Clark Capital Management Group Inc. Buys 28,117 Shares of Janus Henderson Group plc $JHG

Key Points

• Clark Capital Management Group Inc. increased its holdings in Janus Henderson Group plc by 2.0%, owning approximately 1,445,920 shares valued at $52.27 million as of the end of the first quarter.
• Janus Henderson Group reported $0.90 EPS for the quarter, surpassing expectations and showing a 7.6% year-over-year increase in revenue.
• The firm announced a quarterly dividend of $0.40 per share, resulting in an annualized dividend yield of 3.6% and a payout ratio of 60.15%.

Clark Capital Management Group Inc. raised its holdings in shares of Janus Henderson Group plc (NYSE:JHG - Free Report) by 2.0% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,445,920 shares of the company's stock after acquiring an additional 28,117 shares during the period. Clark Capital Management Group Inc. owned approximately 0.92% of Janus Henderson Group worth $52,270,000 as of its most recent SEC filing.

Several other hedge funds have also recently added to or reduced their stakes in the business. Brooklyn Investment Group boosted its stake in Janus Henderson Group by 182.2% during the 1st quarter. Brooklyn Investment Group now owns 920 shares of the company's stock valued at $33,000 after purchasing an additional 594 shares in the last quarter. UMB Bank n.a. boosted its stake 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 valued at $42,000 after purchasing an additional 385 shares in the last quarter. Allworth Financial LP boosted its stake in Janus Henderson Group by 87.9% during the 1st quarter. Allworth Financial LP now owns 1,462 shares of the company's stock valued at $48,000 after purchasing an additional 684 shares in the last quarter. Farther Finance Advisors LLC boosted its stake 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 valued at $83,000 after purchasing an additional 1,038 shares in the last quarter. Finally, Wealthquest Corp bought a new stake in shares of Janus Henderson Group during the 1st quarter worth $115,000. Institutional investors own 87.94% of the company's stock.

Insiders Place Their Bets

In other Janus Henderson Group news, insider Georgina Fogo sold 69,000 shares of Janus Henderson Group 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 sale, 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 document filed with the Securities & Exchange Commission, which can be accessed through this link. Insiders own 20.40% of the company's stock.

Janus Henderson Group Stock Performance

JHG stock traded down $0.23 during trading on Tuesday, reaching $44.30. 348,484 shares of the stock were exchanged, compared to its average volume of 1,261,843. Janus Henderson Group plc has a twelve month low of $28.26 and a twelve month high of $46.68. The company has a market capitalization of $6.91 billion, a P/E ratio of 16.64, a price-to-earnings-growth ratio of 1.07 and a beta of 1.51. The stock has a 50 day simple moving average of $42.67 and a 200-day simple moving average of $38.36. The company has a current ratio of 4.49, a quick ratio of 3.91 and a debt-to-equity ratio of 0.08.

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

Janus Henderson Group Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, August 28th. Shareholders 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 yield of 3.6%. The ex-dividend date of this dividend was Monday, August 11th. Janus Henderson Group's payout ratio is presently 60.15%.

Analyst Ratings Changes

Several research firms have recently weighed in on JHG. Morgan Stanley raised their price objective on Janus Henderson Group from $33.00 to $36.00 and gave the stock an "equal weight" rating in a research note on Wednesday, July 2nd. Wells Fargo & Company raised 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. Evercore ISI increased their price objective on Janus Henderson Group from $45.00 to $48.00 and gave the stock an "in-line" rating in a report on Friday. Cowen reiterated a "buy" rating on shares of Janus Henderson Group in a report on Wednesday, May 14th. Finally, 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 report on Wednesday, July 16th. Five analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and an average price target of $44.78.

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.