Aigen Investment Management LP purchased a new position in shares of Janus Henderson Group plc (NYSE:JHG – Free Report) in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund purchased 8,544 shares of the company’s stock, valued at approximately $325,000.
A number of other institutional investors and hedge funds also recently added to or reduced their stakes in JHG. Versant Capital Management Inc purchased a new stake in Janus Henderson Group in the second quarter valued at approximately $34,000. Larson Financial Group LLC boosted its holdings in shares of Janus Henderson Group by 401.6% in the 2nd quarter. Larson Financial Group LLC now owns 1,249 shares of the company’s stock valued at $42,000 after acquiring an additional 1,000 shares during the last quarter. Abich Financial Wealth Management LLC increased 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 period. Addison Advisors LLC increased its stake 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 worth $48,000 after acquiring an additional 642 shares during the period. Finally, Farther Finance Advisors LLC raised its holdings in shares of Janus Henderson Group by 70.6% during the third quarter. Farther Finance Advisors LLC now owns 1,390 shares of the company’s stock worth $53,000 after purchasing an additional 575 shares during the last quarter. Institutional investors and hedge funds own 87.94% of the company’s stock.
Analysts Set New Price Targets
JHG has been the subject of a number of recent research reports. Morgan Stanley lifted their price objective on Janus Henderson Group from $39.00 to $42.00 and gave the company an “equal weight” rating in a research note on Friday, October 18th. StockNews.com lowered Janus Henderson Group from a “buy” rating to a “hold” rating in a research report on Friday, August 16th. JPMorgan Chase & Co. raised their price objective on shares of Janus Henderson Group from $38.00 to $39.00 and gave the stock a “neutral” rating in a research note on Friday, August 2nd. Wells Fargo & Company boosted their target price on shares of Janus Henderson Group from $37.00 to $38.00 and gave the company an “equal weight” rating in a research note on Wednesday, October 9th. Finally, UBS Group lifted their price objective on shares of Janus Henderson Group from $37.00 to $41.00 and gave the company a “neutral” rating in a report on Tuesday, October 22nd. One research 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. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus target price of $41.75.
Insider Transactions at Janus Henderson Group
In related news, CFO Roger Mj Thompson sold 9,000 shares of the stock in a transaction that occurred 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 completion of the transaction, the chief financial officer now directly owns 139,171 shares in the company, valued at approximately $4,923,869.98. This represents a 6.07 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CAO Michelle Rosenberg sold 7,651 shares of the firm’s stock in a transaction dated Monday, August 19th. The stock was sold at an average price of $36.51, for a total value of $279,338.01. Following the sale, 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 7.91 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 25,651 shares of company stock worth $918,158 in the last ninety days. Insiders own 19.60% of the company’s stock.
Janus Henderson Group Stock Down 2.6 %
JHG opened at $44.49 on Friday. The company has a quick ratio of 2.08, a current ratio of 3.08 and a debt-to-equity ratio of 0.09. Janus Henderson Group plc has a twelve month low of $25.39 and a twelve month high of $45.67. The company has a market cap of $7.07 billion, a PE ratio of 17.65, a price-to-earnings-growth ratio of 0.58 and a beta of 1.49. The company has a 50-day moving average price of $39.66 and a 200 day moving average price of $36.34.
Janus Henderson Group (NYSE:JHG – Get Free Report) last issued its quarterly 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. The firm had revenue of $624.80 million for the quarter, compared to analyst estimates of $600.88 million. Janus Henderson Group had a return on equity of 11.49% and a net margin of 17.33%. The business’s revenue was up 19.9% on a year-over-year basis. During the same period in the previous year, the company posted $0.64 earnings per share. Sell-side analysts expect that Janus Henderson Group plc will post 3.43 earnings per share for the current fiscal year.
Janus Henderson Group Announces Dividend
The firm also recently announced a quarterly dividend, which will be paid on Wednesday, November 27th. Shareholders of record on Wednesday, November 27th will be paid a $0.39 dividend. This represents a $1.56 dividend on an annualized basis and a yield of 3.51%. The ex-dividend date of this dividend is Wednesday, November 27th. Janus Henderson Group’s dividend payout ratio (DPR) is 61.66%.
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.
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