Los Angeles Capital Management LLC increased its position in Janus Henderson Group plc (NYSE:JHG - Free Report) by 34.9% in the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 145,680 shares of the company's stock after acquiring an additional 37,724 shares during the period. Los Angeles Capital Management LLC owned about 0.09% of Janus Henderson Group worth $5,546,000 at the end of the most recent reporting period.
Other large investors have also added to or reduced their stakes in the company. Versant Capital Management Inc bought a new position in shares of Janus Henderson Group during the second quarter worth $34,000. Larson Financial Group LLC grew its position in Janus Henderson Group by 401.6% during the 2nd quarter. Larson Financial Group LLC now owns 1,249 shares of the company's stock worth $42,000 after purchasing an additional 1,000 shares during the period. Farther Finance Advisors LLC increased its holdings in Janus Henderson Group by 70.6% in the third quarter. Farther Finance Advisors LLC now owns 1,390 shares of the company's stock valued at $53,000 after buying an additional 575 shares in the last quarter. Abich Financial Wealth Management LLC raised its position in shares of Janus Henderson Group by 41.9% during the 1st quarter. Abich Financial Wealth Management LLC now owns 1,420 shares of the company's stock worth $47,000 after purchasing an additional 419 shares during the last quarter. Finally, Blue Trust Inc. lifted its stake in shares of Janus Henderson Group by 24.6% in the third quarter. Blue Trust Inc. now owns 2,236 shares of the company's stock worth $85,000 after buying an additional 442 shares in the last quarter. Institutional investors own 87.94% of the company's stock.
Janus Henderson Group Trading Down 1.0 %
NYSE:JHG traded down $0.47 on Tuesday, hitting $44.78. 459,279 shares of the stock were exchanged, compared to its average volume of 1,020,959. The stock has a market cap of $7.12 billion, a PE ratio of 17.89, a PEG ratio of 0.59 and a beta of 1.49. The company has a current ratio of 3.08, a quick ratio of 2.08 and a debt-to-equity ratio of 0.09. Janus Henderson Group plc has a fifty-two week low of $24.04 and a fifty-two week high of $45.45. The stock has a fifty day moving average of $39.17 and a 200-day moving average of $36.12.
Janus Henderson Group (NYSE:JHG - Get Free Report) last announced its earnings results on Thursday, October 31st. The company reported $0.91 earnings per share for the quarter, beating 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 business had revenue of $624.80 million during the quarter, compared to the consensus estimate of $600.88 million. During the same period in the prior year, the firm earned $0.64 earnings per share. The business's quarterly revenue was up 19.9% compared to the same quarter last year. As a group, equities analysts expect that Janus Henderson Group plc will post 3.4 earnings per share for the current fiscal year.
Janus Henderson Group Dividend Announcement
The firm also recently declared a quarterly dividend, which will be paid on Wednesday, November 27th. Stockholders of record on Wednesday, November 27th will be given a $0.39 dividend. The ex-dividend date is Wednesday, November 27th. This represents a $1.56 dividend on an annualized basis and a dividend yield of 3.48%. Janus Henderson Group's payout ratio is currently 61.66%.
Insiders Place Their Bets
In other news, CFO Roger Mj Thompson sold 9,000 shares of the company's stock in a transaction dated Tuesday, September 10th. The shares were sold at an average price of $35.38, for a total transaction of $318,420.00. Following the completion of the transaction, the chief financial officer now owns 139,171 shares in the company, valued at approximately $4,923,869.98. This represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. In related news, CFO Roger Mj Thompson sold 9,000 shares of Janus Henderson Group stock in a transaction dated Tuesday, September 10th. The stock was sold at an average price of $35.38, for a total value of $318,420.00. Following the transaction, the chief financial officer now owns 139,171 shares of the company's stock, valued at approximately $4,923,869.98. This trade represents a 0.00 % decrease in their position. The sale 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 firm's stock in a transaction that occurred 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 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 have sold 25,651 shares of company stock valued at $918,158 over the last quarter. Insiders own 19.60% of the company's stock.
Wall Street Analyst Weigh In
Several brokerages have recently commented on JHG. Morgan Stanley upped their price objective on shares of Janus Henderson Group from $39.00 to $42.00 and gave the stock an "equal weight" rating in a report on Friday, October 18th. Evercore ISI upped 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. TD Cowen raised their price objective on Janus Henderson Group from $46.00 to $50.00 and gave the company a "buy" rating in a research note on Friday, November 1st. The Goldman Sachs Group lifted their target price on shares of Janus Henderson Group from $36.00 to $37.00 and gave the stock a "sell" rating in a research report on Thursday, October 3rd. Finally, Wells Fargo & Company increased their price objective on Janus Henderson Group from $37.00 to $38.00 and gave the company an "equal weight" rating in a research note on Wednesday, October 9th. One analyst has rated the stock with a sell rating, seven have assigned a hold rating and one has given a buy rating to the company. Based on data from MarketBeat, the company has a consensus rating of "Hold" and an average target price of $41.75.
View Our Latest Report on Janus Henderson Group
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.
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