Janus Henderson Group plc $JHG Stake Lifted by Savant Capital LLC

Savant Capital LLC increased its position in Janus Henderson Group plc (NYSE:JHG) by 42.8% during the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 41,256 shares of the company’s stock after acquiring an additional 12,357 shares during the period. Savant Capital LLC’s holdings in Janus Henderson Group were worth $1,602,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also made changes to their positions in the business. Envestnet Asset Management Inc. lifted its holdings in Janus Henderson Group by 28.8% in the first quarter. Envestnet Asset Management Inc. now owns 320,093 shares of the company’s stock worth $11,571,000 after purchasing an additional 71,553 shares during the period. Allworth Financial LP grew its holdings in Janus Henderson Group by 87.9% during the first quarter. Allworth Financial LP now owns 1,462 shares of the company’s stock worth $48,000 after acquiring an additional 684 shares during the period. Cerity Partners LLC raised its position in Janus Henderson Group by 7.7% in the first quarter. Cerity Partners LLC now owns 41,748 shares of the company’s stock worth $1,509,000 after acquiring an additional 2,991 shares in the last quarter. Louisiana State Employees Retirement System lifted its holdings in Janus Henderson Group by 0.8% in the 1st quarter. Louisiana State Employees Retirement System now owns 35,600 shares of the company’s stock valued at $1,287,000 after acquiring an additional 300 shares during the last quarter. Finally, CWM LLC boosted its position in shares of Janus Henderson Group by 19.4% during the 1st quarter. CWM LLC now owns 23,895 shares of the company’s stock valued at $864,000 after purchasing an additional 3,875 shares in the last quarter. 87.94% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

JHG has been the subject of several research reports. Morgan Stanley reissued a “positive” rating on shares of Janus Henderson Group in a research note on Monday, October 6th. Bank of America increased their target price on Janus Henderson Group from $49.00 to $50.00 and gave the company a “buy” rating in a report on Thursday, October 2nd. TD Cowen increased their price target on shares of Janus Henderson Group from $52.00 to $55.00 and gave the stock a “buy” rating in a research report on Friday, October 31st. BMO Capital Markets began coverage on shares of Janus Henderson Group in a report on Friday, October 3rd. They set an “outperform” rating and a $52.00 price target for the company. Finally, Evercore ISI reaffirmed a “positive” rating on shares of Janus Henderson Group in a research report on Friday, October 31st. Two analysts have rated the stock with a Strong Buy rating, eight have given a Buy rating and two have assigned a Hold rating to the company’s stock. According to MarketBeat.com, Janus Henderson Group currently has a consensus rating of “Buy” and a consensus target price of $48.11.

Janus Henderson Group Trading Up 0.9%

Janus Henderson Group stock opened at $44.15 on Wednesday. The business has a 50 day moving average price of $44.02 and a two-hundred day moving average price of $41.15. The company has a quick ratio of 3.91, a current ratio of 4.49 and a debt-to-equity ratio of 0.08. The stock has a market cap of $6.82 billion, a price-to-earnings ratio of 16.60, a price-to-earnings-growth ratio of 0.96 and a beta of 1.59. Janus Henderson Group plc has a 12 month low of $28.26 and a 12 month high of $49.42.

Janus Henderson Group (NYSE:JHG) last posted its earnings results on Thursday, October 30th. The company reported $1.09 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.01 by $0.08. The company had revenue of $700.40 million during the quarter, compared to analysts’ expectations of $695.57 million. Janus Henderson Group had a net margin of 16.06% and a return on equity of 12.01%. Janus Henderson Group’s quarterly revenue was up 12.1% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.91 earnings per share. As a group, equities analysts forecast that Janus Henderson Group plc will post 3.75 EPS for the current year.

Janus Henderson Group Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Wednesday, November 26th. Stockholders of record on Monday, November 10th will be paid a $0.40 dividend. The ex-dividend date of this dividend is Monday, November 10th. This represents a $1.60 dividend on an annualized basis and a dividend yield of 3.6%. Janus Henderson Group’s dividend payout ratio is 46.92%.

Insiders Place Their Bets

In other news, CFO Roger Mj Thompson sold 27,491 shares of Janus Henderson Group stock in a transaction dated Thursday, September 11th. The stock was sold at an average price of $45.26, for a total transaction of $1,244,242.66. Following the transaction, the chief financial officer owned 113,097 shares in the company, valued at $5,118,770.22. The trade was a 19.55% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Company 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.