D.A. Davidson & CO. Purchases 566 Shares of Janus Henderson Group plc (NYSE:JHG)

D.A. Davidson & CO. raised its position in shares of Janus Henderson Group plc (NYSE:JHG) by 2.7% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 21,266 shares of the company’s stock after acquiring an additional 566 shares during the period. D.A. Davidson & CO.’s holdings in Janus Henderson Group were worth $810,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently made changes to their positions in JHG. Price T Rowe Associates Inc. MD boosted its stake in Janus Henderson Group by 177.0% during the 1st quarter. Price T Rowe Associates Inc. MD now owns 208,686 shares of the company’s stock valued at $6,865,000 after purchasing an additional 133,356 shares during the period. Jane Street Group LLC grew its stake in shares of Janus Henderson Group by 536.7% in the first quarter. Jane Street Group LLC now owns 151,875 shares of the company’s stock worth $4,995,000 after acquiring an additional 128,021 shares during the last quarter. Cetera Advisors LLC grew its stake in shares of Janus Henderson Group by 140.8% in the first quarter. Cetera Advisors LLC now owns 16,510 shares of the company’s stock worth $543,000 after acquiring an additional 9,655 shares during the last quarter. GAMMA Investing LLC increased its position in Janus Henderson Group by 159.6% during the second quarter. GAMMA Investing LLC now owns 2,440 shares of the company’s stock worth $82,000 after acquiring an additional 1,500 shares during the period. Finally, Versant Capital Management Inc acquired a new position in Janus Henderson Group during the 2nd quarter valued at $34,000. 87.94% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling

In related news, CFO Roger Mj Thompson sold 9,000 shares of the company’s stock in a transaction dated Thursday, September 12th. The shares were sold at an average price of $35.60, for a total transaction of $320,400.00. Following the transaction, the chief financial officer now owns 130,171 shares in the company, valued at $4,634,087.60. This represents a 6.47 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. 19.60% of the stock is owned by corporate insiders.

Wall Street Analyst Weigh In

Several research firms have issued reports on JHG. 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 research report on Friday, November 1st. Evercore ISI lifted 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. Deutsche Bank Aktiengesellschaft upped their price target on Janus Henderson Group from $42.00 to $44.00 and gave the company a “hold” rating in a report on Monday, November 11th. 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. Finally, Wells Fargo & Company upped their target price on Janus Henderson Group from $37.00 to $38.00 and gave the company an “equal weight” rating in a research note on Wednesday, October 9th. One research analyst has rated the stock with a sell rating, seven have issued a hold rating and one has assigned a buy rating to the company’s stock. According to MarketBeat, Janus Henderson Group presently has a consensus rating of “Hold” and an average target price of $41.75.

Janus Henderson Group Stock Performance

Janus Henderson Group stock opened at $44.87 on Tuesday. The firm has a market capitalization of $7.13 billion, a P/E ratio of 17.74, a P/E/G ratio of 0.59 and a beta of 1.49. The stock has a fifty day moving average price of $41.59 and a two-hundred day moving average price of $37.41. Janus Henderson Group plc has a 52-week low of $26.30 and a 52-week high of $45.74. The company has a debt-to-equity ratio of 0.09, a current ratio of 3.08 and a quick ratio of 2.08.

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 business had revenue of $624.80 million during the quarter, compared to analysts’ expectations of $600.88 million. Janus Henderson Group had a net margin of 17.33% and a return on equity of 11.49%. The firm’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. As a group, analysts anticipate that Janus Henderson Group plc will post 3.43 EPS for the current fiscal year.

Janus Henderson Group Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, November 27th. Investors of record on Wednesday, November 27th were given a dividend of $0.39 per share. The ex-dividend date of this dividend was Wednesday, November 27th. This represents a $1.56 dividend on an annualized basis and a yield of 3.48%. Janus Henderson Group’s dividend payout ratio (DPR) is presently 61.66%.

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.