Janus Henderson Group plc $JHG Shares Acquired by Creative Planning

Creative Planning raised its stake in Janus Henderson Group plc (NYSE:JHG) by 11.4% in the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 53,133 shares of the company’s stock after acquiring an additional 5,432 shares during the quarter. Creative Planning’s holdings in Janus Henderson Group were worth $2,064,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Avantax Advisory Services Inc. increased its position in Janus Henderson Group by 24.6% during the 1st quarter. Avantax Advisory Services Inc. now owns 7,919 shares of the company’s stock worth $286,000 after purchasing an additional 1,563 shares in the last quarter. Cetera Investment Advisers boosted its holdings in Janus Henderson Group by 15.2% in the first quarter. Cetera Investment Advisers now owns 83,039 shares of the company’s stock worth $3,002,000 after purchasing an additional 10,955 shares during the period. Zurcher Kantonalbank Zurich Cantonalbank grew its holdings in shares of Janus Henderson Group by 6.1% during the first quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 55,595 shares of the company’s stock valued at $2,010,000 after purchasing an additional 3,217 shares during the last quarter. LPL Financial LLC increased its holdings in shares of Janus Henderson Group by 9.8% in the 1st quarter. LPL Financial LLC now owns 183,044 shares of the company’s stock worth $6,617,000 after acquiring an additional 16,296 shares during the period. Finally, Mackenzie Financial Corp increased its position in Janus Henderson Group by 38.5% in the 1st quarter. Mackenzie Financial Corp now owns 68,841 shares of the company’s stock valued at $2,489,000 after acquiring an additional 19,125 shares during the period. Hedge funds and other institutional investors own 87.94% of the company’s stock.

Insider Activity

In other Janus Henderson Group news, CFO Roger Mj Thompson sold 27,491 shares of the stock in a transaction dated Thursday, September 11th. The stock was 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 directly owned 113,097 shares in the company, valued at $5,118,770.22. This represents a 19.55% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 19.60% of the stock is owned by company insiders.

Analyst Upgrades and Downgrades

Several equities research analysts have commented on JHG shares. Zacks Research upgraded shares of Janus Henderson Group from a “hold” rating to a “strong-buy” rating in a research report on Monday, October 13th. Cowen reissued a “buy” rating on shares of Janus Henderson Group in a research report on Friday, October 31st. Evercore ISI restated a “positive” rating on shares of Janus Henderson Group in a research note on Friday, October 31st. Bank of America increased their price target on shares of Janus Henderson Group from $49.00 to $50.00 and gave the stock a “buy” rating in a research note on Thursday, October 2nd. Finally, Morgan Stanley reissued a “positive” rating on shares of Janus Henderson Group in a report on Monday, October 6th. Two analysts have rated the stock with a Strong Buy rating, eight have assigned a Buy rating and two have assigned a Hold rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Buy” and a consensus target price of $48.11.

Janus Henderson Group Stock Down 0.9%

Shares of NYSE:JHG opened at $42.69 on Wednesday. The company has a market capitalization of $6.59 billion, a PE ratio of 16.05, a P/E/G ratio of 0.96 and a beta of 1.59. Janus Henderson Group plc has a 52 week low of $28.26 and a 52 week high of $49.42. The company has a debt-to-equity ratio of 0.08, a quick ratio of 3.91 and a current ratio of 4.49. The company’s fifty day moving average is $43.67 and its 200-day moving average is $41.71.

Janus Henderson Group (NYSE:JHG) last posted its quarterly earnings data on Thursday, October 30th. The company reported $1.09 EPS for the quarter, topping analysts’ consensus estimates of $1.01 by $0.08. Janus Henderson Group had a return on equity of 12.01% and a net margin of 16.06%.The company had revenue of $554.80 million for the quarter, compared to analyst estimates of $695.57 million. During the same quarter in the previous year, the firm earned $0.91 earnings per share. The business’s revenue was up 12.1% on a year-over-year basis. Equities research analysts predict that Janus Henderson Group plc will post 3.75 earnings per share for the current fiscal year.

Janus Henderson Group Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, November 26th. Investors of record on Monday, November 10th will be issued a dividend of $0.40 per share. The ex-dividend date is Monday, November 10th. This represents a $1.60 dividend on an annualized basis and a yield of 3.7%. Janus Henderson Group’s payout ratio is currently 46.92%.

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.