Jump Financial LLC Invests $6.10 Million in Janus Henderson Group plc $JHG

Key Points

• Jump Financial LLC has invested $6.10 million in Janus Henderson Group by acquiring 168,711 shares, representing approximately 0.11% of the company's total shares.
• Janus Henderson Group recently reported better-than-expected quarterly earnings with $0.90 earnings per share, surpassing analysts' expectations of $0.84.
• The company declared a quarterly dividend of $0.40 per share, with a yield of 3.7%, to be distributed to stockholders of record on August 11th.

Jump Financial LLC bought a new stake in shares of Janus Henderson Group plc (NYSE:JHG - Free Report) during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 168,711 shares of the company's stock, valued at approximately $6,099,000. Jump Financial LLC owned 0.11% of Janus Henderson Group at the end of the most recent reporting period.

A number of other hedge funds have also recently made changes to their positions in the company. CW Advisors LLC grew its position in shares of Janus Henderson Group by 9.7% during the 1st quarter. CW Advisors LLC now owns 5,773 shares of the company's stock valued at $209,000 after purchasing an additional 512 shares in the last quarter. Martingale Asset Management L P grew its position in shares of Janus Henderson Group by 7.3% during the 1st quarter. Martingale Asset Management L P now owns 152,516 shares of the company's stock valued at $5,513,000 after purchasing an additional 10,442 shares in the last quarter. Capital Fund Management S.A. purchased a new position in shares of Janus Henderson Group during the 1st quarter valued at $4,176,000. Hsbc Holdings PLC grew its position in shares of Janus Henderson Group by 821.8% during the 1st quarter. Hsbc Holdings PLC now owns 463,104 shares of the company's stock valued at $16,519,000 after purchasing an additional 412,865 shares in the last quarter. Finally, Quantbot Technologies LP purchased a new position in shares of Janus Henderson Group during the 1st quarter valued at $721,000. 87.94% of the stock is currently owned by hedge funds and other institutional investors.

Janus Henderson Group Trading Up 0.1%

NYSE JHG traded up $0.03 during trading on Thursday, hitting $44.70. 920,304 shares of the company's stock traded hands, compared to its average volume of 1,275,173. The stock has a fifty day moving average of $41.74 and a two-hundred day moving average of $38.38. The company has a debt-to-equity ratio of 0.08, a current ratio of 4.49 and a quick ratio of 3.91. Janus Henderson Group plc has a 12-month low of $28.26 and a 12-month high of $46.68. The firm has a market cap of $6.97 billion, a P/E ratio of 16.80, a PEG ratio of 1.07 and a beta of 1.46.

Janus Henderson Group (NYSE:JHG - Get Free Report) last posted its quarterly earnings results on Thursday, July 31st. The company reported $0.90 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.84 by $0.06. Janus Henderson Group had a net margin of 16.06% and a return on equity of 12.01%. The business had revenue of $633.20 million during the quarter, compared to analyst estimates of $614.46 million. During the same period in the prior year, the business posted $0.85 earnings per share. The company's revenue was up 7.6% on a year-over-year basis. As a group, sell-side analysts expect that Janus Henderson Group plc will post 3.75 EPS for the current year.

Janus Henderson Group Dividend Announcement

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

Analysts Set New Price Targets

A number of research firms have recently commented on JHG. Cowen restated a "buy" rating on shares of Janus Henderson Group in a research report on Wednesday, May 14th. 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. Wall Street Zen upgraded shares of Janus Henderson Group from a "hold" rating to a "buy" rating in a research report on Saturday, August 16th. Wells Fargo & Company upped their target price on shares of Janus Henderson Group from $37.00 to $44.00 and gave the stock an "equal weight" rating in a research report on Friday, July 11th. Finally, Evercore ISI upped their target price on shares of Janus Henderson Group from $33.00 to $35.00 and gave the stock an "in-line" rating in a research report on Friday, May 2nd. Five equities research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the stock. Based on data from MarketBeat.com, Janus Henderson Group currently has a consensus rating of "Moderate Buy" and a consensus price target of $43.33.

Insider Buying and Selling at Janus Henderson Group

In other news, insider Georgina Fogo sold 69,000 shares of the stock in a transaction dated 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. This represents a 54.31% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Corporate insiders own 19.60% of the company's stock.

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.