Burford Brothers Inc. Purchases New Stake in Janus Henderson Group plc (NYSE:JHG)

Burford Brothers Inc. purchased a new stake in Janus Henderson Group plc (NYSE:JHG) during the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm purchased 17,867 shares of the company’s stock, valued at approximately $680,000.

Other hedge funds have also added to or reduced their stakes in the company. Duality Advisers LP bought a new position in Janus Henderson Group in the first quarter valued at about $2,741,000. Mirae Asset Global Investments Co. Ltd. boosted its holdings in Janus Henderson Group by 163.0% during the first quarter. Mirae Asset Global Investments Co. Ltd. now owns 47,083 shares of the company’s stock worth $1,549,000 after buying an additional 29,181 shares during the last quarter. Russell Investments Group Ltd. boosted its holdings in Janus Henderson Group by 77.7% during the first quarter. Russell Investments Group Ltd. now owns 251,853 shares of the company’s stock worth $8,283,000 after buying an additional 110,136 shares during the last quarter. Mitsubishi UFJ Trust & Banking Corp boosted its holdings in Janus Henderson Group by 33.3% during the first quarter. Mitsubishi UFJ Trust & Banking Corp now owns 125,173 shares of the company’s stock worth $4,052,000 after buying an additional 31,261 shares during the last quarter. Finally, Price T Rowe Associates Inc. MD boosted its holdings in Janus Henderson Group by 177.0% during the first quarter. Price T Rowe Associates Inc. MD now owns 208,686 shares of the company’s stock worth $6,865,000 after buying an additional 133,356 shares during the last quarter. Institutional investors own 87.94% of the company’s stock.

Janus Henderson Group Trading Down 0.3 %

NYSE JHG opened at $39.42 on Friday. The stock’s 50-day moving average is $37.95 and its 200-day moving average is $35.21. Janus Henderson Group plc has a one year low of $22.27 and a one year high of $41.47. The firm has a market cap of $6.33 billion, a P/E ratio of 14.88, a P/E/G ratio of 0.77 and a beta of 1.50. The company has a debt-to-equity ratio of 0.07, a current ratio of 4.05 and a quick ratio of 2.67.

Janus Henderson Group (NYSE:JHG) last announced its earnings results on Thursday, August 1st. The company reported $0.85 earnings per share (EPS) for the quarter, beating 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 business had revenue of $588.40 million for the quarter, compared to analyst estimates of $568.79 million. During the same quarter last year, the firm earned $0.62 EPS. Janus Henderson Group’s revenue for the quarter was up 13.9% compared to the same quarter last year. Sell-side analysts anticipate that Janus Henderson Group plc will post 3.25 earnings per share for the current fiscal year.

Janus Henderson Group Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, August 28th. Investors of record on Monday, August 12th were given a $0.39 dividend. This represents a $1.56 dividend on an annualized basis and a yield of 3.96%. The ex-dividend date of this dividend was Monday, August 12th. Janus Henderson Group’s dividend payout ratio is presently 58.87%.

Analyst Upgrades and Downgrades

A number of brokerages have issued reports on JHG. Evercore ISI raised their target price on Janus Henderson Group from $36.00 to $37.00 and gave the stock an “in-line” rating in a report on Friday, October 4th. JPMorgan Chase & Co. raised their target price 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 target price on Janus Henderson Group from $36.00 to $37.00 and gave the stock a “sell” rating in a report on Thursday, October 3rd. Wells Fargo & Company raised their target price on Janus Henderson Group from $37.00 to $38.00 and gave the stock an “equal weight” rating in a report on Wednesday, October 9th. Finally, Deutsche Bank Aktiengesellschaft raised their price target on Janus Henderson Group from $36.00 to $37.00 and gave the stock a “hold” rating in a research report on Thursday, August 15th. One investment analyst has rated the stock with a sell rating, seven have given a hold rating and two have given a buy rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and an average price target of $38.63.

Insider Activity at Janus Henderson Group

In related news, CAO Michelle Rosenberg sold 7,651 shares of Janus Henderson Group stock in a transaction that occurred on 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 owns 89,048 shares of the company’s stock, valued at approximately $3,251,142.48. This trade represents a 0.00 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. In other Janus Henderson Group news, CFO Roger Mj Thompson sold 9,000 shares of the firm’s stock in a transaction that occurred 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 $4,634,087.60. This trade represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CAO Michelle Rosenberg sold 7,651 shares of the firm’s stock in a transaction that occurred on Monday, August 19th. The shares were sold at an average price of $36.51, for a total value of $279,338.01. Following the completion of the transaction, the chief accounting officer now owns 89,048 shares of the company’s stock, valued at approximately $3,251,142.48. This represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders have sold 25,651 shares of company stock valued at $918,158. 19.60% of the stock is owned by insiders.

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.