Janus Henderson Group plc (NYSE:JHG) Shares Bought by Vanguard Group Inc.

Vanguard Group Inc. grew its stake in shares of Janus Henderson Group plc (NYSE:JHG) by 0.6% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 14,227,134 shares of the company’s stock after acquiring an additional 78,321 shares during the quarter. Vanguard Group Inc. owned about 9.03% of Janus Henderson Group worth $514,311,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently modified their holdings of the stock. Louisiana State Employees Retirement System increased its stake in shares of Janus Henderson Group by 0.8% during the 1st quarter. Louisiana State Employees Retirement System now owns 35,600 shares of the company’s stock valued at $1,287,000 after acquiring an additional 300 shares during the last quarter. Wells Fargo & Company MN increased its stake in shares of Janus Henderson Group by 4.0% during the 4th quarter. Wells Fargo & Company MN now owns 8,755 shares of the company’s stock valued at $372,000 after acquiring an additional 339 shares during the last quarter. UMB Bank n.a. increased its stake in shares of Janus Henderson Group by 48.9% during the 1st quarter. UMB Bank n.a. now owns 1,172 shares of the company’s stock valued at $42,000 after acquiring an additional 385 shares during the last quarter. ProShare Advisors LLC increased its stake in shares of Janus Henderson Group by 7.2% during the 4th quarter. ProShare Advisors LLC now owns 5,952 shares of the company’s stock valued at $253,000 after acquiring an additional 398 shares during the last quarter. Finally, State of Alaska Department of Revenue increased its stake in shares of Janus Henderson Group by 2.8% during the 1st quarter. State of Alaska Department of Revenue now owns 14,904 shares of the company’s stock valued at $538,000 after acquiring an additional 400 shares during the last quarter. Institutional investors and hedge funds own 87.94% of the company’s stock.

Wall Street Analysts Forecast Growth

JHG has been the subject of a number of research analyst reports. Wells Fargo & Company upped their price objective on shares of Janus Henderson Group from $37.00 to $44.00 and gave the company an “equal weight” rating in a research note on Friday, July 11th. Evercore ISI increased their target price on shares of Janus Henderson Group from $33.00 to $35.00 and gave the stock an “in-line” rating in a research report on Friday, May 2nd. Cowen reissued a “buy” rating on shares of Janus Henderson Group in a research report on Wednesday, May 14th. Morgan Stanley increased their target price on shares of Janus Henderson Group from $33.00 to $36.00 and gave the stock an “equal weight” rating in a research report on Wednesday, July 2nd. Finally, JPMorgan Chase & Co. increased their target price on shares of Janus Henderson Group from $44.00 to $47.00 and gave the stock an “overweight” rating in a research report on Wednesday, July 16th. Six equities research analysts have rated the stock with a hold rating and five have issued a buy rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus target price of $43.33.

Janus Henderson Group Stock Down 0.4%

NYSE JHG opened at $44.17 on Friday. The stock has a market cap of $6.89 billion, a PE ratio of 16.61, a P/E/G ratio of 1.07 and a beta of 1.46. Janus Henderson Group plc has a fifty-two week low of $28.26 and a fifty-two week high of $46.68. The business has a 50 day moving average price of $40.38 and a two-hundred day moving average price of $38.46. The company has a quick ratio of 3.91, a current ratio of 4.49 and a debt-to-equity ratio of 0.08.

Janus Henderson Group (NYSE:JHG) last released its quarterly earnings results on Thursday, July 31st. The company reported $0.90 earnings per share for the quarter, topping analysts’ consensus estimates of $0.84 by $0.06. The firm had revenue of $633.20 million during the quarter, compared to analysts’ expectations of $614.46 million. Janus Henderson Group had a return on equity of 12.01% and a net margin of 16.06%. Janus Henderson Group’s quarterly revenue was up 7.6% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.85 EPS. As a group, sell-side analysts predict that Janus Henderson Group plc will post 3.75 EPS for the current fiscal year.

Janus Henderson Group Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, August 28th. Shareholders of record on Monday, August 11th will be issued a $0.40 dividend. This represents a $1.60 dividend on an annualized basis and a yield of 3.6%. The ex-dividend date is Monday, August 11th. Janus Henderson Group’s dividend payout ratio is currently 60.15%.

Insiders Place Their Bets

In other Janus Henderson Group news, insider Georgina Fogo sold 69,000 shares of the company’s stock in a transaction that occurred on Monday, August 4th. The stock was sold at an average price of $43.07, for a total value of $2,971,830.00. Following the completion of the transaction, the insider owned 58,057 shares in the company, valued at $2,500,514.99. This represents a 54.31% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 19.60% of the stock is currently owned by corporate insiders.

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.