Creative Planning Purchases 3,628 Shares of Janus Henderson Group plc (NYSE:JHG)

Creative Planning raised its position in Janus Henderson Group plc (NYSE:JHG) by 14.6% during the 2nd quarter, Holdings Channel.com reports. The institutional investor owned 28,524 shares of the company’s stock after buying an additional 3,628 shares during the quarter. Creative Planning’s holdings in Janus Henderson Group were worth $962,000 at the end of the most recent reporting period.

Other hedge funds have also recently bought and sold shares of the company. Versant Capital Management Inc bought a new position in Janus Henderson Group in the 2nd quarter valued at about $34,000. Larson Financial Group LLC increased its holdings in Janus Henderson Group by 401.6% in the 2nd quarter. Larson Financial Group LLC now owns 1,249 shares of the company’s stock valued at $42,000 after buying an additional 1,000 shares during the period. Abich Financial Wealth Management LLC increased its holdings in Janus Henderson Group by 41.9% in the 1st quarter. Abich Financial Wealth Management LLC now owns 1,420 shares of the company’s stock valued at $47,000 after buying an additional 419 shares during the period. GAMMA Investing LLC grew its holdings in shares of Janus Henderson Group by 159.6% during the 2nd quarter. GAMMA Investing LLC now owns 2,440 shares of the company’s stock valued at $82,000 after purchasing an additional 1,500 shares during the last quarter. Finally, Acadian Asset Management LLC grew its holdings in shares of Janus Henderson Group by 94.5% during the 2nd quarter. Acadian Asset Management LLC now owns 2,904 shares of the company’s stock valued at $97,000 after purchasing an additional 1,411 shares during the last quarter. 87.94% of the stock is owned by institutional investors.

Janus Henderson Group Trading Down 0.9 %

JHG opened at $38.80 on Friday. Janus Henderson Group plc has a fifty-two week low of $22.17 and a fifty-two week high of $39.36. The company has a debt-to-equity ratio of 0.07, a current ratio of 4.05 and a quick ratio of 2.67. The firm has a market capitalization of $6.18 billion, a price-to-earnings ratio of 14.64, a PEG ratio of 0.75 and a beta of 1.50. The company’s 50 day moving average price is $36.78 and its two-hundred day moving average price is $34.61.

Janus Henderson Group (NYSE:JHG) last issued its quarterly earnings results on Thursday, August 1st. The company reported $0.85 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.74 by $0.11. The firm 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 company’s revenue for the quarter was up 13.9% on a year-over-year basis. During the same quarter in the previous year, the company earned $0.62 EPS. As a group, research analysts predict that Janus Henderson Group plc will post 3.25 earnings per share for the current year.

Janus Henderson Group Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, August 28th. Stockholders of record on Monday, August 12th were given a $0.39 dividend. The ex-dividend date of this dividend was Monday, August 12th. This represents a $1.56 dividend on an annualized basis and a dividend yield of 4.02%. Janus Henderson Group’s dividend payout ratio (DPR) is currently 58.87%.

Insider Transactions at Janus Henderson Group

In other news, major shareholder Henderson Group Plc Janus purchased 189,856 shares of the company’s stock in a transaction dated Wednesday, July 24th. The shares were purchased at an average price of $3.20 per share, for a total transaction of $607,539.20. Following the transaction, the insider now owns 2,081,168 shares of the company’s stock, valued at approximately $6,659,737.60. This trade represents a 0.00 % increase in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. In related news, CFO Roger Mj Thompson sold 9,000 shares of the business’s stock in a transaction on Tuesday, September 10th. The shares were sold at an average price of $35.38, for a total transaction of $318,420.00. Following the transaction, the chief financial officer now owns 139,171 shares in the company, valued at $4,923,869.98. The trade was a 0.00 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, major shareholder Henderson Group Plc Janus bought 189,856 shares of the company’s stock in a transaction that occurred on Wednesday, July 24th. The shares were bought at an average price of $3.20 per share, for a total transaction of $607,539.20. Following the transaction, the insider now directly owns 2,081,168 shares in the company, valued at $6,659,737.60. This trade represents a 0.00 % increase in their ownership of the stock. The disclosure for this purchase can be found here. In the last 90 days, insiders have sold 25,651 shares of company stock worth $918,158. Company insiders own 19.60% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities research analysts recently issued reports on the stock. TD Cowen lifted their price target on shares of Janus Henderson Group from $37.00 to $38.00 and gave the company a “buy” rating in a report on Monday, July 8th. JPMorgan Chase & Co. lifted their price target on shares of Janus Henderson Group from $38.00 to $39.00 and gave the company a “neutral” rating in a report on Friday, August 2nd. Deutsche Bank Aktiengesellschaft lifted their price target on shares of Janus Henderson Group from $36.00 to $37.00 and gave the company a “hold” rating in a report on Thursday, August 15th. Evercore ISI lifted their price target on shares of Janus Henderson Group from $36.00 to $37.00 and gave the company an “in-line” rating in a report on Friday, October 4th. Finally, Wells Fargo & Company lifted their price target on shares of Janus Henderson Group from $37.00 to $38.00 and gave the company an “equal weight” rating in a report on Wednesday. One 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. According to MarketBeat.com, the company currently has an average rating of “Hold” and a consensus price target of $37.00.

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.