Benjamin Edwards Inc. Invests $220,000 in Janus Henderson Group plc $JHG

Key Points

• Benjamin Edwards Inc. has acquired a new stake in Janus Henderson Group plc, purchasing 6,073 shares valued at approximately $220,000 in the first quarter.
• The stock has a current market capitalization of $6.75 billion and recently reported earnings of $0.90 EPS, exceeding analyst estimates by six cents.
• A quarterly dividend of $0.40 per share will be distributed on August 28th, yielding approximately 3.7% with a payout ratio of 60.15%.

Benjamin Edwards Inc. bought a new position in Janus Henderson Group plc (NYSE:JHG - Free Report) in the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The fund bought 6,073 shares of the company's stock, valued at approximately $220,000.

A number of other large investors have also added to or reduced their stakes in JHG. Louisiana State Employees Retirement System lifted its stake in Janus Henderson Group by 0.8% in the first quarter. Louisiana State Employees Retirement System now owns 35,600 shares of the company's stock worth $1,287,000 after purchasing an additional 300 shares during the last quarter. Wells Fargo & Company MN grew its stake in shares of Janus Henderson Group by 4.0% during the fourth quarter. Wells Fargo & Company MN now owns 8,755 shares of the company's stock valued at $372,000 after buying an additional 339 shares during the last quarter. UMB Bank n.a. increased its holdings in shares of Janus Henderson Group by 48.9% in the first quarter. UMB Bank n.a. now owns 1,172 shares of the company's stock worth $42,000 after buying an additional 385 shares during the period. ProShare Advisors LLC lifted its stake in shares of Janus Henderson Group by 7.2% in the 4th quarter. ProShare Advisors LLC now owns 5,952 shares of the company's stock valued at $253,000 after acquiring an additional 398 shares during the last quarter. Finally, State of Alaska Department of Revenue boosted its holdings in Janus Henderson Group by 2.8% during the 1st quarter. State of Alaska Department of Revenue now owns 14,904 shares of the company's stock valued at $538,000 after acquiring an additional 400 shares during the period. Hedge funds and other institutional investors own 87.94% of the company's stock.

Insider Buying and Selling at Janus Henderson Group

In other news, insider Georgina Fogo sold 69,000 shares of Janus Henderson Group stock in a transaction that occurred on Monday, August 4th. The shares were sold at an average price of $43.07, for a total transaction of $2,971,830.00. Following the completion of the transaction, the insider directly owned 58,057 shares in the company, valued at approximately $2,500,514.99. This trade represents a 54.31% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Corporate insiders own 20.40% of the company's stock.

Janus Henderson Group Stock Down 0.6%

Shares of NYSE JHG traded down $0.2710 during mid-day trading on Wednesday, hitting $42.3290. 441,608 shares of the stock traded hands, compared to its average volume of 1,279,003. The company has a market cap of $6.60 billion, a price-to-earnings ratio of 15.92, a PEG ratio of 1.03 and a beta of 1.46. The stock has a fifty day moving average price of $40.74 and a 200-day moving average price of $38.40. Janus Henderson Group plc has a 52 week low of $28.26 and a 52 week high of $46.68. The company has a debt-to-equity ratio of 0.08, a quick ratio of 3.91 and a current ratio of 4.49.

Janus Henderson Group (NYSE:JHG - Get Free Report) last announced its quarterly earnings data on Thursday, July 31st. The company reported $0.90 EPS for the quarter, beating the consensus estimate of $0.84 by $0.06. The business had revenue of $633.20 million during 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 company's revenue for the quarter was up 7.6% on a year-over-year basis. During the same quarter last year, the firm posted $0.85 earnings per share. Research analysts anticipate that Janus Henderson Group plc will post 3.75 EPS for the current year.

Janus Henderson Group Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, August 28th. Shareholders of record on Monday, August 11th will be issued a $0.40 dividend. This represents a $1.60 dividend on an annualized basis and a yield of 3.8%. The ex-dividend date is Monday, August 11th. Janus Henderson Group's dividend payout ratio is 60.15%.

Wall Street Analyst Weigh In

A number of equities analysts have commented on the company. Wall Street Zen raised Janus Henderson Group from a "hold" rating to a "buy" rating in a research note on Saturday. JPMorgan Chase & Co. lifted their target price on shares of Janus Henderson Group from $44.00 to $47.00 and gave the stock an "overweight" rating in a research note on Wednesday, July 16th. Morgan Stanley increased their price target on shares of Janus Henderson Group from $33.00 to $36.00 and gave the company an "equal weight" rating in a research report on Wednesday, July 2nd. Evercore ISI raised their price target on shares of Janus Henderson Group from $33.00 to $35.00 and gave the stock an "in-line" rating in a report on Friday, May 2nd. Finally, Wells Fargo & Company upped their price objective on shares of Janus Henderson Group from $37.00 to $44.00 and gave the company an "equal weight" rating in a research note on Friday, July 11th. Five analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company. According to data from MarketBeat.com, Janus Henderson Group presently has an average rating of "Moderate Buy" and an average target price of $43.33.

About Janus Henderson Group

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.