Millennium Management LLC Has $201.21 Million Stock Holdings in Janus Henderson Group plc (NYSE:JHG)

Millennium Management LLC boosted its stake in shares of Janus Henderson Group plc (NYSE:JHG) by 43.5% in the 2nd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 5,968,705 shares of the company’s stock after purchasing an additional 1,809,249 shares during the period. Millennium Management LLC’s holdings in Janus Henderson Group were worth $201,205,000 as of its most recent filing with the SEC.

Several other large investors have also recently bought and sold shares of JHG. Norges Bank acquired a new position in Janus Henderson Group during the fourth quarter valued at approximately $20,791,000. AQR Capital Management LLC lifted its position in shares of Janus Henderson Group by 64.5% in the second quarter. AQR Capital Management LLC now owns 1,206,684 shares of the company’s stock valued at $40,677,000 after buying an additional 473,308 shares during the last quarter. Dimensional Fund Advisors LP lifted its position in shares of Janus Henderson Group by 4.4% in the second quarter. Dimensional Fund Advisors LP now owns 8,090,743 shares of the company’s stock valued at $272,741,000 after buying an additional 344,582 shares during the last quarter. Marshall Wace LLP lifted its position in shares of Janus Henderson Group by 48.7% in the second quarter. Marshall Wace LLP now owns 1,000,823 shares of the company’s stock valued at $33,738,000 after buying an additional 327,819 shares during the last quarter. Finally, Smith Group Asset Management LLC acquired a new stake in shares of Janus Henderson Group in the first quarter valued at approximately $7,190,000. 87.94% of the stock is owned by institutional investors and hedge funds.

Insiders Place Their Bets

In related news, major shareholder Henderson Group Plc Janus acquired 28,326 shares of the stock in a transaction on Friday, July 5th. The shares were purchased at an average price of $3.43 per share, for a total transaction of $97,158.18. Following the purchase, the insider now directly owns 1,676,903 shares in the company, valued at $5,751,777.29. The purchase was disclosed in a legal filing with the SEC, which is available at this hyperlink. In other Janus Henderson Group news, major shareholder Henderson Group Plc Janus purchased 28,326 shares of the firm’s stock in a transaction dated Friday, July 5th. The shares were bought at an average price of $3.43 per share, for a total transaction of $97,158.18. Following the purchase, the insider now owns 1,676,903 shares in the company, valued at approximately $5,751,777.29. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CAO Michelle Rosenberg sold 7,651 shares of Janus Henderson Group stock in a transaction on Monday, August 19th. The shares were sold at an average price of $36.51, for a total value of $279,338.01. Following the completion of the transaction, the chief accounting officer now owns 89,048 shares in the company, valued at approximately $3,251,142.48. The disclosure for this sale can be found here. In the last 90 days, insiders have purchased 492,997 shares of company stock worth $1,667,418 and have sold 25,651 shares worth $918,158. Corporate insiders own 19.60% of the company’s stock.

Janus Henderson Group Price Performance

Shares of NYSE JHG opened at $38.19 on Friday. The business’s 50 day moving average is $36.34 and its 200-day moving average is $34.14. Janus Henderson Group plc has a 1-year low of $22.17 and a 1-year high of $39.11. The company has a current ratio of 4.05, a quick ratio of 2.67 and a debt-to-equity ratio of 0.07. The firm has a market cap of $6.08 billion, a P/E ratio of 14.41, a price-to-earnings-growth ratio of 0.77 and a beta of 1.51.

Janus Henderson Group (NYSE:JHG) last posted its quarterly earnings data on Thursday, August 1st. The company reported $0.85 EPS for the quarter, topping analysts’ consensus estimates of $0.74 by $0.11. Janus Henderson Group had a return on equity of 10.76% and a net margin of 21.02%. The firm had revenue of $588.40 million for the quarter, compared to analyst estimates of $568.79 million. During the same quarter last year, the company earned $0.62 EPS. The company’s revenue was up 13.9% on a year-over-year basis. Equities research 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 disclosed a quarterly dividend, which was paid on Wednesday, August 28th. Shareholders of record on Monday, August 12th were paid a dividend of $0.39 per share. The ex-dividend date was Monday, August 12th. This represents a $1.56 dividend on an annualized basis and a yield of 4.08%. Janus Henderson Group’s dividend payout ratio (DPR) is presently 58.87%.

Analysts Set New Price Targets

A number of research firms have recently issued reports on JHG. Deutsche Bank Aktiengesellschaft raised their price objective on Janus Henderson Group from $36.00 to $37.00 and gave the company a “hold” rating in a research report on Thursday, August 15th. UBS Group raised Janus Henderson Group from a “sell” rating to a “neutral” rating and raised their price objective for the company from $33.00 to $37.00 in a research report on Monday, September 9th. Wells Fargo & Company began coverage on Janus Henderson Group in a research report on Thursday, September 12th. They issued an “equal weight” rating and a $37.00 price objective for the company. TD Cowen raised their price objective on Janus Henderson Group from $37.00 to $38.00 and gave the company a “buy” rating in a research report on Monday, July 8th. Finally, JPMorgan Chase & Co. increased their target price on Janus Henderson Group from $38.00 to $39.00 and gave the stock a “neutral” rating in a research note on Friday, August 2nd. One investment analyst has rated the stock with a sell rating, seven have given a hold rating and two have assigned a buy rating to the company’s stock. According to data from MarketBeat, Janus Henderson Group presently has a consensus rating of “Hold” and an average target price of $33.33.

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.