Van ECK Associates Corp Acquires 20,915 Shares of Janus Henderson Group plc (NYSE:JHG)

Van ECK Associates Corp lifted its holdings in shares of Janus Henderson Group plc (NYSE:JHG - Free Report) by 38.2% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 75,645 shares of the company's stock after buying an additional 20,915 shares during the period. Van ECK Associates Corp's holdings in Janus Henderson Group were worth $2,975,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Confluence Wealth Services Inc. boosted its position in Janus Henderson Group by 6.2% during the 3rd quarter. Confluence Wealth Services Inc. now owns 31,654 shares of the company's stock worth $1,205,000 after acquiring an additional 1,838 shares during the period. Farther Finance Advisors LLC raised its holdings 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 in the last quarter. Measured Wealth Private Client Group LLC lifted its position in Janus Henderson Group by 12.2% in the third quarter. Measured Wealth Private Client Group LLC now owns 26,635 shares of the company's stock worth $1,014,000 after purchasing an additional 2,897 shares during the period. First Trust Direct Indexing L.P. lifted its position in Janus Henderson Group by 13.4% in the third quarter. First Trust Direct Indexing L.P. now owns 7,638 shares of the company's stock worth $291,000 after purchasing an additional 905 shares during the period. Finally, Nisa Investment Advisors LLC boosted its stake in Janus Henderson Group by 7.0% during the 3rd quarter. Nisa Investment Advisors LLC now owns 24,500 shares of the company's stock valued at $933,000 after purchasing an additional 1,600 shares in the last quarter. 87.94% of the stock is currently owned by institutional investors and hedge funds.

Janus Henderson Group Stock Up 0.9 %

Shares of JHG traded up $0.39 during trading hours on Friday, reaching $44.21. The company's stock had a trading volume of 1,106,715 shares, compared to its average volume of 929,820. The company has a 50 day moving average of $39.02 and a two-hundred day moving average of $35.99. 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 has a market cap of $7.03 billion, a price-to-earnings ratio of 17.47, a P/E/G ratio of 0.59 and a beta of 1.49. Janus Henderson Group plc has a 1-year low of $24.04 and a 1-year high of $44.85.

Janus Henderson Group (NYSE:JHG - Get Free Report) last released its earnings results 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. 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 the consensus estimate of $600.88 million. During the same quarter in the prior year, the firm earned $0.64 EPS. The company's revenue was up 19.9% compared to the same quarter last year. As a group, research analysts predict that Janus Henderson Group plc will post 3.4 EPS for the current fiscal year.

Janus Henderson Group Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, November 27th. Stockholders of record on Wednesday, November 27th will be paid a dividend of $0.39 per share. This represents a $1.56 dividend on an annualized basis and a dividend yield of 3.53%. The ex-dividend date is Wednesday, November 27th. Janus Henderson Group's dividend payout ratio (DPR) is presently 61.66%.

Insider Activity

In related news, CAO Michelle Rosenberg sold 7,651 shares of the firm's stock in a transaction that occurred on Monday, August 19th. The shares were sold at an average price of $36.51, for a total transaction of $279,338.01. Following the transaction, the chief accounting officer now owns 89,048 shares of the company's stock, valued at approximately $3,251,142.48. This trade represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. In other news, CFO Roger Mj Thompson sold 9,000 shares of Janus Henderson Group stock in a transaction that occurred 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 transaction, the chief financial officer now owns 130,171 shares of the company's stock, valued at $4,634,087.60. This trade represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CAO Michelle Rosenberg sold 7,651 shares of the company's stock in a transaction on Monday, August 19th. The stock was sold at an average price of $36.51, for a total transaction of $279,338.01. Following the sale, the chief accounting officer now directly owns 89,048 shares of the company's stock, valued at approximately $3,251,142.48. This represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 25,651 shares of company stock worth $918,158 in the last three months. 19.60% of the stock is owned by insiders.

Wall Street Analysts Forecast Growth

Several analysts have recently weighed in on JHG shares. StockNews.com lowered Janus Henderson Group from a "buy" rating to a "hold" rating in a report on Friday, August 16th. Evercore ISI raised their target price on shares of Janus Henderson Group from $40.00 to $43.00 and gave the stock an "in-line" rating in a report on Thursday. Wells Fargo & Company upped their price target on Janus Henderson Group from $37.00 to $38.00 and gave the company an "equal weight" rating in a report on Wednesday, October 9th. Deutsche Bank Aktiengesellschaft raised their price objective on Janus Henderson Group from $40.00 to $42.00 and gave the stock a "hold" rating in a research note on Friday, November 1st. Finally, JPMorgan Chase & Co. lifted their target price on Janus Henderson Group from $38.00 to $39.00 and gave the stock a "neutral" rating in a report on Friday, August 2nd. One equities 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 stock. According to MarketBeat, the stock has a consensus rating of "Hold" and an average price target of $41.50.

About Janus Henderson Group

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.