Wealth Enhancement Advisory Services LLC Purchases New Shares in Janus Henderson Group plc (NYSE:JHG)

Wealth Enhancement Advisory Services LLC acquired a new position in shares of Janus Henderson Group plc (NYSE:JHG) in the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund acquired 6,255 shares of the company’s stock, valued at approximately $238,000.

Several other institutional investors and hedge funds also recently bought and sold shares of the company. Versant Capital Management Inc purchased a new stake in Janus Henderson Group in the second quarter worth about $34,000. Larson Financial Group LLC increased its holdings in Janus Henderson Group by 401.6% during the second quarter. Larson Financial Group LLC now owns 1,249 shares of the company’s stock valued at $42,000 after buying an additional 1,000 shares during the period. Abich Financial Wealth Management LLC raised its stake in Janus Henderson Group by 41.9% in the first quarter. Abich Financial Wealth Management LLC now owns 1,420 shares of the company’s stock worth $47,000 after buying an additional 419 shares in the last quarter. Blue Trust Inc. lifted its holdings in Janus Henderson Group by 24.6% during the third quarter. Blue Trust Inc. now owns 2,236 shares of the company’s stock worth $85,000 after buying an additional 442 shares during the period. Finally, GAMMA Investing LLC lifted its holdings in Janus Henderson Group by 159.6% during the second quarter. GAMMA Investing LLC now owns 2,440 shares of the company’s stock worth $82,000 after buying an additional 1,500 shares during the period. 87.94% of the stock is owned by hedge funds and other institutional investors.

Insider Activity at Janus Henderson Group

In related news, 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 completion of the transaction, the chief accounting officer now directly owns 89,048 shares in the company, valued at approximately $3,251,142.48. This trade represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. In related 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 completion of the transaction, the chief financial officer now owns 130,171 shares of the company’s stock, valued at approximately $4,634,087.60. This represents a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CAO Michelle Rosenberg sold 7,651 shares of the firm’s stock in a transaction that occurred on Monday, August 19th. The shares were sold at an average price of $36.51, for a total value of $279,338.01. Following the completion of the sale, the chief accounting officer now directly owns 89,048 shares in the company, valued at approximately $3,251,142.48. The trade was a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 25,651 shares of company stock worth $918,158 over the last three months. Company insiders own 19.60% of the company’s stock.

Analyst Upgrades and Downgrades

Several research analysts have recently commented on the company. Deutsche Bank Aktiengesellschaft boosted their price target on Janus Henderson Group from $42.00 to $44.00 and gave the stock a “hold” rating in a research report on Monday. 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 report on Friday, August 2nd. The Goldman Sachs Group lifted their price objective on shares of Janus Henderson Group from $36.00 to $37.00 and gave the stock a “sell” rating in a research report on Thursday, October 3rd. TD Cowen raised their target price on shares of Janus Henderson Group from $46.00 to $50.00 and gave the company a “buy” rating in a research note on Friday, November 1st. Finally, Wells Fargo & Company upped their price target on Janus Henderson Group from $37.00 to $38.00 and gave the stock an “equal weight” rating in a research report on Wednesday, October 9th. One equities research analyst has rated the stock with a sell rating, seven have assigned a hold rating and one has issued a buy rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average price target of $41.75.

Janus Henderson Group Price Performance

NYSE JHG opened at $45.27 on Tuesday. The stock’s fifty day moving average price is $39.02 and its 200 day moving average price is $36.03. Janus Henderson Group plc has a 1 year low of $24.04 and a 1 year high of $45.33. The company has a debt-to-equity ratio of 0.09, a current ratio of 3.08 and a quick ratio of 2.08. The company has a market cap of $7.20 billion, a price-to-earnings ratio of 17.88, a PEG ratio of 0.59 and a beta of 1.49.

Janus Henderson Group (NYSE:JHG) last released its earnings results on Thursday, October 31st. The company reported $0.91 EPS for the quarter, topping analysts’ consensus estimates of $0.80 by $0.11. Janus Henderson Group had a return on equity of 11.49% and a net margin of 17.33%. The firm had revenue of $624.80 million during the quarter, compared to the consensus estimate of $600.88 million. During the same quarter in the previous year, the company posted $0.64 earnings per share. The company’s revenue was up 19.9% compared to the same quarter last year. As a group, equities research analysts forecast that Janus Henderson Group plc will post 3.4 earnings per share for the current year.

Janus Henderson Group Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, November 27th. Investors of record on Wednesday, November 27th will be issued a dividend of $0.39 per share. The ex-dividend date is Wednesday, November 27th. This represents a $1.56 annualized dividend and a dividend yield of 3.45%. Janus Henderson Group’s dividend payout ratio (DPR) is presently 61.66%.

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.