Acadian Asset Management LLC Has $97,000 Stock Position in Janus Henderson Group plc (NYSE:JHG)

Acadian Asset Management LLC raised its position in Janus Henderson Group plc (NYSE:JHG) by 94.5% in the second quarter, according to its most recent disclosure with the SEC. The firm owned 2,904 shares of the company’s stock after acquiring an additional 1,411 shares during the period. Acadian Asset Management LLC’s holdings in Janus Henderson Group were worth $97,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also recently modified their holdings of the company. Victory Capital Management Inc. grew its holdings in shares of Janus Henderson Group by 27.4% during the fourth quarter. Victory Capital Management Inc. now owns 15,137 shares of the company’s stock valued at $456,000 after buying an additional 3,255 shares during the last quarter. Norges Bank bought a new position in Janus Henderson Group in the 4th quarter valued at about $20,791,000. Trexquant Investment LP boosted its stake in Janus Henderson Group by 197.5% during the 4th quarter. Trexquant Investment LP now owns 100,539 shares of the company’s stock valued at $3,031,000 after purchasing an additional 66,750 shares during the last quarter. Assetmark Inc. increased its holdings in Janus Henderson Group by 18.2% during the 4th quarter. Assetmark Inc. now owns 5,208 shares of the company’s stock worth $157,000 after purchasing an additional 802 shares in the last quarter. Finally, EverSource Wealth Advisors LLC raised its stake in shares of Janus Henderson Group by 39.7% in the fourth quarter. EverSource Wealth Advisors LLC now owns 1,299 shares of the company’s stock worth $39,000 after purchasing an additional 369 shares during the last quarter. Institutional investors own 87.94% of the company’s stock.

Janus Henderson Group Trading Up 0.2 %

NYSE:JHG opened at $38.19 on Friday. Janus Henderson Group plc has a 12 month low of $22.17 and a 12 month 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’s 50 day moving average is $36.20 and its 200 day moving average is $34.01. The stock has a market capitalization of $6.13 billion, a PE ratio of 14.41, a price-to-earnings-growth ratio of 0.74 and a beta of 1.51.

Janus Henderson Group (NYSE:JHG) last issued its earnings results on Thursday, August 1st. The company reported $0.85 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.74 by $0.11. The firm had revenue of $588.40 million for the quarter, compared to analyst estimates of $568.79 million. Janus Henderson Group had a return on equity of 10.76% and a net margin of 21.02%. The business’s revenue was up 13.9% on a year-over-year basis. During the same period in the previous year, the company posted $0.62 earnings per share. Sell-side analysts expect that Janus Henderson Group plc will post 3.23 earnings per share for the current year.

Janus Henderson Group Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Wednesday, August 28th. Shareholders of record on Monday, August 12th were given 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 is presently 58.87%.

Analysts Set New Price Targets

Several brokerages recently issued reports on JHG. JPMorgan Chase & Co. lifted their target price on Janus Henderson Group from $38.00 to $39.00 and gave the company a “neutral” rating in a research report on Friday, August 2nd. StockNews.com lowered shares of Janus Henderson Group from a “buy” rating to a “hold” rating in a research note on Friday, August 16th. Deutsche Bank Aktiengesellschaft raised their price target on shares of 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 shares of Janus Henderson Group from a “sell” rating to a “neutral” rating and upped their price objective for the stock from $33.00 to $37.00 in a research report on Monday, September 9th. Finally, Wells Fargo & Company assumed coverage on Janus Henderson Group in a research note on Thursday, September 12th. They issued an “equal weight” rating and a $37.00 target price on the stock. One analyst has rated the stock with a sell rating, seven have given a hold rating and two have given a buy rating to the company. According to MarketBeat, the company presently has a consensus rating of “Hold” and a consensus target price of $33.33.

Insider Transactions at Janus Henderson Group

In related news, CAO Michelle Rosenberg sold 7,651 shares of the company’s stock in a transaction that occurred on Monday, August 19th. The shares were sold at an average price of $36.51, for a total transaction of $279,338.01. Following the sale, the chief accounting officer now directly owns 89,048 shares in the company, valued at approximately $3,251,142.48. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. In related news, CAO Michelle Rosenberg sold 7,651 shares of the business’s stock in a transaction on Monday, August 19th. The stock was sold at an average price of $36.51, for a total transaction of $279,338.01. Following the sale, the chief accounting officer now directly owns 89,048 shares in the company, valued at approximately $3,251,142.48. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, CFO Roger Mj Thompson sold 9,000 shares of the firm’s stock in a transaction dated Tuesday, September 10th. The stock was sold at an average price of $35.38, for a total value of $318,420.00. Following the completion of the transaction, 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 acquired 492,997 shares of company stock worth $1,667,418 and sold 25,651 shares worth $918,158. Corporate insiders own 19.60% of the company’s stock.

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.