Point72 Asia Singapore Pte. Ltd. Increases Holdings in Janus Henderson Group plc (NYSE:JHG)

Point72 Asia Singapore Pte. Ltd. increased its stake in Janus Henderson Group plc (NYSE:JHG) by 154.2% in the 3rd quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 17,096 shares of the company’s stock after purchasing an additional 10,371 shares during the quarter. Point72 Asia Singapore Pte. Ltd.’s holdings in Janus Henderson Group were worth $651,000 at the end of the most recent quarter.

Other hedge funds also recently made changes to their positions in the company. Price T Rowe Associates Inc. MD grew its position 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 in the last quarter. Jane Street Group LLC grew its position in Janus Henderson Group by 536.7% during the first quarter. Jane Street Group LLC now owns 151,875 shares of the company’s stock worth $4,995,000 after buying an additional 128,021 shares in the last quarter. Cetera Advisors LLC grew its position in Janus Henderson Group by 140.8% during the first quarter. Cetera Advisors LLC now owns 16,510 shares of the company’s stock worth $543,000 after buying an additional 9,655 shares in the last quarter. GAMMA Investing LLC grew its position in Janus Henderson Group by 159.6% during the second quarter. GAMMA Investing LLC now owns 2,440 shares of the company’s stock worth $82,000 after buying an additional 1,500 shares in the last quarter. Finally, Versant Capital Management Inc purchased a new position in Janus Henderson Group during the second quarter worth about $34,000. 87.94% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity at Janus Henderson Group

In related news, CFO Roger Mj Thompson sold 9,000 shares of the business’s stock in a transaction dated Tuesday, September 10th. The stock was sold at an average price of $35.38, for a total transaction of $318,420.00. Following the transaction, the chief financial officer now owns 139,171 shares in the company, valued at $4,923,869.98. The trade was a 6.07 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 19.60% of the stock is owned by company insiders.

Analyst Upgrades and Downgrades

Several research firms recently commented on JHG. Wells Fargo & Company boosted their target price on Janus Henderson Group from $37.00 to $38.00 and gave the stock an “equal weight” rating in a research report on Wednesday, October 9th. The Goldman Sachs Group lifted their price target on Janus Henderson Group from $36.00 to $37.00 and gave the stock a “sell” rating in a research note on Thursday, October 3rd. UBS Group lifted their price target on Janus Henderson Group from $37.00 to $41.00 and gave the stock a “neutral” rating in a research note on Tuesday, October 22nd. TD Cowen lifted their price target on Janus Henderson Group from $46.00 to $50.00 and gave the stock a “buy” rating in a research note on Friday, November 1st. Finally, StockNews.com lowered Janus Henderson Group from a “buy” rating to a “hold” rating in a research note on Friday, August 16th. 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. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus target price of $41.75.

Janus Henderson Group Trading Up 0.0 %

NYSE JHG opened at $45.28 on Monday. Janus Henderson Group plc has a 1-year low of $25.86 and a 1-year high of $45.74. 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 stock has a 50-day moving average of $41.46 and a 200-day moving average of $37.33. The firm has a market cap of $7.20 billion, a PE ratio of 17.90, a price-to-earnings-growth ratio of 0.59 and a beta of 1.49.

Janus Henderson Group (NYSE:JHG) last released its earnings results on Thursday, October 31st. The company reported $0.91 earnings per share for the quarter, beating analysts’ consensus estimates of $0.80 by $0.11. Janus Henderson Group had a return on equity of 11.49% and a net margin of 17.33%. The company had revenue of $624.80 million during the quarter, compared to analyst estimates of $600.88 million. During the same quarter in the previous year, the company posted $0.64 EPS. Janus Henderson Group’s revenue for the quarter was up 19.9% on a year-over-year basis. As a group, sell-side analysts forecast that Janus Henderson Group plc will post 3.43 EPS for the current year.

Janus Henderson Group Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, November 27th. Investors of record on Wednesday, November 27th were issued a dividend of $0.39 per share. The ex-dividend date of this dividend was Wednesday, November 27th. This represents a $1.56 dividend on an annualized basis and a yield of 3.45%. Janus Henderson Group’s dividend payout ratio is presently 61.66%.

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.