Scientech Research LLC Buys New Position in Janus Henderson Group plc $JHG

Key Points

• Scientech Research LLC has acquired a new stake in Janus Henderson Group plc, purchasing 16,746 shares valued at approximately $605,000.
• Insider Georgina Fogo sold 69,000 shares at an average price of $43.07, resulting in a significant decrease in their ownership stake.
• Janus Henderson Group reported a quarterly EPS of $0.90, surpassing estimates and showing a 7.6% revenue increase year-over-year.

Scientech Research LLC purchased a new position in Janus Henderson Group plc (NYSE:JHG - Free Report) during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 16,746 shares of the company's stock, valued at approximately $605,000.

A number of other large investors have also added to or reduced their stakes in the company. Millennium Management LLC boosted its stake in shares of Janus Henderson Group by 23.9% during the 4th quarter. Millennium Management LLC now owns 7,247,633 shares of the company's stock valued at $308,242,000 after purchasing an additional 1,399,781 shares in the last quarter. SG Americas Securities LLC boosted its stake in shares of Janus Henderson Group by 4,233.1% during the 1st quarter. SG Americas Securities LLC now owns 834,380 shares of the company's stock valued at $30,163,000 after purchasing an additional 815,124 shares in the last quarter. Nuveen LLC bought a new stake in shares of Janus Henderson Group during the 1st quarter valued at about $21,890,000. Point72 Asset Management L.P. boosted its stake in shares of Janus Henderson Group by 113.7% during the 4th quarter. Point72 Asset Management L.P. now owns 1,010,600 shares of the company's stock valued at $42,981,000 after purchasing an additional 537,700 shares in the last quarter. Finally, Hsbc Holdings PLC boosted its stake in shares of Janus Henderson Group by 821.8% during the 1st quarter. Hsbc Holdings PLC now owns 463,104 shares of the company's stock valued at $16,519,000 after purchasing an additional 412,865 shares in the last quarter. Institutional investors own 87.94% of the company's stock.

Janus Henderson Group Stock Performance

Shares of JHG stock traded down $0.44 during trading hours on Friday, reaching $44.93. The company had a trading volume of 750,871 shares, compared to its average volume of 1,261,192. The business has a fifty day moving average price of $42.96 and a 200-day moving average price of $38.47. Janus Henderson Group plc has a one year low of $28.26 and a one year high of $46.68. The firm has a market cap of $7.01 billion, a PE ratio of 16.89, a price-to-earnings-growth ratio of 1.07 and a beta of 1.51. 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 announced its quarterly earnings results on Thursday, July 31st. The company reported $0.90 EPS 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 firm had revenue of $633.20 million during the quarter, compared to analyst estimates of $614.46 million. During the same period in the previous year, the business posted $0.85 earnings per share. The business's revenue for the quarter was up 7.6% on a year-over-year basis. Sell-side 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 business also recently declared 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 dividend on an annualized basis and a dividend yield of 3.6%. Janus Henderson Group's payout ratio is currently 60.15%.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently weighed in on the stock. JPMorgan Chase & Co. lifted their target price on shares of Janus Henderson Group from $44.00 to $47.00 and gave the company an "overweight" rating in a research note on Wednesday, July 16th. Morgan Stanley lifted their target price on shares of Janus Henderson Group from $33.00 to $36.00 and gave the company an "equal weight" rating in a research note on Wednesday, July 2nd. Zacks Research cut shares of Janus Henderson Group from a "strong-buy" rating to a "hold" rating in a research report on Monday. Wells Fargo & Company lifted their price target 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. Finally, Wall Street Zen cut shares of Janus Henderson Group from a "buy" rating to a "hold" rating in a research report on Saturday, August 30th. Five investment analysts have rated the stock with a Buy rating and six have given a Hold rating to the company. According to MarketBeat.com, the stock has a consensus rating of "Hold" and a consensus price target of $44.78.

Insider Activity at Janus Henderson Group

In other news, insider Georgina Fogo sold 69,000 shares of Janus Henderson Group stock in a transaction that occurred 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 in the company, valued at $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 available through this link. 19.60% of the stock is owned by corporate 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.