Park Avenue Securities LLC Has $1.05 Million Stock Position in Janus Henderson Group plc (NYSE:JHG)

Park Avenue Securities LLC raised its holdings in shares of Janus Henderson Group plc (NYSE:JHG) by 87.9% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 27,601 shares of the company’s stock after buying an additional 12,910 shares during the quarter. Park Avenue Securities LLC’s holdings in Janus Henderson Group were worth $1,051,000 as of its most recent SEC filing.

Other large investors also recently modified their holdings of the company. Miller Howard Investments Inc. NY increased its position in Janus Henderson Group by 2.4% during the second quarter. Miller Howard Investments Inc. NY now owns 11,928 shares of the company’s stock worth $402,000 after acquiring an additional 282 shares during the period. Greenwood Capital Associates LLC grew its position in Janus Henderson Group by 0.8% in the 4th quarter. Greenwood Capital Associates LLC now owns 45,635 shares of the company’s stock worth $1,376,000 after purchasing an additional 350 shares during the last quarter. Abich Financial Wealth Management LLC increased its holdings in shares of Janus Henderson Group by 26.5% during the 2nd quarter. Abich Financial Wealth Management LLC now owns 1,797 shares of the company’s stock worth $61,000 after purchasing an additional 377 shares during the period. Graypoint LLC raised its position in shares of Janus Henderson Group by 4.2% during the second quarter. Graypoint LLC now owns 10,221 shares of the company’s stock valued at $345,000 after buying an additional 410 shares during the last quarter. Finally, Retirement Systems of Alabama lifted its stake in shares of Janus Henderson Group by 0.3% in the first quarter. Retirement Systems of Alabama now owns 166,421 shares of the company’s stock valued at $5,474,000 after buying an additional 439 shares during the period. 87.94% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several equities analysts have commented on the company. StockNews.com cut Janus Henderson Group from a “buy” rating to a “hold” rating in a report on Friday, August 16th. Wells Fargo & Company began coverage on Janus Henderson Group in a research note on Thursday, September 12th. They issued an “equal weight” rating and a $37.00 target price for the company. JPMorgan Chase & Co. lifted their price target on shares of Janus Henderson Group from $38.00 to $39.00 and gave the stock a “neutral” rating in a research note on Friday, August 2nd. UBS Group raised shares of Janus Henderson Group from a “sell” rating to a “neutral” rating and boosted their price target for the company from $33.00 to $37.00 in a report on Monday, September 9th. Finally, The Goldman Sachs Group raised their price objective on shares of Janus Henderson Group from $36.00 to $37.00 and gave the stock a “sell” rating in a report on Thursday, October 3rd. One analyst has rated the stock with a sell rating, eight have assigned a hold rating and two have issued a buy rating to the stock. According to MarketBeat, Janus Henderson Group currently has an average rating of “Hold” and a consensus price target of $34.63.

Janus Henderson Group Price Performance

Shares of Janus Henderson Group stock opened at $38.96 on Wednesday. The stock has a market capitalization of $6.25 billion, a price-to-earnings ratio of 14.70, a P/E/G ratio of 0.76 and a beta of 1.50. The firm’s 50-day moving average price is $36.69 and its two-hundred day moving average price is $34.53. The company has a current ratio of 4.05, a quick ratio of 2.67 and a debt-to-equity ratio of 0.07. Janus Henderson Group plc has a 1-year low of $22.17 and a 1-year high of $39.11.

Janus Henderson Group (NYSE:JHG) last released its quarterly 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 firm had revenue of $588.40 million during the quarter, compared to analysts’ expectations of $568.79 million. Janus Henderson Group had a return on equity of 10.76% and a net margin of 21.02%. The business’s revenue was up 13.9% on a year-over-year basis. During the same period last year, the firm posted $0.62 EPS. On average, equities analysts predict that Janus Henderson Group plc will post 3.23 earnings per share for the current fiscal year.

Janus Henderson Group Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Wednesday, August 28th. Investors of record on Monday, August 12th were issued a $0.39 dividend. The ex-dividend date of this dividend was Monday, August 12th. This represents a $1.56 dividend on an annualized basis and a dividend yield of 4.00%. Janus Henderson Group’s dividend payout ratio is 58.87%.

Insider Buying and Selling

In related news, major shareholder Henderson Group Plc Janus acquired 189,856 shares of the stock in a transaction on Wednesday, July 24th. The stock was purchased at an average price of $3.20 per share, for a total transaction of $607,539.20. Following the transaction, the insider now owns 2,081,168 shares of the company’s stock, valued at $6,659,737.60. The trade was a 0.00 % increase in their position. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. In related news, CAO Michelle Rosenberg sold 7,651 shares of the firm’s stock in a transaction dated Monday, August 19th. The stock was sold at an average price of $36.51, for a total value of $279,338.01. Following the transaction, the chief accounting officer now owns 89,048 shares in the company, valued at $3,251,142.48. This trade represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, major shareholder Henderson Group Plc Janus acquired 189,856 shares of the stock in a transaction that occurred on Wednesday, July 24th. The stock was purchased at an average price of $3.20 per share, with a total value of $607,539.20. Following the completion of the transaction, the insider now owns 2,081,168 shares of the company’s stock, valued at approximately $6,659,737.60. This trade represents a 0.00 % increase in their ownership of the stock. The disclosure for this purchase can be found here. Insiders have sold a total of 25,651 shares of company stock worth $918,158 in the last 90 days. Corporate insiders own 19.60% of the company’s stock.

Janus Henderson Group 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.