Intech Investment Management LLC Takes $3.97 Million Position in Janus Henderson Group plc (NYSE:JHG)

Intech Investment Management LLC bought a new position in shares of Janus Henderson Group plc (NYSE:JHG) in the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund bought 104,311 shares of the company’s stock, valued at approximately $3,971,000. Intech Investment Management LLC owned about 0.07% of Janus Henderson Group as of its most recent SEC filing.

Other large investors have also made changes to their positions in the company. Versant Capital Management Inc bought a new stake in Janus Henderson Group during the 2nd quarter worth about $34,000. Larson Financial Group LLC lifted its holdings in 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 buying an additional 1,000 shares during the period. Huntington National Bank boosted its stake in 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 acquiring an additional 240 shares during the last quarter. Abich Financial Wealth Management LLC grew its holdings in Janus Henderson Group by 41.9% during the 1st 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. Finally, Addison Advisors LLC raised its position in shares of Janus Henderson Group by 103.4% during the 3rd quarter. Addison Advisors LLC now owns 1,263 shares of the company’s stock valued at $48,000 after acquiring an additional 642 shares during the last quarter. Institutional investors and hedge funds own 87.94% of the company’s stock.

Janus Henderson Group Stock Up 1.0 %

Shares of JHG stock opened at $45.17 on Friday. The company has a market capitalization of $7.18 billion, a price-to-earnings ratio of 17.85, a P/E/G ratio of 0.59 and a beta of 1.49. Janus Henderson Group plc has a 12-month low of $25.39 and a 12-month high of $45.67. The firm has a fifty day moving average of $40.71 and a 200-day moving average of $36.86. 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 (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. The firm had revenue of $624.80 million during the quarter, compared to analysts’ expectations 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 revenue was up 19.9% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.64 EPS. As a group, equities research analysts predict that Janus Henderson Group plc will post 3.43 earnings per share for the current fiscal year.

Janus Henderson Group Dividend Announcement

The company 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 annualized dividend and a yield of 3.45%. The ex-dividend date is Wednesday, November 27th. Janus Henderson Group’s payout ratio is 61.66%.

Insiders Place Their Bets

In related news, CFO Roger Mj Thompson sold 9,000 shares of the stock in a transaction on Thursday, September 12th. The shares were sold at an average price of $35.60, for a total transaction of $320,400.00. Following the completion of the transaction, the chief financial officer now owns 130,171 shares in the company, valued at approximately $4,634,087.60. This represents a 6.47 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Insiders own 19.60% of the company’s stock.

Analysts Set New Price Targets

A number of equities research analysts recently commented on JHG shares. The Goldman Sachs Group upped their price objective on Janus Henderson Group from $36.00 to $37.00 and gave the company a “sell” rating in a report on Thursday, October 3rd. Wells Fargo & Company upped their price target on 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. Evercore ISI boosted their price objective on shares of Janus Henderson Group from $40.00 to $43.00 and gave the company an “in-line” rating in a report on Thursday, November 7th. Deutsche Bank Aktiengesellschaft upped their target price on shares of Janus Henderson Group from $42.00 to $44.00 and gave the company a “hold” rating in a research note on Monday, November 11th. Finally, TD Cowen boosted their price target on shares of Janus Henderson Group from $46.00 to $50.00 and gave the company a “buy” rating in a report on Friday, November 1st. One investment analyst has rated the stock with a sell rating, seven have issued a hold rating and one has given a buy rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Hold” and a consensus price target of $41.75.

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.