Mercer Global Advisors Inc. ADV Increases Holdings in Janus Henderson Group plc (NYSE:JHG)

Mercer Global Advisors Inc. ADV boosted its position in Janus Henderson Group plc (NYSE:JHG) by 2.0% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 28,394 shares of the company’s stock after buying an additional 562 shares during the quarter. Mercer Global Advisors Inc. ADV’s holdings in Janus Henderson Group were worth $957,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also recently made changes to their positions in the company. Norges Bank bought a new position in shares of Janus Henderson Group during the 4th quarter valued at $20,791,000. Assetmark Inc. grew its stake in shares of Janus Henderson Group by 18.2% during the fourth quarter. Assetmark Inc. now owns 5,208 shares of the company’s stock valued at $157,000 after buying an additional 802 shares during the last quarter. EverSource Wealth Advisors LLC increased its holdings in shares of Janus Henderson Group by 39.7% in the fourth quarter. EverSource Wealth Advisors LLC now owns 1,299 shares of the company’s stock worth $39,000 after buying an additional 369 shares during the period. Parallel Advisors LLC lifted its stake in shares of Janus Henderson Group by 15.4% in the 4th quarter. Parallel Advisors LLC now owns 9,430 shares of the company’s stock valued at $284,000 after acquiring an additional 1,259 shares during the last quarter. Finally, United Services Automobile Association purchased a new stake in Janus Henderson Group during the 4th quarter valued at about $308,000. 87.94% of the stock is owned by hedge funds and other institutional investors.

Insider Activity at Janus Henderson Group

In related news, major shareholder Henderson Group Plc Janus bought 28,326 shares of the business’s stock in a transaction dated Friday, July 5th. The shares were purchased at an average cost of $3.43 per share, with a total value of $97,158.18. Following the completion of the purchase, the insider now owns 1,676,903 shares in the company, valued at approximately $5,751,777.29. The purchase was disclosed in a filing with the SEC, which is accessible through the SEC website. In related news, CFO Roger Mj Thompson sold 9,000 shares of the company’s stock in a transaction that occurred 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 transaction, the chief financial officer now directly owns 139,171 shares of the company’s stock, valued at approximately $4,923,869.98. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, major shareholder Henderson Group Plc Janus bought 28,326 shares of Janus Henderson Group stock in a transaction on Friday, July 5th. The stock was acquired at an average cost of $3.43 per share, with a total value of $97,158.18. Following the acquisition, the insider now owns 1,676,903 shares in the company, valued at approximately $5,751,777.29. The disclosure for this purchase can be found here. In the last 90 days, insiders purchased 492,997 shares of company stock valued at $1,667,418 and sold 25,651 shares valued at $918,158. 19.60% of the stock is owned by corporate insiders.

Analysts Set New Price Targets

A number of equities analysts have commented on JHG shares. StockNews.com cut Janus Henderson Group from a “buy” rating to a “hold” rating in a research note on Friday, August 16th. UBS Group upgraded shares of Janus Henderson Group from a “sell” rating to a “neutral” rating and upped their price target for the company from $33.00 to $37.00 in a report on Monday, September 9th. TD Cowen raised their price target on shares of Janus Henderson Group from $37.00 to $38.00 and gave the stock a “buy” rating in a report on Monday, July 8th. JPMorgan Chase & Co. upped their price objective on shares of Janus Henderson Group from $38.00 to $39.00 and gave the company a “neutral” rating in a research note on Friday, August 2nd. Finally, Deutsche Bank Aktiengesellschaft boosted their price target on Janus Henderson Group from $36.00 to $37.00 and gave the company a “hold” rating in a report on Thursday, August 15th. One analyst has rated the stock with a sell rating, seven have assigned a hold rating and two have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus price target of $33.33.

Janus Henderson Group Price Performance

Shares of JHG stock opened at $37.99 on Thursday. The business’s fifty day moving average is $36.30 and its 200 day moving average is $34.12. The company has a quick ratio of 2.67, a current ratio of 4.05 and a debt-to-equity ratio of 0.07. The stock has a market cap of $6.05 billion, a price-to-earnings ratio of 14.34, a PEG ratio of 0.77 and a beta of 1.51. Janus Henderson Group plc has a twelve month low of $22.17 and a twelve month high of $39.11.

Janus Henderson Group (NYSE:JHG) last issued its quarterly earnings results on Thursday, August 1st. The company reported $0.85 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.74 by $0.11. Janus Henderson Group had a net margin of 21.02% and a return on equity of 10.76%. The company had revenue of $588.40 million during the quarter, compared to analyst estimates of $568.79 million. During the same period last year, the business earned $0.62 EPS. Janus Henderson Group’s quarterly revenue was up 13.9% compared to the same quarter last year. Research analysts expect that Janus Henderson Group plc will post 3.23 EPS for the current fiscal year.

Janus Henderson Group Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, August 28th. Investors of record on Monday, August 12th were paid a $0.39 dividend. The ex-dividend date was Monday, August 12th. This represents a $1.56 annualized dividend and a dividend yield of 4.11%. Janus Henderson Group’s payout ratio is currently 58.87%.

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.