14,460 Shares in Janus Henderson Group plc (NYSE:JHG) Bought by AdvisorShares Investments LLC

AdvisorShares Investments LLC purchased a new stake in Janus Henderson Group plc (NYSE:JHG - Free Report) during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 14,460 shares of the company's stock, valued at approximately $485,000.

A number of other institutional investors also recently modified their holdings of the company. Norges Bank acquired a new stake in Janus Henderson Group in the 4th quarter valued at approximately $20,791,000. Dimensional Fund Advisors LP raised its holdings in shares of Janus Henderson Group by 6.0% in the fourth quarter. Dimensional Fund Advisors LP now owns 7,444,113 shares of the company's stock valued at $224,442,000 after purchasing an additional 419,392 shares during the last quarter. Smith Group Asset Management LLC bought a new stake in shares of Janus Henderson Group in the first quarter worth $7,190,000. CHURCHILL MANAGEMENT Corp acquired a new position in Janus Henderson Group during the first quarter worth $6,793,000. Finally, Jacobs Levy Equity Management Inc. boosted its holdings in Janus Henderson Group by 124.5% during the first quarter. Jacobs Levy Equity Management Inc. now owns 327,393 shares of the company's stock worth $10,768,000 after purchasing an additional 181,587 shares during the last quarter. 87.94% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

Several brokerages have issued reports on JHG. StockNews.com lowered shares of Janus Henderson Group from a "buy" rating to a "hold" rating in a research note on Friday, August 16th. UBS Group raised Janus Henderson Group from a "sell" rating to a "neutral" rating and lifted their target price for the company from $33.00 to $37.00 in a research report on Monday. JPMorgan Chase & Co. increased their price target on Janus Henderson Group from $38.00 to $39.00 and gave the company a "neutral" rating in a research report on Friday, August 2nd. Deutsche Bank Aktiengesellschaft boosted their price target on Janus Henderson Group from $36.00 to $37.00 and gave the stock a "hold" rating in a research report on Thursday, August 15th. Finally, TD Cowen upped their price objective on Janus Henderson Group from $37.00 to $38.00 and gave the stock a "buy" rating in a research note on Monday, July 8th. One equities research analyst has rated the stock with a sell rating, six have given a hold rating and two have assigned a buy rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of "Hold" and a consensus price target of $32.92.

Get Our Latest Research Report on JHG

Janus Henderson Group Stock Performance

Shares of NYSE JHG opened at $35.66 on Wednesday. Janus Henderson Group plc has a 12 month low of $22.17 and a 12 month high of $39.11. The stock has a 50 day moving average of $35.83 and a 200-day moving average of $33.72. The company has a current ratio of 4.05, a quick ratio of 2.67 and a debt-to-equity ratio of 0.07. The company has a market capitalization of $5.68 billion, a P/E ratio of 13.46, a P/E/G ratio of 0.71 and a beta of 1.51.

Janus Henderson Group (NYSE:JHG - Get Free Report) last released its quarterly earnings data on Thursday, August 1st. The company reported $0.85 EPS for the quarter, topping analysts' consensus estimates of $0.74 by $0.11. The firm had revenue of $588.40 million during the quarter, compared to analysts' expectations of $568.79 million. Janus Henderson Group had a net margin of 21.02% and a return on equity of 10.76%. The company's revenue for the quarter was up 13.9% compared to the same quarter last year. During the same period in the previous year, the business posted $0.62 earnings per share. As a group, equities research analysts predict that Janus Henderson Group plc will post 3.23 EPS for the current year.

Janus Henderson Group Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, August 28th. Investors of record on Monday, August 12th were paid a $0.39 dividend. The ex-dividend date was Monday, August 12th. This represents a $1.56 dividend on an annualized basis and a yield of 4.37%. Janus Henderson Group's dividend payout ratio (DPR) is currently 58.87%.

Insider Buying and Selling at Janus Henderson Group

In other news, CAO Michelle Rosenberg sold 7,651 shares of the business's stock in a transaction that occurred on Monday, August 19th. The stock was sold at an average price of $36.51, for a total transaction of $279,338.01. Following the completion of the sale, the chief accounting officer now owns 89,048 shares in the company, valued at $3,251,142.48. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. In other Janus Henderson Group news, major shareholder Henderson Group Plc Janus purchased 28,326 shares of the stock in a transaction that occurred on Friday, July 5th. The shares were acquired at an average cost of $3.43 per share, with a total value of $97,158.18. Following the completion of the transaction, the insider now owns 1,676,903 shares in the company, valued at $5,751,777.29. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CAO Michelle Rosenberg sold 7,651 shares of the stock in a transaction that occurred on Monday, August 19th. The stock was sold at an average price of $36.51, for a total transaction of $279,338.01. Following the transaction, the chief accounting officer now owns 89,048 shares in the company, valued at approximately $3,251,142.48. The disclosure for this sale can be found here. Insiders have purchased a total of 492,997 shares of company stock valued at $1,667,418 in the last three months. 19.60% of the stock is currently owned by company insiders.

Janus Henderson Group Company 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.

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