Cwm LLC boosted its holdings in Janus Henderson Group plc (NYSE:JHG – Free Report) by 158.3% in the third quarter, according to its most recent Form 13F filing with the SEC. The fund owned 4,484 shares of the company’s stock after purchasing an additional 2,748 shares during the period. Cwm LLC’s holdings in Janus Henderson Group were worth $171,000 at the end of the most recent reporting period.
Several other institutional investors and hedge funds also recently made changes to their positions in the business. Millennium Management LLC grew its position in shares of 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 acquiring an additional 1,809,249 shares in the last quarter. AQR Capital Management LLC boosted its holdings in shares of 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 valued at $40,677,000 after acquiring an additional 473,308 shares in the last quarter. Dimensional Fund Advisors LP boosted its stake 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 purchasing an additional 344,582 shares in the last quarter. Marshall Wace LLP boosted its stake in Janus Henderson Group by 48.7% during the second quarter. Marshall Wace LLP now owns 1,000,823 shares of the company’s stock valued at $33,738,000 after buying an additional 327,819 shares in the last quarter. Finally, Smith Group Asset Management LLC acquired a new position in shares of Janus Henderson Group in the 1st quarter worth approximately $7,190,000. 87.94% of the stock is currently owned by hedge funds and other institutional investors.
Wall Street Analysts Forecast Growth
JHG has been the topic of a number of recent research reports. Deutsche Bank Aktiengesellschaft lifted their target price on Janus Henderson Group from $36.00 to $37.00 and gave the stock a “hold” rating in a report on Thursday, August 15th. UBS Group upped their price objective on shares of Janus Henderson Group from $37.00 to $41.00 and gave the company a “neutral” rating in a research note on Tuesday. Wells Fargo & Company raised their price target on Janus Henderson Group from $37.00 to $38.00 and gave the stock an “equal weight” rating in a research note on Wednesday, October 9th. StockNews.com downgraded shares of Janus Henderson Group from a “buy” rating to a “hold” rating in a report on Friday, August 16th. Finally, Morgan Stanley boosted their target price on Janus Henderson Group from $39.00 to $42.00 and gave the stock an “equal weight” rating in a report on Friday, October 18th. One investment analyst has rated the stock with a sell rating, seven have issued a hold rating and two have issued a buy rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Hold” and a consensus target price of $38.63.
Insider Activity
In other news, CAO Michelle Rosenberg sold 7,651 shares of the business’s stock in a transaction that occurred on 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 directly owns 89,048 shares of the company’s stock, valued at $3,251,142.48. The trade was a 0.00 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. In related news, CFO Roger Mj Thompson sold 9,000 shares of the firm’s stock in a transaction dated Tuesday, September 10th. The stock was sold at an average price of $35.38, for a total value of $318,420.00. Following the transaction, the chief financial officer now owns 139,171 shares in the company, valued at $4,923,869.98. 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, CAO Michelle Rosenberg sold 7,651 shares of Janus Henderson Group stock in a transaction that occurred on Monday, August 19th. The stock was sold at an average price of $36.51, for a total transaction of $279,338.01. Following the sale, the chief accounting officer now owns 89,048 shares of the company’s stock, valued at approximately $3,251,142.48. This represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders have sold 25,651 shares of company stock worth $918,158. Corporate insiders own 19.60% of the company’s stock.
Janus Henderson Group Price Performance
Shares of Janus Henderson Group stock opened at $39.33 on Thursday. The company has a debt-to-equity ratio of 0.07, a current ratio of 4.05 and a quick ratio of 2.67. The firm has a fifty day moving average price of $37.82 and a two-hundred day moving average price of $35.14. Janus Henderson Group plc has a fifty-two week low of $22.17 and a fifty-two week high of $41.47. The company has a market cap of $6.26 billion, a PE ratio of 13.47, a price-to-earnings-growth ratio of 0.79 and a beta of 1.50.
Janus Henderson Group (NYSE:JHG – Get Free Report) last issued its earnings results on Thursday, August 1st. The company reported $0.85 EPS for the quarter, topping the consensus estimate of $0.74 by $0.11. Janus Henderson Group had a return on equity of 10.76% and a net margin of 21.02%. The firm had revenue of $588.40 million during the quarter, compared to analysts’ expectations of $568.79 million. During the same period last year, the business earned $0.62 earnings per share. Janus Henderson Group’s quarterly revenue was up 13.9% compared to the same quarter last year. Analysts expect that Janus Henderson Group plc will post 3.25 EPS for the current year.
Janus Henderson Group Dividend Announcement
The business also recently announced a quarterly dividend, which was paid on Wednesday, August 28th. Investors of record on Monday, August 12th were given a dividend of $0.39 per share. The ex-dividend date of this dividend was Monday, August 12th. This represents a $1.56 annualized dividend and a dividend yield of 3.97%. Janus Henderson Group’s dividend payout ratio (DPR) is presently 53.42%.
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.
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