Geode Capital Management LLC Purchases 12,884 Shares of Janus Henderson Group plc (NYSE:JHG)

Geode Capital Management LLC raised its holdings in shares of Janus Henderson Group plc (NYSE:JHG - Free Report) by 0.6% in the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 2,124,618 shares of the company's stock after buying an additional 12,884 shares during the quarter. Geode Capital Management LLC owned about 1.34% of Janus Henderson Group worth $80,907,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors have also added to or reduced their stakes in JHG. Quarry LP increased 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 worth $29,000 after purchasing an additional 509 shares during the last quarter. Huntington National Bank increased its holdings in shares of Janus Henderson Group by 24.5% in the 3rd quarter. Huntington National Bank now owns 1,219 shares of the company's stock worth $46,000 after buying an additional 240 shares during the last quarter. Larson Financial Group LLC raised its position in shares of Janus Henderson Group by 401.6% during the 2nd quarter. Larson Financial Group LLC now owns 1,249 shares of the company's stock valued at $42,000 after buying an additional 1,000 shares in the last quarter. Addison Advisors LLC lifted its holdings in shares of Janus Henderson Group by 103.4% during the 3rd 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. Finally, Farther Finance Advisors LLC lifted its stake in Janus Henderson Group by 70.6% during the third quarter. Farther Finance Advisors LLC now owns 1,390 shares of the company's stock worth $53,000 after purchasing an additional 575 shares during the last quarter. 87.94% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

JHG has been the subject of a number of recent research reports. UBS Group boosted their target price on Janus Henderson Group from $37.00 to $41.00 and gave the stock a "neutral" rating in a research report on Tuesday, October 22nd. Morgan Stanley increased their target price on shares of Janus Henderson Group from $46.00 to $48.00 and gave the company an "equal weight" rating in a report on Friday. Evercore ISI boosted 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. Deutsche Bank Aktiengesellschaft boosted their target price on Janus Henderson Group from $42.00 to $44.00 and gave the company a "hold" rating in a research note on Monday, November 11th. Finally, The Goldman Sachs Group boosted their price objective on Janus Henderson Group from $36.00 to $37.00 and gave the company a "sell" rating in a research report on Thursday, October 3rd. One investment analyst has rated the stock with a sell rating, seven have issued a hold rating and one has given a buy rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of "Hold" and a consensus price target of $43.38.

Janus Henderson Group Stock Up 2.0 %

Shares of JHG stock traded up $0.85 during mid-day trading on Friday, reaching $42.55. 3,184,668 shares of the company's stock traded hands, compared to its average volume of 1,035,667. Janus Henderson Group plc has a 12 month low of $28.19 and a 12 month high of $45.74. The company's 50-day moving average price is $43.07 and its 200-day moving average price is $38.31. The company has a market cap of $6.77 billion, a P/E ratio of 16.82, a P/E/G ratio of 0.62 and a beta of 1.48. The company has a quick ratio of 2.08, a current ratio of 3.08 and a debt-to-equity ratio of 0.09.

Janus Henderson Group (NYSE:JHG - Get Free Report) last released its earnings results on Thursday, October 31st. The company reported $0.91 EPS for the quarter, topping analysts' consensus estimates of $0.80 by $0.11. Janus Henderson Group had a return on equity of 11.49% and a net margin of 17.33%. The firm had revenue of $624.80 million for the quarter, compared to analysts' expectations of $600.88 million. The company's quarterly revenue was up 19.9% on a year-over-year basis. During the same period in the prior year, the firm posted $0.64 earnings per share. On average, equities analysts expect that Janus Henderson Group plc will post 3.43 earnings per share for the current fiscal year.

Janus Henderson Group Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, November 27th. Shareholders of record on Wednesday, November 27th were paid a dividend of $0.39 per share. The ex-dividend date of this dividend was Wednesday, November 27th. This represents a $1.56 annualized dividend and a yield of 3.67%. Janus Henderson Group's dividend payout ratio is 61.66%.

Janus Henderson Group 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.