KLP Kapitalforvaltning AS Has $1.03 Million Position in Janus Henderson Group plc $JHG

KLP Kapitalforvaltning AS grew its stake in Janus Henderson Group plc (NYSE:JHG) by 6.0% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 26,400 shares of the company’s stock after purchasing an additional 1,500 shares during the period. KLP Kapitalforvaltning AS’s holdings in Janus Henderson Group were worth $1,025,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds also recently made changes to their positions in the company. Brooklyn Investment Group boosted its stake in shares of Janus Henderson Group by 182.2% in the 1st quarter. Brooklyn Investment Group now owns 920 shares of the company’s stock valued at $33,000 after purchasing an additional 594 shares in the last quarter. Allworth Financial LP raised its holdings in Janus Henderson Group by 87.9% in the 1st quarter. Allworth Financial LP now owns 1,462 shares of the company’s stock valued at $48,000 after buying an additional 684 shares during the last quarter. Fifth Third Bancorp raised its holdings in Janus Henderson Group by 40.2% in the 2nd quarter. Fifth Third Bancorp now owns 2,167 shares of the company’s stock valued at $84,000 after buying an additional 621 shares during the last quarter. UMB Bank n.a. raised its holdings in Janus Henderson Group by 86.3% in the 2nd quarter. UMB Bank n.a. now owns 2,183 shares of the company’s stock valued at $85,000 after buying an additional 1,011 shares during the last quarter. Finally, Farther Finance Advisors LLC raised its holdings in Janus Henderson Group by 82.3% in the 1st quarter. Farther Finance Advisors LLC now owns 2,299 shares of the company’s stock valued at $83,000 after buying an additional 1,038 shares during the last quarter. 87.94% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity at Janus Henderson Group

In related news, CFO Roger Mj Thompson sold 27,491 shares of Janus Henderson Group 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 sale, the chief financial officer owned 113,097 shares of the company’s stock, valued at approximately $5,118,770.22. This trade represents a 19.55% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, 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 completion of the sale, the insider directly owned 58,057 shares of the company’s stock, valued at approximately $2,500,514.99. The trade was a 54.31% decrease in their position. The disclosure for this sale can be found here. Company insiders own 19.60% of the company’s stock.

Janus Henderson Group Stock Performance

Shares of JHG stock opened at $44.35 on Thursday. The company has a market cap of $6.92 billion, a price-to-earnings ratio of 16.67, a price-to-earnings-growth ratio of 0.96 and a beta of 1.54. Janus Henderson Group plc has a 52 week low of $28.26 and a 52 week high of $46.68. The company has a quick ratio of 3.91, a current ratio of 4.49 and a debt-to-equity ratio of 0.08. The firm has a 50 day moving average of $44.19 and a 200-day moving average of $39.48.

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

Janus Henderson Group Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, August 28th. Stockholders of record on Monday, August 11th were given 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 dividend yield of 3.6%. Janus Henderson Group’s dividend payout ratio (DPR) is 60.15%.

Analysts Set New Price Targets

A number of research analysts recently issued reports on JHG shares. Weiss Ratings reiterated a “buy (b-)” rating on shares of Janus Henderson Group in a report on Wednesday, October 8th. Bank of America raised their price objective on shares of Janus Henderson Group from $49.00 to $50.00 and gave the company a “buy” rating in a report on Thursday, October 2nd. Wall Street Zen upgraded shares of Janus Henderson Group from a “hold” rating to a “buy” rating in a report on Saturday, October 11th. BMO Capital Markets started coverage on shares of Janus Henderson Group in a report on Friday, October 3rd. They issued an “outperform” rating and a $52.00 price objective for the company. Finally, Zacks Research upgraded shares of Janus Henderson Group from a “hold” rating to a “strong-buy” rating in a report on Monday. Two investment analysts have rated the stock with a Strong Buy rating, seven have issued a Buy rating and four have issued a Hold rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $47.00.

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.