Choreo LLC Invests $414,000 in Janus Henderson Group plc (NYSE:JHG)

Choreo LLC purchased a new position in shares of Janus Henderson Group plc (NYSE:JHG) during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 12,331 shares of the company’s stock, valued at approximately $414,000.

Several other hedge funds have also made changes to their positions in the business. Vanguard Group Inc. lifted its position in shares of Janus Henderson Group by 0.5% during the first quarter. Vanguard Group Inc. now owns 13,652,673 shares of the company’s stock worth $449,036,000 after purchasing an additional 71,753 shares in the last quarter. Capital Research Global Investors raised its holdings in Janus Henderson Group by 1.2% in the first quarter. Capital Research Global Investors now owns 8,831,148 shares of the company’s stock valued at $290,456,000 after acquiring an additional 103,341 shares in the last quarter. Norges Bank acquired a new stake in Janus Henderson Group in the fourth quarter valued at approximately $20,791,000. Hotchkis & Wiley Capital Management LLC raised its holdings in Janus Henderson Group by 2.4% in the fourth quarter. Hotchkis & Wiley Capital Management LLC now owns 421,790 shares of the company’s stock valued at $12,717,000 after acquiring an additional 9,940 shares in the last quarter. Finally, Jacobs Levy Equity Management Inc. raised its holdings in Janus Henderson Group by 124.5% in the first quarter. Jacobs Levy Equity Management Inc. now owns 327,393 shares of the company’s stock valued at $10,768,000 after acquiring an additional 181,587 shares in the last quarter. Institutional investors and hedge funds own 87.94% of the company’s stock.

Insider Activity at Janus Henderson Group

In other news, major shareholder Henderson Group Plc Janus acquired 28,326 shares of the stock in a transaction that occurred on Friday, July 5th. The shares were purchased at an average cost of $3.43 per share, for a total transaction of $97,158.18. Following the transaction, the insider now directly owns 1,676,903 shares in the company, valued at approximately $5,751,777.29. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. In other Janus Henderson Group news, CFO Roger Mj Thompson sold 9,000 shares of the firm’s stock in a transaction on 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 owns 139,171 shares of the company’s stock, valued at $4,923,869.98. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. Also, major shareholder Henderson Group Plc Janus bought 28,326 shares of Janus Henderson Group stock in a transaction on Friday, July 5th. The stock was acquired at an average cost of $3.43 per share, with a total value of $97,158.18. Following the acquisition, the insider now owns 1,676,903 shares of the company’s stock, valued at approximately $5,751,777.29. The disclosure for this purchase can be found here. In the last three months, insiders have bought 492,997 shares of company stock worth $1,667,418 and have sold 25,651 shares worth $918,158. 19.60% of the stock is currently owned by insiders.

Janus Henderson Group Stock Performance

Shares of JHG opened at $36.87 on Tuesday. The company has a current ratio of 4.05, a quick ratio of 2.67 and a debt-to-equity ratio of 0.07. The firm has a market cap of $5.87 billion, a PE ratio of 13.91, a price-to-earnings-growth ratio of 0.72 and a beta of 1.51. The company’s 50 day simple moving average is $35.96 and its 200-day simple moving average is $33.86. Janus Henderson Group plc has a 12-month low of $22.17 and a 12-month high of $39.11.

Janus Henderson Group (NYSE:JHG) last announced its earnings results on Thursday, August 1st. The company reported $0.85 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.74 by $0.11. The business had revenue of $588.40 million for the quarter, compared to analyst estimates of $568.79 million. Janus Henderson Group had a net margin of 21.02% and a return on equity of 10.76%. The company’s revenue for the quarter was up 13.9% compared to the same quarter last year. During the same period last year, the firm posted $0.62 earnings per share. As a group, equities analysts predict that Janus Henderson Group plc will post 3.23 EPS for the current year.

Janus Henderson Group Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, August 28th. Investors of record on Monday, August 12th were given a $0.39 dividend. The ex-dividend date was Monday, August 12th. This represents a $1.56 dividend on an annualized basis and a yield of 4.23%. Janus Henderson Group’s dividend payout ratio (DPR) is 58.87%.

Analyst Upgrades and Downgrades

Several brokerages recently weighed in on JHG. StockNews.com cut shares of Janus Henderson Group from a “buy” rating to a “hold” rating in a report on Friday, August 16th. JPMorgan Chase & Co. increased their price target on shares of Janus Henderson Group from $38.00 to $39.00 and gave the company a “neutral” rating in a research note on Friday, August 2nd. UBS Group upgraded shares of Janus Henderson Group from a “sell” rating to a “neutral” rating and increased their price target for the company from $33.00 to $37.00 in a research note on Monday, September 9th. Wells Fargo & Company assumed coverage on shares of Janus Henderson Group in a research note on Thursday, September 12th. They issued an “equal weight” rating and a $37.00 price target on the stock. Finally, TD Cowen increased their price target on shares of Janus Henderson Group from $37.00 to $38.00 and gave the company a “buy” rating in a research note on Monday, July 8th. One analyst has rated the stock with a sell rating, seven have assigned a hold rating and two have given a buy rating to the company. According to MarketBeat.com, Janus Henderson Group presently has a consensus rating of “Hold” and a consensus price target of $33.33.

About Janus Henderson Group

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.