FJ Capital Management LLC Raises Holdings in Janus Henderson Group plc $JHG

Key Points

• FJ Capital Management LLC increased its stake in Janus Henderson Group by 29.2% in Q1, acquiring an additional 6,423 shares for a total of 28,435 shares worth approximately $1,028,000.
• Janus Henderson Group reported a quarterly earnings per share of $0.90, exceeding expectations, with revenue rising 7.6% year-over-year to $633.20 million.
• The company declared a quarterly dividend of $0.40 per share, reflecting a yield of 3.6% and a payout ratio of 60.15%.

FJ Capital Management LLC increased its stake in Janus Henderson Group plc (NYSE:JHG - Free Report) by 29.2% in the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 28,435 shares of the company's stock after buying an additional 6,423 shares during the quarter. FJ Capital Management LLC's holdings in Janus Henderson Group were worth $1,028,000 as of its most recent SEC filing.

Other institutional investors also recently bought and sold shares of the company. Louisiana State Employees Retirement System lifted its position in shares of Janus Henderson Group by 0.8% during 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 during the last quarter. Mubadala Investment Co PJSC lifted its position in shares of Janus Henderson Group by 0.6% during 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 during the last quarter. Wells Fargo & Company MN lifted its position in shares of Janus Henderson Group by 4.0% during the fourth quarter. Wells Fargo & Company MN now owns 8,755 shares of the company's stock worth $372,000 after purchasing an additional 339 shares during the last quarter. UMB Bank n.a. lifted 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 worth $42,000 after purchasing an additional 385 shares during the last quarter. Finally, ProShare Advisors LLC lifted its position in shares of Janus Henderson Group by 7.2% during 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 during the last quarter. 87.94% of the stock is currently owned by institutional investors.

Insider Transactions at Janus Henderson Group

In other Janus Henderson Group news, insider Georgina Fogo sold 69,000 shares of Janus Henderson Group stock in a transaction dated 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 transaction, the insider owned 58,057 shares in the company, valued at $2,500,514.99. The trade was a 54.31% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. 19.60% of the stock is owned by company insiders.

Janus Henderson Group Stock Down 1.8%

Shares of JHG stock traded down $0.81 on Friday, hitting $44.29. The stock had a trading volume of 1,265,192 shares, compared to its average volume of 1,013,688. 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 business has a 50 day moving average price of $42.56 and a 200 day moving average price of $38.41. The company has a market cap of $6.91 billion, a PE ratio of 16.65, a P/E/G ratio of 1.09 and a beta of 1.51. Janus Henderson Group plc has a one year low of $28.26 and a one year high of $46.68.

Janus Henderson Group (NYSE:JHG - Get Free Report) last posted its earnings results on Thursday, July 31st. The company reported $0.90 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.84 by $0.06. Janus Henderson Group had a return on equity of 12.01% and a net margin of 16.06%.The company had revenue of $633.20 million for the quarter, compared to analyst estimates 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% compared to the same quarter last year. Research analysts anticipate that Janus Henderson Group plc will post 3.75 earnings per share for the current fiscal year.

Janus Henderson Group Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, August 28th. Shareholders of record on Monday, August 11th were paid 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 payout ratio is 60.15%.

Analyst Ratings Changes

Several analysts have recently weighed in on JHG shares. Cowen reiterated a "buy" rating on shares of Janus Henderson Group in a research report on Wednesday, May 14th. JPMorgan Chase & Co. lifted their target price on Janus Henderson Group from $44.00 to $47.00 and gave the stock an "overweight" rating in a research report on Wednesday, July 16th. Evercore ISI lifted their target price on Janus Henderson Group from $45.00 to $48.00 and gave the stock an "in-line" rating in a research report on Friday. Wells Fargo & Company lifted their target price on Janus Henderson Group from $37.00 to $44.00 and gave the stock an "equal weight" rating in a research report on Friday, July 11th. Finally, Wall Street Zen downgraded Janus Henderson Group from a "buy" rating to a "hold" rating in a report on Saturday, August 30th. Five equities research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the stock. According to MarketBeat.com, Janus Henderson Group has a consensus rating of "Moderate Buy" and a consensus target price of $44.78.

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.