Russell Investments Group Ltd. Has $5.02 Million Stock Holdings in Janus Henderson Group plc $JHG

Key Points

• Russell Investments Group Ltd. has reduced its stake in Janus Henderson Group plc by 12.1%, now holding approximately 0.09% of the company after selling 19,202 shares.
• Analysts have given Janus Henderson Group a consensus rating of "Moderate Buy", with price targets ranging up to $47.00, suggesting potential for growth.
• The company recently announced a quarterly dividend of $0.40 per share, representing an annualized yield of 3.8% and indicating strong cash flow performance.

Russell Investments Group Ltd. lowered its holdings in shares of Janus Henderson Group plc (NYSE:JHG - Free Report) by 12.1% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 138,989 shares of the company's stock after selling 19,202 shares during the period. Russell Investments Group Ltd. owned approximately 0.09% of Janus Henderson Group worth $5,024,000 at the end of the most recent reporting period.

Several other large investors have also bought and sold shares of the company. Castlekeep Investment Advisors LLC bought a new position in shares of Janus Henderson Group in the fourth quarter worth approximately $74,989,000. Millennium Management LLC raised its stake in shares of Janus Henderson Group by 23.9% in the fourth quarter. Millennium Management LLC now owns 7,247,633 shares of the company's stock valued at $308,242,000 after acquiring an additional 1,399,781 shares during the period. SG Americas Securities LLC increased its stake in Janus Henderson Group by 4,233.1% in the 1st quarter. SG Americas Securities LLC now owns 834,380 shares of the company's stock worth $30,163,000 after buying an additional 815,124 shares during the period. Nuveen LLC purchased a new position in Janus Henderson Group in the 1st quarter worth about $21,890,000. Finally, Point72 Asset Management L.P. grew its holdings in Janus Henderson Group by 113.7% during the 4th quarter. Point72 Asset Management L.P. now owns 1,010,600 shares of the company's stock worth $42,981,000 after acquiring an additional 537,700 shares in the last quarter. 87.94% of the stock is owned by hedge funds and other institutional investors.

Janus Henderson Group Trading Up 1.1%

Shares of NYSE JHG traded up $0.47 during mid-day trading on Wednesday, hitting $44.75. 1,017,554 shares of the company traded hands, compared to its average volume of 1,217,112. The business has a 50 day moving average of $41.58 and a two-hundred day moving average of $38.38. The stock has a market capitalization of $6.98 billion, a price-to-earnings ratio of 16.82, a PEG ratio of 1.07 and a beta of 1.46. Janus Henderson Group plc has a 1 year low of $28.26 and a 1 year high of $46.68. The company has a quick ratio of 3.91, a current ratio of 4.49 and a debt-to-equity ratio of 0.08.

Janus Henderson Group (NYSE:JHG - Get Free Report) last announced its quarterly earnings data on Thursday, July 31st. The company reported $0.90 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.84 by $0.06. The firm had revenue of $633.20 million during 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 business's revenue for the quarter was up 7.6% on a year-over-year basis. During the same period in the prior year, the business earned $0.85 EPS. On average, sell-side 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 business also recently announced a quarterly dividend, which will be paid on Thursday, August 28th. Investors of record on Monday, August 11th will be given a dividend of $0.40 per share. This represents a $1.60 annualized dividend and a dividend yield of 3.6%. The ex-dividend date is Monday, August 11th. Janus Henderson Group's dividend payout ratio (DPR) is 60.15%.

Analyst Upgrades and Downgrades

A number of research firms have recently weighed in on JHG. Wall Street Zen upgraded shares of Janus Henderson Group from a "hold" rating to a "buy" rating in a report on Saturday, August 16th. Wells Fargo & Company upped their price objective on shares of Janus Henderson Group from $37.00 to $44.00 and gave the company an "equal weight" rating in a research note on Friday, July 11th. Morgan Stanley boosted their price target on shares of Janus Henderson Group from $33.00 to $36.00 and gave the company an "equal weight" rating in a research report on Wednesday, July 2nd. Cowen reissued a "buy" rating on shares of Janus Henderson Group in a research 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 company an "overweight" rating in a report on Wednesday, July 16th. Five equities research analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company's stock. According to MarketBeat.com, Janus Henderson Group has an average rating of "Moderate Buy" and an average target price of $43.33.

Insider Activity at Janus Henderson Group

In related news, insider Georgina Fogo sold 69,000 shares of the firm'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 completion of the transaction, the insider owned 58,057 shares in the company, valued at $2,500,514.99. This trade represents a 54.31% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. 19.60% of the stock is owned by company insiders.

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.