Cerity Partners LLC Makes New $649,000 Investment in Janus Henderson Group plc (NYSE:JHG)

Cerity Partners LLC bought a new stake in shares of Janus Henderson Group plc (NYSE:JHG - Free Report) during the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm bought 17,044 shares of the company's stock, valued at approximately $649,000.

A number of other institutional investors have also recently added to or reduced their stakes in the company. Larson Financial Group LLC increased its holdings in shares of Janus Henderson Group by 401.6% in the 2nd quarter. Larson Financial Group LLC now owns 1,249 shares of the company's stock valued at $42,000 after purchasing an additional 1,000 shares during the period. Huntington National Bank raised its position in shares of Janus Henderson Group by 24.5% during the third quarter. Huntington National Bank now owns 1,219 shares of the company's stock valued at $46,000 after buying an additional 240 shares during the last quarter. Addison Advisors LLC lifted its position in Janus Henderson Group by 103.4% in the third quarter. Addison Advisors LLC now owns 1,263 shares of the company's stock worth $48,000 after purchasing an additional 642 shares during the period. Farther Finance Advisors LLC raised its holdings in shares of Janus Henderson Group by 70.6% in the 3rd quarter. Farther Finance Advisors LLC now owns 1,390 shares of the company's stock worth $53,000 after buying an additional 575 shares in the last quarter. Finally, Abich Financial Wealth Management LLC raised its stake in shares of Janus Henderson Group by 26.5% in the second quarter. Abich Financial Wealth Management LLC now owns 1,797 shares of the company's stock valued at $61,000 after acquiring an additional 377 shares during the last quarter. 87.94% of the stock is currently owned by institutional investors and hedge funds.

Janus Henderson Group Stock Down 0.5 %

Shares of Janus Henderson Group stock traded down $0.22 on Friday, reaching $44.36. The company's stock had a trading volume of 1,069,272 shares, compared to its average volume of 1,022,188. Janus Henderson Group plc has a 52 week low of $26.70 and a 52 week high of $45.74. The company has a quick ratio of 2.08, a current ratio of 3.08 and a debt-to-equity ratio of 0.09. The firm's fifty day simple moving average is $42.09 and its two-hundred day simple moving average is $37.67. The company has a market capitalization of $7.05 billion, a price-to-earnings ratio of 17.53, a P/E/G ratio of 0.59 and a beta of 1.48.

Janus Henderson Group (NYSE:JHG - Get Free Report) last announced its quarterly earnings data 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 firm 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 company's revenue for the quarter was up 19.9% compared to the same quarter last year. During the same period in the prior year, the company posted $0.64 earnings per share. Equities analysts anticipate that Janus Henderson Group plc will post 3.43 earnings per share for the current year.

Janus Henderson Group Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, November 27th. Investors of record on Wednesday, November 27th were paid a $0.39 dividend. This represents a $1.56 annualized dividend and a yield of 3.52%. The ex-dividend date was Wednesday, November 27th. Janus Henderson Group's dividend payout ratio is presently 61.66%.

Insider Activity

In other news, CFO Roger Mj Thompson sold 9,000 shares of the firm's stock in a transaction dated Thursday, September 12th. The stock was sold at an average price of $35.60, for a total value of $320,400.00. Following the completion of the transaction, the chief financial officer now directly owns 130,171 shares in the company, valued at $4,634,087.60. This trade represents a 6.47 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Insiders own 19.60% of the company's stock.

Wall Street Analysts Forecast Growth

Several brokerages have recently issued reports on JHG. UBS Group upped their price target on Janus Henderson Group from $37.00 to $41.00 and gave the company a "neutral" rating in a research note on Tuesday, October 22nd. The Goldman Sachs Group boosted their price target on Janus Henderson Group from $36.00 to $37.00 and gave the stock a "sell" rating in a research report on Thursday, October 3rd. Morgan Stanley boosted their price target on Janus Henderson Group from $39.00 to $42.00 and gave the stock an "equal weight" rating in a research report on Friday, October 18th. Wells Fargo & Company boosted their price target on Janus Henderson Group from $37.00 to $38.00 and gave the company an "equal weight" rating in a research note on Wednesday, October 9th. Finally, StockNews.com lowered Janus Henderson Group from a "buy" rating to a "hold" rating in a research note on Friday, August 16th. One equities research analyst has rated the stock with a sell rating, seven have given a hold rating and one has given a buy rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of "Hold" and an average price target of $41.75.

Janus Henderson Group Company 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.