Frank Rimerman Advisors LLC Invests $812,000 in Janus Henderson Group plc (NYSE:JHG)

Frank Rimerman Advisors LLC acquired a new stake in shares of Janus Henderson Group plc (NYSE:JHG) during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm acquired 24,094 shares of the company’s stock, valued at approximately $812,000.

Other institutional investors have also recently added to or reduced their stakes in the company. Ensign Peak Advisors Inc increased its position in shares of Janus Henderson Group by 68.6% during the 2nd quarter. Ensign Peak Advisors Inc now owns 68,258 shares of the company’s stock valued at $2,301,000 after purchasing an additional 27,780 shares during the period. Sei Investments Co. raised its position in Janus Henderson Group by 4.2% in the second quarter. Sei Investments Co. now owns 43,431 shares of the company’s stock worth $1,464,000 after acquiring an additional 1,745 shares in the last quarter. Hsbc Holdings PLC raised its position in Janus Henderson Group by 15.4% in the second quarter. Hsbc Holdings PLC now owns 28,039 shares of the company’s stock worth $945,000 after acquiring an additional 3,740 shares in the last quarter. Vanguard Personalized Indexing Management LLC lifted its holdings in Janus Henderson Group by 11.6% in the 2nd quarter. Vanguard Personalized Indexing Management LLC now owns 55,516 shares of the company’s stock valued at $1,867,000 after acquiring an additional 5,754 shares during the last quarter. Finally, Mercer Global Advisors Inc. ADV boosted its position in shares of Janus Henderson Group by 2.0% during the 2nd quarter. Mercer Global Advisors Inc. ADV now owns 28,394 shares of the company’s stock valued at $957,000 after purchasing an additional 562 shares in the last quarter. 87.94% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity

In related 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 sale, the chief financial officer now directly owns 130,171 shares in the company, valued at $4,634,087.60. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. In other Janus Henderson Group news, CFO Roger Mj Thompson sold 9,000 shares of the company’s stock in a transaction dated Thursday, September 12th. The stock was sold at an average price of $35.60, for a total value of $320,400.00. Following the transaction, the chief financial officer now directly owns 130,171 shares of the company’s stock, valued at approximately $4,634,087.60. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, major shareholder Henderson Group Plc Janus purchased 166,042 shares of the business’s stock in a transaction dated Wednesday, July 3rd. The shares were purchased at an average cost of $3.55 per share, with a total value of $589,449.10. Following the completion of the purchase, the insider now directly owns 1,648,577 shares in the company, valued at $5,852,448.35. The disclosure for this purchase can be found here. In the last ninety days, insiders have purchased 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 corporate insiders.

Analyst Upgrades and Downgrades

A number of analysts recently commented on JHG shares. JPMorgan Chase & Co. boosted their target price on shares of Janus Henderson Group from $38.00 to $39.00 and gave the stock a “neutral” rating in a report on Friday, August 2nd. UBS Group upgraded Janus Henderson Group from a “sell” rating to a “neutral” rating and increased their price objective for the company from $33.00 to $37.00 in a research report on Monday, September 9th. Wells Fargo & Company began coverage on Janus Henderson Group in a report on Thursday, September 12th. They issued an “equal weight” rating and a $37.00 target price on the stock. Deutsche Bank Aktiengesellschaft boosted their target price on Janus Henderson Group from $36.00 to $37.00 and gave the stock a “hold” rating in a research report on Thursday, August 15th. Finally, StockNews.com lowered Janus Henderson Group from a “buy” rating to a “hold” rating in a research report on Friday, August 16th. One equities research analyst has rated the stock with a sell rating, seven have issued a hold rating and two have issued a buy rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Hold” and a consensus target price of $33.33.

Janus Henderson Group Stock Up 0.5 %

Shares of Janus Henderson Group stock opened at $38.39 on Tuesday. Janus Henderson Group plc has a 1 year low of $22.17 and a 1 year high of $39.11. The company has a market cap of $6.16 billion, a P/E ratio of 14.49, a P/E/G ratio of 0.74 and a beta of 1.51. 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 stock has a 50-day moving average price of $36.25 and a 200 day moving average price of $34.07.

Janus Henderson Group (NYSE:JHG) last issued its earnings results on Thursday, August 1st. The company reported $0.85 earnings per share for the quarter, beating analysts’ consensus estimates of $0.74 by $0.11. The company had revenue of $588.40 million for the quarter, compared to the consensus estimate of $568.79 million. Janus Henderson Group had a return on equity of 10.76% and a net margin of 21.02%. The firm’s quarterly revenue was up 13.9% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.62 EPS. As a group, analysts expect that Janus Henderson Group plc will post 3.23 EPS for the current fiscal year.

Janus Henderson Group Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, August 28th. Shareholders of record on Monday, August 12th were paid a dividend of $0.39 per share. This represents a $1.56 dividend on an annualized basis and a dividend yield of 4.06%. The ex-dividend date of this dividend was Monday, August 12th. Janus Henderson Group’s dividend payout ratio (DPR) is currently 58.87%.

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.