Victory Capital Management Inc. Acquires 857 Shares of Janus Henderson Group plc (NYSE:JHG)

Victory Capital Management Inc. raised its holdings in Janus Henderson Group plc (NYSE:JHG) by 5.3% during the third quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 17,167 shares of the company’s stock after buying an additional 857 shares during the quarter. Victory Capital Management Inc.’s holdings in Janus Henderson Group were worth $654,000 at the end of the most recent quarter.

Several other institutional investors also recently added to or reduced their stakes in the business. Versant Capital Management Inc acquired a new stake in shares of Janus Henderson Group in the second quarter worth $34,000. Larson Financial Group LLC grew its position 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 last quarter. Abich Financial Wealth Management LLC increased its holdings in shares of Janus Henderson Group by 41.9% during 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. Addison Advisors LLC raised its position in shares of Janus Henderson Group by 103.4% during the third quarter. Addison Advisors LLC now owns 1,263 shares of the company’s stock valued at $48,000 after buying an additional 642 shares during the last quarter. Finally, Farther Finance Advisors LLC lifted its stake in shares of Janus Henderson Group by 70.6% in the third quarter. Farther Finance Advisors LLC now owns 1,390 shares of the company’s stock valued at $53,000 after buying an additional 575 shares during the period. 87.94% of the stock is owned by institutional investors.

Insider Transactions at Janus Henderson Group

In other news, CFO Roger Mj Thompson sold 9,000 shares of the firm’s stock in a transaction on Tuesday, September 10th. The stock was sold at an average price of $35.38, for a total value of $318,420.00. Following the completion of the sale, the chief financial officer now directly owns 139,171 shares in the company, valued at approximately $4,923,869.98. This trade represents a 6.07 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link. 20.00% of the stock is owned by company insiders.

Janus Henderson Group Stock Performance

Janus Henderson Group stock opened at $45.27 on Friday. The firm has a market capitalization of $7.20 billion, a P/E ratio of 17.89, a P/E/G ratio of 0.59 and a beta of 1.49. The stock has a fifty day moving average price of $41.32 and a two-hundred day moving average price of $37.20. Janus Henderson Group plc has a 52-week low of $25.39 and a 52-week high of $45.74. The company has a debt-to-equity ratio of 0.09, a current ratio of 3.08 and a quick ratio of 2.08.

Janus Henderson Group (NYSE:JHG) last announced its earnings results on Thursday, October 31st. The company reported $0.91 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.80 by $0.11. The business had revenue of $624.80 million during the quarter, compared to analysts’ expectations of $600.88 million. Janus Henderson Group had a net margin of 17.33% and a return on equity of 11.49%. The firm’s revenue for the quarter was up 19.9% on a year-over-year basis. During the same quarter last year, the company posted $0.64 EPS. As a group, analysts anticipate that Janus Henderson Group plc will post 3.43 EPS for the current fiscal year.

Janus Henderson Group Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, November 27th. Stockholders of record on Wednesday, November 27th were paid a $0.39 dividend. This represents a $1.56 dividend on an annualized basis and a dividend yield of 3.45%. The ex-dividend date was Wednesday, November 27th. Janus Henderson Group’s dividend payout ratio (DPR) is currently 61.66%.

Analyst Ratings Changes

Several equities analysts recently issued reports on JHG shares. UBS Group boosted their price target on Janus Henderson Group from $37.00 to $41.00 and gave the company a “neutral” rating in a research note on Tuesday, October 22nd. The Goldman Sachs Group lifted their price objective on Janus Henderson Group from $36.00 to $37.00 and gave the stock a “sell” rating in a report on Thursday, October 3rd. Wells Fargo & Company upped their target price on Janus Henderson Group from $37.00 to $38.00 and gave the company an “equal weight” rating in a research note on Wednesday, October 9th. TD Cowen lifted their price target on shares of Janus Henderson Group from $46.00 to $50.00 and gave the stock a “buy” rating in a research note on Friday, November 1st. Finally, Evercore ISI boosted their price target on shares of Janus Henderson Group from $40.00 to $43.00 and gave the company an “in-line” rating in a report on Thursday, November 7th. One research analyst has rated the stock with a sell rating, seven have given a hold rating and one has assigned a buy rating to the stock. According to MarketBeat, Janus Henderson Group has an average rating of “Hold” and a consensus price target of $41.75.

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.