Charles Schwab Investment Management Inc. Raises Holdings in Janus Henderson Group plc (NYSE:JHG)

Key Points

• Charles Schwab Investment Management Inc. increased its stake in Janus Henderson Group plc by 7.7%, now owning approximately 3.14% of the company, valued at $178.8 million.
• On the financial performance front, Janus Henderson Group reported an EPS of $0.90 for the last quarter, surpassing expectations of $0.84, alongside a revenue of $633.2 million.
• The company declared a quarterly dividend of $0.40 per share, reflecting an annualized yield of 3.7%, with a current dividend payout ratio of 60.15%.

Charles Schwab Investment Management Inc. lifted its position in Janus Henderson Group plc (NYSE:JHG - Free Report) by 7.7% in the 1st quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 4,946,058 shares of the company's stock after buying an additional 352,617 shares during the quarter. Charles Schwab Investment Management Inc. owned about 3.14% of Janus Henderson Group worth $178,800,000 as of its most recent filing with the SEC.

Several other large investors have also made changes to their positions in JHG. Vanguard Group Inc. lifted its holdings in shares of Janus Henderson Group by 0.6% during the first quarter. Vanguard Group Inc. now owns 14,227,134 shares of the company's stock worth $514,311,000 after buying an additional 78,321 shares during the last quarter. Jupiter Asset Management Ltd. increased its stake in shares of Janus Henderson Group by 48.5% in the first quarter. Jupiter Asset Management Ltd. now owns 995,445 shares of the company's stock valued at $35,985,000 after buying an additional 325,240 shares in the last quarter. Jefferies Financial Group Inc. increased its stake in shares of Janus Henderson Group by 29.2% in the first quarter. Jefferies Financial Group Inc. now owns 8,400 shares of the company's stock valued at $304,000 after buying an additional 1,898 shares in the last quarter. US Bancorp DE boosted its holdings in Janus Henderson Group by 5.7% in the first quarter. US Bancorp DE now owns 11,626 shares of the company's stock valued at $420,000 after acquiring an additional 623 shares during the last quarter. Finally, Wealthquest Corp bought a new position in Janus Henderson Group in the first quarter valued at about $115,000. Institutional investors own 87.94% of the company's stock.

Insider Buying and Selling at Janus Henderson Group

In related news, insider Georgina Fogo sold 69,000 shares of the business's stock in a transaction dated 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 directly owned 58,057 shares in the company, valued at $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 Securities & Exchange Commission, which is available through this hyperlink. Company insiders own 19.60% of the company's stock.

Janus Henderson Group Stock Down 0.4%

Janus Henderson Group stock traded down $0.19 during mid-day trading on Thursday, reaching $44.17. The stock had a trading volume of 676,924 shares, compared to its average volume of 1,286,105. The company has a debt-to-equity ratio of 0.08, a quick ratio of 3.91 and a current ratio of 4.49. Janus Henderson Group plc has a fifty-two week low of $28.26 and a fifty-two week high of $46.68. The stock's 50-day simple moving average is $40.21 and its 200-day simple moving average is $38.44. The firm has a market capitalization of $6.89 billion, a PE ratio of 16.61, a price-to-earnings-growth ratio of 1.06 and a beta of 1.46.

Janus Henderson Group (NYSE:JHG - Get Free Report) last announced its quarterly earnings data on Thursday, July 31st. The company reported $0.90 EPS for the quarter, beating 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 last year, the firm posted $0.85 earnings per share. The company's revenue for the quarter was up 7.6% compared to the same quarter last year. On average, sell-side analysts forecast that Janus Henderson Group plc will post 3.75 EPS for the current fiscal year.

Janus Henderson Group Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, August 28th. Stockholders of record on Monday, August 11th will be given a $0.40 dividend. The ex-dividend date is Monday, August 11th. This represents a $1.60 annualized dividend and a dividend yield of 3.6%. Janus Henderson Group's payout ratio is 60.15%.

Analysts Set New Price Targets

JHG has been the topic of a number of recent analyst reports. Morgan Stanley raised their target price on Janus Henderson Group from $33.00 to $36.00 and gave the stock an "equal weight" rating in a report on Wednesday, July 2nd. Cowen reaffirmed a "buy" rating on shares of Janus Henderson Group in a research report on Wednesday, May 14th. Evercore ISI boosted their target price on Janus Henderson Group from $33.00 to $35.00 and gave the stock an "in-line" rating in a report on Friday, May 2nd. JPMorgan Chase & Co. lifted their target price on Janus Henderson Group from $44.00 to $47.00 and gave the stock an "overweight" rating in a report on Wednesday, July 16th. Finally, Wells Fargo & Company upped their target price on Janus Henderson Group from $37.00 to $44.00 and gave the company an "equal weight" rating in a research report on Friday, July 11th. Six research analysts have rated the stock with a hold rating and five have issued a buy rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of "Hold" and a consensus price target of $43.33.

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.