MQS Management LLC Takes Position in Janus Henderson Group plc (NYSE:JHG)

MQS Management LLC acquired a new stake in Janus Henderson Group plc (NYSE:JHG) in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm acquired 5,667 shares of the company’s stock, valued at approximately $216,000.

Several other hedge funds and other institutional investors have also made changes to their positions in the stock. Miller Howard Investments Inc. NY raised its position in shares of Janus Henderson Group by 2.4% during the 2nd quarter. Miller Howard Investments Inc. NY now owns 11,928 shares of the company’s stock worth $402,000 after acquiring an additional 282 shares in the last quarter. Abich Financial Wealth Management LLC raised its position in shares of Janus Henderson Group by 26.5% during the 2nd quarter. Abich Financial Wealth Management LLC now owns 1,797 shares of the company’s stock worth $61,000 after acquiring an additional 377 shares in the last quarter. GAMMA Investing LLC raised its position in shares of Janus Henderson Group by 15.7% during the 3rd quarter. GAMMA Investing LLC now owns 2,822 shares of the company’s stock worth $107,000 after acquiring an additional 382 shares in the last quarter. Graypoint LLC raised its position in shares of Janus Henderson Group by 4.2% during the 2nd quarter. Graypoint LLC now owns 10,221 shares of the company’s stock worth $345,000 after acquiring an additional 410 shares in the last quarter. Finally, Assetmark Inc. raised its position in shares of Janus Henderson Group by 9.1% during the 3rd quarter. Assetmark Inc. now owns 5,101 shares of the company’s stock worth $194,000 after acquiring an additional 425 shares in the last quarter. Hedge funds and other institutional investors own 87.94% of the company’s stock.

Janus Henderson Group Trading Down 2.6 %

NYSE:JHG opened at $44.49 on Friday. The firm has a market cap of $7.07 billion, a P/E ratio of 17.59, a PEG ratio of 0.58 and a beta of 1.49. The company has a current ratio of 3.08, a quick ratio of 2.08 and a debt-to-equity ratio of 0.09. The stock’s 50 day simple moving average is $39.66 and its 200-day simple moving average is $36.34. Janus Henderson Group plc has a 12-month low of $25.39 and a 12-month high of $45.67.

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

Janus Henderson Group Dividend Announcement

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

Insider Activity

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 value of $279,338.01. Following the sale, the chief accounting officer now directly owns 89,048 shares in the company, valued at $3,251,142.48. The trade was a 7.91 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, CFO Roger Mj Thompson sold 9,000 shares of Janus Henderson Group stock in a transaction that occurred on Thursday, September 12th. The shares were sold at an average price of $35.60, for a total value of $320,400.00. Following the completion of the sale, the chief financial officer now owns 130,171 shares in the company, valued at approximately $4,634,087.60. This trade represents a 6.47 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 25,651 shares of company stock valued at $918,158. Company insiders own 19.60% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities research analysts have recently weighed in on the company. Deutsche Bank Aktiengesellschaft raised their target price on Janus Henderson Group from $42.00 to $44.00 and gave the stock a “hold” rating in a research report on Monday, November 11th. Morgan Stanley raised their target price on Janus Henderson Group from $39.00 to $42.00 and gave the stock an “equal weight” rating in a research report on Friday, October 18th. Evercore ISI lifted their price target on Janus Henderson Group from $40.00 to $43.00 and gave the stock an “in-line” rating in a research report on Thursday, November 7th. The Goldman Sachs Group lifted their price target on Janus Henderson Group from $36.00 to $37.00 and gave the stock a “sell” rating in a research report on Thursday, October 3rd. Finally, TD Cowen lifted their price target on Janus Henderson Group from $46.00 to $50.00 and gave the stock a “buy” rating in a research report on Friday, November 1st. One investment analyst has rated the stock with a sell rating, seven have assigned a hold rating and one has given a buy rating to the company. According to MarketBeat.com, Janus Henderson Group has a consensus rating of “Hold” and a consensus target price 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.