Paragon Capital Management Ltd Makes New $237,000 Investment in Janus Henderson Group plc $JHG

Key Points

• Paragon Capital Management Ltd has made a new investment of $237,000 in Janus Henderson Group plc, acquiring 6,100 shares during the 2nd quarter.
• Janus Henderson Group reported quarterly earnings of $0.90 per share, beating expectations and achieving a revenue of $633.20 million, a 7.6% increase from the previous year.
• The company recently announced a quarterly dividend of $0.40 per share, which equates to an annual yield of 3.6%.

Paragon Capital Management Ltd bought a new position in Janus Henderson Group plc (NYSE:JHG - Free Report) in the 2nd quarter, according to its most recent filing with the SEC. The institutional investor bought 6,100 shares of the company's stock, valued at approximately $237,000.

Several other hedge funds have also made changes to their positions in the company. Vanguard Group Inc. lifted its holdings in shares of Janus Henderson Group by 0.6% in the 1st 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 period. Charles Schwab Investment Management Inc. lifted its holdings in shares of Janus Henderson Group by 7.7% in the 1st quarter. Charles Schwab Investment Management Inc. now owns 4,946,058 shares of the company's stock worth $178,800,000 after buying an additional 352,617 shares during the period. AQR Capital Management LLC lifted its holdings in shares of Janus Henderson Group by 8.8% in the 1st quarter. AQR Capital Management LLC now owns 1,926,206 shares of the company's stock worth $68,400,000 after buying an additional 155,059 shares during the period. Clark Capital Management Group Inc. lifted its holdings in shares of Janus Henderson Group by 2.0% in the 1st quarter. Clark Capital Management Group Inc. now owns 1,445,920 shares of the company's stock worth $52,270,000 after buying an additional 28,117 shares during the period. Finally, Invesco Ltd. lifted its holdings in shares of Janus Henderson Group by 15.5% in the 1st quarter. Invesco Ltd. now owns 1,354,770 shares of the company's stock worth $48,975,000 after buying an additional 182,014 shares during the period. 87.94% of the stock is currently owned by hedge funds and other institutional investors.

Janus Henderson Group Trading Up 1.0%

Janus Henderson Group stock opened at $44.87 on Friday. The stock has a 50-day moving average of $43.79 and a two-hundred day moving average of $38.84. 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 one year low of $28.26 and a one year high of $46.68. The stock has a market cap of $7.00 billion, a PE ratio of 16.87, a price-to-earnings-growth ratio of 1.07 and a beta of 1.51.

Janus Henderson Group (NYSE:JHG - Get Free Report) last released its quarterly earnings results 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 company had revenue of $633.20 million during the quarter, compared to analysts' expectations of $614.46 million. During the same period last year, the business posted $0.85 earnings per share. The firm's revenue was up 7.6% compared to the same quarter last year. On average, research analysts anticipate that Janus Henderson Group plc will post 3.75 EPS for the current fiscal year.

Janus Henderson Group Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, August 28th. Shareholders of record on Monday, August 11th were paid a $0.40 dividend. The ex-dividend date was Monday, August 11th. This represents a $1.60 dividend on an annualized basis and a yield of 3.6%. Janus Henderson Group's dividend payout ratio (DPR) is 60.15%.

Analyst Ratings Changes

A number of brokerages recently weighed in on JHG. Wells Fargo & Company upped their price objective on Janus Henderson Group from $37.00 to $44.00 and gave the stock an "equal weight" rating in a research note on Friday, July 11th. Zacks Research cut Janus Henderson Group from a "strong-buy" rating to a "hold" rating in a research note on Monday, September 8th. JPMorgan Chase & Co. upped their price objective on Janus Henderson Group from $44.00 to $47.00 and gave the stock an "overweight" rating in a research note on Wednesday, July 16th. Wall Street Zen cut Janus Henderson Group from a "buy" rating to a "hold" rating in a research note on Saturday, August 30th. Finally, Evercore ISI upped their price objective on Janus Henderson Group from $45.00 to $48.00 and gave the stock an "in-line" rating in a research note on Friday, September 5th. Five research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of "Hold" and a consensus target price of $44.78.

Insider Transactions at Janus Henderson Group

In other news, CFO Roger Mj Thompson sold 27,491 shares of the stock in a transaction dated Thursday, September 11th. The stock was sold at an average price of $45.26, for a total value of $1,244,242.66. Following the transaction, the chief financial officer directly owned 113,097 shares of the company's stock, valued at approximately $5,118,770.22. This represents a 19.55% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, 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 value 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. This represents a 54.31% decrease in their ownership of the stock. The disclosure for this sale can be found here. Company insiders own 19.60% of the company's stock.

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.

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