Intech Investment Management LLC Takes $3.97 Million Position in Janus Henderson Group plc (NYSE:JHG)

Intech Investment Management LLC purchased a new position in Janus Henderson Group plc (NYSE:JHG - Free Report) in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund purchased 104,311 shares of the company's stock, valued at approximately $3,971,000. Intech Investment Management LLC owned about 0.07% of Janus Henderson Group as of its most recent SEC filing.

Other institutional investors also recently made changes to their positions in the company. Versant Capital Management Inc purchased a new stake in shares of Janus Henderson Group in the second quarter valued at $34,000. Larson Financial Group LLC grew its position in shares of Janus Henderson Group by 401.6% in the second 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 grew its position in shares of Janus Henderson Group by 24.5% in the third quarter. Huntington National Bank now owns 1,219 shares of the company's stock valued at $46,000 after purchasing an additional 240 shares during the period. Abich Financial Wealth Management LLC grew its position in shares of Janus Henderson Group by 41.9% in the first quarter. Abich Financial Wealth Management LLC now owns 1,420 shares of the company's stock valued at $47,000 after purchasing an additional 419 shares during the period. Finally, Addison Advisors LLC grew its position 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 valued at $48,000 after purchasing an additional 642 shares during the period. 87.94% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of equities research analysts have issued reports on the company. The Goldman Sachs Group boosted their price target 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. Morgan Stanley upped their target price 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 stock an "equal weight" rating in a research note on Wednesday, October 9th. Evercore ISI boosted their price target on 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. Finally, StockNews.com cut Janus Henderson Group from a "buy" rating to a "hold" rating in a research note on Friday, August 16th. One research analyst has rated the stock with a sell rating, seven have assigned a hold rating and one has assigned a buy rating to the stock. According to data from MarketBeat.com, Janus Henderson Group has an average rating of "Hold" and an average price target of $41.75.

Insider Buying and Selling

In other news, CFO Roger Mj Thompson sold 9,000 shares of the business's 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 completion of the transaction, the chief financial officer now owns 130,171 shares of the company's stock, valued at $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 available at this hyperlink. 19.60% of the stock is currently owned by corporate insiders.

Janus Henderson Group Stock Performance

Shares of Janus Henderson Group stock traded up $0.44 during trading on Friday, reaching $45.17. The company's stock had a trading volume of 1,174,690 shares, compared to its average volume of 1,045,315. The company has a debt-to-equity ratio of 0.09, a quick ratio of 2.08 and a current ratio of 3.08. The business's fifty day moving average price is $40.71 and its 200-day moving average price is $36.86. The firm has a market cap of $7.18 billion, a price-to-earnings ratio of 17.85, a price-to-earnings-growth ratio of 0.59 and a beta of 1.49. Janus Henderson Group plc has a one year low of $25.39 and a one year high of $45.67.

Janus Henderson Group (NYSE:JHG - Get Free Report) last posted its quarterly earnings data on Thursday, October 31st. The company reported $0.91 earnings per share for the quarter, topping 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 company had revenue of $624.80 million during the quarter, compared to analyst estimates of $600.88 million. During the same quarter last year, the business posted $0.64 earnings per share. The company's revenue was up 19.9% on a year-over-year basis. As a group, equities research analysts predict that Janus Henderson Group plc will post 3.43 earnings per share for the current year.

Janus Henderson Group Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, November 27th. Investors 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 (DPR) is presently 61.66%.

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.