PharVision Advisers LLC Purchases Shares of 10,123 Janus Henderson Group plc $JHG

Key Points

• PharVision Advisers LLC has acquired a new stake in Janus Henderson Group plc, purchasing 10,123 shares valued at approximately $366,000.
• Several institutional investors, including Millennium Management and SG Americas Securities, have significantly increased their holdings in Janus Henderson Group, with ownership now at 87.94%.
• Analysts have set a consensus rating of "Moderate Buy" for Janus Henderson Group, with an average price target of $44.78 following various upgrades and downgrades from brokerages.

PharVision Advisers LLC acquired a new position in Janus Henderson Group plc (NYSE:JHG - Free Report) during the 1st quarter, according to the company in its most recent disclosure with the SEC. The fund acquired 10,123 shares of the company's stock, valued at approximately $366,000.

Several other hedge funds also recently made changes to their positions in the business. Hancock Whitney Corp grew its stake in shares of Janus Henderson Group by 5.7% in the 1st quarter. Hancock Whitney Corp now owns 438,771 shares of the company's stock worth $15,862,000 after purchasing an additional 23,500 shares during the last quarter. Clark Capital Management Group Inc. increased its position in shares of Janus Henderson Group by 2.0% in the first quarter. Clark Capital Management Group Inc. now owns 1,445,920 shares of the company's stock worth $52,270,000 after acquiring an additional 28,117 shares in the last quarter. AQR Capital Management LLC increased its position in shares of Janus Henderson Group by 8.8% in the first quarter. AQR Capital Management LLC now owns 1,926,206 shares of the company's stock worth $68,400,000 after acquiring an additional 155,059 shares in the last quarter. Amundi increased its position in shares of Janus Henderson Group by 13.8% in the first quarter. Amundi now owns 4,177 shares of the company's stock worth $150,000 after acquiring an additional 506 shares in the last quarter. Finally, Perbak Capital Partners LLP purchased a new position in shares of Janus Henderson Group in the first quarter worth approximately $321,000. Institutional investors and hedge funds own 87.94% of the company's stock.

Janus Henderson Group Stock Performance

Shares of Janus Henderson Group stock traded up $0.27 on Wednesday, reaching $44.60. The stock had a trading volume of 1,048,201 shares, compared to its average volume of 1,264,044. The business's 50-day moving average price is $42.77 and its two-hundred 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 plc has a fifty-two week low of $28.26 and a fifty-two week high of $46.68. The stock has a market cap of $6.96 billion, a P/E ratio of 16.77, a price-to-earnings-growth ratio of 1.07 and a beta of 1.51.

Janus Henderson Group (NYSE:JHG - Get Free Report) last issued its quarterly earnings data 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 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 analysts' expectations of $614.46 million. During the same period in the previous year, the company earned $0.85 earnings per share. Janus Henderson Group's revenue for the quarter was up 7.6% on a year-over-year basis. On average, sell-side analysts forecast that Janus Henderson Group plc will post 3.75 EPS for the current year.

Janus Henderson Group Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Thursday, August 28th. Investors of record on Monday, August 11th were paid a dividend of $0.40 per share. This represents a $1.60 annualized dividend and a yield of 3.6%. The ex-dividend date was Monday, August 11th. Janus Henderson Group's dividend payout ratio is presently 60.15%.

Insiders Place Their Bets

In other Janus Henderson Group news, insider Georgina Fogo sold 69,000 shares of the stock in a transaction on 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 sale, the insider directly owned 58,057 shares of the company's stock, valued at $2,500,514.99. This represents a 54.31% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 20.40% of the stock is currently owned by company insiders.

Analyst Upgrades and Downgrades

Several research analysts have recently weighed in on the stock. Zacks Research downgraded shares of Janus Henderson Group from a "strong-buy" rating to a "hold" rating in a research report on Monday. Cowen reissued a "buy" rating on shares of Janus Henderson Group in a research report on Wednesday, May 14th. 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 research report on Wednesday, July 16th. Morgan Stanley boosted their price objective 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. Finally, Wells Fargo & Company boosted their price objective on shares of Janus Henderson Group from $37.00 to $44.00 and gave the company an "equal weight" rating in a research report on Friday, July 11th. Five equities research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the stock. Based on data from MarketBeat.com, Janus Henderson Group presently has an average rating of "Hold" and an average price target of $44.78.

Janus Henderson Group Company 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.