Point72 Asia Singapore Pte. Ltd. Takes Position in Janus Henderson Group plc (NYSE:JHG)

Point72 Asia Singapore Pte. Ltd. bought a new position in Janus Henderson Group plc (NYSE:JHG) in the second quarter, Holdings Channel reports. The institutional investor bought 6,725 shares of the company’s stock, valued at approximately $227,000.

Several other hedge funds and other institutional investors have also bought and sold shares of the company. Norges Bank bought a new stake in shares of Janus Henderson Group in the 4th quarter worth approximately $20,791,000. Dimensional Fund Advisors LP lifted its stake in Janus Henderson Group by 4.4% in the second quarter. Dimensional Fund Advisors LP now owns 8,090,743 shares of the company’s stock worth $272,741,000 after purchasing an additional 344,582 shares during the last quarter. Marshall Wace LLP boosted its position in Janus Henderson Group by 48.7% during the second quarter. Marshall Wace LLP now owns 1,000,823 shares of the company’s stock valued at $33,738,000 after buying an additional 327,819 shares during the period. Smith Group Asset Management LLC bought a new position in shares of Janus Henderson Group during the first quarter valued at about $7,190,000. Finally, CHURCHILL MANAGEMENT Corp purchased a new position in shares of Janus Henderson Group in the first quarter worth about $6,793,000. Hedge funds and other institutional investors own 87.94% of the company’s stock.

Insider Buying and Selling

In other news, major shareholder Henderson Group Plc Janus acquired 28,326 shares of the stock in a transaction on Friday, July 5th. The stock was acquired at an average price 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 of the company’s stock, valued at approximately $5,751,777.29. The purchase was disclosed in a document filed with the SEC, which is accessible through this link. In other Janus Henderson Group news, major shareholder Henderson Group Plc Janus bought 28,326 shares of the firm’s stock in a transaction on Friday, July 5th. The stock was acquired at an average price of $3.43 per share, with a total value of $97,158.18. Following the completion of the purchase, the insider now owns 1,676,903 shares of the company’s stock, valued at $5,751,777.29. The acquisition was disclosed in a document filed with the SEC, which is available at the SEC website. Also, 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 value of $279,338.01. Following the completion of the sale, the chief accounting officer now directly owns 89,048 shares in the company, valued at $3,251,142.48. The disclosure for this sale can be found here. Over the last ninety days, insiders have bought 492,997 shares of company stock valued at $1,667,418 and have sold 25,651 shares valued at $918,158. 19.60% of the stock is owned by insiders.

Janus Henderson Group Trading Up 0.5 %

NYSE:JHG opened at $38.19 on Friday. The company has a 50-day moving average price of $36.34 and a 200-day moving average price of $34.14. The stock has a market cap of $6.13 billion, a price-to-earnings ratio of 14.41, a P/E/G ratio of 0.77 and a beta of 1.51. The company has a current ratio of 4.05, a quick ratio of 2.67 and a debt-to-equity ratio of 0.07. Janus Henderson Group plc has a 12 month low of $22.17 and a 12 month high of $39.11.

Janus Henderson Group (NYSE:JHG) last issued its quarterly earnings data on Thursday, August 1st. The company reported $0.85 EPS for the quarter, topping the consensus estimate of $0.74 by $0.11. The business had revenue of $588.40 million during the quarter, compared to analyst estimates of $568.79 million. Janus Henderson Group had a net margin of 21.02% and a return on equity of 10.76%. Janus Henderson Group’s quarterly revenue was up 13.9% compared to the same quarter last year. During the same period last year, the business posted $0.62 earnings per share. Equities analysts predict that Janus Henderson Group plc will post 3.23 EPS for the current year.

Janus Henderson Group Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Wednesday, August 28th. Investors of record on Monday, August 12th were given a dividend of $0.39 per share. The ex-dividend date of this dividend was Monday, August 12th. This represents a $1.56 annualized dividend and a dividend yield of 4.08%. Janus Henderson Group’s dividend payout ratio is presently 58.87%.

Wall Street Analyst Weigh In

JHG has been the topic of several recent research reports. JPMorgan Chase & Co. raised their price target on Janus Henderson Group from $38.00 to $39.00 and gave the stock a “neutral” rating in a research report on Friday, August 2nd. Wells Fargo & Company started coverage on shares of Janus Henderson Group in a research note on Thursday, September 12th. They issued an “equal weight” rating and a $37.00 target price on the stock. StockNews.com cut shares of Janus Henderson Group from a “buy” rating to a “hold” rating in a research report on Friday, August 16th. UBS Group raised shares of Janus Henderson Group from a “sell” rating to a “neutral” rating and raised their price target for the stock from $33.00 to $37.00 in a report on Monday, September 9th. Finally, TD Cowen upped their price objective on shares of Janus Henderson Group from $37.00 to $38.00 and gave the company a “buy” rating in a research note on Monday, July 8th. One equities research analyst has rated the stock with a sell rating, seven have given a hold rating and two have assigned a buy rating to the company. According to data from MarketBeat, the company has a consensus rating of “Hold” and a consensus target price of $33.33.

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.