31,700 Shares in Janus Henderson Group plc (NYSE:JHG) Bought by Dynamic Technology Lab Private Ltd

Dynamic Technology Lab Private Ltd purchased a new position in shares of Janus Henderson Group plc (NYSE:JHG) in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund purchased 31,700 shares of the company’s stock, valued at approximately $1,207,000.

Several other large investors have also added to or reduced their stakes in JHG. Dimensional Fund Advisors LP lifted its holdings in shares of Janus Henderson Group by 4.4% during 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 period. Millennium Management LLC lifted its stake in Janus Henderson Group by 43.5% during the 2nd quarter. Millennium Management LLC now owns 5,968,705 shares of the company’s stock valued at $201,205,000 after acquiring an additional 1,809,249 shares during the period. Charles Schwab Investment Management Inc. boosted its holdings in shares of Janus Henderson Group by 0.8% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 4,446,079 shares of the company’s stock valued at $169,262,000 after acquiring an additional 36,711 shares during the last quarter. Ariel Investments LLC increased its stake in shares of Janus Henderson Group by 0.7% in the second quarter. Ariel Investments LLC now owns 2,256,434 shares of the company’s stock worth $76,064,000 after acquiring an additional 16,653 shares during the period. Finally, Principal Financial Group Inc. raised its holdings in shares of Janus Henderson Group by 28.9% during the third quarter. Principal Financial Group Inc. now owns 2,081,630 shares of the company’s stock worth $79,248,000 after purchasing an additional 467,049 shares during the last quarter. Hedge funds and other institutional investors own 87.94% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities research analysts have weighed in on the company. Deutsche Bank Aktiengesellschaft increased their price target on Janus Henderson Group from $42.00 to $44.00 and gave the stock a “hold” rating in a research report on Monday, November 11th. JPMorgan Chase & Co. raised their target price on Janus Henderson Group from $38.00 to $39.00 and gave the stock a “neutral” rating in a report on Friday, August 2nd. StockNews.com downgraded Janus Henderson Group from a “buy” rating to a “hold” rating in a report on Friday, August 16th. 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 note on Tuesday, October 22nd. Finally, Wells Fargo & Company boosted their target price on shares of Janus Henderson Group from $37.00 to $38.00 and gave the company an “equal weight” rating in a research note on Wednesday, October 9th. 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. Based on data from MarketBeat.com, the company has a consensus 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 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 transaction of $320,400.00. Following the completion of 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 6.47 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. 19.60% of the stock is owned by corporate insiders.

Janus Henderson Group Stock Performance

NYSE:JHG opened at $45.32 on Wednesday. The company has a fifty day moving average of $41.03 and a two-hundred day moving average of $37.09. Janus Henderson Group plc has a fifty-two week low of $25.39 and a fifty-two week high of $45.74. The stock has a market capitalization of $7.20 billion, a PE ratio of 17.91, a P/E/G ratio of 0.59 and a beta of 1.49. The company has a debt-to-equity ratio of 0.09, a quick ratio of 2.08 and a current ratio of 3.08.

Janus Henderson Group (NYSE:JHG) last issued its quarterly earnings results 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. 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 for the quarter, compared to analyst estimates of $600.88 million. During the same period last year, the company posted $0.64 EPS. Janus Henderson Group’s quarterly revenue was up 19.9% compared to the same quarter last year. As a group, research analysts forecast that Janus Henderson Group plc will post 3.43 earnings per share for the current fiscal year.

Janus Henderson Group Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Wednesday, November 27th. Investors of record on Wednesday, November 27th will be given a dividend of $0.39 per share. This represents a $1.56 annualized dividend and a dividend yield of 3.44%. The ex-dividend date is Wednesday, November 27th. Janus Henderson Group’s payout ratio is 61.66%.

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.