Invesco Ltd. Buys 182,014 Shares of Janus Henderson Group plc $JHG

Key Points

• Invesco Ltd. increased its stake in Janus Henderson Group plc by 15.5% in the first quarter, resulting in ownership of 1,354,770 shares valued at approximately $48.98 million.
• Janus Henderson Group reported an EPS of $0.90 for the last quarter, surpassing analyst expectations of $0.84, with a revenue of $633.20 million.
• The firm declared a quarterly dividend of $0.40, with an ex-dividend date set for August 11th, representing an annualized yield of 3.7%.

Invesco Ltd. grew its position in shares of Janus Henderson Group plc (NYSE:JHG - Free Report) by 15.5% during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 1,354,770 shares of the company's stock after acquiring an additional 182,014 shares during the quarter. Invesco Ltd. owned 0.86% of Janus Henderson Group worth $48,975,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also recently bought and sold shares of JHG. UMB Bank n.a. boosted its holdings in Janus Henderson Group by 48.9% during the 1st quarter. UMB Bank n.a. now owns 1,172 shares of the company's stock worth $42,000 after acquiring an additional 385 shares during the last quarter. True Wealth Design LLC boosted its holdings in Janus Henderson Group by 66.9% during the 4th quarter. True Wealth Design LLC now owns 1,020 shares of the company's stock worth $43,000 after acquiring an additional 409 shares during the last quarter. Allworth Financial LP boosted its holdings in Janus Henderson Group by 87.9% during the 1st quarter. Allworth Financial LP now owns 1,462 shares of the company's stock worth $48,000 after acquiring an additional 684 shares during the last quarter. Farther Finance Advisors LLC boosted its holdings in Janus Henderson Group by 82.3% during the 1st quarter. Farther Finance Advisors LLC now owns 2,299 shares of the company's stock worth $83,000 after acquiring an additional 1,038 shares during the last quarter. Finally, Wealthquest Corp purchased a new position in shares of Janus Henderson Group in the 1st quarter worth about $115,000. 87.94% of the stock is owned by hedge funds and other institutional investors.

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 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 directly owned 58,057 shares of the company's stock, valued at $2,500,514.99. This represents 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 through this link. 19.60% of the stock is currently owned by company insiders.

Wall Street Analysts Forecast Growth

JHG has been the topic of a number of research analyst reports. JPMorgan Chase & Co. boosted their price target on shares of Janus Henderson Group from $44.00 to $47.00 and gave the stock an "overweight" rating in a report on Wednesday, July 16th. Wall Street Zen raised shares of Janus Henderson Group from a "hold" rating to a "buy" rating in a report on Saturday, August 16th. Cowen reissued a "buy" rating on shares of Janus Henderson Group in a report on Wednesday, May 14th. Wells Fargo & Company boosted their price target 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. Finally, Morgan Stanley boosted their price target 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. Five equities research analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and an average target price of $43.33.

Janus Henderson Group Stock Performance

NYSE JHG traded up $1.6280 during trading on Friday, hitting $43.9280. 168,439 shares of the company's stock traded hands, compared to its average volume of 1,272,842. The stock has a market capitalization of $6.85 billion, a price-to-earnings ratio of 16.50, a PEG ratio of 1.02 and a beta of 1.46. Janus Henderson Group plc has a 12-month low of $28.26 and a 12-month 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 business has a 50 day moving average of $40.96 and a 200-day moving average of $38.41.

Janus Henderson Group (NYSE:JHG - Get Free Report) last released its quarterly earnings data on Thursday, July 31st. The company reported $0.90 EPS for the quarter, beating the consensus estimate of $0.84 by $0.06. The business 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 company's revenue was up 7.6% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.85 earnings per share. As a group, equities research analysts anticipate that Janus Henderson Group plc will post 3.75 earnings per share for the current fiscal year.

Janus Henderson Group Dividend Announcement

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

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.