GAMMA Investing LLC Increases Stock Holdings in Janus Henderson Group plc (NYSE:JHG)

GAMMA Investing LLC lifted its stake in Janus Henderson Group plc (NYSE:JHG - Free Report) by 4,188.8% during the 1st quarter, according to the company in its most recent filing with the SEC. The fund owned 144,962 shares of the company's stock after acquiring an additional 141,582 shares during the quarter. GAMMA Investing LLC owned 0.09% of Janus Henderson Group worth $5,240,000 at the end of the most recent reporting period.

Several other large investors have also recently made changes to their positions in JHG. Delphi Management Inc. MA purchased a new stake in Janus Henderson Group in the fourth quarter valued at approximately $1,419,000. Bank of New York Mellon Corp grew its stake in shares of Janus Henderson Group by 3.1% in the fourth quarter. Bank of New York Mellon Corp now owns 1,064,556 shares of the company's stock valued at $45,276,000 after buying an additional 32,346 shares in the last quarter. Truist Financial Corp raised its holdings in shares of Janus Henderson Group by 110.2% in the 4th quarter. Truist Financial Corp now owns 5,426 shares of the company's stock valued at $231,000 after buying an additional 2,845 shares during the period. Proficio Capital Partners LLC acquired a new position in Janus Henderson Group during the 4th quarter worth about $997,000. Finally, Summit Trail Advisors LLC purchased a new position in Janus Henderson Group during the 4th quarter valued at about $406,000. 87.94% of the stock is currently owned by institutional investors and hedge funds.

Janus Henderson Group Stock Down 0.4%

NYSE JHG traded down $0.14 on Thursday, hitting $36.71. 125,260 shares of the stock were exchanged, compared to its average volume of 1,151,596. Janus Henderson Group plc has a fifty-two week low of $28.26 and a fifty-two week high of $46.68. The company has a 50-day moving average price of $34.62 and a 200-day moving average price of $39.28. The company has a quick ratio of 2.08, a current ratio of 3.08 and a debt-to-equity ratio of 0.08. The company has a market cap of $5.78 billion, a PE ratio of 14.34, a PEG ratio of 0.66 and a beta of 1.42.

Janus Henderson Group (NYSE:JHG - Get Free Report) last released its quarterly earnings data on Thursday, May 1st. The company reported $0.79 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.72 by $0.07. The business had revenue of $621.40 million during the quarter, compared to analysts' expectations of $623.56 million. Janus Henderson Group had a net margin of 16.38% and a return on equity of 12.18%. The company's revenue for the quarter was up 12.6% on a year-over-year basis. During the same period in the previous year, the company earned $0.71 EPS. Sell-side analysts anticipate that Janus Henderson Group plc will post 3.75 EPS for the current fiscal year.

Janus Henderson Group Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, May 29th. Stockholders of record on Monday, May 12th were given a dividend of $0.40 per share. This is a boost from Janus Henderson Group's previous quarterly dividend of $0.39. This represents a $1.60 annualized dividend and a dividend yield of 4.36%. The ex-dividend date of this dividend was Monday, May 12th. Janus Henderson Group's dividend payout ratio is currently 63.49%.

Wall Street Analysts Forecast Growth

Several research firms have weighed in on JHG. The Goldman Sachs Group dropped their target price on Janus Henderson Group from $47.00 to $41.00 and set a "neutral" rating for the company in a research report on Thursday, April 3rd. Morgan Stanley lifted their price objective on shares of Janus Henderson Group from $32.00 to $33.00 and gave the company an "equal weight" rating in a report on Tuesday, May 6th. Cowen reiterated a "buy" rating on shares of Janus Henderson Group in a report on Wednesday, May 14th. Wall Street Zen downgraded shares of Janus Henderson Group from a "buy" rating to a "hold" rating in a research note on Tuesday, March 25th. Finally, Bank of America raised Janus Henderson Group from a "neutral" rating to a "buy" rating and cut their price objective for the stock from $57.00 to $43.00 in a research report on Thursday, April 3rd. Six research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. According to MarketBeat, Janus Henderson Group currently has a consensus rating of "Hold" and an average target price of $42.78.

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.