MML Investors Services LLC Purchases 6,018 Shares of Janus Henderson Group plc (NYSE:JHG)

MML Investors Services LLC lifted its position in shares of Janus Henderson Group plc (NYSE:JHG) by 56.3% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 16,714 shares of the company’s stock after buying an additional 6,018 shares during the quarter. MML Investors Services LLC’s holdings in Janus Henderson Group were worth $636,000 at the end of the most recent reporting period.

Other hedge funds have also bought and sold shares of the company. Quarry LP grew its holdings in Janus Henderson Group by 203.6% during the 3rd quarter. Quarry LP now owns 759 shares of the company’s stock worth $29,000 after acquiring an additional 509 shares during the period. Larson Financial Group LLC boosted 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 purchasing an additional 1,000 shares in the last quarter. Huntington National Bank grew its stake in Janus Henderson Group by 24.5% during the third quarter. Huntington National Bank now owns 1,219 shares of the company’s stock worth $46,000 after purchasing an additional 240 shares during the period. Addison Advisors LLC increased its holdings 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 purchasing an additional 642 shares in the last quarter. Finally, Farther Finance Advisors LLC lifted its stake in 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. Institutional investors own 87.94% of the company’s stock.

Janus Henderson Group Price Performance

Shares of NYSE JHG opened at $42.55 on Friday. The stock has a market cap of $6.77 billion, a price-to-earnings ratio of 16.82, a PEG ratio of 0.62 and a beta of 1.48. The company has a debt-to-equity ratio of 0.09, a quick ratio of 2.08 and a current ratio of 3.08. Janus Henderson Group plc has a fifty-two week low of $28.19 and a fifty-two week high of $45.74. The firm’s 50-day simple moving average is $43.07 and its 200 day simple moving average is $38.35.

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

Janus Henderson Group Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Wednesday, November 27th. Stockholders of record on Wednesday, November 27th were paid a $0.39 dividend. The ex-dividend date of this dividend was Wednesday, November 27th. This represents a $1.56 annualized dividend and a dividend yield of 3.67%. Janus Henderson Group’s payout ratio is 61.66%.

Analyst Upgrades and Downgrades

Several analysts have recently commented on JHG shares. Deutsche Bank Aktiengesellschaft raised their price objective on shares of Janus Henderson Group from $42.00 to $44.00 and gave the stock a “hold” rating in a research report on Monday, November 11th. TD Cowen raised their price target on shares of Janus Henderson Group from $46.00 to $50.00 and gave the stock a “buy” rating in a report on Friday, November 1st. Wells Fargo & Company upped their price objective on shares of Janus Henderson Group from $41.00 to $45.00 and gave the company an “equal weight” rating in a report on Thursday, December 12th. Morgan Stanley increased their price objective on shares of Janus Henderson Group from $46.00 to $48.00 and gave the stock an “equal weight” rating in a research report on Friday. Finally, Evercore ISI boosted their target price on Janus Henderson Group from $40.00 to $43.00 and gave the company an “in-line” rating in a research report on Thursday, November 7th. One research analyst has rated the stock with a sell rating, seven have assigned a hold rating and one has given a buy rating to the company. According to MarketBeat.com, Janus Henderson Group currently has a consensus rating of “Hold” and a consensus price target of $43.38.

Janus Henderson Group 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.