Hancock Whitney Corp Boosts Stock Holdings in 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 lifted its position in shares of Janus Henderson Group plc (NYSE:JHG - Free Report) by 5.7% in the 1st quarter, according to its most recent 13F filing with the SEC. The firm owned 438,771 shares of the company's stock after acquiring an additional 23,500 shares during the quarter. Hancock Whitney Corp owned approximately 0.28% of Janus Henderson Group worth $15,862,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Clark Capital Management Group Inc. boosted its holdings in shares of Janus Henderson Group by 2.0% in the first quarter. Clark Capital Management Group Inc. now owns 1,445,920 shares of the company's stock worth $52,270,000 after acquiring an additional 28,117 shares during the period. AQR Capital Management LLC lifted its holdings in Janus Henderson Group by 8.8% during the 1st quarter. AQR Capital Management LLC now owns 1,926,206 shares of the company's stock worth $68,400,000 after purchasing an additional 155,059 shares in the last quarter. Amundi boosted its stake in Janus Henderson Group by 13.8% in the 1st quarter. Amundi now owns 4,177 shares of the company's stock worth $150,000 after purchasing an additional 506 shares during the period. Perbak Capital Partners LLP purchased a new position in Janus Henderson Group during the 1st quarter valued at about $321,000. Finally, FJ Capital Management LLC increased its position in shares of Janus Henderson Group by 29.2% during the first quarter. FJ Capital Management LLC now owns 28,435 shares of the company's stock valued at $1,028,000 after buying an additional 6,423 shares during the period. 87.94% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

JHG has been the topic of a number of analyst reports. Wall Street Zen lowered shares of Janus Henderson Group from a "buy" rating to a "hold" rating in a report on Saturday, August 30th. JPMorgan Chase & Co. increased their price objective 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. Wells Fargo & Company upped their target price on Janus Henderson Group from $37.00 to $44.00 and gave the stock an "equal weight" rating in a research note on Friday, July 11th. Cowen reiterated a "buy" rating on shares of Janus Henderson Group in a research report on Wednesday, May 14th. Finally, Morgan Stanley upped 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 research report on Wednesday, July 2nd. Five equities research analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company's stock. Based on data from MarketBeat.com, Janus Henderson Group currently has an average rating of "Moderate Buy" and a consensus target price of $43.33.

Insider Buying and Selling 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 stock was sold at an average price of $43.07, for a total transaction of $2,971,830.00. Following the transaction, the insider directly owned 58,057 shares of the company's stock, valued at approximately $2,500,514.99. The trade was a 54.31% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Corporate insiders own 20.40% of the company's stock.

Janus Henderson Group Stock Performance

Shares of JHG stock opened at $44.00 on Thursday. The company has a market capitalization of $6.86 billion, a P/E ratio of 16.54, a PEG ratio of 1.07 and a beta of 1.51. Janus Henderson Group plc has a fifty-two week low of $28.26 and a fifty-two 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. The stock has a 50 day moving average price of $42.31 and a two-hundred day moving average price of $38.40.

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, topping analysts' consensus estimates of $0.84 by $0.06. The business had revenue of $633.20 million for the quarter, compared to analyst estimates of $614.46 million. Janus Henderson Group had a net margin of 16.06% and a return on equity of 12.01%. The company's revenue was up 7.6% on a year-over-year basis. During the same quarter last year, the firm earned $0.85 EPS. Analysts expect that Janus Henderson Group plc will post 3.75 earnings per share for the current year.

Janus Henderson Group Dividend Announcement

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

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.

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