Vestcor Inc Makes New Investment in Janus Henderson Group plc (NYSE:JHG)

Vestcor Inc purchased a new stake in shares of Janus Henderson Group plc (NYSE:JHG - Free Report) in the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor purchased 16,111 shares of the company's stock, valued at approximately $613,000.

A number of other large investors have also added to or reduced their stakes in the company. Millennium Management LLC raised its holdings in Janus Henderson Group by 43.5% in the 2nd quarter. Millennium Management LLC now owns 5,968,705 shares of the company's stock worth $201,205,000 after purchasing an additional 1,809,249 shares in the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its stake in Janus Henderson Group by 350.9% in the third 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 buying an additional 827,132 shares in the last quarter. AQR Capital Management LLC raised its stake in Janus Henderson Group by 64.5% in the second quarter. AQR Capital Management LLC now owns 1,206,684 shares of the company's stock worth $40,677,000 after buying an additional 473,308 shares in the last quarter. Principal Financial Group Inc. lifted its holdings in Janus Henderson Group by 28.9% in the third quarter. Principal Financial Group Inc. now owns 2,081,630 shares of the company's stock worth $79,248,000 after buying an additional 467,049 shares during the period. Finally, Dimensional Fund Advisors LP boosted its position in Janus Henderson Group by 4.4% during the 2nd quarter. Dimensional Fund Advisors LP now owns 8,090,743 shares of the company's stock valued at $272,741,000 after acquiring an additional 344,582 shares in the last quarter. Institutional investors own 87.94% of the company's stock.

Janus Henderson Group Stock Down 0.2 %

Shares of Janus Henderson Group stock traded down $0.08 on Friday, reaching $44.07. The company's stock had a trading volume of 1,317,124 shares, compared to its average volume of 1,027,011. The company has a market capitalization of $7.01 billion, a price-to-earnings ratio of 17.40, a P/E/G ratio of 0.58 and a beta of 1.48. The company has a quick ratio of 2.08, a current ratio of 3.08 and a debt-to-equity ratio of 0.09. Janus Henderson Group plc has a 52 week low of $28.19 and a 52 week high of $45.74. The firm's fifty day simple moving average is $42.59 and its two-hundred day simple moving average is $37.92.

Janus Henderson Group (NYSE:JHG - Get Free Report) last released its quarterly earnings data on Thursday, October 31st. The company reported $0.91 EPS for the quarter, topping the consensus estimate of $0.80 by $0.11. The company 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%. Janus Henderson Group's revenue for the quarter was up 19.9% on a year-over-year basis. During the same period last year, the company earned $0.64 EPS. Equities analysts anticipate that Janus Henderson Group plc will post 3.43 earnings per share for the current 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 issued a $0.39 dividend. This represents a $1.56 annualized dividend and a yield of 3.54%. The ex-dividend date was Wednesday, November 27th. Janus Henderson Group's dividend payout ratio is currently 61.66%.

Analyst Upgrades and Downgrades

A number of research analysts have recently commented on JHG shares. StockNews.com cut Janus Henderson Group from a "buy" rating to a "hold" rating in a research note on Friday, August 16th. Morgan Stanley raised their price objective on Janus Henderson Group from $39.00 to $42.00 and gave the company an "equal weight" rating in a research report on Friday, October 18th. Wells Fargo & Company upped their target price on shares of Janus Henderson Group from $41.00 to $45.00 and gave the stock an "equal weight" rating in a research report on Thursday. UBS Group lifted their price target on shares of Janus Henderson Group from $37.00 to $41.00 and gave the company a "neutral" rating in a research report on Tuesday, October 22nd. Finally, TD Cowen upped their price objective on shares of Janus Henderson Group from $46.00 to $50.00 and gave the stock a "buy" rating in a report on Friday, November 1st. One investment analyst has rated the stock with a sell rating, seven have assigned a hold rating and one has assigned a buy rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of "Hold" and a consensus target price of $42.63.

Janus Henderson Group Company 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.