Midwest Trust Co Purchases New Position in Janus Henderson Group plc $JHG

Midwest Trust Co acquired a new position in shares of Janus Henderson Group plc (NYSE:JHG) during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 6,639 shares of the company’s stock, valued at approximately $258,000.

Several other institutional investors have also modified their holdings of the stock. AMG National Trust Bank boosted its holdings in shares of Janus Henderson Group by 0.9% in the 2nd quarter. AMG National Trust Bank now owns 26,738 shares of the company’s stock valued at $1,039,000 after buying an additional 237 shares in the last quarter. J. W. Coons Advisors LLC raised its stake in Janus Henderson Group by 2.5% during the 2nd quarter. J. W. Coons Advisors LLC now owns 10,663 shares of the company’s stock worth $414,000 after acquiring an additional 265 shares in the last quarter. Louisiana State Employees Retirement System lifted its position in Janus Henderson Group by 0.8% in the first 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. Arete Wealth Advisors LLC lifted its position in Janus Henderson Group by 2.4% in the first quarter. Arete Wealth Advisors LLC now owns 12,954 shares of the company’s stock valued at $468,000 after acquiring an additional 309 shares during the last quarter. Finally, Mubadala Investment Co PJSC lifted its position in Janus Henderson Group by 0.6% in the first quarter. Mubadala Investment Co PJSC now owns 56,807 shares of the company’s stock valued at $2,054,000 after acquiring an additional 324 shares during the last quarter. Hedge funds and other institutional investors own 87.94% of the company’s stock.

Insider Activity at Janus Henderson Group

In related news, CFO Roger Mj Thompson sold 27,491 shares of the stock in a transaction on 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 completion of the sale, the chief financial officer directly owned 113,097 shares of the company’s stock, 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 document filed with the Securities & Exchange Commission, which is available through this link. 20.40% of the stock is owned by company insiders.

Janus Henderson Group Price Performance

Shares of JHG opened at $43.72 on Friday. The company has a debt-to-equity ratio of 0.08, a quick ratio of 3.91 and a current ratio of 4.49. Janus Henderson Group plc has a fifty-two week low of $28.26 and a fifty-two week high of $49.42. The firm has a 50-day simple moving average of $44.00 and a 200-day simple moving average of $41.19. The company has a market capitalization of $6.75 billion, a price-to-earnings ratio of 16.44, a price-to-earnings-growth ratio of 0.96 and a beta of 1.59.

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

Janus Henderson Group Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Wednesday, November 26th. Stockholders of record on Monday, November 10th will be issued 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 3.7%. Janus Henderson Group’s payout ratio is presently 46.92%.

Analysts Set New Price Targets

JHG has been the topic of several research reports. BMO Capital Markets initiated coverage on Janus Henderson Group in a report on Friday, October 3rd. They set an “outperform” rating and a $52.00 price objective on the stock. Weiss Ratings reissued a “buy (b-)” rating on shares of Janus Henderson Group in a research report on Wednesday, October 8th. Bank of America lifted their price target on Janus Henderson Group from $49.00 to $50.00 and gave the stock a “buy” rating in a research report on Thursday, October 2nd. Evercore ISI reiterated a “positive” rating on shares of Janus Henderson Group in a research note on Friday, October 31st. Finally, Wall Street Zen raised Janus Henderson Group from a “hold” rating to a “buy” rating in a report on Sunday, November 9th. Two equities research analysts have rated the stock with a Strong Buy rating, eight have assigned a Buy rating and two have issued a Hold rating to the company. According to data from MarketBeat.com, Janus Henderson Group presently has an average rating of “Buy” and an average target price of $48.11.

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.