Point72 Hong Kong Ltd grew its position in shares of Janus Henderson Group plc (NYSE:JHG - Free Report) by 93.5% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 28,062 shares of the company's stock after purchasing an additional 13,559 shares during the quarter. Point72 Hong Kong Ltd's holdings in Janus Henderson Group were worth $1,068,000 as of its most recent SEC filing.
A number of other hedge funds have also recently made changes to their positions in the company. Verition Fund Management LLC lifted its position in shares of Janus Henderson Group by 156.1% in the 3rd quarter. Verition Fund Management LLC now owns 24,505 shares of the company's stock worth $933,000 after purchasing an additional 14,935 shares during the period. Captrust Financial Advisors acquired a new position in Janus Henderson Group in the third quarter valued at $308,000. PEAK6 Investments LLC bought a new stake in Janus Henderson Group during the third quarter valued at $232,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its holdings in Janus Henderson Group by 350.9% during the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 1,062,869 shares of the company's stock worth $40,463,000 after acquiring an additional 827,132 shares during the period. Finally, Bridgewater Associates LP bought a new position in shares of Janus Henderson Group in the 3rd quarter worth about $328,000. 87.94% of the stock is owned by institutional investors and hedge funds.
Janus Henderson Group Stock Down 1.1 %
NYSE JHG traded down $0.49 on Monday, reaching $44.79. The company had a trading volume of 313,091 shares, compared to its average volume of 1,020,266. The stock has a market capitalization of $7.12 billion, a P/E ratio of 17.90, a P/E/G ratio of 0.59 and a beta of 1.49. 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 company's fifty day moving average is $41.46 and its 200 day moving average is $37.33. Janus Henderson Group plc has a 52-week low of $26.30 and a 52-week high of $45.74.
Janus Henderson Group (NYSE:JHG - Get Free Report) last announced its quarterly earnings data on Thursday, October 31st. The company reported $0.91 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.80 by $0.11. The firm 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 business's revenue for the quarter was up 19.9% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.64 EPS. Sell-side analysts anticipate 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 disclosed a quarterly dividend, which was paid on Wednesday, November 27th. Shareholders of record on Wednesday, November 27th were paid a $0.39 dividend. The ex-dividend date was Wednesday, November 27th. This represents a $1.56 dividend on an annualized basis and a yield of 3.48%. Janus Henderson Group's dividend payout ratio (DPR) is presently 61.66%.
Wall Street Analysts Forecast Growth
Several analysts have recently weighed in on the stock. Deutsche Bank Aktiengesellschaft lifted their price objective on shares of Janus Henderson Group from $42.00 to $44.00 and gave the company a "hold" rating in a research note on Monday, November 11th. Wells Fargo & Company increased their price objective on shares of Janus Henderson Group from $37.00 to $38.00 and gave the stock an "equal weight" rating in a research report on Wednesday, October 9th. StockNews.com lowered Janus Henderson Group from a "buy" rating to a "hold" rating in a research report on Friday, August 16th. The Goldman Sachs Group increased their price target on Janus Henderson Group from $36.00 to $37.00 and gave the stock a "sell" rating in a report on Thursday, October 3rd. Finally, Evercore ISI upped their target price on Janus Henderson Group from $40.00 to $43.00 and gave the stock an "in-line" rating in a research report on Thursday, November 7th. One equities research analyst has rated the stock with a sell rating, seven have given a hold rating and one has assigned a buy rating to the company's stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Hold" and a consensus price target of $41.75.
View Our Latest Report on Janus Henderson Group
Insider Buying and Selling at Janus Henderson Group
In other news, CFO Roger Mj Thompson sold 9,000 shares of the stock in a transaction on Thursday, September 12th. The stock was sold at an average price of $35.60, for a total transaction of $320,400.00. Following the completion of the transaction, the chief financial officer now owns 130,171 shares in the company, valued at approximately $4,634,087.60. This represents a 6.47 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Corporate insiders own 19.60% of the company's stock.
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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