Janus Henderson Group plc $JHG Shares Purchased by HighTower Advisors LLC

HighTower Advisors LLC increased its position in shares of Janus Henderson Group plc (NYSE:JHG) by 28.3% during the first quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 11,084 shares of the company’s stock after acquiring an additional 2,444 shares during the quarter. HighTower Advisors LLC’s holdings in Janus Henderson Group were worth $401,000 as of its most recent filing with the SEC.

A number of other hedge funds have also recently bought and sold shares of JHG. Castlekeep Investment Advisors LLC acquired a new stake in Janus Henderson Group during the fourth quarter worth approximately $74,989,000. Millennium Management LLC boosted its holdings in shares of Janus Henderson Group by 23.9% in the 4th quarter. Millennium Management LLC now owns 7,247,633 shares of the company’s stock valued at $308,242,000 after purchasing an additional 1,399,781 shares during the last quarter. SG Americas Securities LLC boosted its holdings in shares of Janus Henderson Group by 4,233.1% in the 1st quarter. SG Americas Securities LLC now owns 834,380 shares of the company’s stock valued at $30,163,000 after purchasing an additional 815,124 shares during the last quarter. Nuveen LLC acquired a new position in shares of Janus Henderson Group in the 1st quarter valued at $21,890,000. Finally, Point72 Asset Management L.P. boosted its holdings in shares of Janus Henderson Group by 113.7% in the 4th quarter. Point72 Asset Management L.P. now owns 1,010,600 shares of the company’s stock valued at $42,981,000 after purchasing an additional 537,700 shares during the last quarter. Institutional investors and hedge funds own 87.94% of the company’s stock.

Insider Transactions at Janus Henderson Group

In related news, insider Georgina Fogo sold 69,000 shares of Janus Henderson Group stock in a transaction on Monday, August 4th. The shares were sold at an average price of $43.07, for a total transaction of $2,971,830.00. Following the sale, the insider owned 58,057 shares of the company’s stock, valued at $2,500,514.99. The trade was a 54.31% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. 20.40% of the stock is owned by company insiders.

Analysts Set New Price Targets

JHG has been the topic of a number of research analyst reports. Cowen reiterated a “buy” rating on shares of Janus Henderson Group in a report on Wednesday, May 14th. JPMorgan Chase & Co. lifted their price target on shares of Janus Henderson Group from $44.00 to $47.00 and gave the company an “overweight” rating in a report on Wednesday, July 16th. Wells Fargo & Company lifted their price target on shares of Janus Henderson Group from $37.00 to $44.00 and gave the company an “equal weight” rating in a report on Friday, July 11th. Morgan Stanley lifted their price target on shares of Janus Henderson Group from $33.00 to $36.00 and gave the company an “equal weight” rating in a report on Wednesday, July 2nd. Finally, Wall Street Zen lowered shares of Janus Henderson Group from a “buy” rating to a “hold” rating in a report on Saturday. Five investment analysts have rated the stock with a Buy rating and five have given a Hold rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $43.33.

Janus Henderson Group Stock Performance

Janus Henderson Group stock opened at $44.32 on Monday. Janus Henderson Group plc has a 12-month low of $28.26 and a 12-month high of $46.68. The company has a market capitalization of $6.91 billion, a price-to-earnings ratio of 16.66, a price-to-earnings-growth ratio of 1.07 and a beta of 1.51. The company has a debt-to-equity ratio of 0.08, a current ratio of 4.49 and a quick ratio of 3.91. The firm’s fifty day moving average price is $41.89 and its 200 day moving average price is $38.31.

Janus Henderson Group (NYSE:JHG) last released its quarterly earnings results on Thursday, July 31st. The company reported $0.90 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.84 by $0.06. Janus Henderson Group had a net margin of 16.06% and a return on equity of 12.01%. The firm had revenue of $633.20 million for the quarter, compared to the consensus estimate of $614.46 million. During the same quarter in the previous year, the firm posted $0.85 EPS. The firm’s quarterly revenue was up 7.6% on a year-over-year basis. On average, research analysts forecast that Janus Henderson Group plc will post 3.75 EPS for the current fiscal year.

Janus Henderson Group Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Thursday, August 28th. Investors of record on Monday, August 11th were paid a dividend of $0.40 per share. The ex-dividend date of this dividend was Monday, August 11th. This represents a $1.60 annualized dividend and a yield of 3.6%. Janus Henderson Group’s payout ratio is 60.15%.

About Janus Henderson Group

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.