GAMMA Investing LLC Increases Stake in Janus Henderson Group plc (NYSE:JHG)

GAMMA Investing LLC raised its holdings in shares of Janus Henderson Group plc (NYSE:JHG) by 19.8% during the 4th quarter, HoldingsChannel reports. The fund owned 3,380 shares of the company’s stock after acquiring an additional 558 shares during the quarter. GAMMA Investing LLC’s holdings in Janus Henderson Group were worth $144,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also recently modified their holdings of the company. Millennium Management LLC raised its holdings in Janus Henderson Group by 43.5% in the 2nd quarter. Millennium Management LLC now owns 5,968,705 shares of the company’s stock worth $201,205,000 after purchasing an additional 1,809,249 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its holdings in Janus Henderson Group by 350.9% during the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 1,062,869 shares of the company’s stock valued at $40,463,000 after purchasing an additional 827,132 shares during the period. AQR Capital Management LLC increased its position in Janus Henderson Group by 64.5% in the second quarter. AQR Capital Management LLC now owns 1,206,684 shares of the company’s stock worth $40,677,000 after buying an additional 473,308 shares in the last quarter. Principal Financial Group Inc. raised its stake in shares of Janus Henderson Group by 28.9% in the third quarter. Principal Financial Group Inc. now owns 2,081,630 shares of the company’s stock worth $79,248,000 after buying an additional 467,049 shares during the period. Finally, Dimensional Fund Advisors LP lifted its position in shares of Janus Henderson Group by 4.4% during the 2nd quarter. Dimensional Fund Advisors LP now owns 8,090,743 shares of the company’s stock valued at $272,741,000 after buying an additional 344,582 shares in the last quarter. Institutional investors own 87.94% of the company’s stock.

Janus Henderson Group Stock Performance

JHG opened at $42.41 on Friday. The company has a debt-to-equity ratio of 0.09, a quick ratio of 2.08 and a current ratio of 3.08. The stock has a market capitalization of $6.74 billion, a price-to-earnings ratio of 16.76, a PEG ratio of 0.62 and a beta of 1.50. The company has a fifty day moving average of $43.77 and a 200 day moving average of $39.27. Janus Henderson Group plc has a fifty-two week low of $28.19 and a fifty-two week high of $45.74.

Janus Henderson Group (NYSE:JHG) last issued its quarterly earnings data on Thursday, October 31st. The company reported $0.91 earnings per share for the quarter, beating analysts’ consensus estimates of $0.80 by $0.11. The firm had revenue of $624.80 million during the quarter, compared to analyst estimates of $600.88 million. Janus Henderson Group had a return on equity of 11.49% and a net margin of 17.33%. The business’s quarterly revenue was up 19.9% compared to the same quarter last year. During the same quarter last year, the business posted $0.64 earnings per share. As a group, sell-side analysts forecast that Janus Henderson Group plc will post 3.43 earnings per share for the current fiscal year.

Janus Henderson Group Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, November 27th. Shareholders of record on Wednesday, November 27th were paid a $0.39 dividend. This represents a $1.56 dividend on an annualized basis and a yield of 3.68%. The ex-dividend date of this dividend was Wednesday, November 27th. Janus Henderson Group’s payout ratio is 61.66%.

Wall Street Analyst Weigh In

JHG has been the subject of several analyst reports. Deutsche Bank Aktiengesellschaft increased their target price on shares of Janus Henderson Group from $42.00 to $44.00 and gave the stock a “hold” rating in a report on Monday, November 11th. Morgan Stanley increased their price objective on shares of Janus Henderson Group from $46.00 to $48.00 and gave the stock an “equal weight” rating in a research note on Friday, December 20th. TD Cowen lifted their target price on shares of Janus Henderson Group from $46.00 to $50.00 and gave the company a “buy” rating in a research note on Friday, November 1st. JPMorgan Chase & Co. cut their price target on Janus Henderson Group from $45.00 to $44.00 and set a “neutral” rating for the company in a research note on Tuesday. Finally, UBS Group raised their price target on Janus Henderson Group from $37.00 to $41.00 and gave the company a “neutral” rating in a report on Tuesday, October 22nd. Eight research analysts have rated the stock with a hold rating and one has issued a buy rating to the stock. Based on data from MarketBeat, Janus Henderson Group has a consensus rating of “Hold” and a consensus price target of $45.00.

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.