Wealth Enhancement Advisory Services LLC Has $1.62 Million Stock Position in Janus Henderson Group plc $JHG

Wealth Enhancement Advisory Services LLC increased its stake in shares of Janus Henderson Group plc (NYSE:JHG) by 154.7% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 40,258 shares of the company’s stock after acquiring an additional 24,453 shares during the quarter. Wealth Enhancement Advisory Services LLC’s holdings in Janus Henderson Group were worth $1,622,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently bought and sold shares of the stock. Brooklyn Investment Group increased its holdings in shares of Janus Henderson Group by 182.2% during the 1st quarter. Brooklyn Investment Group now owns 920 shares of the company’s stock worth $33,000 after purchasing an additional 594 shares during the period. UMB Bank n.a. lifted its position in shares of Janus Henderson Group by 48.9% in the 1st quarter. UMB Bank n.a. now owns 1,172 shares of the company’s stock worth $42,000 after acquiring an additional 385 shares during the period. Allworth Financial LP grew its holdings in shares of Janus Henderson Group by 87.9% during the 1st quarter. Allworth Financial LP now owns 1,462 shares of the company’s stock worth $48,000 after purchasing an additional 684 shares in the last quarter. Farther Finance Advisors LLC increased its position in shares of Janus Henderson Group by 82.3% during the first quarter. Farther Finance Advisors LLC now owns 2,299 shares of the company’s stock valued at $83,000 after purchasing an additional 1,038 shares during the period. Finally, Wealthquest Corp bought a new stake in shares of Janus Henderson Group during the first quarter valued at approximately $115,000. 87.94% of the stock is owned by institutional investors.

Analyst Ratings Changes

Several research analysts recently commented on JHG shares. Zacks Research cut Janus Henderson Group from a “strong-buy” rating to a “hold” rating in a research report on Monday, September 8th. JPMorgan Chase & Co. lifted their target price on shares of Janus Henderson Group from $44.00 to $47.00 and gave the company an “overweight” rating in a research report on Wednesday, July 16th. Wall Street Zen cut shares of Janus Henderson Group from a “buy” rating to a “hold” rating in a research note on Saturday, August 30th. Evercore ISI raised their price target on shares of Janus Henderson Group from $45.00 to $48.00 and gave the stock an “in-line” rating in a research note on Friday, September 5th. Finally, Morgan Stanley lifted their price objective on Janus Henderson Group from $33.00 to $36.00 and gave the company an “equal weight” rating in a report on Wednesday, July 2nd. Five research analysts have rated the stock with a Buy rating and six have given a Hold rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus price target of $44.78.

Janus Henderson Group Trading Down 0.2%

JHG stock opened at $44.80 on Tuesday. 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 plc has a twelve month low of $28.26 and a twelve month high of $46.68. The company has a market cap of $6.99 billion, a P/E ratio of 16.84, a PEG ratio of 1.08 and a beta of 1.51. The business has a fifty day moving average of $43.86 and a 200-day moving average of $38.92.

Janus Henderson Group (NYSE:JHG) last announced its quarterly earnings data on Thursday, July 31st. The company reported $0.90 earnings per share for the quarter, topping the consensus estimate 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%.The company’s quarterly revenue was up 7.6% compared to the same quarter last year. During the same period in the previous year, the business posted $0.85 EPS. As a group, equities research analysts expect that Janus Henderson Group plc will post 3.75 EPS for the current year.

Janus Henderson Group Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, August 28th. Shareholders of record on Monday, August 11th were paid a $0.40 dividend. The ex-dividend date of this dividend was Monday, August 11th. This represents a $1.60 dividend on an annualized basis and a yield of 3.6%. Janus Henderson Group’s dividend payout ratio (DPR) is presently 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 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 completion of the sale, the insider owned 58,057 shares in the company, valued at approximately $2,500,514.99. The trade was a 54.31% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, CFO Roger Mj Thompson sold 27,491 shares of the stock in a transaction on Thursday, September 11th. The shares were sold at an average price of $45.26, for a total value of $1,244,242.66. Following the completion of the transaction, the chief financial officer directly owned 113,097 shares in the company, valued at approximately $5,118,770.22. This trade represents a 19.55% decrease in their position. The disclosure for this sale can be found here. 20.40% of the stock is currently owned by 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.