Algert Global LLC boosted its holdings in shares of Janus Henderson Group plc (NYSE:JHG - Free Report) by 96.6% in the third quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 154,335 shares of the company's stock after buying an additional 75,840 shares during the quarter. Algert Global LLC owned 0.10% of Janus Henderson Group worth $5,876,000 at the end of the most recent reporting period.
Several other institutional investors and hedge funds have also bought and sold shares of the business. Millennium Management LLC raised its holdings in shares of Janus Henderson Group by 43.5% during the second quarter. Millennium Management LLC now owns 5,968,705 shares of the company's stock worth $201,205,000 after purchasing an additional 1,809,249 shares during the last quarter. AQR Capital Management LLC raised its stake in shares of Janus Henderson Group by 64.5% during the 2nd quarter. AQR Capital Management LLC now owns 1,206,684 shares of the company's stock valued at $40,677,000 after buying an additional 473,308 shares during the last quarter. Principal Financial Group Inc. raised its stake in shares of Janus Henderson Group by 28.9% during the 3rd quarter. Principal Financial Group Inc. now owns 2,081,630 shares of the company's stock valued at $79,248,000 after buying an additional 467,049 shares during the last quarter. Dimensional Fund Advisors LP boosted its stake in shares of Janus Henderson Group by 4.4% in the second quarter. Dimensional Fund Advisors LP now owns 8,090,743 shares of the company's stock worth $272,741,000 after buying an additional 344,582 shares during the last quarter. Finally, Marshall Wace LLP grew its holdings in Janus Henderson Group by 48.7% during the second quarter. Marshall Wace LLP now owns 1,000,823 shares of the company's stock worth $33,738,000 after acquiring an additional 327,819 shares during the period. 87.94% of the stock is currently owned by institutional investors and hedge funds.
Analyst Ratings Changes
JHG has been the subject of a number of analyst reports. Deutsche Bank Aktiengesellschaft boosted their price target on Janus Henderson Group from $42.00 to $44.00 and gave the company a "hold" rating in a report on Monday, November 11th. Morgan Stanley lifted 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 report on Friday, October 18th. Wells Fargo & Company increased their target price on shares of Janus Henderson Group from $37.00 to $38.00 and gave the stock an "equal weight" rating in a research note on Wednesday, October 9th. StockNews.com downgraded Janus Henderson Group from a "buy" rating to a "hold" rating in a research note on Friday, August 16th. Finally, JPMorgan Chase & Co. lifted their price target on shares of Janus Henderson Group from $38.00 to $39.00 and gave the company a "neutral" rating in a research note on Friday, August 2nd. One equities research analyst has rated the stock with a sell rating, seven have assigned a hold rating and one has given a buy rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of "Hold" and a consensus price target of $41.75.
View Our Latest Stock Analysis on JHG
Janus Henderson Group Trading Up 1.0 %
Shares of JHG traded up $0.44 during mid-day trading on Friday, reaching $45.17. The stock had a trading volume of 1,174,690 shares, compared to its average volume of 1,045,315. The business's fifty day moving average is $40.71 and its 200 day moving average is $36.89. Janus Henderson Group plc has a 52-week low of $25.39 and a 52-week high of $45.67. The company has a debt-to-equity ratio of 0.09, a current ratio of 3.08 and a quick ratio of 2.08. The firm has a market cap of $7.18 billion, a price-to-earnings ratio of 17.85, a P/E/G ratio of 0.59 and a beta of 1.49.
Janus Henderson Group (NYSE:JHG - Get Free Report) last issued its quarterly earnings data on Thursday, October 31st. The company reported $0.91 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.80 by $0.11. Janus Henderson Group had a net margin of 17.33% and a return on equity of 11.49%. The firm had revenue of $624.80 million for the quarter, compared to analyst estimates of $600.88 million. During the same period in the previous year, the firm earned $0.64 EPS. Janus Henderson Group's revenue was up 19.9% on a year-over-year basis. On average, sell-side analysts predict that Janus Henderson Group plc will post 3.43 EPS for the current fiscal year.
Janus Henderson Group Dividend Announcement
The company also recently announced a quarterly dividend, which will be paid on Wednesday, November 27th. Shareholders of record on Wednesday, November 27th will be given a $0.39 dividend. This represents a $1.56 annualized dividend and a yield of 3.45%. The ex-dividend date is Wednesday, November 27th. Janus Henderson Group's dividend payout ratio is currently 61.66%.
Insider Buying and Selling at Janus Henderson Group
In related news, CFO Roger Mj Thompson sold 9,000 shares of Janus Henderson Group stock in a transaction that occurred on Tuesday, September 10th. The shares were sold at an average price of $35.38, for a total value of $318,420.00. Following the completion of the transaction, the chief financial officer now owns 139,171 shares in the company, valued at $4,923,869.98. The trade was a 6.07 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. 19.60% of the stock is currently owned by corporate insiders.
Janus Henderson Group Profile
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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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