Point72 Asia Singapore Pte. Ltd. Purchases 10,371 Shares of Janus Henderson Group plc (NYSE:JHG)

Point72 Asia Singapore Pte. Ltd. boosted its position in Janus Henderson Group plc (NYSE:JHG) by 154.2% during the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 17,096 shares of the company’s stock after acquiring an additional 10,371 shares during the period. Point72 Asia Singapore Pte. Ltd.’s holdings in Janus Henderson Group were worth $651,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also added to or reduced their stakes in JHG. Versant Capital Management Inc bought a new position in Janus Henderson Group in the second quarter worth approximately $34,000. Larson Financial Group LLC lifted its holdings 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 valued at $42,000 after purchasing an additional 1,000 shares in the last quarter. Huntington National Bank lifted its holdings in shares of Janus Henderson Group by 24.5% in the third quarter. Huntington National Bank now owns 1,219 shares of the company’s stock valued at $46,000 after purchasing an additional 240 shares in the last quarter. Addison Advisors LLC lifted its holdings in shares of Janus Henderson Group by 103.4% in the third quarter. Addison Advisors LLC now owns 1,263 shares of the company’s stock valued at $48,000 after purchasing an additional 642 shares in the last quarter. Finally, Farther Finance Advisors LLC lifted its holdings 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 valued at $53,000 after purchasing an additional 575 shares in the last quarter. Institutional investors own 87.94% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research analysts have recently weighed in on JHG shares. TD Cowen raised their target price on Janus Henderson Group from $46.00 to $50.00 and gave the company a “buy” rating in a report on Friday, November 1st. Morgan Stanley raised their target price on Janus Henderson Group from $39.00 to $42.00 and gave the company an “equal weight” rating in a report on Friday, October 18th. Deutsche Bank Aktiengesellschaft raised their target price on Janus Henderson Group from $42.00 to $44.00 and gave the company a “hold” rating in a report on Monday, November 11th. Wells Fargo & Company raised their target price on Janus Henderson Group from $37.00 to $38.00 and gave the company an “equal weight” rating in a report on Wednesday, October 9th. Finally, Evercore ISI lifted their price target on Janus Henderson Group from $40.00 to $43.00 and gave the stock an “in-line” rating in a report on Thursday, November 7th. One research analyst has rated the stock with a sell rating, seven have assigned a hold rating and one has given a buy rating to the company. According to MarketBeat.com, Janus Henderson Group presently has a consensus rating of “Hold” and a consensus target price of $41.75.

Insiders Place Their Bets

In other news, CFO Roger Mj Thompson sold 9,000 shares of Janus Henderson Group 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 completion of the transaction, the chief financial officer now directly owns 130,171 shares in the company, valued at approximately $4,634,087.60. The trade was a 6.47 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Company insiders own 19.60% of the company’s stock.

Janus Henderson Group Stock Performance

NYSE:JHG opened at $45.28 on Monday. 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 business has a fifty day simple moving average of $41.46 and a two-hundred day simple moving average of $37.33. Janus Henderson Group plc has a 1 year low of $25.86 and a 1 year high of $45.74. The company has a market capitalization of $7.20 billion, a P/E ratio of 17.90, a P/E/G ratio of 0.59 and a beta of 1.49.

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

Janus Henderson Group Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Wednesday, November 27th. Shareholders of record on Wednesday, November 27th were given a $0.39 dividend. This represents a $1.56 dividend on an annualized basis and a yield of 3.45%. The ex-dividend date was Wednesday, November 27th. Janus Henderson Group’s dividend payout ratio is currently 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.