22,350 Shares in Janus Henderson Group plc (NYSE:JHG) Acquired by Invst LLC

Invst LLC bought a new position in shares of Janus Henderson Group plc (NYSE:JHG) in the 1st quarter, Holdings Channel reports. The fund bought 22,350 shares of the company’s stock, valued at approximately $723,000.

Several other large investors have also added to or reduced their stakes in JHG. Hexagon Capital Partners LLC boosted its holdings in Janus Henderson Group by 72.6% in the fourth quarter. Hexagon Capital Partners LLC now owns 1,210 shares of the company’s stock worth $36,000 after acquiring an additional 509 shares in the last quarter. EverSource Wealth Advisors LLC boosted its holdings in Janus Henderson Group by 39.7% in the fourth quarter. EverSource Wealth Advisors LLC now owns 1,299 shares of the company’s stock worth $39,000 after acquiring an additional 369 shares in the last quarter. Headlands Technologies LLC bought a new position in Janus Henderson Group in the fourth quarter worth approximately $52,000. Assetmark Inc. boosted its holdings in Janus Henderson Group by 18.2% in the fourth quarter. Assetmark Inc. now owns 5,208 shares of the company’s stock worth $157,000 after acquiring an additional 802 shares in the last quarter. Finally, Benjamin F. Edwards & Company Inc. boosted its holdings in Janus Henderson Group by 10.2% in the first quarter. Benjamin F. Edwards & Company Inc. now owns 5,316 shares of the company’s stock worth $175,000 after acquiring an additional 490 shares in the last quarter. Institutional investors and hedge funds own 87.94% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research analysts have recently weighed in on JHG shares. TD Cowen raised their target price on Janus Henderson Group from $37.00 to $38.00 and gave the company a “buy” rating in a report on Monday, July 8th. StockNews.com lowered Janus Henderson Group from a “buy” rating to a “hold” rating in a report on Friday, May 3rd. Morgan Stanley raised their target price on Janus Henderson Group from $30.00 to $33.00 and gave the company an “equal weight” rating in a report on Wednesday, April 17th. JPMorgan Chase & Co. raised their target price on Janus Henderson Group from $38.00 to $39.00 and gave the company a “neutral” rating in a report on Friday. Finally, UBS Group raised their target price on Janus Henderson Group from $30.00 to $31.00 and gave the company a “sell” rating in a report on Wednesday, July 10th. Two equities research analysts have rated the stock with a sell rating, five have assigned a hold rating and two have given a buy rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Hold” and an average price target of $30.92.

Janus Henderson Group Stock Performance

Shares of JHG traded down $1.71 on Friday, reaching $35.89. 2,136,662 shares of the company’s stock traded hands, compared to its average volume of 1,054,302. The company has a current ratio of 3.92, a quick ratio of 2.64 and a debt-to-equity ratio of 0.07. The stock has a market cap of $5.76 billion, a PE ratio of 13.55, a PEG ratio of 0.86 and a beta of 1.51. The stock’s 50 day simple moving average is $34.43 and its two-hundred day simple moving average is $32.54. Janus Henderson Group plc has a 52-week low of $22.17 and a 52-week high of $39.11.

Janus Henderson Group (NYSE:JHG) last issued its quarterly earnings results on Thursday, August 1st. The company reported $0.85 EPS for the quarter, beating analysts’ consensus estimates of $0.74 by $0.11. The company had revenue of $588.40 million during the quarter, compared to the consensus estimate of $568.79 million. Janus Henderson Group had a return on equity of 10.76% and a net margin of 21.02%. Janus Henderson Group’s revenue was up 13.9% on a year-over-year basis. During the same period last year, the business posted $0.62 earnings per share. On average, analysts forecast that Janus Henderson Group plc will post 3.1 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, August 28th. Shareholders of record on Monday, August 12th will be paid a $0.39 dividend. The ex-dividend date is Monday, August 12th. This represents a $1.56 annualized dividend and a dividend yield of 4.35%. Janus Henderson Group’s payout ratio is presently 58.87%.

Insider Buying and Selling at Janus Henderson Group

In other news, major shareholder Henderson Group Plc Janus bought 166,042 shares of the stock in a transaction on Wednesday, July 3rd. The shares were purchased at an average cost of $3.55 per share, for a total transaction of $589,449.10. Following the completion of the purchase, the insider now directly owns 1,648,577 shares in the company, valued at approximately $5,852,448.35. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Insiders have bought a total of 487,179 shares of company stock worth $1,650,371 over the last ninety days. 19.60% of the stock is currently owned by company 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.