Cwm LLC Grows Stock Holdings in Janus Henderson Group plc $JHG

Key Points

• Cwm LLC increased its holdings in Janus Henderson Group plc by 100.6% during Q2, owning 47,935 shares valued at approximately $1.86 million after acquiring an additional 24,040 shares.
• Wall Street analysts are optimistic, with reports indicating an upgrade of Janus Henderson Group's rating to "buy" and a price target increase from $44.00 to $47.00 by JPMorgan Chase & Co.
• Insider activity showed CFO Roger Mj Thompson and insider Georgina Fogo selling significant portions of their shares, marking a 19.55% and 54.31% decrease in their positions, respectively.

Cwm LLC grew its holdings in Janus Henderson Group plc (NYSE:JHG - Free Report) by 100.6% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 47,935 shares of the company's stock after acquiring an additional 24,040 shares during the period. Cwm LLC's holdings in Janus Henderson Group were worth $1,862,000 at the end of the most recent quarter.

Other large investors have also made changes to their positions in the company. Mirae Asset Global Investments Co. Ltd. boosted its holdings in Janus Henderson Group by 12.4% during the first quarter. Mirae Asset Global Investments Co. Ltd. now owns 103,653 shares of the company's stock worth $3,729,000 after buying an additional 11,435 shares in the last quarter. Envestnet Asset Management Inc. boosted its holdings in Janus Henderson Group by 28.8% during the first quarter. Envestnet Asset Management Inc. now owns 320,093 shares of the company's stock worth $11,571,000 after buying an additional 71,553 shares in the last quarter. Sierra Summit Advisors LLC purchased a new stake in Janus Henderson Group during the first quarter worth $587,000. Jump Financial LLC purchased a new stake in Janus Henderson Group during the first quarter worth $6,099,000. Finally, GAMMA Investing LLC boosted its holdings in Janus Henderson Group by 18.6% during the first quarter. GAMMA Investing LLC now owns 4,010 shares of the company's stock worth $145,000 after buying an additional 630 shares in the last quarter. 87.94% of the stock is owned by hedge funds and other institutional investors.

Insider Activity

In related news, CFO Roger Mj Thompson sold 27,491 shares of the company's stock in a transaction dated Thursday, September 11th. The shares were sold at an average price of $45.26, for a total transaction of $1,244,242.66. Following the completion of the sale, the chief financial officer owned 113,097 shares of the company's stock, valued at approximately $5,118,770.22. This represents a 19.55% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Georgina Fogo sold 69,000 shares of the company's 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 sale, the insider directly owned 58,057 shares of the company's stock, valued at approximately $2,500,514.99. This represents a 54.31% decrease in their position. The disclosure for this sale can be found here. 20.40% of the stock is currently owned by corporate insiders.

Wall Street Analysts Forecast Growth

A number of brokerages recently issued reports on JHG. Wall Street Zen raised shares of Janus Henderson Group from a "hold" rating to a "buy" rating in a report on Saturday, October 11th. JPMorgan Chase & Co. increased their price target on shares of Janus Henderson Group from $44.00 to $47.00 and gave the stock an "overweight" rating in a report on Wednesday, July 16th. Weiss Ratings reissued a "buy (b-)" rating on shares of Janus Henderson Group in a report on Wednesday, October 8th. Zacks Research upgraded shares of Janus Henderson Group from a "hold" rating to a "strong-buy" rating in a research report on Monday, October 13th. Finally, BMO Capital Markets assumed coverage on shares of Janus Henderson Group in a research report on Friday, October 3rd. They set an "outperform" rating and a $52.00 price objective for the company. Two equities research analysts have rated the stock with a Strong Buy rating, seven have issued a Buy rating and four have assigned a Hold rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and an average price target of $47.00.

Janus Henderson Group Stock Performance

NYSE:JHG opened at $41.73 on Monday. The company has a debt-to-equity ratio of 0.08, a quick ratio of 3.91 and a current ratio of 4.49. The company has a fifty day moving average of $44.16 and a two-hundred day moving average of $39.62. The stock has a market capitalization of $6.51 billion, a PE ratio of 15.69, a P/E/G ratio of 0.90 and a beta of 1.54. Janus Henderson Group plc has a fifty-two week low of $28.26 and a fifty-two week high of $46.68.

Janus Henderson Group (NYSE:JHG - Get Free Report) last posted its quarterly earnings data on Thursday, July 31st. The company reported $0.90 earnings per share for the quarter, topping analysts' consensus estimates of $0.84 by $0.06. The company 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 for the quarter was up 7.6% on a year-over-year basis. During the same period in the prior year, the business posted $0.85 earnings per share. As a group, research analysts forecast that Janus Henderson Group plc will post 3.75 earnings per share for the current fiscal year.

Janus Henderson Group Dividend Announcement

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

Janus Henderson Group Company 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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