Verition Fund Management LLC lifted its position in shares of Janus Henderson Group plc (NYSE:JHG - Free Report) by 156.1% during the 3rd quarter, according to its most recent disclosure with the SEC. The firm owned 24,505 shares of the company's stock after buying an additional 14,935 shares during the period. Verition Fund Management LLC's holdings in Janus Henderson Group were worth $933,000 as of its most recent SEC filing.
Several other institutional investors and hedge funds have also modified their holdings of JHG. Cetera Advisors LLC lifted its stake in shares of Janus Henderson Group by 140.8% during the 1st quarter. Cetera Advisors LLC now owns 16,510 shares of the company's stock worth $543,000 after purchasing an additional 9,655 shares during the period. SG Americas Securities LLC lifted its position in Janus Henderson Group by 9.7% during the second quarter. SG Americas Securities LLC now owns 20,579 shares of the company's stock worth $694,000 after buying an additional 1,828 shares during the period. Nisa Investment Advisors LLC boosted its stake in Janus Henderson Group by 257.8% in the 2nd quarter. Nisa Investment Advisors LLC now owns 22,900 shares of the company's stock worth $772,000 after buying an additional 16,500 shares during the last quarter. Summit Global Investments grew its holdings in Janus Henderson Group by 247.7% in the 2nd quarter. Summit Global Investments now owns 25,835 shares of the company's stock valued at $871,000 after buying an additional 18,405 shares during the period. Finally, Miller Howard Investments Inc. NY grew its holdings in Janus Henderson Group by 2.4% in the 2nd quarter. Miller Howard Investments Inc. NY now owns 11,928 shares of the company's stock valued at $402,000 after buying an additional 282 shares during the period. Hedge funds and other institutional investors own 87.94% of the company's stock.
Insider Transactions at Janus Henderson Group
In other Janus Henderson Group news, CFO Roger Mj Thompson sold 9,000 shares of the firm's stock in a transaction that occurred on Tuesday, September 10th. The stock was sold at an average price of $35.38, for a total transaction of $318,420.00. Following the completion of the sale, the chief financial officer now owns 139,171 shares in the company, valued at $4,923,869.98. This trade represents a 6.07 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Corporate insiders own 20.00% of the company's stock.
Janus Henderson Group Stock Down 0.9 %
Shares of NYSE JHG traded down $0.42 on Monday, hitting $43.94. The company had a trading volume of 852,229 shares, compared to its average volume of 1,027,221. 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 plc has a 12-month low of $27.23 and a 12-month high of $45.74. The firm has a market capitalization of $6.99 billion, a P/E ratio of 17.37, a PEG ratio of 0.58 and a beta of 1.49. The business has a 50 day moving average of $42.21 and a two-hundred day moving average of $37.76.
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. The company had revenue of $624.80 million during the quarter, compared to the consensus estimate of $600.88 million. Janus Henderson Group had a net margin of 17.33% and a return on equity of 11.49%. Janus Henderson Group's revenue for the quarter was up 19.9% on a year-over-year basis. During the same quarter last year, the company earned $0.64 earnings per share. As a group, equities research analysts forecast that Janus Henderson Group plc will post 3.43 earnings per share for the current fiscal year.
Janus Henderson Group Dividend Announcement
The firm also recently announced a quarterly dividend, which was paid on Wednesday, November 27th. Stockholders 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 dividend yield of 3.55%. Janus Henderson Group's dividend payout ratio is presently 61.66%.
Analysts Set New Price Targets
Several research firms recently issued reports on JHG. UBS Group raised their target price on shares of Janus Henderson Group from $37.00 to $41.00 and gave the stock a "neutral" rating in a research report on Tuesday, October 22nd. The Goldman Sachs Group lifted their price target on shares of Janus Henderson Group from $36.00 to $37.00 and gave the company a "sell" rating in a report on Thursday, October 3rd. Morgan Stanley boosted 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 research note on Friday, October 18th. Deutsche Bank Aktiengesellschaft lifted their target price on Janus Henderson Group from $42.00 to $44.00 and gave the company a "hold" rating in a report on Monday, November 11th. Finally, Evercore ISI boosted their price target on Janus Henderson Group from $40.00 to $43.00 and gave the company an "in-line" rating in a research report on Thursday, November 7th. 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. Based on data from MarketBeat, the stock presently has a consensus rating of "Hold" and an average target price of $41.75.
Get Our Latest Research Report on JHG
About Janus Henderson Group
(
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.
Further Reading
Before you consider Janus Henderson Group, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Janus Henderson Group wasn't on the list.
While Janus Henderson Group currently has a "Hold" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Wondering what the next stocks will be that hit it big, with solid fundamentals? Click the link below to learn more about how your portfolio could bloom.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.