20,075 Shares in Janus Henderson Group plc $JHG Acquired by Sequoia Financial Advisors LLC

Key Points

• Sequoia Financial Advisors LLC acquired 20,075 shares of Janus Henderson Group plc ($JHG), valued at approximately $780,000, as reported in their latest 13F filing with the SEC.
• Multiple large investors have recently increased their stakes in Janus Henderson Group, with institutional investors now owning 87.94% of the company's stock.
• Janus Henderson Group announced a quarterly dividend of $0.40 per share, representing a 3.8% yield, and reported better-than-expected earnings with a profit of $0.90 per share for the last quarter.

Sequoia Financial Advisors LLC acquired a new position in Janus Henderson Group plc (NYSE:JHG - Free Report) during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 20,075 shares of the company's stock, valued at approximately $780,000.

A number of other large investors have also recently added to or reduced their stakes in JHG. Nuveen LLC bought a new stake in shares of Janus Henderson Group in the first quarter valued at approximately $21,890,000. Hsbc Holdings PLC raised its stake in shares of Janus Henderson Group by 821.8% in the first quarter. Hsbc Holdings PLC now owns 463,104 shares of the company's stock valued at $16,519,000 after purchasing an additional 412,865 shares in the last quarter. Charles Schwab Investment Management Inc. raised its stake in shares of Janus Henderson Group by 7.7% in the first quarter. Charles Schwab Investment Management Inc. now owns 4,946,058 shares of the company's stock valued at $178,800,000 after purchasing an additional 352,617 shares in the last quarter. Jupiter Asset Management Ltd. raised its stake in Janus Henderson Group by 48.5% during the first quarter. Jupiter Asset Management Ltd. now owns 995,445 shares of the company's stock worth $35,985,000 after acquiring an additional 325,240 shares in the last quarter. Finally, Jane Street Group LLC raised its stake in Janus Henderson Group by 1,924.0% during the first quarter. Jane Street Group LLC now owns 279,352 shares of the company's stock worth $10,099,000 after acquiring an additional 265,550 shares in the last quarter. Institutional investors own 87.94% of the company's stock.

Wall Street Analyst Weigh In

A number of analysts have recently weighed in on the company. Weiss Ratings restated a "buy (b-)" rating on shares of Janus Henderson Group in a research note on Wednesday, October 8th. Bank of America raised their price target on Janus Henderson Group from $49.00 to $50.00 and gave the company a "buy" rating in a report on Thursday, October 2nd. Wells Fargo & Company raised their target price on Janus Henderson Group from $37.00 to $44.00 and gave the stock an "equal weight" rating in a report on Friday, July 11th. JPMorgan Chase & Co. raised their target price on Janus Henderson Group from $44.00 to $47.00 and gave the stock an "overweight" rating in a report on Wednesday, July 16th. Finally, Wall Street Zen upgraded Janus Henderson Group from a "hold" rating to a "buy" rating in a report on Saturday, October 11th. Two investment analysts have rated the stock with a Strong Buy rating, seven have issued a Buy rating and four have issued a Hold rating to the stock. According to data from MarketBeat, Janus Henderson Group has a consensus rating of "Moderate Buy" and an average price target of $47.00.

Janus Henderson Group Stock Down 1.1%

NYSE:JHG opened at $41.73 on Friday. The firm has a market capitalization of $6.51 billion, a price-to-earnings ratio of 15.69, a price-to-earnings-growth ratio of 0.90 and a beta of 1.54. Janus Henderson Group plc has a twelve month low of $28.26 and a twelve month high of $46.68. The stock's 50 day moving average price is $44.16 and its two-hundred day moving average price is $39.57. The company has a quick ratio of 3.91, a current ratio of 4.49 and a debt-to-equity ratio of 0.08.

Janus Henderson Group (NYSE:JHG - Get Free Report) last posted its quarterly earnings results on Thursday, July 31st. The company reported $0.90 earnings per share for the quarter, topping the consensus estimate of $0.84 by $0.06. The firm had revenue of $633.20 million for the quarter, compared to analyst estimates of $614.46 million. Janus Henderson Group had a return on equity of 12.01% and a net margin of 16.06%.The business's quarterly revenue was up 7.6% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.85 EPS. Equities research analysts expect that Janus Henderson Group plc will post 3.75 earnings per share for the current fiscal year.

Janus Henderson Group Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, August 28th. Investors of record on Monday, August 11th were issued a dividend of $0.40 per share. The ex-dividend date of this dividend was Monday, August 11th. This represents a $1.60 dividend on an annualized basis and a dividend yield of 3.8%. Janus Henderson Group's payout ratio is presently 60.15%.

Insider Buying and Selling

In other Janus Henderson Group news, insider Georgina Fogo sold 69,000 shares of the company's stock in a transaction on Monday, August 4th. The stock was sold at an average price of $43.07, for a total value of $2,971,830.00. Following the transaction, the insider directly owned 58,057 shares of the company's stock, valued at $2,500,514.99. This represents a 54.31% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. Also, CFO Roger Mj Thompson sold 27,491 shares of the company's stock in a transaction on Thursday, September 11th. The shares were sold at an average price of $45.26, for a total value of $1,244,242.66. Following the completion of the transaction, the chief financial officer directly owned 113,097 shares in the company, valued at approximately $5,118,770.22. This represents a 19.55% decrease in their ownership of the stock. The disclosure for this sale can be found here. 19.60% of the stock is currently owned by insiders.

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.

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