Lynx Investment Advisory lifted its holdings in shares of Janus Henderson Group plc (NYSE:JHG – Free Report) by 3.6% during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 21,658 shares of the company’s stock after purchasing an additional 762 shares during the period. Lynx Investment Advisory’s holdings in Janus Henderson Group were worth $841,000 as of its most recent filing with the SEC.
A number of other hedge funds also recently modified their holdings of the business. Vanguard Group Inc. lifted its holdings in shares of Janus Henderson Group by 0.6% during the first quarter. Vanguard Group Inc. now owns 14,227,134 shares of the company’s stock worth $514,311,000 after purchasing an additional 78,321 shares during the period. Charles Schwab Investment Management Inc. lifted its holdings in shares of Janus Henderson Group by 7.7% during the first quarter. Charles Schwab Investment Management Inc. now owns 4,946,058 shares of the company’s stock worth $178,800,000 after purchasing an additional 352,617 shares during the period. AQR Capital Management LLC lifted its holdings in shares of Janus Henderson Group by 8.8% during the first quarter. AQR Capital Management LLC now owns 1,926,206 shares of the company’s stock worth $68,400,000 after purchasing an additional 155,059 shares during the period. Clark Capital Management Group Inc. raised its stake in Janus Henderson Group by 2.0% during the first quarter. Clark Capital Management Group Inc. now owns 1,445,920 shares of the company’s stock worth $52,270,000 after buying an additional 28,117 shares during the last quarter. Finally, Invesco Ltd. raised its stake in Janus Henderson Group by 15.5% during the first quarter. Invesco Ltd. now owns 1,354,770 shares of the company’s stock worth $48,975,000 after buying an additional 182,014 shares during the last quarter. Institutional investors and hedge funds own 87.94% of the company’s stock.
Analyst Ratings Changes
JHG has been the subject of a number of analyst reports. Wells Fargo & Company lifted their target price on shares of Janus Henderson Group from $37.00 to $44.00 and gave the stock an “equal weight” rating in a research note on Friday, July 11th. Zacks Research downgraded shares of Janus Henderson Group from a “strong-buy” rating to a “hold” rating in a research note on Monday, September 8th. Evercore ISI lifted their target price on shares of Janus Henderson Group from $45.00 to $48.00 and gave the stock an “in-line” rating in a research note on Friday, September 5th. Morgan Stanley lifted their target price on shares of Janus Henderson Group from $33.00 to $36.00 and gave the stock an “equal weight” rating in a research note on Wednesday, July 2nd. Finally, JPMorgan Chase & Co. lifted their target price on shares of Janus Henderson Group from $44.00 to $47.00 and gave the stock an “overweight” rating in a research note on Wednesday, July 16th. Five research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company’s stock. According to MarketBeat, Janus Henderson Group has an average rating of “Hold” and a consensus target price of $44.78.
Insider Transactions at Janus Henderson Group
In other news, CFO Roger Mj Thompson sold 27,491 shares of Janus Henderson Group stock in a transaction dated Thursday, September 11th. The shares were sold at an average price of $45.26, for a total transaction of $1,244,242.66. Following the completion of the transaction, the chief financial officer directly owned 113,097 shares in the company, valued at $5,118,770.22. This trade represents a 19.55% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider Georgina Fogo sold 69,000 shares of Janus Henderson Group stock in a transaction dated Monday, August 4th. The shares were sold at an average price of $43.07, for a total transaction of $2,971,830.00. Following the transaction, the insider owned 58,057 shares of the company’s stock, valued at $2,500,514.99. This represents a 54.31% decrease in their ownership of the stock. The disclosure for this sale can be found here. 20.40% of the stock is owned by company insiders.
Janus Henderson Group Trading Down 0.7%
JHG opened at $44.53 on Wednesday. Janus Henderson Group plc has a 1-year low of $28.26 and a 1-year high of $46.68. The company has a current ratio of 4.49, a quick ratio of 3.91 and a debt-to-equity ratio of 0.08. The company has a market cap of $6.95 billion, a P/E ratio of 16.74, a price-to-earnings-growth ratio of 1.08 and a beta of 1.51. The company has a fifty day moving average price of $43.90 and a two-hundred day moving average price of $38.96.
Janus Henderson Group (NYSE:JHG – Get Free Report) last posted its quarterly earnings results on Thursday, July 31st. The company reported $0.90 earnings per share for the quarter, beating the consensus estimate of $0.84 by $0.06. Janus Henderson Group had a net margin of 16.06% and a return on equity of 12.01%. The firm had revenue of $633.20 million during the quarter, compared to the consensus estimate of $614.46 million. During the same period in the previous year, the firm posted $0.85 earnings per share. The business’s revenue was up 7.6% compared to the same quarter last year. Analysts predict that Janus Henderson Group plc will post 3.75 EPS for the current fiscal year.
Janus Henderson Group Announces Dividend
The firm also recently disclosed a quarterly dividend, which was paid on Thursday, August 28th. Stockholders of record on Monday, August 11th were issued a dividend of $0.40 per share. This represents a $1.60 dividend on an annualized basis and a dividend yield of 3.6%. The ex-dividend date was Monday, August 11th. Janus Henderson Group’s dividend payout ratio (DPR) is currently 60.15%.
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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