Tower Research Capital LLC TRC Purchases 1,691 Shares of Janus Henderson Group plc (NYSE:JHG)

Tower Research Capital LLC TRC grew its position in Janus Henderson Group plc (NYSE:JHGFree Report) by 60.8% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 4,472 shares of the company’s stock after acquiring an additional 1,691 shares during the quarter. Tower Research Capital LLC TRC’s holdings in Janus Henderson Group were worth $119,000 as of its most recent SEC filing.

Several other institutional investors also recently modified their holdings of JHG. Raymond James Financial Services Advisors Inc. acquired a new position in shares of Janus Henderson Group in the first quarter valued at $218,000. US Bancorp DE raised its stake in shares of Janus Henderson Group by 5.7% in the 1st quarter. US Bancorp DE now owns 10,109 shares of the company’s stock valued at $354,000 after buying an additional 542 shares in the last quarter. Cambridge Investment Research Advisors Inc. lifted its holdings in shares of Janus Henderson Group by 100.1% during the 1st quarter. Cambridge Investment Research Advisors Inc. now owns 11,194 shares of the company’s stock worth $392,000 after acquiring an additional 5,599 shares during the period. PNC Financial Services Group Inc. boosted its position in shares of Janus Henderson Group by 10.6% during the 1st quarter. PNC Financial Services Group Inc. now owns 6,107 shares of the company’s stock valued at $215,000 after acquiring an additional 585 shares in the last quarter. Finally, Panagora Asset Management Inc. increased its stake in Janus Henderson Group by 7.4% in the first quarter. Panagora Asset Management Inc. now owns 6,695 shares of the company’s stock valued at $234,000 after acquiring an additional 459 shares during the period. Institutional investors and hedge funds own 86.17% of the company’s stock.

Janus Henderson Group Price Performance

JHG opened at $27.74 on Friday. The company has a debt-to-equity ratio of 0.07, a current ratio of 4.52 and a quick ratio of 2.99. The company’s 50 day simple moving average is $27.52 and its 200-day simple moving average is $26.96. Janus Henderson Group plc has a one year low of $19.09 and a one year high of $31.30. The stock has a market capitalization of $4.59 billion, a P/E ratio of 13.14, a price-to-earnings-growth ratio of 2.10 and a beta of 1.42.

Janus Henderson Group (NYSE:JHGGet Free Report) last announced its quarterly earnings data on Wednesday, August 2nd. The company reported $0.62 EPS for the quarter, beating analysts’ consensus estimates of $0.57 by $0.05. Janus Henderson Group had a return on equity of 8.87% and a net margin of 16.85%. The firm had revenue of $516.50 million for the quarter, compared to analyst estimates of $518.42 million. During the same period last year, the company earned $0.63 EPS. The business’s quarterly revenue was down 7.0% compared to the same quarter last year. Sell-side analysts anticipate that Janus Henderson Group plc will post 2.32 earnings per share for the current fiscal year.

Janus Henderson Group Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Wednesday, August 30th. Shareholders of record on Monday, August 14th were given a dividend of $0.39 per share. The ex-dividend date was Friday, August 11th. This represents a $1.56 dividend on an annualized basis and a yield of 5.62%. Janus Henderson Group’s payout ratio is presently 73.93%.

Insider Activity

In related news, insider Georgina Fogo sold 5,043 shares of the business’s stock in a transaction that occurred on Monday, July 3rd. The shares were sold at an average price of $27.35, for a total transaction of $137,926.05. Following the completion of the sale, the insider now directly owns 123,377 shares of the company’s stock, valued at $3,374,360.95. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Insiders own 18.10% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts have weighed in on JHG shares. Citigroup lifted their price objective on Janus Henderson Group from $26.90 to $27.70 in a report on Monday, July 10th. StockNews.com assumed coverage on Janus Henderson Group in a research note on Thursday, August 17th. They set a “hold” rating for the company. Jefferies Financial Group boosted their target price on shares of Janus Henderson Group from $27.00 to $28.00 in a research note on Monday, July 10th. Credit Suisse Group upgraded shares of Janus Henderson Group from an “underperform” rating to a “neutral” rating and increased their target price for the stock from $22.00 to $23.00 in a research report on Monday, May 8th. Finally, JPMorgan Chase & Co. boosted their price target on shares of Janus Henderson Group from $26.00 to $27.00 in a research report on Wednesday, July 5th. Two research analysts have rated the stock with a sell rating and six have assigned a hold rating to the company’s stock. According to MarketBeat, Janus Henderson Group presently has an average rating of “Hold” and an average target price of $25.09.

Read Our Latest Stock Analysis on JHG

Janus Henderson Group Company Profile

(Free Report)

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.

Further Reading

Institutional Ownership by Quarter for Janus Henderson Group (NYSE:JHG)

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