Wellington Management Group LLP acquired a new position in shares of Janus Henderson Group plc (NYSE:JHG - Free Report) in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 74,436 shares of the company's stock, valued at approximately $2,834,000.
A number of other hedge funds and other institutional investors have also bought and sold shares of JHG. Quantinno Capital Management LP boosted its stake in Janus Henderson Group by 39.1% during the 3rd quarter. Quantinno Capital Management LP now owns 258,703 shares of the company's stock valued at $9,849,000 after purchasing an additional 72,748 shares during the period. Quarry LP boosted its position in shares of Janus Henderson Group by 203.6% in the third quarter. Quarry LP now owns 759 shares of the company's stock valued at $29,000 after acquiring an additional 509 shares during the period. Point72 DIFC Ltd acquired a new stake in shares of Janus Henderson Group in the third quarter worth $1,117,000. Point72 Asset Management L.P. increased its position in Janus Henderson Group by 15.1% during the third quarter. Point72 Asset Management L.P. now owns 472,900 shares of the company's stock worth $18,003,000 after acquiring an additional 61,974 shares during the period. Finally, Integrated Wealth Concepts LLC grew its position in Janus Henderson Group by 3.4% in the 3rd quarter. Integrated Wealth Concepts LLC now owns 104,316 shares of the company's stock worth $3,971,000 after purchasing an additional 3,422 shares during the last quarter. 87.94% of the stock is currently owned by institutional investors and hedge funds.
Analyst Ratings Changes
A number of research analysts have recently commented on the stock. Morgan Stanley upped their price objective on shares of Janus Henderson Group from $39.00 to $42.00 and gave the company an "equal weight" rating in a research report on Friday, October 18th. Wells Fargo & Company raised their price objective on Janus Henderson Group from $41.00 to $45.00 and gave the stock an "equal weight" rating in a research report on Thursday, December 12th. Deutsche Bank Aktiengesellschaft lifted their price objective on Janus Henderson Group from $42.00 to $44.00 and gave the stock a "hold" rating in a report on Monday, November 11th. The Goldman Sachs Group upped their target price on Janus Henderson Group from $36.00 to $37.00 and gave the company a "sell" rating in a research note on Thursday, October 3rd. Finally, Evercore ISI lifted their price target on shares of Janus Henderson Group from $40.00 to $43.00 and gave the stock an "in-line" rating in a research note on Thursday, November 7th. One analyst has rated the stock with a sell rating, seven have assigned a hold rating and one has assigned a buy rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of "Hold" and a consensus price target of $42.63.
Get Our Latest Stock Analysis on Janus Henderson Group
Janus Henderson Group Stock Performance
Janus Henderson Group stock opened at $43.45 on Wednesday. The firm has a market capitalization of $6.91 billion, a P/E ratio of 17.17, a P/E/G ratio of 0.62 and a beta of 1.48. The stock has a fifty day moving average price of $42.89 and a two-hundred day moving average price of $38.20. Janus Henderson Group plc has a 52-week low of $28.19 and a 52-week high of $45.74. The company has a debt-to-equity ratio of 0.09, a current ratio of 3.08 and a quick ratio of 2.08.
Janus Henderson Group (NYSE:JHG - Get Free Report) last announced its earnings results on Thursday, October 31st. The company reported $0.91 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.80 by $0.11. The business had revenue of $624.80 million during the quarter, compared to analysts' expectations of $600.88 million. Janus Henderson Group had a net margin of 17.33% and a return on equity of 11.49%. The firm's revenue for the quarter was up 19.9% on a year-over-year basis. During the same quarter last year, the company posted $0.64 EPS. As a group, analysts anticipate that Janus Henderson Group plc will post 3.43 EPS for the current fiscal year.
Janus Henderson Group Dividend Announcement
The firm also recently announced a quarterly dividend, which was paid on Wednesday, November 27th. Stockholders of record on Wednesday, November 27th were issued a $0.39 dividend. This represents a $1.56 annualized dividend and a dividend yield of 3.59%. The ex-dividend date was Wednesday, November 27th. Janus Henderson Group's payout ratio is currently 61.66%.
About Janus Henderson Group
(
Free Report)
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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