Cetera Investment Advisers Purchases 10,955 Shares of Janus Henderson Group plc (NYSE:JHG)

Key Points

• Cetera Investment Advisers increased its stake in Janus Henderson Group by 15.2%, acquiring an additional 10,955 shares, bringing its total holdings to 83,039 shares valued at approximately $3 million.
• The company reported an earnings per share (EPS) of $0.90 in its last quarter, surpassing analysts' expectations of $0.84, with revenues of $633.2 million, up 7.6% year-over-year.
• Janus Henderson Group recently declared a quarterly dividend of $0.40 per share, which translates to an annualized dividend yield of 3.7%.

Cetera Investment Advisers raised its stake in shares of Janus Henderson Group plc (NYSE:JHG - Free Report) by 15.2% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 83,039 shares of the company's stock after purchasing an additional 10,955 shares during the quarter. Cetera Investment Advisers owned 0.05% of Janus Henderson Group worth $3,002,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors also recently added to or reduced their stakes in the company. Pictet Asset Management Holding SA lifted its holdings in Janus Henderson Group by 13.0% during the 4th quarter. Pictet Asset Management Holding SA now owns 19,182 shares of the company's stock worth $816,000 after buying an additional 2,204 shares in the last quarter. Orion Portfolio Solutions LLC boosted its stake in Janus Henderson Group by 45.8% in the 4th quarter. Orion Portfolio Solutions LLC now owns 13,363 shares of the company's stock worth $568,000 after purchasing an additional 4,200 shares during the period. Wellington Management Group LLP boosted its stake in Janus Henderson Group by 55.0% in the 4th quarter. Wellington Management Group LLP now owns 115,387 shares of the company's stock worth $4,907,000 after purchasing an additional 40,951 shares during the period. Wells Fargo & Company MN grew its holdings in shares of Janus Henderson Group by 4.0% in the 4th quarter. Wells Fargo & Company MN now owns 8,755 shares of the company's stock valued at $372,000 after acquiring an additional 339 shares in the last quarter. Finally, Envestnet Asset Management Inc. lifted its stake in Janus Henderson Group by 4.1% in the 4th quarter. Envestnet Asset Management Inc. now owns 248,540 shares of the company's stock valued at $10,570,000 after purchasing an additional 9,896 shares during the last quarter. 87.94% of the stock is owned by institutional investors and hedge funds.

Janus Henderson Group Price Performance

NYSE JHG opened at $43.00 on Wednesday. The company has a market capitalization of $6.71 billion, a price-to-earnings ratio of 16.16, a PEG ratio of 1.04 and a beta of 1.46. The stock has a 50-day moving average of $39.41 and a 200 day moving average of $38.41. Janus Henderson Group plc has a one year low of $28.26 and a one year high of $46.68. The company has a debt-to-equity ratio of 0.08, a quick ratio of 2.30 and a current ratio of 4.49.

Janus Henderson Group (NYSE:JHG - Get Free Report) last announced its earnings results on Thursday, July 31st. The company reported $0.90 EPS for the quarter, beating analysts' consensus estimates of $0.84 by $0.06. The business had revenue of $633.20 million during the quarter, compared to analysts' expectations of $614.46 million. Janus Henderson Group had a net margin of 16.06% and a return on equity of 12.01%. The firm's revenue was up 7.6% on a year-over-year basis. During the same period in the prior year, the company earned $0.85 earnings per share. On average, sell-side analysts forecast that Janus Henderson Group plc will post 3.75 EPS for the current year.

Janus Henderson Group Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Thursday, August 28th. Shareholders of record on Monday, August 11th will be issued a dividend of $0.40 per share. This represents a $1.60 annualized dividend and a yield of 3.7%. The ex-dividend date is Monday, August 11th. Janus Henderson Group's dividend payout ratio (DPR) is currently 60.15%.

Analyst Ratings Changes

Several research analysts have weighed in on the stock. Cowen reissued a "buy" rating on shares of Janus Henderson Group in a report on Wednesday, May 14th. Morgan Stanley lifted their price target on shares of Janus Henderson Group from $33.00 to $36.00 and gave the stock an "equal weight" rating in a report on Wednesday, July 2nd. 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 report on Friday, July 11th. JPMorgan Chase & Co. upped their price objective on shares of Janus Henderson Group from $44.00 to $47.00 and gave the stock an "overweight" rating in a research report on Wednesday, July 16th. Finally, Evercore ISI upped their price target on Janus Henderson Group from $33.00 to $35.00 and gave the company an "in-line" rating in a research report on Friday, May 2nd. Six research analysts have rated the stock with a hold rating and five have 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 $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.

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