Point72 DIFC Ltd purchased a new stake in Janus Henderson Group plc (NYSE:JHG - Free Report) in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 29,342 shares of the company's stock, valued at approximately $1,117,000.
A number of other hedge funds have also recently bought and sold shares of JHG. Jane Street Group LLC boosted its holdings in Janus Henderson Group by 536.7% in the 1st quarter. Jane Street Group LLC now owns 151,875 shares of the company's stock valued at $4,995,000 after purchasing an additional 128,021 shares during the period. Cetera Advisors LLC boosted its holdings in Janus Henderson Group by 140.8% in the 1st quarter. Cetera Advisors LLC now owns 16,510 shares of the company's stock valued at $543,000 after purchasing an additional 9,655 shares during the period. GAMMA Investing LLC boosted its holdings in Janus Henderson Group by 159.6% in the 2nd quarter. GAMMA Investing LLC now owns 2,440 shares of the company's stock valued at $82,000 after purchasing an additional 1,500 shares during the period. OLD National Bancorp IN boosted its holdings in Janus Henderson Group by 3.8% in the 2nd quarter. OLD National Bancorp IN now owns 201,885 shares of the company's stock valued at $6,806,000 after purchasing an additional 7,308 shares during the period. Finally, SG Americas Securities LLC boosted its holdings in Janus Henderson Group by 9.7% in the 2nd quarter. SG Americas Securities LLC now owns 20,579 shares of the company's stock valued at $694,000 after purchasing an additional 1,828 shares during the period. 87.94% of the stock is owned by institutional investors.
Insider Activity
In related news, CFO Roger Mj Thompson sold 9,000 shares of Janus Henderson Group stock in a transaction that occurred on Tuesday, September 10th. The shares were sold at an average price of $35.38, for a total transaction of $318,420.00. Following the transaction, the chief financial officer now owns 139,171 shares of the company's stock, valued at $4,923,869.98. This trade represents a 6.07 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Insiders own 19.60% of the company's stock.
Analyst Ratings Changes
A number of analysts have weighed in on the stock. Wells Fargo & Company increased their price target on shares of Janus Henderson Group from $37.00 to $38.00 and gave the company an "equal weight" rating in a report on Wednesday, October 9th. TD Cowen increased their price objective on shares of 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 increased their price objective on shares of Janus Henderson Group from $36.00 to $37.00 and gave the company a "sell" rating in a research note on Thursday, October 3rd. Morgan Stanley increased 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. Finally, Deutsche Bank Aktiengesellschaft increased their target price on shares of Janus Henderson Group from $42.00 to $44.00 and gave the stock a "hold" rating in a research report on Monday, November 11th. One research 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.com, Janus Henderson Group currently has an average rating of "Hold" and an average price target of $41.75.
View Our Latest Research Report on Janus Henderson Group
Janus Henderson Group Price Performance
JHG traded down $0.06 during midday trading on Thursday, hitting $44.58. The company had a trading volume of 955,804 shares, compared to its average volume of 1,027,787. 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 has a market capitalization of $7.09 billion, a PE ratio of 17.62, a P/E/G ratio of 0.58 and a beta of 1.48. Janus Henderson Group plc has a twelve month low of $26.63 and a twelve month high of $45.74. The firm's 50-day simple moving average is $41.97 and its 200-day simple moving average is $37.58.
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, beating the consensus estimate of $0.80 by $0.11. The firm had revenue of $624.80 million during the quarter, compared to analysts' expectations of $600.88 million. Janus Henderson Group had a net margin of 17.33% and a return on equity of 11.49%. The company's quarterly revenue was up 19.9% compared to the same quarter last year. During the same quarter last year, the company posted $0.64 EPS. Equities research analysts predict that Janus Henderson Group plc will post 3.43 EPS for the current fiscal year.
Janus Henderson Group Announces Dividend
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 $0.39 dividend. This represents a $1.56 annualized dividend and a dividend yield of 3.50%. The ex-dividend date of this dividend was Wednesday, November 27th. Janus Henderson Group's dividend payout ratio (DPR) is presently 61.66%.
Janus Henderson Group Profile
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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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