Foster & Motley Inc. acquired a new stake in Janus Henderson Group plc (NYSE:JHG – Free Report) during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 8,029 shares of the company’s stock, valued at approximately $306,000.
Other institutional investors have also recently made changes to their positions in the company. Versant Capital Management Inc acquired a new stake in shares of Janus Henderson Group in the second quarter worth approximately $34,000. Larson Financial Group LLC boosted its stake in shares of Janus Henderson Group by 401.6% in the second quarter. Larson Financial Group LLC now owns 1,249 shares of the company’s stock worth $42,000 after acquiring an additional 1,000 shares during the last quarter. Farther Finance Advisors LLC boosted its stake in shares of Janus Henderson Group by 70.6% in the third quarter. Farther Finance Advisors LLC now owns 1,390 shares of the company’s stock worth $53,000 after acquiring an additional 575 shares during the last quarter. Abich Financial Wealth Management LLC boosted its stake in shares of Janus Henderson Group by 41.9% in the first quarter. Abich Financial Wealth Management LLC now owns 1,420 shares of the company’s stock worth $47,000 after acquiring an additional 419 shares during the last quarter. Finally, Blue Trust Inc. boosted its stake in shares of Janus Henderson Group by 24.6% in the third quarter. Blue Trust Inc. now owns 2,236 shares of the company’s stock worth $85,000 after acquiring an additional 442 shares during the last quarter. 87.94% of the stock is owned by institutional investors and hedge funds.
Wall Street Analyst Weigh In
A number of analysts have recently issued reports on JHG shares. UBS Group lifted their price target on Janus Henderson Group from $37.00 to $41.00 and gave the stock a “neutral” rating in a research note on Tuesday, October 22nd. StockNews.com downgraded Janus Henderson Group from a “buy” rating to a “hold” rating in a research report on Friday, August 16th. TD Cowen lifted their price objective on Janus Henderson Group from $46.00 to $50.00 and gave the stock a “buy” rating in a research report on Friday, November 1st. Deutsche Bank Aktiengesellschaft lifted their price objective on Janus Henderson Group from $40.00 to $42.00 and gave the stock a “hold” rating in a research report on Friday, November 1st. Finally, Evercore ISI lifted their price objective on Janus Henderson Group from $40.00 to $43.00 and gave the stock an “in-line” rating in a research report on Thursday. One research analyst has rated the stock with a sell rating, seven have issued a hold rating and one has assigned a buy rating to the company. According to data from MarketBeat, the stock has an average rating of “Hold” and an average price target of $41.50.
Insider Buying and Selling
In related news, CAO Michelle Rosenberg sold 7,651 shares of the business’s stock in a transaction on Monday, August 19th. The stock was sold at an average price of $36.51, for a total transaction of $279,338.01. Following the completion of the transaction, the chief accounting officer now directly owns 89,048 shares of the company’s stock, valued at $3,251,142.48. The trade was a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. In related news, CAO Michelle Rosenberg sold 7,651 shares of the business’s stock in a transaction on Monday, August 19th. The stock was sold at an average price of $36.51, for a total transaction of $279,338.01. Following the completion of the transaction, the chief accounting officer now directly owns 89,048 shares of the company’s stock, valued at $3,251,142.48. The trade was a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CFO Roger Mj Thompson sold 9,000 shares of the business’s stock in a transaction on Tuesday, September 10th. The stock was sold at an average price of $35.38, for a total value of $318,420.00. Following the transaction, the chief financial officer now directly owns 139,171 shares of the company’s stock, valued at $4,923,869.98. The trade was a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 25,651 shares of company stock valued at $918,158 in the last three months. 20.00% of the stock is owned by corporate insiders.
Janus Henderson Group Price Performance
JHG stock opened at $44.21 on Friday. The company has a current ratio of 3.08, a quick ratio of 2.08 and a debt-to-equity ratio of 0.09. The company has a market capitalization of $7.03 billion, a PE ratio of 17.47, a P/E/G ratio of 0.56 and a beta of 1.49. Janus Henderson Group plc has a 12-month low of $24.04 and a 12-month high of $44.85. The business’s fifty day moving average price is $38.74 and its 200 day moving average price is $35.82.
Janus Henderson Group (NYSE:JHG – Get Free Report) last posted its quarterly earnings data on Thursday, October 31st. The company reported $0.91 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.80 by $0.11. The firm had revenue of $624.80 million for the quarter, compared to the consensus estimate of $600.88 million. Janus Henderson Group had a return on equity of 11.49% and a net margin of 17.33%. The company’s quarterly revenue was up 19.9% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.64 EPS. On average, sell-side analysts anticipate that Janus Henderson Group plc will post 3.33 EPS for the current year.
Janus Henderson Group Announces Dividend
The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, November 27th. Investors of record on Wednesday, November 27th will be issued a $0.39 dividend. The ex-dividend date of this dividend is Wednesday, November 27th. This represents a $1.56 annualized dividend and a dividend yield of 3.53%. Janus Henderson Group’s dividend payout ratio is presently 61.66%.
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.
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