Quantbot Technologies LP Purchases New Stake in Janus Henderson Group plc $JHG

Key Points

• Quantbot Technologies LP purchased 19,932 shares of Janus Henderson Group plc, valued at approximately $721,000, indicating increased institutional interest in the stock.
• JPMorgan Chase & Co. raised their price target for Janus Henderson Group from $44.00 to $47.00, reflecting a positive outlook and an "overweight" rating.
• Janus Henderson Group recently declared a quarterly dividend of $0.40 per share, which will provide an annualized yield of 3.7% to shareholders.

Quantbot Technologies LP bought a new stake in shares of Janus Henderson Group plc (NYSE:JHG - Free Report) during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund bought 19,932 shares of the company's stock, valued at approximately $721,000.

Other institutional investors also recently modified their holdings of the company. Brooklyn Investment Group lifted its position in shares of Janus Henderson Group by 182.2% during the 1st quarter. Brooklyn Investment Group now owns 920 shares of the company's stock valued at $33,000 after acquiring an additional 594 shares during the period. True Wealth Design LLC lifted its position in shares of Janus Henderson Group by 66.9% during the 4th quarter. True Wealth Design LLC now owns 1,020 shares of the company's stock valued at $43,000 after acquiring an additional 409 shares during the period. UMB Bank n.a. lifted its position in shares of Janus Henderson Group by 48.9% during 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. Allworth Financial LP lifted its position in shares of Janus Henderson Group by 87.9% during the 1st quarter. Allworth Financial LP now owns 1,462 shares of the company's stock valued at $48,000 after acquiring an additional 684 shares during the period. Finally, Farther Finance Advisors LLC lifted its position in shares of Janus Henderson Group by 82.3% during the 1st quarter. Farther Finance Advisors LLC now owns 2,299 shares of the company's stock valued at $83,000 after acquiring an additional 1,038 shares during the period. Institutional investors and hedge funds own 87.94% of the company's stock.

Analyst Ratings Changes

A number of research analysts recently issued reports on JHG shares. Evercore ISI boosted their target price on shares of Janus Henderson Group from $33.00 to $35.00 and gave the company an "in-line" rating in a research report on Friday, May 2nd. Wall Street Zen downgraded shares of Janus Henderson Group from a "buy" rating to a "hold" rating in a report on Saturday. Wells Fargo & Company upped their price objective on shares of Janus Henderson Group from $37.00 to $44.00 and gave the stock an "equal weight" rating in a report on Friday, July 11th. Morgan Stanley upped their price objective on shares of Janus Henderson Group from $33.00 to $36.00 and gave the stock an "equal weight" rating in a report on Wednesday, July 2nd. Finally, Cowen restated a "buy" rating on shares of Janus Henderson Group in a report on Wednesday, May 14th. Five equities research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company. Based on data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and a consensus target price of $43.33.

Janus Henderson Group Stock Down 0.8%

Shares of NYSE JHG traded down $0.35 during trading on Friday, hitting $44.32. The stock had a trading volume of 893,890 shares, compared to its average volume of 1,118,967. Janus Henderson Group plc has a 12 month low of $28.26 and a 12 month high of $46.68. The company has a debt-to-equity ratio of 0.08, a current ratio of 4.49 and a quick ratio of 3.91. The company has a market capitalization of $6.91 billion, a PE ratio of 16.66, a PEG ratio of 1.07 and a beta of 1.46. The firm has a fifty day moving average of $41.89 and a two-hundred day moving average of $38.35.

Janus Henderson Group (NYSE:JHG - Get Free Report) last posted its earnings results on Thursday, July 31st. The company reported $0.90 earnings per share (EPS) for the quarter, topping the consensus estimate 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 firm had revenue of $633.20 million during the quarter, compared to analyst estimates of $614.46 million. During the same quarter in the prior year, the business posted $0.85 EPS. The business's revenue was up 7.6% compared to the same quarter last year. As a group, equities research analysts forecast that Janus Henderson Group plc will post 3.75 EPS for the current fiscal year.

Janus Henderson Group Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, August 28th. Stockholders 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 annualized dividend and a dividend yield of 3.6%. Janus Henderson Group's dividend payout ratio is presently 60.15%.

Insider Activity

In other news, insider Georgina Fogo sold 69,000 shares of the company's 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 owned 58,057 shares in the company, valued at $2,500,514.99. This represents a 54.31% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. 19.60% of the stock is currently owned by insiders.

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.