UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC Has $40.25 Million Stock Holdings in Janus Henderson Group plc $JHG

Key Points

• UBS Asset Management Americas LLC increased its stake in Janus Henderson Group plc by 3.1%, now holding over $40 million worth of the company's stock.
• Janus Henderson Group reported an earnings per share (EPS) of $0.90 for the last quarter, exceeding estimates and showing a 7.6% revenue increase year-over-year.
• The company declared a quarterly dividend of $0.40 per share, resulting in an annualized dividend yield of 3.6%.

UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its holdings in Janus Henderson Group plc (NYSE:JHG - Free Report) by 3.1% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,113,356 shares of the company's stock after purchasing an additional 33,860 shares during the quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC owned about 0.71% of Janus Henderson Group worth $40,248,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors also recently made changes to their positions in JHG. Captrust Financial Advisors lifted its stake in shares of Janus Henderson Group by 40.7% in the 4th quarter. Captrust Financial Advisors now owns 11,391 shares of the company's stock valued at $484,000 after purchasing an additional 3,297 shares during the period. Deutsche Bank AG raised its stake in Janus Henderson Group by 886.2% during the 4th quarter. Deutsche Bank AG now owns 142,145 shares of the company's stock worth $6,045,000 after buying an additional 127,731 shares during the period. Focus Partners Wealth raised its stake in Janus Henderson Group by 28.7% during the 4th quarter. Focus Partners Wealth now owns 11,974 shares of the company's stock worth $511,000 after buying an additional 2,671 shares during the period. Laird Norton Wetherby Wealth Management LLC acquired a new position in Janus Henderson Group during the 4th quarter worth approximately $204,000. Finally, Nomura Holdings Inc. acquired a new position in Janus Henderson Group during the 4th quarter worth approximately $718,000. 87.94% of the stock is owned by institutional investors and hedge funds.

Janus Henderson Group Stock Performance

Shares of Janus Henderson Group stock opened at $44.93 on Monday. The company has a market cap of $7.01 billion, a PE ratio of 16.89, a price-to-earnings-growth ratio of 1.08 and a beta of 1.51. Janus Henderson Group plc has a 52 week low of $28.26 and a 52 week high of $46.68. The business has a 50 day moving average price of $43.05 and a 200-day moving average price of $38.44. The company has a quick ratio of 3.91, a current ratio of 4.49 and a debt-to-equity ratio of 0.08.

Janus Henderson Group (NYSE:JHG - Get Free Report) last issued its quarterly earnings data on Thursday, July 31st. The company reported $0.90 EPS for the quarter, topping the consensus estimate of $0.84 by $0.06. The firm had revenue of $633.20 million during the quarter, compared to the consensus estimate of $614.46 million. Janus Henderson Group had a return on equity of 12.01% and a net margin of 16.06%.The company's quarterly revenue was up 7.6% compared to the same quarter last year. During the same period in the prior year, the business posted $0.85 earnings per share. 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 firm also recently declared a quarterly dividend, which was paid on Thursday, August 28th. Investors of record on Monday, August 11th were given a dividend of $0.40 per share. This represents a $1.60 dividend on an annualized basis and a dividend yield of 3.6%. The ex-dividend date of this dividend was Monday, August 11th. Janus Henderson Group's dividend payout ratio (DPR) is presently 60.15%.

Analyst Upgrades and Downgrades

A number of research firms recently weighed in on JHG. JPMorgan Chase & Co. upped their price target on Janus Henderson Group from $44.00 to $47.00 and gave the stock an "overweight" rating in a research note on Wednesday, July 16th. Zacks Research downgraded Janus Henderson Group from a "strong-buy" rating to a "hold" rating in a research note on Monday, September 8th. Wall Street Zen downgraded Janus Henderson Group from a "buy" rating to a "hold" rating in a research note on Saturday, August 30th. Wells Fargo & Company upped their price target on Janus Henderson Group from $37.00 to $44.00 and gave the stock an "equal weight" rating in a research note on Friday, July 11th. Finally, Evercore ISI upped their price target on Janus Henderson Group from $45.00 to $48.00 and gave the stock an "in-line" rating in a research note on Friday, September 5th. Five equities research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the stock. According to MarketBeat, the stock presently has a consensus rating of "Hold" and a consensus target price of $44.78.

Insider Activity at Janus Henderson Group

In related news, insider Georgina Fogo sold 69,000 shares of the stock in a transaction that occurred on Monday, August 4th. The stock was sold at an average price of $43.07, for a total transaction of $2,971,830.00. Following the completion of the sale, the insider directly owned 58,057 shares of the company's stock, valued at approximately $2,500,514.99. This trade represents a 54.31% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Insiders own 20.40% of the company's stock.

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.

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