Invst LLC Purchases New Stake in Janus Henderson Group plc (NYSE:JHG)

Invst LLC purchased a new stake in Janus Henderson Group plc (NYSE:JHG) during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 22,350 shares of the company’s stock, valued at approximately $723,000.

Several other institutional investors have also recently added to or reduced their stakes in the stock. Greenwood Capital Associates LLC increased its stake in Janus Henderson Group by 0.8% during the fourth quarter. Greenwood Capital Associates LLC now owns 45,635 shares of the company’s stock valued at $1,376,000 after purchasing an additional 350 shares during the last quarter. EverSource Wealth Advisors LLC increased its stake in Janus Henderson Group by 39.7% during the fourth quarter. EverSource Wealth Advisors LLC now owns 1,299 shares of the company’s stock valued at $39,000 after purchasing an additional 369 shares during the last quarter. Retirement Systems of Alabama grew its position in shares of Janus Henderson Group by 0.3% during the first quarter. Retirement Systems of Alabama now owns 166,421 shares of the company’s stock worth $5,474,000 after acquiring an additional 439 shares during the last quarter. Benjamin F. Edwards & Company Inc. grew its position in shares of Janus Henderson Group by 10.2% during the first quarter. Benjamin F. Edwards & Company Inc. now owns 5,316 shares of the company’s stock worth $175,000 after acquiring an additional 490 shares during the last quarter. Finally, Hexagon Capital Partners LLC grew its position in shares of Janus Henderson Group by 72.6% during the fourth quarter. Hexagon Capital Partners LLC now owns 1,210 shares of the company’s stock worth $36,000 after acquiring an additional 509 shares during the last quarter. 87.94% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

JHG has been the subject of several recent research reports. StockNews.com lowered shares of Janus Henderson Group from a “buy” rating to a “hold” rating in a research report on Friday, May 3rd. UBS Group upped their price objective on shares of Janus Henderson Group from $30.00 to $31.00 and gave the stock a “sell” rating in a report on Wednesday, July 10th. Morgan Stanley upped their price objective on shares of Janus Henderson Group from $30.00 to $33.00 and gave the stock an “equal weight” rating in a report on Wednesday, April 17th. JPMorgan Chase & Co. upped their price objective on shares of Janus Henderson Group from $38.00 to $39.00 and gave the stock a “neutral” rating in a report on Friday. Finally, TD Cowen upped their price objective on shares of Janus Henderson Group from $37.00 to $38.00 and gave the stock a “buy” rating in a report on Monday, July 8th. Two equities research analysts have rated the stock with a sell rating, five have given a hold rating and two have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average target price of $30.92.

Insider Buying and Selling at Janus Henderson Group

In other Janus Henderson Group news, major shareholder Henderson Group Plc Janus acquired 166,042 shares of Janus Henderson Group stock in a transaction dated Wednesday, July 3rd. The stock was bought at an average cost of $3.55 per share, with a total value of $589,449.10. Following the completion of the transaction, the insider now owns 1,648,577 shares of the company’s stock, valued at $5,852,448.35. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Insiders have purchased a total of 487,179 shares of company stock worth $1,650,371 over the last 90 days. Insiders own 19.60% of the company’s stock.

Janus Henderson Group Stock Down 4.5 %

NYSE:JHG traded down $1.71 during mid-day trading on Friday, reaching $35.89. The stock had a trading volume of 2,136,662 shares, compared to its average volume of 1,054,302. The business’s 50 day moving average is $34.43 and its 200 day moving average is $32.54. Janus Henderson Group plc has a fifty-two week low of $22.17 and a fifty-two week high of $39.11. The stock has a market cap of $5.76 billion, a P/E ratio of 13.55, a PEG ratio of 0.86 and a beta of 1.51. The company has a debt-to-equity ratio of 0.07, a current ratio of 3.92 and a quick ratio of 2.64.

Janus Henderson Group (NYSE:JHG) last released its quarterly earnings data on Thursday, August 1st. The company reported $0.85 EPS for the quarter, topping analysts’ consensus estimates of $0.74 by $0.11. Janus Henderson Group had a return on equity of 10.76% and a net margin of 21.02%. The firm had revenue of $588.40 million for the quarter, compared to the consensus estimate of $568.79 million. During the same quarter in the prior year, the company posted $0.62 earnings per share. The firm’s revenue was up 13.9% on a year-over-year basis. As a group, sell-side analysts predict that Janus Henderson Group plc will post 3.1 earnings per share for the current year.

Janus Henderson Group Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Wednesday, August 28th. Shareholders of record on Monday, August 12th will be issued a dividend of $0.39 per share. The ex-dividend date is Monday, August 12th. This represents a $1.56 annualized dividend and a yield of 4.35%. Janus Henderson Group’s dividend payout ratio (DPR) is presently 58.87%.

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.