00 to $31.00 and gave the company a “sell” rating in a research report on Wednesday, July 10th. Finally, The Goldman Sachs Group increased their price objective on Janus Henderson Group from $29.00 to $32.00 and gave the company a “sell” rating in a research report on Tuesday, April 2nd. Two research analysts have rated the stock with a sell rating, five have issued a hold rating and two have issued a buy rating to the stock. According to MarketBeat, Janus Henderson Group currently has an average rating of “Hold” and an average price target of $30.59.

About Janus Henderson Group

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.