Point72 Europe London LLP Invests $5.47 Million in Janus Henderson Group plc (NYSE:JHG)

Point72 Europe London LLP bought a new position in Janus Henderson Group plc (NYSE:JHG) during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 162,300 shares of the company’s stock, valued at approximately $5,471,000. Point72 Europe London LLP owned approximately 0.10% of Janus Henderson Group at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Vanguard Group Inc. raised its holdings in shares of Janus Henderson Group by 0.5% during the 1st quarter. Vanguard Group Inc. now owns 13,652,673 shares of the company’s stock worth $449,036,000 after acquiring an additional 71,753 shares in the last quarter. Capital Research Global Investors raised its stake in Janus Henderson Group by 1.2% during the first quarter. Capital Research Global Investors now owns 8,831,148 shares of the company’s stock valued at $290,456,000 after purchasing an additional 103,341 shares in the last quarter. Dimensional Fund Advisors LP raised its stake in Janus Henderson Group by 4.4% during the second quarter. Dimensional Fund Advisors LP now owns 8,090,743 shares of the company’s stock valued at $272,741,000 after purchasing an additional 344,582 shares in the last quarter. Marshall Wace LLP lifted its position in Janus Henderson Group by 48.7% during the second quarter. Marshall Wace LLP now owns 1,000,823 shares of the company’s stock valued at $33,738,000 after purchasing an additional 327,819 shares during the last quarter. Finally, Norges Bank purchased a new position in shares of Janus Henderson Group in the 4th quarter worth $20,791,000. 87.94% of the stock is owned by institutional investors.

Janus Henderson Group Stock Performance

JHG stock opened at $38.67 on Wednesday. The firm has a market cap of $6.16 billion, a price-to-earnings ratio of 14.59, a PEG ratio of 0.77 and a beta of 1.51. Janus Henderson Group plc has a twelve month low of $22.17 and a twelve month high of $39.11. The company has a quick ratio of 2.67, a current ratio of 4.05 and a debt-to-equity ratio of 0.07. The business’s fifty day simple moving average is $36.30 and its two-hundred day simple moving average is $34.12.

Janus Henderson Group (NYSE:JHG) last posted its quarterly earnings results on Thursday, August 1st. The company reported $0.85 EPS for the quarter, topping the consensus estimate of $0.74 by $0.11. The company had revenue of $588.40 million for the quarter, compared to the consensus estimate of $568.79 million. Janus Henderson Group had a net margin of 21.02% and a return on equity of 10.76%. The firm’s revenue was up 13.9% compared to the same quarter last year. During the same quarter last year, the firm posted $0.62 EPS. Analysts predict that Janus Henderson Group plc will post 3.23 earnings per share for the current year.

Janus Henderson Group Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Wednesday, August 28th. Stockholders of record on Monday, August 12th were paid a dividend of $0.39 per share. This represents a $1.56 annualized dividend and a dividend yield of 4.03%. The ex-dividend date of this dividend was Monday, August 12th. Janus Henderson Group’s dividend payout ratio is presently 58.87%.

Wall Street Analysts Forecast Growth

Several analysts have recently issued reports on the stock. Wells Fargo & Company started coverage on shares of Janus Henderson Group in a research report on Thursday, September 12th. They set an “equal weight” rating and a $37.00 target price on the stock. StockNews.com lowered Janus Henderson Group from a “buy” rating to a “hold” rating in a research note on Friday, August 16th. UBS Group upgraded Janus Henderson Group from a “sell” rating to a “neutral” rating and lifted their target price for the stock from $33.00 to $37.00 in a report on Monday, September 9th. TD Cowen increased their price target on Janus Henderson Group from $37.00 to $38.00 and gave the company a “buy” rating in a report on Monday, July 8th. Finally, Deutsche Bank Aktiengesellschaft raised their price target on Janus Henderson Group from $36.00 to $37.00 and gave the stock a “hold” rating in a research report on Thursday, August 15th. One investment analyst has rated the stock with a sell rating, seven have assigned a hold rating and two have issued a buy rating to the company. Based on data from MarketBeat, Janus Henderson Group has an average rating of “Hold” and a consensus price target of $33.33.

Insider Activity at Janus Henderson Group

In other news, major shareholder Henderson Group Plc Janus acquired 28,326 shares of Janus Henderson Group stock in a transaction on Friday, July 5th. The shares were bought at an average cost of $3.43 per share, for a total transaction of $97,158.18. Following the acquisition, the insider now directly owns 1,676,903 shares of the company’s stock, valued at approximately $5,751,777.29. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. In other Janus Henderson Group news, major shareholder Henderson Group Plc Janus acquired 28,326 shares of the stock in a transaction that occurred on Friday, July 5th. The stock was bought at an average cost of $3.43 per share, with a total value of $97,158.18. Following the completion of the purchase, the insider now directly owns 1,676,903 shares in the company, valued at $5,751,777.29. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, CFO Roger Mj Thompson sold 9,000 shares of the business’s stock in a transaction dated Tuesday, September 10th. The shares were sold at an average price of $35.38, for a total transaction of $318,420.00. Following the completion of the sale, the chief financial officer now owns 139,171 shares of the company’s stock, valued at approximately $4,923,869.98. The disclosure for this sale can be found here. Over the last quarter, insiders bought 492,997 shares of company stock worth $1,667,418 and sold 25,651 shares worth $918,158. 19.60% of the stock is owned by company insiders.

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.