Henderson Group Plc Janus Buys 47,492 Shares of Janus Henderson Group plc (NYSE:JHG) Stock

Janus Henderson Group plc (NYSE:JHG) major shareholder Henderson Group Plc Janus bought 47,492 shares of Janus Henderson Group stock in a transaction on Monday, July 8th. The stock was acquired at an average price of $3.46 per share, for a total transaction of $164,322.32. Following the purchase, the insider now owns 1,724,395 shares of the company’s stock, valued at $5,966,406.70. The acquisition was disclosed in a document filed with the SEC, which is available at this hyperlink. Major shareholders that own 10% or more of a company’s shares are required to disclose their transactions with the SEC.

Henderson Group Plc Janus also recently made the following trade(s):

• On Wednesday, July 10th, Henderson Group Plc Janus bought 55,463 shares of Janus Henderson Group stock. The stock was acquired at an average price of $3.46 per share, for a total transaction of $191,901.98.
• On Friday, July 5th, Henderson Group Plc Janus bought 28,326 shares of Janus Henderson Group stock. The stock was acquired at an average price of $3.43 per share, for a total transaction of $97,158.18.
• On Wednesday, July 3rd, Henderson Group Plc Janus purchased 166,042 shares of Janus Henderson Group stock. The shares were purchased at an average cost of $3.55 per share, for a total transaction of $589,449.10.

Janus Henderson Group Stock Performance

Shares of NYSE:JHG traded down $0.01 during trading on Friday, hitting $35.20. The stock had a trading volume of 718,527 shares, compared to its average volume of 1,057,709. Janus Henderson Group plc has a 12-month low of $22.17 and a 12-month high of $35.65. The stock has a market capitalization of $5.65 billion, a price-to-earnings ratio of 13.28, a price-to-earnings-growth ratio of 1.00 and a beta of 1.51. The company has a quick ratio of 2.64, a current ratio of 3.92 and a debt-to-equity ratio of 0.07. The stock has a 50-day simple moving average of $33.63 and a two-hundred day simple moving average of $31.81.

Janus Henderson Group (NYSE:JHG) last announced its quarterly earnings data on Thursday, May 2nd. The company reported $0.71 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.63 by $0.08. Janus Henderson Group had a return on equity of 10.02% and a net margin of 19.89%. The firm had revenue of $551.70 million during the quarter, compared to analysts’ expectations of $547.20 million. During the same period last year, the business posted $0.55 earnings per share. The company’s revenue for the quarter was up 11.3% compared to the same quarter last year. On average, equities research analysts expect that Janus Henderson Group plc will post 3.04 earnings per share for the current fiscal year.

Janus Henderson Group Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, May 29th. Stockholders of record on Monday, May 13th were paid a $0.39 dividend. This represents a $1.56 annualized dividend and a dividend yield of 4.43%. The ex-dividend date of this dividend was Friday, May 10th. Janus Henderson Group’s payout ratio is 58.87%.

Analyst Ratings Changes

A number of research firms have recently issued reports on JHG. TD Cowen increased their price target on Janus Henderson Group from $37.00 to $38.00 and gave the stock a “buy” rating in a research report on Monday. JPMorgan Chase & Co. increased their price target on Janus Henderson Group from $35.00 to $36.00 and gave the stock a “neutral” rating in a research report on Friday, May 3rd. Morgan Stanley increased their price target on Janus Henderson Group from $30.00 to $33.00 and gave the stock an “equal weight” rating in a research report on Wednesday, April 17th. StockNews.com downgraded Janus Henderson Group from a “buy” rating to a “hold” rating in a research report on Friday, May 3rd. Finally, UBS Group raised their price objective on Janus Henderson Group from $30.00 to $31.00 and gave the company a “sell” rating in a research report on Wednesday. Two research analysts have rated the stock with a sell rating, five have issued a hold rating and two have issued a buy rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Hold” and an average target price of $30.59.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the company. Greenwood Capital Associates LLC raised its position in Janus Henderson Group by 0.8% during the fourth quarter. Greenwood Capital Associates LLC now owns 45,635 shares of the company’s stock valued at $1,376,000 after acquiring an additional 350 shares in the last quarter. EverSource Wealth Advisors LLC raised its position in Janus Henderson Group by 39.7% during the fourth quarter. EverSource Wealth Advisors LLC now owns 1,299 shares of the company’s stock valued at $39,000 after acquiring an additional 369 shares in the last quarter. Abich Financial Wealth Management LLC raised its position in Janus Henderson Group by 41.9% during the first quarter. Abich Financial Wealth Management LLC now owns 1,420 shares of the company’s stock valued at $47,000 after acquiring an additional 419 shares in the last quarter. Retirement Systems of Alabama raised its position in Janus Henderson Group by 0.3% during the first quarter. Retirement Systems of Alabama now owns 166,421 shares of the company’s stock valued at $5,474,000 after acquiring an additional 439 shares in the last quarter. Finally, Benjamin F. Edwards & Company Inc. raised its position in Janus Henderson Group by 10.2% during the first quarter. Benjamin F. Edwards & Company Inc. now owns 5,316 shares of the company’s stock valued at $175,000 after acquiring an additional 490 shares in the last quarter. 87.94% of the stock is currently owned by hedge funds and other institutional investors.

About Janus Henderson Group

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.