Deutsche Bank AG Has $12.76 Million Position in Janus Henderson Group plc $JHG

Key Points

• Deutsche Bank AG increased its stake in Janus Henderson Group plc by 148.3%, acquiring an additional 210,826 shares in the first quarter, bringing its total holdings to 352,971 shares valued at approximately $12.76 million.
• Janus Henderson Group recently reported quarterly earnings of $0.90 per share, exceeding analysts' expectations and indicating a 7.6% increase in revenue year-over-year.
• The firm declared a quarterly dividend of $0.40 per share, which represents a 3.7% annualized yield with a payout ratio of 60.15%.

Deutsche Bank AG lifted its holdings in shares of Janus Henderson Group plc (NYSE:JHG - Free Report) by 148.3% in the first quarter, according to its most recent filing with the SEC. The firm owned 352,971 shares of the company's stock after acquiring an additional 210,826 shares during the period. Deutsche Bank AG owned approximately 0.22% of Janus Henderson Group worth $12,760,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Mirae Asset Global Investments Co. Ltd. lifted its holdings in shares of Janus Henderson Group by 12.4% during the 1st quarter. Mirae Asset Global Investments Co. Ltd. now owns 103,653 shares of the company's stock worth $3,729,000 after acquiring an additional 11,435 shares during the period. GAMMA Investing LLC lifted its holdings in shares of Janus Henderson Group by 4,188.8% during the 1st quarter. GAMMA Investing LLC now owns 144,962 shares of the company's stock worth $5,240,000 after acquiring an additional 141,582 shares during the period. Envestnet Asset Management Inc. lifted its holdings in shares of Janus Henderson Group by 28.8% during the 1st quarter. Envestnet Asset Management Inc. now owns 320,093 shares of the company's stock worth $11,571,000 after acquiring an additional 71,553 shares during the period. Jupiter Asset Management Ltd. lifted its holdings in Janus Henderson Group by 48.5% during the 1st quarter. Jupiter Asset Management Ltd. now owns 995,445 shares of the company's stock valued at $35,985,000 after purchasing an additional 325,240 shares during the last quarter. Finally, Assenagon Asset Management S.A. lifted its holdings in Janus Henderson Group by 23.7% during the 1st quarter. Assenagon Asset Management S.A. now owns 63,334 shares of the company's stock valued at $2,290,000 after purchasing an additional 12,119 shares during the last quarter. 87.94% of the stock is owned by institutional investors.

Insider Activity 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 sale, the insider owned 58,057 shares in the company, valued at $2,500,514.99. The trade was a 54.31% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. 19.60% of the stock is currently owned by corporate insiders.

Janus Henderson Group Price Performance

JHG traded up $0.2750 during midday trading on Tuesday, hitting $43.0950. The company had a trading volume of 214,160 shares, compared to its average volume of 1,279,115. 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 market capitalization of $6.72 billion, a PE ratio of 16.20, a P/E/G ratio of 1.04 and a beta of 1.46. Janus Henderson Group plc has a twelve month low of $28.26 and a twelve month high of $46.68. The firm's 50-day simple moving average is $40.63 and its 200-day simple moving average is $38.37.

Janus Henderson Group (NYSE:JHG - Get Free Report) last issued its quarterly earnings results on Thursday, July 31st. The company reported $0.90 EPS for the quarter, topping the consensus estimate 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 company had revenue of $633.20 million during the quarter, compared to analysts' expectations of $614.46 million. During the same quarter in the previous year, the company earned $0.85 EPS. Janus Henderson Group's revenue was up 7.6% on a year-over-year basis. Equities research analysts predict that Janus Henderson Group plc will post 3.75 EPS for the current fiscal year.

Janus Henderson Group Dividend Announcement

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

Wall Street Analyst Weigh In

Several equities analysts recently issued reports on JHG shares. Morgan Stanley lifted 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 report on Wednesday, July 2nd. Wall Street Zen raised shares of Janus Henderson Group from a "hold" rating to a "buy" rating in a report on Saturday. Wells Fargo & Company lifted their price target 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. lifted their price target on shares of Janus Henderson Group from $44.00 to $47.00 and gave the company an "overweight" rating in a report on Wednesday, July 16th. Finally, Cowen reissued a "buy" rating on shares of Janus Henderson Group in a report on Wednesday, May 14th. Five research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the stock. Based on data from MarketBeat, the company currently has an average rating of "Moderate Buy" and an average target price of $43.33.

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.