United Services Automobile Association Takes $300,000 Position in Janus Henderson Group plc $JHG

Key Points

• United Services Automobile Association has acquired a new stake in Janus Henderson Group plc, purchasing 8,339 shares valued at approximately $300,000.
• Insider Georgina Fogo sold 69,000 shares of Janus Henderson Group stock for about $2.97 million, which represents a 54.31% decrease in her position.
• The company recently announced a quarterly dividend of $0.40 per share, which reflects a 3.6% dividend yield and a payout ratio of 60.15%.

United Services Automobile Association bought a new stake in Janus Henderson Group plc (NYSE:JHG - Free Report) in the 1st quarter, according to its most recent 13F filing with the SEC. The firm bought 8,339 shares of the company's stock, valued at approximately $300,000.

Several other large investors also recently made changes to their positions in the company. Louisiana State Employees Retirement System grew its stake in shares of Janus Henderson Group by 0.8% in the 1st 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 during the period. Arete Wealth Advisors LLC grew its stake in shares of Janus Henderson Group by 2.4% in the 1st quarter. Arete Wealth Advisors LLC now owns 12,954 shares of the company's stock valued at $468,000 after buying an additional 309 shares during the period. Mubadala Investment Co PJSC grew its stake in shares of Janus Henderson Group by 0.6% in the 1st quarter. Mubadala Investment Co PJSC now owns 56,807 shares of the company's stock valued at $2,054,000 after buying an additional 324 shares during the period. UMB Bank n.a. grew its stake in shares of Janus Henderson Group by 48.9% in 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. Finally, ProShare Advisors LLC grew its stake in shares of Janus Henderson Group by 7.2% in the 4th quarter. ProShare Advisors LLC now owns 5,952 shares of the company's stock valued at $253,000 after buying an additional 398 shares during the period. 87.94% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity at Janus Henderson Group

In other Janus Henderson Group 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 transaction 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 position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. 19.60% of the stock is currently owned by corporate insiders.

Janus Henderson Group Price Performance

Janus Henderson Group stock opened at $44.93 on Friday. Janus Henderson Group plc has a 52 week low of $28.26 and a 52 week high of $46.68. The company's 50 day moving average price is $43.05 and its two-hundred day moving average price is $38.49. The company has a quick ratio of 3.91, a current ratio of 4.49 and a debt-to-equity ratio of 0.08. The stock has a market cap of $7.01 billion, a P/E ratio of 16.89, a P/E/G ratio of 1.09 and a beta of 1.51.

Janus Henderson Group (NYSE:JHG - Get Free Report) last posted its earnings results on Thursday, July 31st. The company reported $0.90 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 for the quarter, compared to analysts' expectations of $614.46 million. During the same quarter last year, the firm earned $0.85 EPS. The company's quarterly revenue was up 7.6% compared to the same quarter last year. On average, equities analysts predict that Janus Henderson Group plc will post 3.75 earnings per share for the current year.

Janus Henderson Group Dividend Announcement

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

Wall Street Analysts Forecast Growth

Several analysts have recently commented on JHG shares. Evercore ISI raised their target price on Janus Henderson Group from $45.00 to $48.00 and gave the company an "in-line" rating in a research note on Friday, September 5th. 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. Wells Fargo & Company raised 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. Zacks Research cut shares of Janus Henderson Group from a "strong-buy" rating to a "hold" rating in a research report on Monday, September 8th. Finally, JPMorgan Chase & Co. raised their price target on shares of Janus Henderson Group from $44.00 to $47.00 and gave the company an "overweight" rating in a research report on Wednesday, July 16th. Five analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of "Hold" and a consensus target price of $44.78.

About Janus Henderson Group

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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