Lynx Investment Advisory Has $755,000 Holdings in Janus Henderson Group plc $JHG

Key Points

• Lynx Investment Advisory boosted its stake in Janus Henderson Group plc by 82.1%, now holding 20,896 shares valued at $755,000.
• The company reported earnings of $0.90 per share for the last quarter, exceeding analysts' expectations of $0.84, with a year-over-year revenue increase of 7.6%.
• Janus Henderson Group announced a quarterly dividend of $0.40 per share, with an annualized yield of 3.5% and a payout ratio of 60.15%.

Lynx Investment Advisory increased its stake in Janus Henderson Group plc (NYSE:JHG - Free Report) by 82.1% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 20,896 shares of the company's stock after buying an additional 9,421 shares during the quarter. Lynx Investment Advisory's holdings in Janus Henderson Group were worth $755,000 as of its most recent SEC filing.

Several other large investors also recently made changes to their positions in JHG. Mirae Asset Global Investments Co. Ltd. lifted its holdings in Janus Henderson Group by 12.4% during the 1st quarter. Mirae Asset Global Investments Co. Ltd. now owns 103,653 shares of the company's stock valued at $3,729,000 after purchasing an additional 11,435 shares during the last quarter. GAMMA Investing LLC lifted its holdings in Janus Henderson Group by 4,188.8% during the 1st quarter. GAMMA Investing LLC now owns 144,962 shares of the company's stock valued at $5,240,000 after purchasing an additional 141,582 shares during the last quarter. Envestnet Asset Management Inc. lifted its holdings in Janus Henderson Group by 28.8% during the 1st quarter. Envestnet Asset Management Inc. now owns 320,093 shares of the company's stock valued at $11,571,000 after purchasing an additional 71,553 shares during the last quarter. Sierra Summit Advisors LLC acquired a new stake in Janus Henderson Group during the 1st quarter valued at $587,000. Finally, Jump Financial LLC acquired a new stake in Janus Henderson Group during the 1st quarter valued at $6,099,000. Institutional investors and hedge funds own 87.94% of the company's stock.

Janus Henderson Group Stock Up 1.7%

JHG opened at $45.35 on Friday. 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 debt-to-equity ratio of 0.08, a quick ratio of 3.91 and a current ratio of 4.49. The company has a market capitalization of $7.07 billion, a P/E ratio of 17.05, a P/E/G ratio of 1.07 and a beta of 1.51. The stock has a fifty day moving average of $42.96 and a 200-day moving average of $38.47.

Janus Henderson Group (NYSE:JHG - Get Free Report) last posted its earnings results on Thursday, July 31st. The company reported $0.90 earnings per share 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 company had revenue of $633.20 million during the quarter, compared to the consensus estimate of $614.46 million. During the same quarter last year, the firm earned $0.85 earnings per share. The company's revenue was up 7.6% on a year-over-year basis. On average, equities analysts expect that Janus Henderson Group plc will post 3.75 EPS for the current year.

Janus Henderson Group Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, August 28th. Investors of record on Monday, August 11th were given a $0.40 dividend. The ex-dividend date was Monday, August 11th. This represents a $1.60 dividend on an annualized basis and a dividend yield of 3.5%. Janus Henderson Group's dividend payout ratio (DPR) is presently 60.15%.

Insider Activity at Janus Henderson Group

In related news, insider Georgina Fogo sold 69,000 shares of the firm's stock in a transaction on Monday, August 4th. The stock was sold at an average price of $43.07, for a total value of $2,971,830.00. Following the transaction, the insider owned 58,057 shares in the company, valued at approximately $2,500,514.99. This trade represents a 54.31% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Insiders own 19.60% of the company's stock.

Analyst Upgrades and Downgrades

Several brokerages have issued reports on JHG. Wells Fargo & Company raised their price target on Janus Henderson Group from $37.00 to $44.00 and gave the company an "equal weight" rating in a report on Friday, July 11th. Wall Street Zen downgraded Janus Henderson Group from a "buy" rating to a "hold" rating in a report on Saturday, August 30th. Zacks Research downgraded Janus Henderson Group from a "strong-buy" rating to a "hold" rating in a report on Monday. Evercore ISI raised their price target on Janus Henderson Group from $45.00 to $48.00 and gave the company an "in-line" rating in a report on Friday, September 5th. Finally, 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. Five equities research analysts have rated the stock with a Buy rating and six have given a Hold rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of "Hold" and an average target price of $44.78.

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.

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