Hancock Whitney Corp Acquires 23,500 Shares of Janus Henderson Group plc $JHG

Key Points

• Hancock Whitney Corp increased its stake in Janus Henderson Group plc by 5.7% during the first quarter, holding 438,771 shares valued at approximately $15.86 million.
• Analysts have mixed ratings on Janus Henderson Group, with five rating it as a "Buy" and five as "Hold," and a consensus target price of $43.33.
• The company recently announced a quarterly dividend of $0.40 per share, yielding an annualized dividend of $1.60, representing a payout ratio of 60.15%.

Hancock Whitney Corp increased its stake in shares of Janus Henderson Group plc (NYSE:JHG - Free Report) by 5.7% in the first quarter, according to its most recent Form 13F filing with the SEC. The fund owned 438,771 shares of the company's stock after buying an additional 23,500 shares during the period. Hancock Whitney Corp owned about 0.28% of Janus Henderson Group worth $15,862,000 as of its most recent SEC filing.

Several other large investors have also recently modified their holdings of JHG. Mirae Asset Global Investments Co. Ltd. grew its stake 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 valued at $3,729,000 after acquiring an additional 11,435 shares in the last quarter. GAMMA Investing LLC lifted its position in Janus Henderson Group by 4,188.8% during the first quarter. GAMMA Investing LLC now owns 144,962 shares of the company's stock valued at $5,240,000 after purchasing an additional 141,582 shares during the last quarter. Envestnet Asset Management Inc. lifted its position 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 valued at $11,571,000 after purchasing an additional 71,553 shares during the last quarter. Sierra Summit Advisors LLC bought a new stake in Janus Henderson Group during the first quarter valued at approximately $587,000. Finally, Jump Financial LLC bought a new stake in Janus Henderson Group during the first quarter valued at approximately $6,099,000. Hedge funds and other institutional investors own 87.94% of the company's stock.

Insider Activity

In other news, insider Georgina Fogo sold 69,000 shares of the firm'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 owned 58,057 shares of the company's stock, valued at $2,500,514.99. This trade represents a 54.31% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. 20.40% of the stock is currently owned by insiders.

Janus Henderson Group Stock Down 0.0%

Janus Henderson Group stock traded down $0.01 during mid-day trading on Tuesday, reaching $44.51. The stock had a trading volume of 441,591 shares, compared to its average volume of 1,262,205. The company has a market capitalization of $6.94 billion, a price-to-earnings ratio of 16.75, a PEG ratio of 1.07 and a beta of 1.51. The company has a 50-day moving average price of $42.67 and a two-hundred day moving average price of $38.36. Janus Henderson Group plc has a one year low of $28.26 and a one year high of $46.68. The company has a debt-to-equity ratio of 0.08, a current ratio of 4.49 and a quick ratio of 3.91.

Janus Henderson Group (NYSE:JHG - Get Free Report) last announced its quarterly earnings results on Thursday, July 31st. The company reported $0.90 earnings per share (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 the consensus estimate of $614.46 million. Janus Henderson Group had a net margin of 16.06% and a return on equity of 12.01%. The business's quarterly revenue was up 7.6% compared to the same quarter last year. During the same quarter last year, the firm posted $0.85 EPS. On average, analysts expect that Janus Henderson Group plc will post 3.75 EPS for the current fiscal year.

Janus Henderson Group Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, August 28th. Stockholders of record on Monday, August 11th were issued a dividend of $0.40 per share. This represents a $1.60 dividend on an annualized basis and a dividend yield of 3.6%. The ex-dividend date of this dividend was Monday, August 11th. Janus Henderson Group's dividend payout ratio (DPR) is presently 60.15%.

Wall Street Analyst Weigh In

A number of brokerages have recently weighed in on JHG. Wells Fargo & Company boosted their price objective on shares of Janus Henderson Group from $37.00 to $44.00 and gave the stock an "equal weight" rating in a report on Friday, July 11th. Evercore ISI boosted their price objective on shares of Janus Henderson Group from $45.00 to $48.00 and gave the stock an "in-line" rating in a report on Friday. Cowen restated a "buy" rating on shares of Janus Henderson Group in a report on Wednesday, May 14th. Morgan Stanley boosted their price objective on shares of Janus Henderson Group from $33.00 to $36.00 and gave the stock an "equal weight" rating in a report on Wednesday, July 2nd. Finally, Wall Street Zen lowered shares of Janus Henderson Group from a "buy" rating to a "hold" rating in a report on Saturday, August 30th. Five investment analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the stock. According to MarketBeat.com, the company presently has an average 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.