Transamerica Financial Advisors Inc. Takes Position in Janus Henderson Group plc (NYSE:JHG)

Transamerica Financial Advisors Inc. acquired a new stake in Janus Henderson Group plc (NYSE:JHG) in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm acquired 3,804 shares of the company’s stock, valued at approximately $145,000.

Several other institutional investors have also modified their holdings of the stock. Dimensional Fund Advisors LP raised its holdings in shares of Janus Henderson Group by 4.4% in the second quarter. Dimensional Fund Advisors LP now owns 8,090,743 shares of the company’s stock worth $272,741,000 after buying an additional 344,582 shares during the period. Millennium Management LLC raised its holdings in shares of Janus Henderson Group by 43.5% in the second quarter. Millennium Management LLC now owns 5,968,705 shares of the company’s stock worth $201,205,000 after buying an additional 1,809,249 shares during the period. Charles Schwab Investment Management Inc. raised its holdings in shares of Janus Henderson Group by 0.8% in the third quarter. Charles Schwab Investment Management Inc. now owns 4,446,079 shares of the company’s stock worth $169,262,000 after buying an additional 36,711 shares during the period. Ariel Investments LLC raised its holdings in shares of Janus Henderson Group by 0.7% in the second quarter. Ariel Investments LLC now owns 2,256,434 shares of the company’s stock worth $76,064,000 after buying an additional 16,653 shares during the period. Finally, Principal Financial Group Inc. raised its holdings in shares of Janus Henderson Group by 28.9% in the third quarter. Principal Financial Group Inc. now owns 2,081,630 shares of the company’s stock worth $79,248,000 after buying an additional 467,049 shares during the period. 87.94% of the stock is owned by institutional investors.

Janus Henderson Group Stock Down 0.1 %

Shares of JHG stock opened at $45.27 on Thursday. Janus Henderson Group plc has a 1-year low of $25.39 and a 1-year high of $45.74. The stock’s fifty day moving average price is $41.18 and its 200 day moving average price is $37.15. The company has a debt-to-equity ratio of 0.09, a current ratio of 3.08 and a quick ratio of 2.08. The company has a market cap of $7.20 billion, a price-to-earnings ratio of 17.89, a price-to-earnings-growth ratio of 0.59 and a beta of 1.49.

Janus Henderson Group (NYSE:JHG) last announced its earnings results on Thursday, October 31st. The company reported $0.91 earnings per share for the quarter, topping 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 firm had revenue of $624.80 million for the quarter, compared to the consensus estimate of $600.88 million. During the same period in the previous year, the business earned $0.64 EPS. The firm’s revenue for the quarter was up 19.9% on a year-over-year basis. On average, research analysts expect that Janus Henderson Group plc will post 3.43 earnings per share for the current fiscal year.

Janus Henderson Group Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Wednesday, November 27th. Investors of record on Wednesday, November 27th were paid a dividend of $0.39 per share. The ex-dividend date was Wednesday, November 27th. This represents a $1.56 annualized dividend and a yield of 3.45%. Janus Henderson Group’s dividend payout ratio (DPR) is 61.66%.

Wall Street Analysts Forecast Growth

Several brokerages have recently weighed in on JHG. JPMorgan Chase & Co. increased their price target on Janus Henderson Group from $38.00 to $39.00 and gave the stock a “neutral” rating in a report on Friday, August 2nd. The Goldman Sachs Group raised their price objective on Janus Henderson Group from $36.00 to $37.00 and gave the stock a “sell” rating in a report on Thursday, October 3rd. UBS Group raised their price objective on Janus Henderson Group from $37.00 to $41.00 and gave the stock a “neutral” rating in a report on Tuesday, October 22nd. TD Cowen raised their price objective 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, Morgan Stanley raised their price objective 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. One analyst has rated the stock with a sell rating, seven have assigned a hold rating and one has issued a buy rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Hold” and an average price target of $41.75.

Insider Buying and Selling

In related news, 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 transaction of $318,420.00. Following the transaction, the chief financial officer now directly owns 139,171 shares in the company, valued at $4,923,869.98. The trade was a 6.07 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. 20.00% of the stock is owned by company insiders.

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.