Atria Investments Inc Has $373,000 Stock Position in Janus Henderson Group plc (NYSE:JHG)

Atria Investments Inc boosted its position in Janus Henderson Group plc (NYSE:JHG) by 8.8% in the 3rd quarter, HoldingsChannel reports. The firm owned 9,791 shares of the company’s stock after acquiring an additional 795 shares during the period. Atria Investments Inc’s holdings in Janus Henderson Group were worth $373,000 as of its most recent filing with the SEC.

Other hedge funds have also bought and sold shares of the company. Versant Capital Management Inc acquired a new stake in Janus Henderson Group in the 2nd quarter valued at about $34,000. Larson Financial Group LLC lifted its stake in Janus Henderson Group by 401.6% in the 2nd quarter. Larson Financial Group LLC now owns 1,249 shares of the company’s stock valued at $42,000 after purchasing an additional 1,000 shares during the last quarter. Abich Financial Wealth Management LLC lifted its stake in Janus Henderson Group by 41.9% in the 1st quarter. Abich Financial Wealth Management LLC now owns 1,420 shares of the company’s stock valued at $47,000 after purchasing an additional 419 shares during the last quarter. Farther Finance Advisors LLC lifted its stake in Janus Henderson Group by 70.6% in the 3rd quarter. Farther Finance Advisors LLC now owns 1,390 shares of the company’s stock valued at $53,000 after purchasing an additional 575 shares during the last quarter. Finally, GAMMA Investing LLC lifted its stake in Janus Henderson Group by 159.6% in the 2nd quarter. GAMMA Investing LLC now owns 2,440 shares of the company’s stock valued at $82,000 after purchasing an additional 1,500 shares during the last quarter. 87.94% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

JHG has been the subject of several recent analyst reports. Morgan Stanley raised their target price on shares of Janus Henderson Group from $39.00 to $42.00 and gave the company an “equal weight” rating in a research note on Friday, October 18th. JPMorgan Chase & Co. raised their price objective on shares of Janus Henderson Group from $38.00 to $39.00 and gave the stock a “neutral” rating in a research report on Friday, August 2nd. StockNews.com downgraded shares of Janus Henderson Group from a “buy” rating to a “hold” rating in a research report on Friday, August 16th. TD Cowen raised their price objective on shares of Janus Henderson Group from $46.00 to $50.00 and gave the stock a “buy” rating in a research report on Friday, November 1st. Finally, UBS Group raised their price objective on shares of Janus Henderson Group from $37.00 to $41.00 and gave the stock a “neutral” rating in a research report on Tuesday, October 22nd. One research analyst has rated the stock with a sell rating, seven have given a hold rating and one has issued a buy rating to the company. According to data from MarketBeat, the company currently has an average rating of “Hold” and an average price target of $41.75.

Insider Activity at Janus Henderson Group

In related news, CFO Roger Mj Thompson sold 9,000 shares of Janus Henderson Group stock in a transaction that occurred on Thursday, September 12th. The shares were sold at an average price of $35.60, for a total value of $320,400.00. Following the transaction, the chief financial officer now directly owns 130,171 shares of the company’s stock, valued at $4,634,087.60. This trade represents a 6.47 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. 19.60% of the stock is currently owned by insiders.

Janus Henderson Group Stock Performance

Shares of NYSE:JHG opened at $44.87 on Friday. The company’s 50 day simple moving average is $40.53 and its 200 day simple moving average is $36.78. The stock has a market capitalization of $7.13 billion, a price-to-earnings ratio of 17.73, a price-to-earnings-growth ratio of 0.58 and a beta of 1.49. 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 plc has a 1 year low of $25.39 and a 1 year high of $45.67.

Janus Henderson Group (NYSE:JHG) last announced its quarterly earnings data on Thursday, October 31st. The company reported $0.91 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.80 by $0.11. The business had revenue of $624.80 million for the quarter, compared to analysts’ expectations of $600.88 million. Janus Henderson Group had a net margin of 17.33% and a return on equity of 11.49%. The firm’s quarterly revenue was up 19.9% compared to the same quarter last year. During the same period last year, the firm posted $0.64 earnings per share. As a group, research analysts predict that Janus Henderson Group plc will post 3.43 EPS 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 27th. Investors of record on Wednesday, November 27th will be paid a $0.39 dividend. The ex-dividend date is Wednesday, November 27th. This represents a $1.56 dividend on an annualized basis and a yield of 3.48%. Janus Henderson Group’s dividend payout ratio (DPR) is 61.66%.

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.