Voya Investment Management LLC Grows Stake in Janus Henderson Group plc $JHG

Key Points

• Voya Investment Management LLC has increased its stake in Janus Henderson Group plc by 14.2% during the 1st quarter, now holding approximately 96,533 shares valued at $3,490,000.
• Insider Georgina Fogo sold 69,000 shares of Janus Henderson Group at an average price of $43.07, marking a significant 54.31% decrease in their ownership.
• Equities analysts have mixed reviews on Janus Henderson Group, with five analysts rating it as a Buy and six rating it as a Hold, while the average price target stands at $44.78.

Voya Investment Management LLC increased its holdings in shares of Janus Henderson Group plc (NYSE:JHG - Free Report) by 14.2% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 96,533 shares of the company's stock after purchasing an additional 11,985 shares during the quarter. Voya Investment Management LLC owned approximately 0.06% of Janus Henderson Group worth $3,490,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in the business. Lynx Investment Advisory grew its position in shares of Janus Henderson Group by 82.1% during the first quarter. Lynx Investment Advisory now owns 20,896 shares of the company's stock worth $755,000 after purchasing an additional 9,421 shares in the last quarter. Strs Ohio purchased a new position in Janus Henderson Group during the 1st quarter valued at approximately $2,586,000. Acadian Asset Management LLC purchased a new position in Janus Henderson Group during the 1st quarter valued at approximately $708,000. Jane Street Group LLC grew its holdings in Janus Henderson Group by 1,924.0% during the 1st quarter. Jane Street Group LLC now owns 279,352 shares of the company's stock valued at $10,099,000 after buying an additional 265,550 shares in the last quarter. Finally, Bayforest Capital Ltd grew its holdings in Janus Henderson Group by 21.5% during the 1st quarter. Bayforest Capital Ltd now owns 6,253 shares of the company's stock valued at $226,000 after buying an additional 1,105 shares in the last quarter. Hedge funds and other institutional investors own 87.94% of the company's stock.

Insiders Place Their Bets

In related news, insider Georgina Fogo sold 69,000 shares of the firm's stock in a transaction dated 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 sale, 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 sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CFO Roger Mj Thompson sold 27,491 shares of the firm's stock in a transaction dated Thursday, September 11th. The shares were sold at an average price of $45.26, for a total value of $1,244,242.66. Following the sale, the chief financial officer directly owned 113,097 shares in the company, valued at approximately $5,118,770.22. The trade was a 19.55% decrease in their position. The disclosure for this sale can be found here. 19.60% of the stock is currently owned by corporate insiders.

Analyst Upgrades and Downgrades

Several equities analysts have weighed in on JHG shares. Wells Fargo & Company raised their price target on Janus Henderson Group from $37.00 to $44.00 and gave the company an "equal weight" rating in a report on Friday, July 11th. Wall Street Zen cut Janus Henderson Group from a "buy" rating to a "hold" rating in a report on Saturday, August 30th. Morgan Stanley raised their price target on Janus Henderson Group from $33.00 to $36.00 and gave the company an "equal weight" rating in a report on Wednesday, July 2nd. Zacks Research cut Janus Henderson Group from a "strong-buy" rating to a "hold" rating in a report on Monday, September 8th. Finally, Evercore ISI raised their price target on Janus Henderson Group from $45.00 to $48.00 and gave the company an "in-line" rating in a report on Friday, September 5th. Five research analysts have rated the stock with a Buy rating and six have given a Hold rating to the company. According to data from MarketBeat.com, the stock has an average rating of "Hold" and an average price target of $44.78.

Janus Henderson Group Price Performance

JHG opened at $44.80 on Friday. Janus Henderson Group plc has a 12-month low of $28.26 and a 12-month high of $46.68. The company has a current ratio of 4.49, a quick ratio of 3.91 and a debt-to-equity ratio of 0.08. The business's fifty day simple moving average is $43.45 and its 200-day simple moving average is $38.61. The company has a market capitalization of $6.99 billion, a price-to-earnings ratio of 16.84, a PEG ratio of 1.09 and a beta of 1.51.

Janus Henderson Group (NYSE:JHG - Get Free Report) last posted 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. Janus Henderson Group had a return on equity of 12.01% and a net margin of 16.06%.The business had revenue of $633.20 million for the quarter, compared to the consensus estimate of $614.46 million. During the same quarter in the prior year, the company earned $0.85 EPS. The business's revenue was up 7.6% compared to the same quarter last year. On average, equities research analysts anticipate that Janus Henderson Group plc will post 3.75 earnings per share for the current fiscal 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 given a dividend of $0.40 per share. 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 is presently 60.15%.

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.

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