Allspring Global Investments Holdings LLC Grows Position in Janus Henderson Group plc (NYSE:JHG)

Allspring Global Investments Holdings LLC lifted its position in shares of Janus Henderson Group plc (NYSE:JHG) by 339.4% during the third quarter, Holdings Channel.com reports. The firm owned 3,902 shares of the company’s stock after acquiring an additional 3,014 shares during the period. Allspring Global Investments Holdings LLC’s holdings in Janus Henderson Group were worth $149,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors also recently bought and sold shares of JHG. Vanguard Group Inc. lifted its holdings in Janus Henderson Group by 0.5% in the 1st quarter. Vanguard Group Inc. now owns 13,652,673 shares of the company’s stock valued at $449,036,000 after purchasing an additional 71,753 shares in the last quarter. Capital Research Global Investors increased its stake in shares of 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 worth $290,456,000 after buying an additional 103,341 shares during the period. Dimensional Fund Advisors LP lifted its position in shares of Janus Henderson Group by 4.4% during the 2nd quarter. Dimensional Fund Advisors LP now owns 8,090,743 shares of the company’s stock worth $272,741,000 after buying an additional 344,582 shares during the last quarter. Millennium Management LLC boosted its stake in Janus Henderson Group by 43.5% during the 2nd quarter. Millennium Management LLC now owns 5,968,705 shares of the company’s stock worth $201,205,000 after purchasing an additional 1,809,249 shares during the period. Finally, Ariel Investments LLC increased its holdings in shares of Janus Henderson Group by 0.7% in the second quarter. Ariel Investments LLC now owns 2,256,434 shares of the company’s stock valued at $76,064,000 after purchasing an additional 16,653 shares during the period. Institutional investors and hedge funds own 87.94% of the company’s stock.

Janus Henderson Group Stock Up 0.8 %

JHG opened at $41.65 on Monday. Janus Henderson Group plc has a twelve month low of $23.98 and a twelve month high of $42.46. The firm’s 50-day simple moving average is $38.39 and its 200-day simple moving average is $35.60. The company has a debt-to-equity ratio of 0.15, a quick ratio of 2.67 and a current ratio of 4.05. The firm has a market cap of $6.63 billion, a price-to-earnings ratio of 16.46, a PEG ratio of 0.79 and a beta of 1.49.

Janus Henderson Group (NYSE:JHG) last announced its earnings results on Thursday, October 31st. The company reported $0.91 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.80 by $0.11. The company had revenue of $624.80 million for the quarter, compared to analyst estimates of $600.88 million. Janus Henderson Group had a net margin of 17.33% and a return on equity of 11.49%. Janus Henderson Group’s quarterly revenue was up 19.9% on a year-over-year basis. During the same period in the prior year, the business earned $0.64 earnings per share. Equities research analysts anticipate that Janus Henderson Group plc will post 3.28 EPS for the current fiscal year.

Janus Henderson Group Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Wednesday, November 27th. Stockholders of record on Wednesday, November 27th will be given a dividend of $0.39 per share. The ex-dividend date is Wednesday, November 27th. This represents a $1.56 annualized dividend and a dividend yield of 3.75%. Janus Henderson Group’s payout ratio is currently 61.66%.

Insider Transactions at Janus Henderson Group

In other Janus Henderson Group news, CAO Michelle Rosenberg sold 7,651 shares of Janus Henderson Group stock in a transaction that occurred 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 transaction, the chief accounting officer now owns 89,048 shares of the company’s stock, valued at approximately $3,251,142.48. The trade was a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. In related news, CFO Roger Mj Thompson sold 9,000 shares of the firm’s stock in a transaction on Thursday, September 12th. The shares were sold at an average price of $35.60, for a total value of $320,400.00. Following the completion of the transaction, the chief financial officer now directly owns 130,171 shares of the company’s stock, valued at approximately $4,634,087.60. This trade represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CAO Michelle Rosenberg sold 7,651 shares of the firm’s stock in a transaction dated Monday, August 19th. The shares were sold at an average price of $36.51, for a total transaction of $279,338.01. Following the completion of the sale, the chief accounting officer now owns 89,048 shares of the company’s stock, valued at $3,251,142.48. This trade represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 25,651 shares of company stock valued at $918,158 over the last three months. 19.60% of the stock is currently owned by corporate insiders.

Analyst Upgrades and Downgrades

A number of equities analysts have recently weighed in on JHG shares. The Goldman Sachs Group upped their price target on shares of Janus Henderson Group from $36.00 to $37.00 and gave the stock a “sell” rating in a research note on Thursday, October 3rd. JPMorgan Chase & Co. boosted their target price on shares of Janus Henderson Group from $38.00 to $39.00 and gave the stock a “neutral” rating in a research report on Friday, August 2nd. Morgan Stanley raised their price objective on Janus Henderson Group from $39.00 to $42.00 and gave the stock an “equal weight” rating in a research note on Friday, October 18th. Deutsche Bank Aktiengesellschaft upped their price target on shares of Janus Henderson Group from $40.00 to $42.00 and gave the stock a “hold” rating in a research note on Friday. Finally, Wells Fargo & Company lifted their price target on Janus Henderson Group from $37.00 to $38.00 and gave the company an “equal weight” rating in a report on Wednesday, October 9th. One investment analyst has rated the stock with a sell rating, seven have issued a hold rating and two have assigned a buy rating to the stock. According to MarketBeat.com, Janus Henderson Group currently has an average rating of “Hold” and an average price target of $40.75.

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.