10,935 Shares in Janus Henderson Group plc $JHG Acquired by Voleon Capital Management LP

Key Points

• Voleon Capital Management LP has acquired a new stake in Janus Henderson Group plc, purchasing 10,935 shares valued at approximately $395,000.
• Several hedge funds have increased their holdings, with 87.94% of Janus Henderson Group's stock now owned by institutional investors and hedge funds.
• Janus Henderson Group announced a $0.40 quarterly dividend, yielding 3.6%, with its current payout ratio at 60.15%.

Voleon Capital Management LP acquired a new position in Janus Henderson Group plc (NYSE:JHG - Free Report) in the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 10,935 shares of the company's stock, valued at approximately $395,000.

Other large investors have also modified their holdings of the company. Brooklyn Investment Group raised its position in shares of Janus Henderson Group by 182.2% in the first quarter. Brooklyn Investment Group now owns 920 shares of the company's stock worth $33,000 after acquiring an additional 594 shares during the period. UMB Bank n.a. raised its position in shares of Janus Henderson Group by 48.9% in the first quarter. UMB Bank n.a. now owns 1,172 shares of the company's stock worth $42,000 after acquiring an additional 385 shares during the period. Allworth Financial LP raised its position in shares of Janus Henderson Group by 87.9% in the first quarter. Allworth Financial LP now owns 1,462 shares of the company's stock worth $48,000 after acquiring an additional 684 shares during the period. Farther Finance Advisors LLC raised its position in shares of Janus Henderson Group by 82.3% in the first quarter. Farther Finance Advisors LLC now owns 2,299 shares of the company's stock worth $83,000 after acquiring an additional 1,038 shares during the period. Finally, Wealthquest Corp acquired a new position in shares of Janus Henderson Group in the first quarter worth about $115,000. Institutional investors and hedge funds own 87.94% of the company's stock.

Janus Henderson Group Trading Down 1.0%

Shares of NYSE JHG traded down $0.44 during midday trading on Friday, reaching $44.93. 750,871 shares of the stock were exchanged, compared to its average volume of 1,031,729. The company has a 50 day simple moving average of $43.05 and a 200 day simple moving average of $38.49. The stock has a market capitalization of $7.01 billion, a P/E ratio of 16.89, a PEG ratio of 1.09 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 plc has a twelve month low of $28.26 and a twelve month high of $46.68.

Janus Henderson Group (NYSE:JHG - Get Free Report) last announced its quarterly earnings results on Thursday, July 31st. The company reported $0.90 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.84 by $0.06. The business had revenue of $633.20 million during the quarter, compared to the consensus estimate of $614.46 million. Janus Henderson Group had a net margin of 16.06% and a return on equity of 12.01%. The business's revenue was up 7.6% compared to the same quarter last year. During the same quarter last year, the firm earned $0.85 EPS. As a group, equities analysts expect that Janus Henderson Group plc will post 3.75 earnings per share for the current year.

Janus Henderson Group Announces Dividend

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

Analyst Upgrades and Downgrades

Several research analysts recently weighed in on the stock. Evercore ISI upped their price target on shares of Janus Henderson Group from $45.00 to $48.00 and gave the stock an "in-line" rating in a research report on Friday, September 5th. Morgan Stanley upped their price target on shares of Janus Henderson Group from $33.00 to $36.00 and gave the stock an "equal weight" rating in a research report on Wednesday, July 2nd. Wells Fargo & Company upped their price target on shares of Janus Henderson Group from $37.00 to $44.00 and gave the stock an "equal weight" rating in a research report on Friday, July 11th. Wall Street Zen downgraded shares of Janus Henderson Group from a "buy" rating to a "hold" rating in a research report on Saturday, August 30th. Finally, Zacks Research cut shares of Janus Henderson Group from a "strong-buy" rating to a "hold" rating in a research note on Monday. Five research analysts have rated the stock with a Buy rating and six have issued a Hold rating to the stock. Based on data from MarketBeat.com, Janus Henderson Group presently has an average rating of "Hold" and an average target price of $44.78.

Insider Activity

In related news, insider Georgina Fogo sold 69,000 shares of the 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 completion of the transaction, the insider 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 position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. 19.60% of the stock is owned by corporate insiders.

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.