Dynamic Technology Lab Private Ltd purchased a new stake in shares of Janus Henderson Group plc (NYSE:JHG – Free Report) during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor purchased 31,700 shares of the company’s stock, valued at approximately $1,207,000.
A number of other institutional investors also recently bought and sold shares of JHG. Huntington National Bank boosted its position in shares of Janus Henderson Group by 24.5% during the third quarter. Huntington National Bank now owns 1,219 shares of the company’s stock valued at $46,000 after buying an additional 240 shares during the period. Miller Howard Investments Inc. NY boosted its holdings in Janus Henderson Group by 2.4% during the 2nd quarter. Miller Howard Investments Inc. NY now owns 11,928 shares of the company’s stock valued at $402,000 after acquiring an additional 282 shares during the period. Abich Financial Wealth Management LLC boosted its holdings in Janus Henderson Group by 26.5% during the 2nd quarter. Abich Financial Wealth Management LLC now owns 1,797 shares of the company’s stock valued at $61,000 after acquiring an additional 377 shares during the period. GAMMA Investing LLC increased its stake in Janus Henderson Group by 15.7% in the third quarter. GAMMA Investing LLC now owns 2,822 shares of the company’s stock worth $107,000 after purchasing an additional 382 shares during the period. Finally, Graypoint LLC increased its stake in Janus Henderson Group by 4.2% in the second quarter. Graypoint LLC now owns 10,221 shares of the company’s stock worth $345,000 after purchasing an additional 410 shares during the period. 87.94% of the stock is currently owned by institutional investors.
Analyst Ratings Changes
JHG has been the topic of a number of research analyst reports. TD Cowen upped their price target on shares of Janus Henderson Group from $46.00 to $50.00 and gave the stock a “buy” rating in a report on Friday, November 1st. Evercore ISI raised their target price on shares of Janus Henderson Group from $40.00 to $43.00 and gave the stock an “in-line” rating in a research report on Thursday, November 7th. JPMorgan Chase & Co. lifted their price target on shares of Janus Henderson Group from $38.00 to $39.00 and gave the company a “neutral” rating in a research note on Friday, August 2nd. StockNews.com cut Janus Henderson Group from a “buy” rating to a “hold” rating in a research note on Friday, August 16th. Finally, The Goldman Sachs Group lifted their target price on Janus Henderson Group from $36.00 to $37.00 and gave the company a “sell” rating in a research report on Thursday, October 3rd. One analyst has rated the stock with a sell rating, seven have issued a hold rating and one has assigned a buy rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Hold” and an average price target of $41.75.
Janus Henderson Group Trading Up 0.1 %
JHG opened at $45.32 on Wednesday. The company has a current ratio of 3.08, a quick ratio of 2.08 and a debt-to-equity ratio of 0.09. The firm has a market cap of $7.20 billion, a price-to-earnings ratio of 17.91, a PEG 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 $45.74. The stock has a fifty day moving average price of $41.03 and a 200-day moving average price of $37.09.
Janus Henderson Group (NYSE:JHG – Get Free Report) last announced its earnings results on Thursday, October 31st. The company reported $0.91 EPS for the quarter, topping analysts’ consensus estimates of $0.80 by $0.11. Janus Henderson Group had a net margin of 17.33% and a return on equity of 11.49%. The business had revenue of $624.80 million during the quarter, compared to the consensus estimate of $600.88 million. During the same period in the previous year, the company posted $0.64 earnings per share. The firm’s revenue was up 19.9% on a year-over-year basis. As a group, equities research analysts anticipate that Janus Henderson Group plc will post 3.43 earnings per share for the current fiscal year.
Janus Henderson Group Announces Dividend
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. The ex-dividend date is Wednesday, November 27th. This represents a $1.56 annualized dividend and a yield of 3.44%. Janus Henderson Group’s dividend payout ratio (DPR) is 61.66%.
Insider Transactions at Janus Henderson Group
In other Janus Henderson Group news, CFO Roger Mj Thompson sold 9,000 shares of the firm’s stock in a transaction dated 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 sale, the chief financial officer now owns 139,171 shares of the company’s stock, valued at approximately $4,923,869.98. This trade represents a 6.07 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders own 19.60% of the company’s stock.
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.
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