Janus Henderson Group plc (NYSE:JHG) Stock Position Lifted by Van ECK Associates Corp

Van ECK Associates Corp grew its holdings in Janus Henderson Group plc (NYSE:JHG) by 38.2% in the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 75,645 shares of the company’s stock after acquiring an additional 20,915 shares during the period. Van ECK Associates Corp’s holdings in Janus Henderson Group were worth $2,975,000 as of its most recent SEC filing.

Several other large investors also recently added to or reduced their stakes in the business. Confluence Wealth Services Inc. grew its position in Janus Henderson Group by 6.2% in the third quarter. Confluence Wealth Services Inc. now owns 31,654 shares of the company’s stock worth $1,205,000 after acquiring an additional 1,838 shares in the last quarter. Farther Finance Advisors LLC grew its position in Janus Henderson Group by 70.6% in the third quarter. Farther Finance Advisors LLC now owns 1,390 shares of the company’s stock worth $53,000 after acquiring an additional 575 shares in the last quarter. Measured Wealth Private Client Group LLC grew its position in Janus Henderson Group by 12.2% in the third quarter. Measured Wealth Private Client Group LLC now owns 26,635 shares of the company’s stock worth $1,014,000 after acquiring an additional 2,897 shares in the last quarter. First Trust Direct Indexing L.P. grew its position in Janus Henderson Group by 13.4% in the third quarter. First Trust Direct Indexing L.P. now owns 7,638 shares of the company’s stock worth $291,000 after acquiring an additional 905 shares in the last quarter. Finally, Nisa Investment Advisors LLC grew its position in Janus Henderson Group by 7.0% in the third quarter. Nisa Investment Advisors LLC now owns 24,500 shares of the company’s stock worth $933,000 after acquiring an additional 1,600 shares in the last quarter. 87.94% of the stock is owned by institutional investors.

Janus Henderson Group Price Performance

NYSE:JHG opened at $44.21 on Friday. The stock has a market cap of $7.03 billion, a P/E ratio of 17.47, a PEG ratio of 0.59 and a beta of 1.49. Janus Henderson Group plc has a one year low of $24.04 and a one year high of $44.85. The company has a fifty day moving average price of $39.02 and a 200 day moving average price of $35.97. The company has a debt-to-equity ratio of 0.09, a current ratio of 3.08 and a quick ratio of 2.08.

Janus Henderson Group (NYSE:JHG) last released its earnings results on Thursday, October 31st. The company reported $0.91 EPS for the quarter, beating the consensus estimate of $0.80 by $0.11. Janus Henderson Group had a net margin of 17.33% and a return on equity of 11.49%. The firm had revenue of $624.80 million during the quarter, compared to analysts’ expectations of $600.88 million. During the same period in the prior year, the company earned $0.64 EPS. The business’s quarterly revenue was up 19.9% compared to the same quarter last year. Analysts anticipate that Janus Henderson Group plc will post 3.4 earnings per share for the current year.

Janus Henderson Group Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, November 27th. Stockholders of record on Wednesday, November 27th will be paid a $0.39 dividend. This represents a $1.56 dividend on an annualized basis and a dividend yield of 3.53%. The ex-dividend date is Wednesday, November 27th. Janus Henderson Group’s dividend payout ratio is 61.66%.

Insider Transactions at Janus Henderson Group

In other news, CFO Roger Mj Thompson sold 9,000 shares of the company’s stock in a transaction dated Thursday, September 12th. The shares were sold at an average price of $35.60, for a total value of $320,400.00. Following the sale, the chief financial officer now owns 130,171 shares of the company’s stock, valued at approximately $4,634,087.60. This represents a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. In other Janus Henderson Group news, CFO Roger Mj Thompson sold 9,000 shares of the stock in a transaction dated Thursday, September 12th. The shares were sold at an average price of $35.60, for a total transaction of $320,400.00. Following the sale, the chief financial officer now owns 130,171 shares of the company’s stock, valued at $4,634,087.60. This represents a 0.00 % decrease in their position. The sale was disclosed in a legal filing 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 dated Monday, August 19th. The stock was sold at an average price of $36.51, for a total transaction of $279,338.01. Following the sale, the chief accounting officer now directly owns 89,048 shares in the company, valued at approximately $3,251,142.48. This represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders have sold 25,651 shares of company stock valued at $918,158. 19.60% of the stock is owned by insiders.

Analyst Ratings Changes

Several research firms have commented on JHG. Deutsche Bank Aktiengesellschaft boosted their target price on shares of Janus Henderson Group from $40.00 to $42.00 and gave the stock a “hold” rating in a research report on Friday, November 1st. StockNews.com cut shares of Janus Henderson Group from a “buy” rating to a “hold” rating in a research note on Friday, August 16th. The Goldman Sachs Group boosted their price objective on shares of Janus Henderson Group from $36.00 to $37.00 and gave the stock a “sell” rating in a research note on Thursday, October 3rd. Evercore ISI boosted their price objective on shares of Janus Henderson Group from $40.00 to $43.00 and gave the stock an “in-line” rating in a research note on Thursday. Finally, Wells Fargo & Company boosted their price objective on shares of Janus Henderson Group from $37.00 to $38.00 and gave the stock an “equal weight” rating in a research note on Wednesday, October 9th. One analyst has rated the stock with a sell rating, seven have assigned a hold rating and one has issued a buy rating to the stock. According to MarketBeat, the stock has an average rating of “Hold” and a consensus target price of $41.50.

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.