Farther Finance Advisors LLC Acquires 575 Shares of Janus Henderson Group plc (NYSE:JHG)

Farther Finance Advisors LLC increased its holdings in shares of Janus Henderson Group plc (NYSE:JHG) by 70.6% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,390 shares of the company’s stock after purchasing an additional 575 shares during the quarter. Farther Finance Advisors LLC’s holdings in Janus Henderson Group were worth $53,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the business. Versant Capital Management Inc bought a new position in Janus Henderson Group in the 2nd quarter worth approximately $34,000. Larson Financial Group LLC boosted its stake in Janus Henderson Group by 401.6% in the 2nd quarter. Larson Financial Group LLC now owns 1,249 shares of the company’s stock worth $42,000 after purchasing an additional 1,000 shares during the period. Abich Financial Wealth Management LLC boosted its stake in Janus Henderson Group by 41.9% in the 1st quarter. Abich Financial Wealth Management LLC now owns 1,420 shares of the company’s stock worth $47,000 after purchasing an additional 419 shares during the period. GAMMA Investing LLC boosted its stake in Janus Henderson Group by 159.6% in the 2nd quarter. GAMMA Investing LLC now owns 2,440 shares of the company’s stock worth $82,000 after purchasing an additional 1,500 shares during the period. Finally, Blue Trust Inc. raised its holdings in shares of Janus Henderson Group by 24.6% during the 3rd quarter. Blue Trust Inc. now owns 2,236 shares of the company’s stock worth $85,000 after acquiring an additional 442 shares in the last quarter. Institutional investors own 87.94% of the company’s stock.

Insiders Place Their Bets

In other Janus Henderson Group 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 value of $320,400.00. Following the sale, the chief financial officer now owns 130,171 shares in the company, valued at $4,634,087.60. This trade represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. In other Janus Henderson Group 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 value of $320,400.00. Following the sale, the chief financial officer now owns 130,171 shares in the company, valued at $4,634,087.60. This trade represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CAO Michelle Rosenberg sold 7,651 shares of the stock in a transaction 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 in the company, valued at $3,251,142.48. The trade was a 0.00 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 25,651 shares of company stock worth $918,158 over the last quarter. Company insiders own 19.60% of the company’s stock.

Janus Henderson Group Stock Performance

NYSE:JHG opened at $44.48 on Thursday. The stock’s fifty day moving average is $39.33 and its 200 day moving average is $36.21. Janus Henderson Group plc has a fifty-two week low of $24.81 and a fifty-two week high of $45.45. The firm has a market capitalization of $7.07 billion, a PE ratio of 17.65, a PEG ratio of 0.58 and a beta of 1.49. The company has a debt-to-equity ratio of 0.09, a quick ratio of 2.08 and a current ratio of 3.08.

Janus Henderson Group (NYSE:JHG) last released its earnings results on Thursday, October 31st. The company reported $0.91 earnings per share 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 business had revenue of $624.80 million for the quarter, compared to analyst estimates of $600.88 million. During the same quarter last year, the firm posted $0.64 earnings per share. The business’s revenue was up 19.9% compared to the same quarter last year. On average, sell-side analysts anticipate that Janus Henderson Group plc will post 3.43 earnings per share for the current year.

Janus Henderson Group Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, November 27th. Shareholders of record on Wednesday, November 27th will be paid a $0.39 dividend. The ex-dividend date is Wednesday, November 27th. This represents a $1.56 dividend on an annualized basis and a yield of 3.51%. Janus Henderson Group’s payout ratio is 61.66%.

Wall Street Analysts Forecast Growth

Several analysts have recently issued reports on JHG shares. TD Cowen upped their price objective on Janus Henderson Group from $46.00 to $50.00 and gave the stock a “buy” rating in a report on Friday, November 1st. Deutsche Bank Aktiengesellschaft upped their price objective on Janus Henderson Group from $42.00 to $44.00 and gave the stock a “hold” rating in a report on Monday. Evercore ISI upped their price objective on Janus Henderson Group from $40.00 to $43.00 and gave the stock an “in-line” rating in a report on Thursday, November 7th. UBS Group upped their price objective on Janus Henderson Group from $37.00 to $41.00 and gave the stock a “neutral” rating in a report on Tuesday, October 22nd. Finally, Morgan Stanley upped their price objective 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 assigned a hold rating and one has assigned a buy rating to the stock. Based on data from MarketBeat.com, Janus Henderson Group presently has an average rating of “Hold” and a consensus target price of $41.75.

Janus Henderson Group Company 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.