Janus Henderson Group plc $JHG Shares Bought by Petrus Trust Company LTA

Key Points

• Petrus Trust Company LTA significantly increased its stake in Janus Henderson Group plc by 323.7% during the 1st quarter, raising its holdings to a value of $792,000.
• Institutional investors own 87.94% of Janus Henderson Group's stock, with several firms, including Millennium Management and SG Americas Securities, also raising their positions in the company.
• Janus Henderson Group announced a quarterly dividend of $0.40 per share, reflecting an annualized yield of 3.6%, while the company reported stronger-than-expected earnings and revenue growth in its latest quarterly results.

Petrus Trust Company LTA raised its stake in Janus Henderson Group plc (NYSE:JHG - Free Report) by 323.7% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 21,917 shares of the company's stock after acquiring an additional 16,744 shares during the period. Petrus Trust Company LTA's holdings in Janus Henderson Group were worth $792,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors also recently bought and sold shares of JHG. Brooklyn Investment Group raised its holdings in shares of Janus Henderson Group by 182.2% in the first quarter. Brooklyn Investment Group now owns 920 shares of the company's stock valued at $33,000 after buying an additional 594 shares during the last quarter. UMB Bank n.a. raised its holdings in shares of Janus Henderson Group by 48.9% in the first quarter. UMB Bank n.a. now owns 1,172 shares of the company's stock valued at $42,000 after buying an additional 385 shares during the last quarter. Allworth Financial LP raised its holdings in shares of Janus Henderson Group by 87.9% in the first 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 last quarter. Farther Finance Advisors LLC raised its holdings in shares of Janus Henderson Group by 82.3% in the first 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 last quarter. Finally, Wealthquest Corp purchased a new stake in shares of Janus Henderson Group in the first quarter valued at about $115,000. Institutional investors and hedge funds own 87.94% of the company's stock.

Janus Henderson Group Price Performance

JHG stock traded down $0.21 during trading on Tuesday, reaching $44.32. 949,580 shares of the company were exchanged, compared to its average volume of 1,027,603. The company has a market cap of $6.91 billion, a P/E ratio of 16.66, a PEG ratio of 1.07 and a beta of 1.51. Janus Henderson Group plc has a 52-week low of $28.26 and a 52-week high of $46.68. The stock's 50 day moving average price is $42.77 and its 200 day moving average price is $38.40. 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 (NYSE:JHG - Get Free Report) last released its quarterly earnings data on Thursday, July 31st. The company reported $0.90 EPS for the quarter, topping analysts' consensus estimates of $0.84 by $0.06. The firm had revenue of $633.20 million for the quarter, compared to the consensus estimate of $614.46 million. Janus Henderson Group had a net margin of 16.06% and a return on equity of 12.01%. The firm's revenue was up 7.6% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.85 earnings per share. As a group, analysts predict that Janus Henderson Group plc will post 3.75 earnings per share for the current fiscal year.

Janus Henderson Group Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, August 28th. Shareholders of record on Monday, August 11th were given a dividend of $0.40 per share. 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 payout ratio is presently 60.15%.

Analysts Set New Price Targets

JHG has been the subject of a number of research reports. Cowen reaffirmed a "buy" rating on shares of Janus Henderson Group in a report on Wednesday, May 14th. JPMorgan Chase & Co. boosted their price target on shares of Janus Henderson Group from $44.00 to $47.00 and gave the stock an "overweight" rating in a research note on Wednesday, July 16th. Evercore ISI boosted their price target on shares of Janus Henderson Group from $45.00 to $48.00 and gave the stock an "in-line" rating in a research note on Friday. Wall Street Zen lowered shares of Janus Henderson Group from a "buy" rating to a "hold" rating in a research note on Saturday, August 30th. Finally, Morgan Stanley boosted their price target on shares of 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. Five investment analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company. According to MarketBeat.com, the company currently has an average rating of "Moderate Buy" and an average price target of $44.78.

Insider Transactions at Janus Henderson Group

In other Janus Henderson Group news, insider Georgina Fogo sold 69,000 shares of Janus Henderson Group 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 transaction, the insider owned 58,057 shares in the company, valued at approximately $2,500,514.99. The trade was a 54.31% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Insiders own 20.40% 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.