Trexquant Investment LP Invests $7.58 Million in Janus Henderson Group plc $JHG

Key Points

• Trexquant Investment LP purchased 209,532 shares of Janus Henderson Group plc for approximately $7.57 million, increasing its stake to 0.13% of the company, as reported in a recent SEC filing.
• Insider Georgina Fogo sold 69,000 shares of Janus Henderson Group at an average price of $43.07, leading to a 54.31% decrease in her ownership.
• Janus Henderson Group recently posted quarterly earnings of $0.90 per share, exceeding expectations and showing a year-over-year revenue increase of 7.6%, alongside a quarterly dividend of $0.40 per share.

Trexquant Investment LP bought a new position in shares of Janus Henderson Group plc (NYSE:JHG - Free Report) during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 209,532 shares of the company's stock, valued at approximately $7,575,000. Trexquant Investment LP owned 0.13% of Janus Henderson Group as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also modified their holdings of the company. Brooklyn Investment Group increased its stake in 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 buying an additional 594 shares during the period. UMB Bank n.a. increased its stake in 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 buying an additional 385 shares during the period. Allworth Financial LP increased its stake in 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 buying an additional 684 shares during the period. Farther Finance Advisors LLC boosted 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 purchasing an additional 1,038 shares in the last quarter. Finally, Wealthquest Corp bought a new position in shares of Janus Henderson Group during the 1st quarter valued at about $115,000. Institutional investors and hedge funds own 87.94% of the company's stock.

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 transaction, the insider owned 58,057 shares of the company's stock, valued at $2,500,514.99. This trade represents a 54.31% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 20.40% of the stock is currently owned by corporate insiders.

Wall Street Analyst Weigh In

JHG has been the subject of several research reports. Wall Street Zen lowered shares of Janus Henderson Group from a "buy" rating to a "hold" rating in a research report on Saturday, August 30th. JPMorgan Chase & Co. raised their target price on shares of Janus Henderson Group from $44.00 to $47.00 and gave the stock an "overweight" rating in a report on Wednesday, July 16th. Cowen reiterated a "buy" rating on shares of Janus Henderson Group in a report on Wednesday, May 14th. Morgan Stanley raised their target price 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, Wells Fargo & Company raised their target price 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. Five research analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the stock. According to data from MarketBeat.com, Janus Henderson Group presently has a consensus rating of "Moderate Buy" and an average price target of $43.33.

Janus Henderson Group Stock Up 2.1%

JHG traded up $0.91 during midday trading on Thursday, hitting $44.92. 415,011 shares of the company's stock traded hands, compared to its average volume of 1,264,040. The company 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 stock's fifty day simple moving average is $42.31 and its 200-day simple moving average is $38.40. The company has a debt-to-equity ratio of 0.08, a current ratio of 4.49 and a quick ratio of 3.91. Janus Henderson Group plc has a one year low of $28.26 and a one year high of $46.68.

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, beating the consensus estimate of $0.84 by $0.06. The firm had revenue of $633.20 million for 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%. The company's revenue for the quarter was up 7.6% on a year-over-year basis. During the same quarter last year, the firm earned $0.85 earnings per share. As a group, equities analysts anticipate that Janus Henderson Group plc will post 3.75 earnings per share for the current fiscal year.

Janus Henderson Group Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Thursday, August 28th. Stockholders of record on Monday, August 11th were given a $0.40 dividend. The ex-dividend date of this dividend 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 dividend payout ratio (DPR) is currently 60.15%.

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.