Picton Mahoney Asset Management Has $1.07 Million Position in Janus Henderson Group plc (NYSE:JHG)

Picton Mahoney Asset Management raised its stake in Janus Henderson Group plc (NYSE:JHG - Free Report) by 129.0% during the first quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor 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 at the end of the most recent reporting period.

A number of other institutional investors have also recently bought and sold shares of the stock. Louisiana State Employees Retirement System lifted its stake in Janus Henderson Group by 0.8% in the first quarter. Louisiana State Employees Retirement System now owns 35,600 shares of the company's stock valued at $1,287,000 after buying an additional 300 shares in the last quarter. Wells Fargo & Company MN lifted its stake in Janus Henderson Group by 4.0% in the fourth quarter. Wells Fargo & Company MN now owns 8,755 shares of the company's stock valued at $372,000 after buying an additional 339 shares in the last quarter. Sterling Capital Management LLC lifted its stake in Janus Henderson Group by 1.1% in the fourth quarter. Sterling Capital Management LLC now owns 35,421 shares of the company's stock valued at $1,506,000 after buying an additional 384 shares in the last quarter. UMB Bank n.a. lifted its stake in 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 in the last quarter. Finally, ProShare Advisors LLC lifted its stake in Janus Henderson Group by 7.2% in the fourth quarter. ProShare Advisors LLC now owns 5,952 shares of the company's stock valued at $253,000 after buying an additional 398 shares in the last quarter. Institutional investors own 87.94% of the company's stock.

Analyst Ratings Changes

A number of research analysts have weighed in on the stock. Evercore ISI lifted their price target on shares of Janus Henderson Group from $33.00 to $35.00 and gave the company an "in-line" rating in a research note on Friday, May 2nd. Wells Fargo & Company lifted 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 report on Friday, July 11th. Cowen reiterated a "buy" rating on shares of Janus Henderson Group in a report on Wednesday, May 14th. Morgan Stanley lifted 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 report on Wednesday, July 2nd. Finally, JPMorgan Chase & Co. lifted their price objective on shares of Janus Henderson Group from $44.00 to $47.00 and gave the company an "overweight" rating in a report on Wednesday, July 16th. Six research analysts have rated the stock with a hold rating and five have issued a buy rating to the company. According to data from MarketBeat, the company presently has an average rating of "Hold" and a consensus target price of $43.33.

Janus Henderson Group Stock Down 2.3%

JHG traded down $0.98 during trading on Friday, reaching $42.32. 1,592,478 shares of the stock were exchanged, compared to its average volume of 1,049,237. The stock has a market cap of $6.67 billion, a P/E ratio of 15.91, a price-to-earnings-growth ratio of 1.35 and a beta of 1.46. Janus Henderson Group plc has a twelve month low of $28.26 and a twelve month high of $46.68. The stock's 50 day moving average price is $39.16 and its two-hundred day moving average price is $38.43. The company has a debt-to-equity ratio of 0.08, a quick ratio of 2.67 and a current ratio of 4.38.

Janus Henderson Group (NYSE:JHG - Get Free Report) last issued 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. The business 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 for the quarter was up 7.6% on a year-over-year basis. During the same period in the previous year, the company earned $0.85 earnings per share. Equities analysts expect that Janus Henderson Group plc will post 3.75 EPS for the current year.

Janus Henderson Group Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, August 28th. Investors of record on Monday, August 11th will be issued a dividend of $0.40 per share. This represents a $1.60 dividend on an annualized basis and a yield of 3.8%. The ex-dividend date is Monday, August 11th. Janus Henderson Group's payout ratio is presently 63.49%.

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.