Janus Henderson Group plc $JHG Shares Purchased by Vanguard Group Inc.

Key Points

• Vanguard Group Inc. increased its stake in Janus Henderson Group plc by 0.6%, now owning approximately 9.03% of the company, valued at around $514 million.
• Janus Henderson Group's stock is currently trading at $43.30, experiencing a decline of 1.9%, with a market capitalization of $6.75 billion.
• The company recently declared a quarterly dividend of $0.40 per share, reflecting an annualized yield of 3.7% and a payout ratio of 60.15%.

Vanguard Group Inc. grew its holdings in Janus Henderson Group plc (NYSE:JHG - Free Report) by 0.6% in the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 14,227,134 shares of the company's stock after buying an additional 78,321 shares during the period. Vanguard Group Inc. owned 9.03% of Janus Henderson Group worth $514,311,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in JHG. UMB Bank n.a. raised its holdings in shares of 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 buying an additional 385 shares in the last quarter. True Wealth Design LLC grew 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 period. Allworth Financial LP lifted its position in shares of 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 acquiring an additional 684 shares during the period. Bessemer Group Inc. boosted its holdings in Janus Henderson Group by 825.2% in the fourth quarter. Bessemer Group Inc. now owns 1,286 shares of the company's stock worth $55,000 after acquiring an additional 1,147 shares in the last quarter. Finally, Farther Finance Advisors LLC grew its holdings in shares of Janus Henderson Group by 82.3% during the first quarter. Farther Finance Advisors LLC now owns 2,299 shares of the company's stock valued at $83,000 after buying an additional 1,038 shares during the last quarter. 87.94% of the stock is owned by institutional investors.

Janus Henderson Group Price Performance

NYSE:JHG traded up $0.24 during trading hours on Tuesday, hitting $43.06. 148,664 shares of the stock traded hands, compared to its average volume of 1,278,667. The company has a market cap of $6.72 billion, a price-to-earnings ratio of 16.21, a price-to-earnings-growth ratio of 1.04 and a beta of 1.46. The company has a quick ratio of 3.91, a current ratio of 4.49 and a debt-to-equity ratio of 0.08. The stock has a 50 day moving average price of $40.63 and a 200 day moving average price of $38.37. Janus Henderson Group plc has a 1 year low of $28.26 and a 1 year high of $46.68.

Janus Henderson Group (NYSE:JHG - Get Free Report) last announced its earnings results on Thursday, July 31st. The company reported $0.90 EPS for the quarter, topping analysts' consensus estimates of $0.84 by $0.06. Janus Henderson Group had a return on equity of 12.01% and a net margin of 16.06%. The firm had revenue of $633.20 million during the quarter, compared to analysts' expectations of $614.46 million. During the same quarter in the previous year, the business earned $0.85 EPS. The company's quarterly revenue was up 7.6% on a year-over-year basis. Sell-side analysts forecast that Janus Henderson Group plc will post 3.75 EPS for the current fiscal year.

Janus Henderson Group Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, August 28th. Shareholders of record on Monday, August 11th will be issued a $0.40 dividend. This represents a $1.60 annualized dividend and a yield of 3.7%. The ex-dividend date of this dividend is Monday, August 11th. Janus Henderson Group's dividend payout ratio (DPR) is currently 60.15%.

Wall Street Analyst Weigh In

A number of analysts recently commented on the company. Wall Street Zen raised Janus Henderson Group from a "hold" rating to a "buy" rating in a research report on Saturday. Evercore ISI boosted their price target on shares of Janus Henderson Group from $33.00 to $35.00 and gave the company an "in-line" rating in a research report on Friday, May 2nd. Cowen reiterated a "buy" rating on shares of Janus Henderson Group in a research note on Wednesday, May 14th. Morgan Stanley lifted their price target on 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. Finally, JPMorgan Chase & Co. lifted their price target on Janus Henderson Group from $44.00 to $47.00 and gave the stock an "overweight" rating in a research note on Wednesday, July 16th. Five analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. Based on data from MarketBeat, the company presently has an average rating of "Moderate Buy" and a consensus price target of $43.33.

Insiders Place Their Bets

In other news, insider Georgina Fogo sold 69,000 shares of Janus Henderson Group stock in a transaction on 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 completion of the sale, the insider directly owned 58,057 shares in the company, 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 SEC, which is accessible through the SEC website. Corporate insiders own 19.60% of the company's stock.

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.