Quarry LP Has $391,000 Stock Holdings in Janus Henderson Group plc $JHG

Key Points

• Quarry LP significantly increased its stake in Janus Henderson Group by 1,639.1% this quarter, owning a total of 10,817 shares valued at $391,000.
• Janus Henderson Group reported earnings of $0.90 per share for the latest quarter, exceeding analyst expectations, with revenue of $633.20 million, marking a 7.6% year-over-year increase.
• The company declared a quarterly dividend of $0.40, resulting in an annualized yield of 3.6% and a payout ratio of 60.15%.

Quarry LP lifted its position in Janus Henderson Group plc (NYSE:JHG - Free Report) by 1,639.1% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 10,817 shares of the company's stock after buying an additional 10,195 shares during the quarter. Quarry LP's holdings in Janus Henderson Group were worth $391,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also modified their holdings of JHG. Wells Fargo & Company MN lifted its stake in shares of Janus Henderson Group by 4.0% in the fourth quarter. Wells Fargo & Company MN now owns 8,755 shares of the company's stock worth $372,000 after buying an additional 339 shares during the last quarter. Raymond James Financial Inc. acquired a new stake in shares of Janus Henderson Group in the fourth quarter worth $726,000. Northern Trust Corp lifted its stake in shares of Janus Henderson Group by 8.4% in the fourth quarter. Northern Trust Corp now owns 2,320,796 shares of the company's stock worth $98,703,000 after buying an additional 180,726 shares during the last quarter. Schonfeld Strategic Advisors LLC lifted its stake in shares of Janus Henderson Group by 74.6% in the fourth quarter. Schonfeld Strategic Advisors LLC now owns 19,787 shares of the company's stock worth $842,000 after buying an additional 8,456 shares during the last quarter. Finally, Mercer Global Advisors Inc. ADV lifted its stake in shares of Janus Henderson Group by 7.5% in the fourth quarter. Mercer Global Advisors Inc. ADV now owns 31,364 shares of the company's stock worth $1,334,000 after buying an additional 2,187 shares during the last quarter. 87.94% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity

In other news, insider Georgina Fogo sold 69,000 shares of the stock in a transaction on Monday, August 4th. The shares were sold at an average price of $43.07, for a total value of $2,971,830.00. Following the completion of the transaction, the insider owned 58,057 shares in the company, valued at approximately $2,500,514.99. This represents a 54.31% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Corporate insiders own 20.40% of the company's stock.

Wall Street Analyst Weigh In

A number of analysts have recently weighed in on JHG shares. 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 research note on Friday, July 11th. Wall Street Zen cut shares of Janus Henderson Group from a "buy" rating to a "hold" rating in a research note on Saturday, August 30th. Cowen restated a "buy" rating on shares of Janus Henderson Group in a research note on Wednesday, May 14th. JPMorgan Chase & Co. upped their target price on shares of Janus Henderson Group from $44.00 to $47.00 and gave the company an "overweight" rating in a research note on Wednesday, July 16th. Finally, Morgan Stanley upped their target price on shares of Janus Henderson Group from $33.00 to $36.00 and gave the company an "equal weight" rating in a research note on Wednesday, July 2nd. Five equities research 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, Janus Henderson Group presently has a consensus rating of "Moderate Buy" and a consensus price target of $43.33.

Janus Henderson Group Stock Performance

NYSE:JHG traded up $1.07 during trading hours on Thursday, hitting $45.08. 913,440 shares of the company traded hands, compared to its average volume of 1,267,254. The stock has a market capitalization of $7.03 billion, a price-to-earnings ratio of 16.95, a P/E/G ratio of 1.07 and a beta of 1.51. Janus Henderson Group plc has a twelve month low of $28.26 and a twelve month high of $46.68. The firm has a 50-day moving average of $42.45 and a 200 day moving average of $38.40. 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 EPS for the quarter, beating the consensus estimate of $0.84 by $0.06. Janus Henderson Group had a net margin of 16.06% and a return on equity of 12.01%. The firm had revenue of $633.20 million during the quarter, compared to analysts' expectations of $614.46 million. During the same period in the prior year, the company earned $0.85 EPS. The business's quarterly revenue was up 7.6% compared to the same quarter last year. On average, analysts forecast that Janus Henderson Group plc will post 3.75 EPS for the current year.

Janus Henderson Group Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, August 28th. Stockholders of record on Monday, August 11th were paid a $0.40 dividend. The ex-dividend date was Monday, August 11th. This represents a $1.60 dividend on an annualized basis and a dividend yield of 3.5%. Janus Henderson Group's dividend payout ratio is currently 60.15%.

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.