Point72 Asset Management L.P. Acquires 61,974 Shares of Janus Henderson Group plc (NYSE:JHG)

Point72 Asset Management L.P. increased its holdings in shares of Janus Henderson Group plc (NYSE:JHG - Free Report) by 15.1% in the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 472,900 shares of the company's stock after buying an additional 61,974 shares during the quarter. Point72 Asset Management L.P. owned 0.30% of Janus Henderson Group worth $18,003,000 at the end of the most recent reporting period.

Several other large investors have also bought and sold shares of the business. Huntington National Bank increased its holdings in shares of Janus Henderson Group by 24.5% during the third quarter. Huntington National Bank now owns 1,219 shares of the company's stock worth $46,000 after buying an additional 240 shares in the last quarter. Miller Howard Investments Inc. NY increased 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 worth $402,000 after purchasing an additional 282 shares in the last quarter. Abich Financial Wealth Management LLC raised its position in Janus Henderson Group by 26.5% in the second quarter. Abich Financial Wealth Management LLC now owns 1,797 shares of the company's stock valued at $61,000 after purchasing an additional 377 shares during the last quarter. GAMMA Investing LLC raised its position in Janus Henderson Group by 15.7% in the third quarter. GAMMA Investing LLC now owns 2,822 shares of the company's stock valued at $107,000 after purchasing an additional 382 shares during the last quarter. Finally, Graypoint LLC boosted its stake in shares of Janus Henderson Group by 4.2% during the second quarter. Graypoint LLC now owns 10,221 shares of the company's stock valued at $345,000 after purchasing an additional 410 shares in the last quarter. 87.94% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of research analysts recently issued reports on the stock. StockNews.com lowered shares of Janus Henderson Group from a "buy" rating to a "hold" rating in a report on Friday, August 16th. Evercore ISI raised their price target on shares of Janus Henderson Group from $40.00 to $43.00 and gave the company an "in-line" rating in a research note on Thursday, November 7th. TD Cowen boosted their price objective on shares of Janus Henderson Group from $46.00 to $50.00 and gave the stock a "buy" rating in a research note on Friday, November 1st. The Goldman Sachs Group increased their price objective on Janus Henderson Group from $36.00 to $37.00 and gave the company a "sell" rating in a report on Thursday, October 3rd. Finally, 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 research report on Wednesday, October 9th. One analyst has rated the stock with a sell rating, seven have issued a hold rating and one has assigned a buy rating to the company. According to MarketBeat, Janus Henderson Group presently has a consensus rating of "Hold" and a consensus target price of $41.75.

Insider Buying and Selling

In related news, CFO Roger Mj Thompson sold 9,000 shares of the business's 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 completion of the sale, the chief financial officer now directly owns 139,171 shares of the company's stock, valued at $4,923,869.98. The trade was a 6.07 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available at the SEC website. 19.60% of the stock is owned by insiders.

Janus Henderson Group Trading Down 0.5 %

Shares of JHG stock traded down $0.22 during mid-day trading on Friday, hitting $44.36. The company's stock had a trading volume of 1,069,272 shares, compared to its average volume of 1,022,188. The company has a market cap of $7.05 billion, a PE ratio of 17.53, a P/E/G ratio of 0.59 and a beta of 1.48. 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 company's fifty day simple moving average is $42.09 and its 200-day simple moving average is $37.65. Janus Henderson Group plc has a 52 week low of $26.70 and a 52 week high of $45.74.

Janus Henderson Group (NYSE:JHG - Get Free Report) last issued its earnings results on Thursday, October 31st. The company reported $0.91 earnings per share for the quarter, topping analysts' consensus estimates of $0.80 by $0.11. The business had revenue of $624.80 million during the quarter, compared to the consensus estimate of $600.88 million. Janus Henderson Group had a return on equity of 11.49% and a net margin of 17.33%. The firm's revenue for the quarter was up 19.9% on a year-over-year basis. During the same period in the previous year, the company posted $0.64 earnings per share. As a group, equities research 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 business also recently announced a quarterly dividend, which was paid on Wednesday, November 27th. Investors of record on Wednesday, November 27th were given a dividend of $0.39 per share. The ex-dividend date was Wednesday, November 27th. This represents a $1.56 dividend on an annualized basis and a dividend yield of 3.52%. Janus Henderson Group's payout ratio is presently 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.