Captrust Financial Advisors Purchases New Holdings in Janus Henderson Group plc (NYSE:JHG)

Captrust Financial Advisors purchased a new position in shares of Janus Henderson Group plc (NYSE:JHG) during the third quarter, Holdings Channel reports. The institutional investor purchased 8,094 shares of the company’s stock, valued at approximately $308,000.

Several other hedge funds and other institutional investors have also bought and sold shares of JHG. Larson Financial Group LLC grew its position in shares of Janus Henderson Group by 401.6% during the 2nd quarter. Larson Financial Group LLC now owns 1,249 shares of the company’s stock valued at $42,000 after acquiring an additional 1,000 shares during the period. Huntington National Bank lifted its stake in Janus Henderson Group by 24.5% in the third quarter. Huntington National Bank now owns 1,219 shares of the company’s stock valued at $46,000 after purchasing an additional 240 shares during the last quarter. Addison Advisors LLC increased its position in Janus Henderson Group by 103.4% in the third quarter. Addison Advisors LLC now owns 1,263 shares of the company’s stock worth $48,000 after buying an additional 642 shares during the last quarter. Farther Finance Advisors LLC raised its stake in shares of Janus Henderson Group by 70.6% in the third quarter. Farther Finance Advisors LLC now owns 1,390 shares of the company’s stock valued at $53,000 after buying an additional 575 shares during the period. Finally, Abich Financial Wealth Management LLC lifted its position in shares of Janus Henderson Group by 26.5% during the 2nd quarter. Abich Financial Wealth Management LLC now owns 1,797 shares of the company’s stock valued at $61,000 after buying an additional 377 shares during the last quarter. Hedge funds and other institutional investors own 87.94% of the company’s stock.

Wall Street Analyst Weigh In

Several equities research analysts recently weighed in on JHG shares. The Goldman Sachs Group lifted their price objective on Janus Henderson Group from $36.00 to $37.00 and gave the stock a “sell” rating in a report on Thursday, October 3rd. UBS Group boosted their price target on shares of Janus Henderson Group from $37.00 to $41.00 and gave the company a “neutral” rating in a research report on Tuesday, October 22nd. Wells Fargo & Company upped their price target on shares of Janus Henderson Group from $41.00 to $45.00 and gave the company an “equal weight” rating in a research note on Thursday. TD Cowen lifted their price objective on shares of Janus Henderson Group from $46.00 to $50.00 and gave the company a “buy” rating in a research note on Friday, November 1st. Finally, Evercore ISI increased their target price on Janus Henderson Group from $40.00 to $43.00 and gave the stock an “in-line” rating in a research report on Thursday, November 7th. One equities research analyst has rated the stock with a sell rating, seven have given a hold rating and one has given a buy rating to the company’s stock. Based on data from MarketBeat.com, Janus Henderson Group currently has an average rating of “Hold” and a consensus target price of $42.63.

Janus Henderson Group Price Performance

NYSE:JHG opened at $44.06 on Friday. Janus Henderson Group plc has a 52-week low of $28.19 and a 52-week high of $45.74. The stock has a fifty day moving average of $42.69 and a 200 day moving average of $38.02. The company has a debt-to-equity ratio of 0.09, a quick ratio of 2.08 and a current ratio of 3.08. The firm has a market capitalization of $7.01 billion, a price-to-earnings ratio of 17.42, a P/E/G ratio of 0.58 and a beta of 1.48.

Janus Henderson Group (NYSE:JHG) last issued its quarterly earnings results on Thursday, October 31st. The company reported $0.91 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.80 by $0.11. The firm had revenue of $624.80 million during the quarter, compared to the consensus estimate of $600.88 million. Janus Henderson Group had a return on equity of 11.49% and a net margin of 17.33%. The company’s revenue for the quarter was up 19.9% on a year-over-year basis. During the same quarter last year, the company posted $0.64 EPS. On average, research analysts expect that Janus Henderson Group plc will post 3.43 EPS for the current fiscal year.

Janus Henderson Group Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, November 27th. Stockholders of record on Wednesday, November 27th were issued a $0.39 dividend. This represents a $1.56 dividend on an annualized basis and a dividend yield of 3.54%. The ex-dividend date was Wednesday, November 27th. Janus Henderson Group’s payout ratio is 61.66%.

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.