Mirae Asset Global Investments Co. Ltd. Raises Holdings in Janus Henderson Group plc (NYSE:JHG)

Mirae Asset Global Investments Co. Ltd. increased its position in shares of Janus Henderson Group plc (NYSE:JHG) by 25.1% in the 4th quarter, Holdings Channel reports. The firm owned 17,902 shares of the company’s stock after purchasing an additional 3,589 shares during the period. Mirae Asset Global Investments Co. Ltd.’s holdings in Janus Henderson Group were worth $540,000 at the end of the most recent reporting period.

Several other large investors have also recently made changes to their positions in JHG. Vanguard Group Inc. boosted its stake in Janus Henderson Group by 0.6% during the third quarter. Vanguard Group Inc. now owns 13,540,493 shares of the company’s stock worth $349,616,000 after buying an additional 84,307 shares during the last quarter. Invesco Ltd. boosted its stake in Janus Henderson Group by 33.2% during the third quarter. Invesco Ltd. now owns 690,723 shares of the company’s stock worth $17,834,000 after buying an additional 172,211 shares during the last quarter. UBS Group AG boosted its stake in Janus Henderson Group by 207.2% during the third quarter. UBS Group AG now owns 86,179 shares of the company’s stock worth $2,225,000 after buying an additional 58,122 shares during the last quarter. Principal Financial Group Inc. boosted its stake in Janus Henderson Group by 2.0% during the third quarter. Principal Financial Group Inc. now owns 1,773,943 shares of the company’s stock worth $45,803,000 after buying an additional 34,791 shares during the last quarter. Finally, Integrated Wealth Concepts LLC boosted its stake in Janus Henderson Group by 186.9% during the third quarter. Integrated Wealth Concepts LLC now owns 61,443 shares of the company’s stock worth $1,586,000 after buying an additional 40,028 shares during the last quarter. 87.94% of the stock is currently owned by hedge funds and other institutional investors.

Janus Henderson Group Price Performance

JHG opened at $31.28 on Friday. The stock’s 50-day moving average price is $31.70 and its 200 day moving average price is $28.83. Janus Henderson Group plc has a 12-month low of $22.17 and a 12-month high of $33.25. The company has a current ratio of 3.89, a quick ratio of 2.76 and a debt-to-equity ratio of 0.07. The firm has a market cap of $5.04 billion, a price-to-earnings ratio of 13.20, a PEG ratio of 1.53 and a beta of 1.53.

Janus Henderson Group (NYSE:JHG) last posted its earnings results on Thursday, February 1st. The company reported $0.82 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.56 by $0.26. Janus Henderson Group had a return on equity of 9.46% and a net margin of 18.39%. The firm had revenue of $568.50 million for the quarter, compared to analyst estimates of $520.26 million. During the same quarter in the prior year, the company earned $0.61 EPS. Janus Henderson Group’s revenue was up 10.3% on a year-over-year basis. As a group, sell-side analysts expect that Janus Henderson Group plc will post 2.8 earnings per share for the current year.

Janus Henderson Group Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, February 28th. Investors of record on Monday, February 12th were paid a dividend of $0.39 per share. This represents a $1.56 annualized dividend and a yield of 4.99%. The ex-dividend date of this dividend was Friday, February 9th. Janus Henderson Group’s payout ratio is 65.82%.

Insider Buying and Selling

In related news, CAO Brennan A. Hughes sold 1,812 shares of the stock in a transaction dated Wednesday, March 6th. The stock was sold at an average price of $32.27, for a total transaction of $58,473.24. Following the transaction, the chief accounting officer now owns 3,535 shares of the company’s stock, valued at approximately $114,074.45. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. In other Janus Henderson Group news, CFO Roger Mj Thompson sold 30,656 shares of the company’s stock in a transaction dated Wednesday, February 28th. The stock was sold at an average price of $30.93, for a total transaction of $948,190.08. Following the sale, the chief financial officer now owns 126,439 shares in the company, valued at approximately $3,910,758.27. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, CAO Brennan A. Hughes sold 1,812 shares of the company’s stock in a transaction dated Wednesday, March 6th. The stock was sold at an average price of $32.27, for a total value of $58,473.24. Following the sale, the chief accounting officer now owns 3,535 shares in the company, valued at approximately $114,074.45. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 70,133 shares of company stock valued at $2,172,459. Corporate insiders own 19.60% of the company’s stock.

Analysts Set New Price Targets

JHG has been the topic of a number of recent research reports. Morgan Stanley boosted their price objective on Janus Henderson Group from $30.00 to $33.00 and gave the stock an “equal weight” rating in a research note on Wednesday, April 17th. UBS Group upped their price target on Janus Henderson Group from $28.00 to $30.00 and gave the company a “sell” rating in a research note on Friday, April 12th. TD Cowen initiated coverage on Janus Henderson Group in a research note on Thursday, January 4th. They issued a “market perform” rating and a $30.00 price target on the stock. StockNews.com raised Janus Henderson Group from a “hold” rating to a “buy” rating in a research note on Thursday, February 29th. Finally, The Goldman Sachs Group upped their price target on Janus Henderson Group from $29.00 to $32.00 and gave the company a “sell” rating in a research note on Tuesday, April 2nd. Two research analysts have rated the stock with a sell rating, six have given a hold rating and two have issued a buy rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Hold” and a consensus price target of $28.83.

Janus Henderson Group Company 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.