Drucker Wealth 3.0 LLC Purchases Shares of 7,919 Janus Henderson Group plc $JHG

Key Points

• Drucker Wealth 3.0 LLC acquired 7,919 shares of Janus Henderson Group plc valued at approximately $325,000, indicating increased institutional interest in the company.
• Janus Henderson Group's shares received upgrades from multiple analysts, with price targets raised by firms like Bank of America and JPMorgan Chase, reflecting growing investor confidence.
• Despite positive earnings results showing an EPS of $0.90 surpassing estimates, Janus Henderson Group's stock has decreased by 4.8% recently.

Drucker Wealth 3.0 LLC purchased a new stake in shares of Janus Henderson Group plc (NYSE:JHG - Free Report) in the second quarter, according to its most recent filing with the Securities & Exchange Commission. The firm purchased 7,919 shares of the company's stock, valued at approximately $325,000.

A number of other institutional investors have also made changes to their positions in JHG. Brooklyn Investment Group increased its position in shares of Janus Henderson Group by 182.2% during the first quarter. Brooklyn Investment Group now owns 920 shares of the company's stock valued at $33,000 after acquiring an additional 594 shares during the last quarter. UMB Bank n.a. increased its position in shares of Janus Henderson Group by 48.9% during the first quarter. UMB Bank n.a. now owns 1,172 shares of the company's stock valued at $42,000 after acquiring an additional 385 shares during the last quarter. Allworth Financial LP increased its position in shares of Janus Henderson Group by 87.9% during the first quarter. Allworth Financial LP now owns 1,462 shares of the company's stock valued at $48,000 after acquiring an additional 684 shares during the last quarter. Farther Finance Advisors LLC increased its position in shares of Janus Henderson Group by 82.3% during the first quarter. Farther Finance Advisors LLC now owns 2,299 shares of the company's stock valued at $83,000 after acquiring an additional 1,038 shares during the last quarter. Finally, Fifth Third Bancorp boosted its stake in shares of Janus Henderson Group by 40.2% in the second quarter. Fifth Third Bancorp now owns 2,167 shares of the company's stock valued at $84,000 after purchasing an additional 621 shares during the period. 87.94% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

JHG has been the subject of several recent research reports. Bank of America raised their price objective on shares of Janus Henderson Group from $49.00 to $50.00 and gave the company a "buy" rating in a research note on Thursday, October 2nd. BMO Capital Markets initiated coverage on shares of Janus Henderson Group in a research note on Friday, October 3rd. They issued an "outperform" rating and a $52.00 price objective for the company. JPMorgan Chase & Co. raised their price objective on shares of Janus Henderson Group from $44.00 to $47.00 and gave the company an "overweight" rating in a research note on Wednesday, July 16th. Morgan Stanley reissued a "positive" rating on shares of Janus Henderson Group in a research note on Monday, October 6th. Finally, Weiss Ratings reissued a "buy (b-)" rating on shares of Janus Henderson Group in a research note on Wednesday. One investment analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating and five have assigned a Hold rating to the company. According to MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and a consensus price target of $47.00.

Janus Henderson Group Stock Down 4.8%

Shares of Janus Henderson Group stock opened at $41.82 on Friday. Janus Henderson Group plc has a 52-week low of $28.26 and a 52-week high of $46.68. The company has a 50 day moving average of $44.15 and a 200 day moving average of $39.34. The company has a quick ratio of 3.91, a current ratio of 4.49 and a debt-to-equity ratio of 0.08. The company has a market capitalization of $6.52 billion, a P/E ratio of 15.72, a P/E/G ratio of 0.93 and a beta of 1.54.

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

Janus Henderson Group Announces Dividend

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

Insider Activity at Janus Henderson Group

In other news, insider Georgina Fogo sold 69,000 shares of the business's 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 approximately $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 can be accessed through this link. Also, CFO Roger Mj Thompson sold 27,491 shares of the business's stock in a transaction that occurred on Thursday, September 11th. The stock was sold at an average price of $45.26, for a total transaction of $1,244,242.66. Following the sale, the chief financial officer owned 113,097 shares of the company's stock, valued at $5,118,770.22. This represents a 19.55% decrease in their position. The disclosure for this sale can be found here. 19.60% of the stock is currently owned by insiders.

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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