Pacer Advisors Inc. Has $315,000 Position in Janus Henderson Group plc (NYSE:JHG)

Key Points

• Pacer Advisors Inc. has reduced its holdings in Janus Henderson Group plc by 62.9%, now owning 8,700 shares valued at $315,000.
• The company reported a quarterly earnings per share of $0.90, exceeding analysts' expectations of $0.84, with revenue of $633.20 million, reflecting a 7.6% increase from the previous year.
• Janus Henderson Group declared a quarterly dividend of $0.40 per share, providing an annualized yield of 3.8% with a payout ratio of 63.49%.

Pacer Advisors Inc. trimmed its position in Janus Henderson Group plc (NYSE:JHG - Free Report) by 62.9% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 8,700 shares of the company's stock after selling 14,730 shares during the quarter. Pacer Advisors Inc.'s holdings in Janus Henderson Group were worth $315,000 at the end of the most recent reporting period.

A number of other large investors have also modified their holdings of JHG. UMB Bank n.a. increased its position 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 purchasing an additional 385 shares in the last quarter. True Wealth Design LLC increased its holdings in shares of Janus Henderson Group by 66.9% in the fourth quarter. True Wealth Design LLC now owns 1,020 shares of the company's stock valued at $43,000 after purchasing an additional 409 shares in the last quarter. Allworth Financial LP increased its stake in shares of Janus Henderson Group by 87.9% in the 1st quarter. Allworth Financial LP now owns 1,462 shares of the company's stock valued at $48,000 after buying an additional 684 shares during the period. Bessemer Group Inc. increased its stake in shares of Janus Henderson Group by 825.2% in the 4th quarter. Bessemer Group Inc. now owns 1,286 shares of the company's stock valued at $55,000 after buying an additional 1,147 shares during the period. Finally, Farther Finance Advisors LLC increased its stake in shares of Janus Henderson Group by 82.3% in the 1st 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 period. 87.94% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of analysts recently commented on the company. Cowen reiterated a "buy" rating on shares of Janus Henderson Group in a research report on Wednesday, May 14th. Morgan Stanley lifted their price objective on Janus Henderson Group from $33.00 to $36.00 and gave the stock an "equal weight" rating in a research note on Wednesday, July 2nd. JPMorgan Chase & Co. boosted their price objective on shares of Janus Henderson Group from $44.00 to $47.00 and gave the company an "overweight" rating in a report on Wednesday, July 16th. Evercore ISI boosted their target price on Janus Henderson Group from $33.00 to $35.00 and gave the company an "in-line" rating in a research note on Friday, May 2nd. Finally, Wells Fargo & Company boosted their target price on 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. Six research analysts have rated the stock with a hold rating and five have assigned a buy rating to the stock. According to data from MarketBeat.com, Janus Henderson Group presently has a consensus rating of "Hold" and an average price target of $43.33.

Janus Henderson Group Stock Up 2.1%

NYSE JHG traded up $0.90 on Monday, reaching $43.20. The company had a trading volume of 1,164,879 shares, compared to its average volume of 1,128,861. The company has a debt-to-equity ratio of 0.08, a quick ratio of 2.30 and a current ratio of 4.49. The firm has a market capitalization of $6.74 billion, a price-to-earnings ratio of 11.53, a price-to-earnings-growth ratio of 1.31 and a beta of 1.46. The company's fifty day moving average is $39.16 and its 200-day moving average is $38.38. 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 posted its quarterly earnings data on Thursday, July 31st. The company reported $0.90 earnings per share for the quarter, topping the consensus estimate 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 company 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 firm earned $0.85 earnings per share. Janus Henderson Group's revenue for the quarter was up 7.6% compared to the same quarter last year. On average, research analysts forecast that Janus Henderson Group plc will post 3.75 earnings per share for the current fiscal year.

Janus Henderson Group Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, August 28th. Stockholders of record on Monday, August 11th will be paid a dividend of $0.40 per share. This represents a $1.60 dividend on an annualized basis and a dividend yield of 3.7%. The ex-dividend date is Monday, August 11th. 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.