Dynamic Technology Lab Private Ltd bought a new position in Janus Henderson Group plc (NYSE:JHG - Free Report) in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund bought 31,700 shares of the company's stock, valued at approximately $1,207,000.
Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. Versant Capital Management Inc acquired a new stake in Janus Henderson Group in the 2nd quarter valued at $34,000. Larson Financial Group LLC raised its position in 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 last quarter. Huntington National Bank grew its holdings in Janus Henderson Group by 24.5% during the 3rd quarter. Huntington National Bank now owns 1,219 shares of the company's stock worth $46,000 after acquiring an additional 240 shares during the last quarter. Abich Financial Wealth Management LLC increased its position in Janus Henderson Group by 41.9% in the 1st quarter. Abich Financial Wealth Management LLC now owns 1,420 shares of the company's stock valued at $47,000 after acquiring an additional 419 shares in the last quarter. Finally, Addison Advisors LLC raised its stake in shares of 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 acquiring an additional 642 shares during the last quarter. Institutional investors and hedge funds own 87.94% of the company's stock.
Insider Buying and Selling at Janus Henderson Group
In other Janus Henderson Group news, CFO Roger Mj Thompson sold 9,000 shares of Janus Henderson Group stock in a transaction on Thursday, September 12th. The shares were sold at an average price of $35.60, for a total value of $320,400.00. Following the sale, the chief financial officer now directly owns 130,171 shares in the company, valued at approximately $4,634,087.60. The trade was a 6.47 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Company insiders own 20.00% of the company's stock.
Wall Street Analysts Forecast Growth
A number of analysts recently commented on the company. JPMorgan Chase & Co. lifted their price objective on Janus Henderson Group from $38.00 to $39.00 and gave the stock a "neutral" rating in a research report on Friday, August 2nd. TD Cowen lifted their target price on shares of Janus Henderson Group from $46.00 to $50.00 and gave the stock a "buy" rating in a report on Friday, November 1st. StockNews.com downgraded Janus Henderson Group from a "buy" rating to a "hold" rating in a research note on Friday, August 16th. Deutsche Bank Aktiengesellschaft raised their price target on Janus Henderson Group from $42.00 to $44.00 and gave the stock a "hold" rating in a research report on Monday, November 11th. Finally, Morgan Stanley increased their target price on Janus Henderson Group from $39.00 to $42.00 and gave the company an "equal weight" rating in a research note on Friday, October 18th. One research analyst has rated the stock with a sell rating, seven have assigned a hold rating and one has issued a buy rating to the company. According to MarketBeat, the stock presently has an average rating of "Hold" and a consensus price target of $41.75.
View Our Latest Stock Analysis on JHG
Janus Henderson Group Stock Down 0.1 %
Shares of NYSE JHG traded down $0.05 during mid-day trading on Wednesday, reaching $45.27. 539,341 shares of the company's stock were exchanged, compared to its average volume of 1,023,411. Janus Henderson Group plc has a twelve month low of $25.39 and a twelve month high of $45.74. The company has a current ratio of 3.08, a quick ratio of 2.08 and a debt-to-equity ratio of 0.09. The firm has a market capitalization of $7.20 billion, a price-to-earnings ratio of 17.91, a PEG ratio of 0.59 and a beta of 1.49. The business has a fifty day simple moving average of $41.03 and a 200 day simple moving average of $37.09.
Janus Henderson Group (NYSE:JHG - Get Free Report) last announced its quarterly earnings results on Thursday, October 31st. The company reported $0.91 earnings per share for the quarter, beating analysts' consensus estimates 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 quarter in the previous year, the firm posted $0.64 earnings per share. The business's revenue was up 19.9% on a year-over-year basis. As a group, equities analysts expect 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 issued a dividend of $0.39 per share. This represents a $1.56 dividend on an annualized basis and a yield of 3.45%. The ex-dividend date of this dividend is Wednesday, November 27th. Janus Henderson Group's dividend payout ratio (DPR) is presently 61.66%.
Janus Henderson Group Company 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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