Wealth Enhancement Advisory Services LLC Has $3.91 Million Holdings in Janus Henderson Group plc $JHG

Wealth Enhancement Advisory Services LLC raised its holdings in Janus Henderson Group plc (NYSE:JHG) by 25.6% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 81,390 shares of the company’s stock after buying an additional 16,589 shares during the period. Wealth Enhancement Advisory Services LLC owned about 0.05% of Janus Henderson Group worth $3,913,000 at the end of the most recent quarter.

A number of other hedge funds also recently made changes to their positions in the business. Bessemer Group Inc. increased its holdings in shares of Janus Henderson Group by 134.6% during the 3rd quarter. Bessemer Group Inc. now owns 596 shares of the company’s stock worth $26,000 after acquiring an additional 342 shares during the last quarter. United Community Bank acquired a new stake in Janus Henderson Group during the 3rd quarter valued at $30,000. Quent Capital LLC bought a new position in Janus Henderson Group during the third quarter worth $36,000. Addison Advisors LLC boosted its position in Janus Henderson Group by 42.3% during the third quarter. Addison Advisors LLC now owns 818 shares of the company’s stock worth $36,000 after purchasing an additional 243 shares during the period. Finally, Clearstead Advisors LLC increased its holdings in shares of Janus Henderson Group by 170.4% in the third quarter. Clearstead Advisors LLC now owns 1,144 shares of the company’s stock valued at $51,000 after purchasing an additional 721 shares during the last quarter. 87.94% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several brokerages have recently weighed in on JHG. Zacks Research raised shares of Janus Henderson Group from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, February 10th. Morgan Stanley upped their price target on shares of Janus Henderson Group from $46.00 to $48.00 and gave the company an “equal weight” rating in a research note on Wednesday, December 17th. Evercore lowered their price target on shares of Janus Henderson Group from $50.00 to $49.00 and set an “in-line” rating on the stock in a report on Monday, December 22nd. Wall Street Zen upgraded Janus Henderson Group from a “hold” rating to a “buy” rating in a report on Saturday, December 20th. Finally, Weiss Ratings reiterated a “buy (b)” rating on shares of Janus Henderson Group in a research note on Friday. Two equities research analysts have rated the stock with a Strong Buy rating, two have given a Buy rating and six have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $47.38.

Insider Transactions at Janus Henderson Group

In other news, CEO Ali Dibadj sold 127,632 shares of Janus Henderson Group stock in a transaction that occurred on Tuesday, February 17th. The shares were sold at an average price of $49.12, for a total value of $6,269,283.84. Following the completion of the sale, the chief executive officer directly owned 449,078 shares in the company, valued at approximately $22,058,711.36. The trade was a 22.13% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, insider Megan Podzorov sold 1,650 shares of the business’s stock in a transaction that occurred on Tuesday, March 10th. The shares were sold at an average price of $51.24, for a total value of $84,546.00. Following the completion of the sale, the insider owned 12,204 shares of the company’s stock, valued at approximately $625,332.96. This trade represents a 11.91% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders have sold 146,229 shares of company stock valued at $7,239,650. 20.40% of the stock is currently owned by company insiders.

Janus Henderson Group Trading Down 0.0%

Shares of Janus Henderson Group stock opened at $51.36 on Tuesday. The company has a debt-to-equity ratio of 0.07, a quick ratio of 2.50 and a current ratio of 4.18. The firm has a 50-day moving average of $49.82 and a 200-day moving average of $46.59. Janus Henderson Group plc has a 52-week low of $28.26 and a 52-week high of $53.76. The stock has a market cap of $7.91 billion, a PE ratio of 9.76, a PEG ratio of 1.47 and a beta of 1.53.

Janus Henderson Group (NYSE:JHG) last released its quarterly earnings results on Friday, January 30th. The company reported $2.01 EPS for the quarter, topping analysts’ consensus estimates of $1.19 by $0.82. The business had revenue of $996.60 million for the quarter, compared to analyst estimates of $763.09 million. Janus Henderson Group had a net margin of 25.83% and a return on equity of 14.70%. Janus Henderson Group’s revenue for the quarter was up 61.3% compared to the same quarter last year. During the same period last year, the firm earned $1.07 earnings per share. As a group, sell-side analysts forecast that Janus Henderson Group plc will post 3.75 EPS for the current year.

About Janus Henderson Group

Janus Henderson Group plc is a global asset manager offering a broad range of investment solutions across equities, fixed income, multi-asset and alternative strategies. The firm provides portfolio management services to institutional clients, financial intermediaries and individual investors. Its product lineup includes actively managed mutual funds, separate accounts and exchange-traded funds, designed to meet a variety of risk-return objectives and investment horizons.

The company was formed in May 2017 through the merger of Janus Capital Group and Henderson Group, combining decades of investment expertise in both the U.S.