Dynamic Technology Lab Private Ltd Makes New Investment in Janus Henderson Group plc $JHG

Key Points

• Dynamic Technology Lab Private Ltd has acquired a new position in Janus Henderson Group plc, purchasing 74,011 shares valued at approximately $2,675,000, making it their 23rd largest holding.
• Janus Henderson Group reported $0.90 EPS for the quarter, surpassing analysts' expectations of $0.84, with a revenue of $633.20 million, reflecting a year-over-year increase of 7.6%.
• The company recently declared a quarterly dividend of $0.40 per share, resulting in an annualized dividend yield of 3.6% and a dividend payout ratio of 60.15%.

Dynamic Technology Lab Private Ltd bought a new position in Janus Henderson Group plc (NYSE:JHG - Free Report) in the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 74,011 shares of the company's stock, valued at approximately $2,675,000. Janus Henderson Group makes up approximately 0.4% of Dynamic Technology Lab Private Ltd's investment portfolio, making the stock its 23rd biggest position.

A number of other large investors have also added to or reduced their stakes in the company. Louisiana State Employees Retirement System raised its holdings in Janus Henderson Group by 0.8% in the first quarter. Louisiana State Employees Retirement System now owns 35,600 shares of the company's stock worth $1,287,000 after purchasing an additional 300 shares in the last quarter. Mubadala Investment Co PJSC raised its holdings in Janus Henderson Group by 0.6% in the first quarter. Mubadala Investment Co PJSC now owns 56,807 shares of the company's stock worth $2,054,000 after purchasing an additional 324 shares in the last quarter. UMB Bank n.a. raised its holdings in Janus Henderson Group by 48.9% in the first quarter. UMB Bank n.a. now owns 1,172 shares of the company's stock worth $42,000 after purchasing an additional 385 shares in the last quarter. ProShare Advisors LLC raised its holdings in Janus Henderson Group by 7.2% in the fourth quarter. ProShare Advisors LLC now owns 5,952 shares of the company's stock worth $253,000 after purchasing an additional 398 shares in the last quarter. Finally, State of Alaska Department of Revenue increased its holdings in shares of Janus Henderson Group by 2.8% during the first quarter. State of Alaska Department of Revenue now owns 14,904 shares of the company's stock valued at $538,000 after acquiring an additional 400 shares in the last quarter. 87.94% of the stock is currently owned by institutional investors.

Janus Henderson Group Stock Performance

NYSE JHG traded up $0.27 during trading hours on Wednesday, reaching $44.60. The stock had a trading volume of 1,048,201 shares, compared to its average volume of 1,264,044. The stock has a fifty day moving average of $42.86 and a 200 day moving average of $38.44. The stock has a market cap of $6.96 billion, a P/E ratio of 16.77, a price-to-earnings-growth ratio of 1.07 and a beta of 1.51. Janus Henderson Group plc has a 52-week low of $28.26 and a 52-week high of $46.68. The company has a debt-to-equity ratio of 0.08, a quick ratio of 3.91 and a current ratio of 4.49.

Janus Henderson Group (NYSE:JHG - Get Free Report) last issued 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 firm had revenue of $633.20 million for the quarter, compared to analyst estimates of $614.46 million. Janus Henderson Group had a return on equity of 12.01% and a net margin of 16.06%.Janus Henderson Group's revenue for the quarter was up 7.6% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.85 earnings per share. Sell-side analysts predict that Janus Henderson Group plc will post 3.75 earnings per share for the current year.

Janus Henderson Group Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, August 28th. Shareholders of record on Monday, August 11th were given a $0.40 dividend. This represents a $1.60 annualized dividend and a yield of 3.6%. The ex-dividend date was Monday, August 11th. Janus Henderson Group's dividend payout ratio is currently 60.15%.

Insider Buying and Selling

In other Janus Henderson Group news, insider Georgina Fogo sold 69,000 shares of the company's stock in a transaction that occurred on Monday, August 4th. The stock was sold at an average price of $43.07, for a total value of $2,971,830.00. Following the sale, the insider owned 58,057 shares in the company, valued at approximately $2,500,514.99. This represents a 54.31% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Corporate insiders own 20.40% of the company's stock.

Wall Street Analyst Weigh In

Several equities analysts have recently issued reports on JHG shares. Wall Street Zen downgraded shares of Janus Henderson Group from a "buy" rating to a "hold" rating in a report on Saturday, August 30th. JPMorgan Chase & Co. upped their price objective 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. Evercore ISI upped their price objective 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, September 5th. Cowen restated a "buy" rating on shares of Janus Henderson Group in a report on Wednesday, May 14th. Finally, 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. Five equities research analysts have rated the stock with a Buy rating and six have given a Hold rating to the company. According to data from MarketBeat, Janus Henderson Group has a consensus rating of "Hold" and a consensus target price of $44.78.

Janus Henderson Group 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.