Picton Mahoney Asset Management Buys 16,741 Shares of Janus Henderson Group plc (NYSE:JHG)

Picton Mahoney Asset Management lifted its stake in Janus Henderson Group plc (NYSE:JHG - Free Report) by 129.0% during the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 29,714 shares of the company's stock after buying an additional 16,741 shares during the quarter. Picton Mahoney Asset Management's holdings in Janus Henderson Group were worth $1,074,000 as of its most recent SEC filing.

Other hedge funds also recently bought and sold shares of the company. Louisiana State Employees Retirement System boosted its position in shares of Janus Henderson Group by 0.8% during the first quarter. Louisiana State Employees Retirement System now owns 35,600 shares of the company's stock worth $1,287,000 after buying an additional 300 shares during the period. Wells Fargo & Company MN increased its position in shares of Janus Henderson Group by 4.0% during the fourth quarter. Wells Fargo & Company MN now owns 8,755 shares of the company's stock worth $372,000 after purchasing an additional 339 shares in the last quarter. Sterling Capital Management LLC increased its position in shares of Janus Henderson Group by 1.1% during the fourth quarter. Sterling Capital Management LLC now owns 35,421 shares of the company's stock worth $1,506,000 after purchasing an additional 384 shares in the last quarter. UMB Bank n.a. increased its position in Janus Henderson Group by 48.9% in the 1st quarter. UMB Bank n.a. now owns 1,172 shares of the company's stock valued at $42,000 after acquiring an additional 385 shares during the period. Finally, ProShare Advisors LLC increased its position in Janus Henderson Group by 7.2% in the 4th quarter. ProShare Advisors LLC now owns 5,952 shares of the company's stock valued at $253,000 after acquiring an additional 398 shares during the period. Hedge funds and other institutional investors own 87.94% of the company's stock.

Janus Henderson Group Stock Up 2.3%

JHG traded up $0.99 during trading on Monday, hitting $43.29. 437,551 shares of the company's stock were exchanged, compared to its average volume of 1,292,882. The business's 50 day moving average is $39.16 and its two-hundred day moving average is $38.38. The stock has a market cap of $6.75 billion, a P/E ratio of 16.27, a PEG ratio of 1.31 and a beta of 1.46. The company has a quick ratio of 2.30, a current ratio of 4.49 and a debt-to-equity ratio of 0.08. Janus Henderson Group plc has a fifty-two week low of $28.26 and a fifty-two week high of $46.68.

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, beating analysts' consensus estimates of $0.84 by $0.06. The company had revenue of $633.20 million during the quarter, compared to analyst estimates of $614.46 million. Janus Henderson Group had a net margin of 16.06% and a return on equity of 12.01%. Janus Henderson Group's revenue was up 7.6% compared to the same quarter last year. During the same period last year, the business earned $0.85 earnings per share. As a group, equities analysts expect 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 declared a quarterly dividend, which will be paid on Thursday, August 28th. Stockholders of record on Monday, August 11th will be given a dividend of $0.40 per share. The ex-dividend date of this dividend is Monday, August 11th. This represents a $1.60 annualized dividend and a dividend yield of 3.7%. Janus Henderson Group's dividend payout ratio is presently 60.15%.

Analyst Upgrades and Downgrades

JHG has been the topic of a number of analyst reports. Wells Fargo & Company lifted their price objective 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. JPMorgan Chase & Co. boosted their price target on Janus Henderson Group from $44.00 to $47.00 and gave the company an "overweight" rating in a report on Wednesday, July 16th. Cowen restated a "buy" rating on shares of Janus Henderson Group in a report on Wednesday, May 14th. Evercore ISI boosted their price objective on Janus Henderson Group from $33.00 to $35.00 and gave the stock an "in-line" rating in a research note on Friday, May 2nd. Finally, Morgan Stanley upped 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. Six investment analysts have rated the stock with a hold rating and five have issued a buy rating to the stock. According to data from MarketBeat, the company currently has an average rating of "Hold" and an average target price of $43.33.

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.