Mackenzie Financial Corp Makes New Investment in Janus Henderson Group plc (NYSE:JHG)

Mackenzie Financial Corp bought a new position in Janus Henderson Group plc (NYSE:JHG) in the fourth quarter, according to its most recent disclosure with the SEC. The firm bought 7,223 shares of the company’s stock, valued at approximately $218,000.

A number of other hedge funds and other institutional investors have also modified their holdings of JHG. Silchester International Investors LLP increased its holdings in shares of Janus Henderson Group by 6.5% during the 4th quarter. Silchester International Investors LLP now owns 14,888,669 shares of the company’s stock worth $448,893,000 after buying an additional 914,200 shares during the last quarter. Lecap Asset Management Ltd. acquired a new stake in shares of Janus Henderson Group during the 4th quarter worth about $381,000. Louisiana State Employees Retirement System purchased a new stake in Janus Henderson Group in the 4th quarter valued at about $1,122,000. Graypoint LLC acquired a new position in Janus Henderson Group in the fourth quarter valued at about $232,000. Finally, Confluence Wealth Services Inc. boosted its stake in Janus Henderson Group by 18.6% during the fourth quarter. Confluence Wealth Services Inc. now owns 24,283 shares of the company’s stock worth $732,000 after buying an additional 3,813 shares during the period. 87.94% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several analysts recently weighed in on JHG shares. UBS Group lifted their target price on shares of Janus Henderson Group from $28.00 to $30.00 and gave the company a “sell” rating in a report on Friday, April 12th. Morgan Stanley raised their target price on Janus Henderson Group from $30.00 to $33.00 and gave the company an “equal weight” rating in a report on Wednesday, April 17th. StockNews.com raised shares of Janus Henderson Group from a “hold” rating to a “buy” rating in a research report on Thursday, February 29th. JPMorgan Chase & Co. raised their price target on shares of Janus Henderson Group from $31.00 to $35.00 and gave the company a “neutral” rating in a research report on Tuesday, April 23rd. Finally, The Goldman Sachs Group upped their target price on shares of Janus Henderson Group from $29.00 to $32.00 and gave the stock a “sell” rating in a research note on Tuesday, April 2nd. Two analysts have rated the stock with a sell rating, six have issued a hold rating and two have issued a buy rating to the company. Based on data from MarketBeat, Janus Henderson Group currently has a consensus rating of “Hold” and an average target price of $28.83.

Janus Henderson Group Stock Up 1.3 %

Shares of NYSE:JHG opened at $31.69 on Monday. 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 50 day simple moving average of $31.73 and a 200-day simple moving average of $28.94. The company has a market capitalization of $5.11 billion, a PE ratio of 13.37, a P/E/G ratio of 1.50 and a beta of 1.53. Janus Henderson Group plc has a twelve month low of $22.17 and a twelve month high of $33.25.

Janus Henderson Group (NYSE:JHG) last released its quarterly earnings data on Thursday, February 1st. The company reported $0.82 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.56 by $0.26. Janus Henderson Group had a net margin of 18.39% and a return on equity of 9.46%. The company had revenue of $568.50 million during the quarter, compared to the consensus estimate of $520.26 million. During the same quarter in the prior year, the firm posted $0.61 earnings per share. Janus Henderson Group’s revenue for the quarter was up 10.3% on a year-over-year basis. On average, equities analysts predict that Janus Henderson Group plc will post 2.85 EPS for the current fiscal year.

Janus Henderson Group Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, February 28th. Stockholders of record on Monday, February 12th were issued a $0.39 dividend. This represents a $1.56 annualized dividend and a dividend yield of 4.92%. The ex-dividend date of this dividend was Friday, February 9th. Janus Henderson Group’s payout ratio is currently 65.82%.

Insider Transactions at Janus Henderson Group

In other Janus Henderson Group news, CFO Roger Mj Thompson sold 30,656 shares of Janus Henderson Group stock in a transaction on Wednesday, February 28th. The shares were sold at an average price of $30.93, for a total value of $948,190.08. Following the transaction, the chief financial officer now directly owns 126,439 shares in the company, valued at $3,910,758.27. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. In related news, CFO Roger Mj Thompson sold 30,656 shares of the firm’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 transaction, the chief financial officer now owns 126,439 shares of the company’s stock, valued at $3,910,758.27. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, COO James R. Lowry sold 9,754 shares of the company’s stock in a transaction that occurred on Wednesday, February 28th. The shares were sold at an average price of $30.93, for a total value of $301,691.22. Following the sale, the chief operating officer now directly owns 35,265 shares of the company’s stock, valued at $1,090,746.45. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 70,133 shares of company stock worth $2,172,459. Insiders own 19.60% of the company’s stock.

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.