Cubist Systematic Strategies LLC Acquires 199,827 Shares of Janus Henderson Group plc $JHG

Key Points

• Cubist Systematic Strategies LLC increased its stake in Janus Henderson Group plc by 242.8%, acquiring an additional 199,827 shares to hold a total of 282,131 shares valued at $10.2 million.
• Janus Henderson Group reported $0.90 earnings per share for the last quarter, exceeding analysts' expectations of $0.84, with revenue increasing by 7.6% year-over-year.
• The company declared a quarterly dividend of $0.40 per share, equating to an annualized yield of 3.6% and a payout ratio of 60.15%.

Cubist Systematic Strategies LLC increased its position in shares of Janus Henderson Group plc (NYSE:JHG - Free Report) by 242.8% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 282,131 shares of the company's stock after purchasing an additional 199,827 shares during the period. Cubist Systematic Strategies LLC owned 0.18% of Janus Henderson Group worth $10,199,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently modified their holdings of JHG. Wells Fargo & Company MN raised its position in shares of Janus Henderson Group by 4.0% during the 4th quarter. Wells Fargo & Company MN now owns 8,755 shares of the company's stock valued at $372,000 after purchasing an additional 339 shares during the period. Raymond James Financial Inc. bought a new stake in Janus Henderson Group in the 4th quarter valued at $726,000. Schonfeld Strategic Advisors LLC increased its holdings in Janus Henderson Group by 74.6% in the 4th quarter. Schonfeld Strategic Advisors LLC now owns 19,787 shares of the company's stock valued at $842,000 after acquiring an additional 8,456 shares during the last quarter. Mercer Global Advisors Inc. ADV increased its holdings in Janus Henderson Group by 7.5% in the 4th quarter. Mercer Global Advisors Inc. ADV now owns 31,364 shares of the company's stock valued at $1,334,000 after acquiring an additional 2,187 shares during the last quarter. Finally, AXA S.A. increased its holdings in Janus Henderson Group by 64.9% in the 4th quarter. AXA S.A. now owns 289,938 shares of the company's stock valued at $12,331,000 after acquiring an additional 114,106 shares during the last quarter. 87.94% of the stock is currently owned by institutional investors.

Insiders Place Their Bets

In related news, insider Georgina Fogo sold 69,000 shares of Janus Henderson Group stock in a transaction dated 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 sale, the insider owned 58,057 shares in the company, valued at $2,500,514.99. This trade represents a 54.31% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. 19.60% of the stock is owned by insiders.

Wall Street Analysts Forecast Growth

JHG has been the topic of a number of research reports. Evercore ISI lifted their price target on shares of Janus Henderson Group from $45.00 to $48.00 and gave the company an "in-line" rating in a report on Friday. Cowen reiterated a "buy" rating on shares of Janus Henderson Group in a report on Wednesday, May 14th. JPMorgan Chase & Co. lifted 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 note on Wednesday, July 16th. Wall Street Zen cut shares of Janus Henderson Group from a "buy" rating to a "hold" rating in a research note on Saturday, August 30th. Finally, Wells Fargo & Company lifted their price objective on shares of Janus Henderson Group from $37.00 to $44.00 and gave the stock an "equal weight" rating in a research note on Friday, July 11th. Five research analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the stock. Based on data from MarketBeat.com, Janus Henderson Group presently has a consensus rating of "Moderate Buy" and an average price target of $44.78.

Janus Henderson Group Trading Down 1.8%

Shares of JHG stock traded down $0.81 during trading hours on Friday, reaching $44.29. 1,265,192 shares of the stock were exchanged, compared to its average volume of 1,013,688. Janus Henderson Group plc has a 12-month low of $28.26 and a 12-month high of $46.68. The company has a current ratio of 4.49, a quick ratio of 3.91 and a debt-to-equity ratio of 0.08. The company's 50-day moving average price is $42.56 and its 200-day moving average price is $38.41. The firm has a market capitalization of $6.91 billion, a price-to-earnings ratio of 16.65, a price-to-earnings-growth ratio of 1.09 and a beta of 1.51.

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

Janus Henderson Group Dividend Announcement

The business also recently disclosed 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 was Monday, August 11th. This represents a $1.60 dividend on an annualized basis and a yield of 3.6%. Janus Henderson Group's dividend payout ratio (DPR) is presently 60.15%.

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.