SG Americas Securities LLC Raises Position in Janus Henderson Group plc (NYSE:JHG)

SG Americas Securities LLC grew its position in shares of Janus Henderson Group plc (NYSE:JHG) by 9.7% during the second quarter, according to its most recent filing with the SEC. The firm owned 20,579 shares of the company’s stock after acquiring an additional 1,828 shares during the period. SG Americas Securities LLC’s holdings in Janus Henderson Group were worth $694,000 at the end of the most recent quarter.

Several other institutional investors have also recently made changes to their positions in JHG. Quadrature Capital Ltd purchased a new stake in Janus Henderson Group in the fourth quarter worth $834,000. CHURCHILL MANAGEMENT Corp purchased a new stake in shares of Janus Henderson Group in the 1st quarter worth about $6,793,000. Duality Advisers LP bought a new position in shares of Janus Henderson Group in the 1st quarter worth about $2,741,000. Mirae Asset Global Investments Co. Ltd. increased its stake in shares of Janus Henderson Group by 163.0% during the first quarter. Mirae Asset Global Investments Co. Ltd. now owns 47,083 shares of the company’s stock valued at $1,549,000 after purchasing an additional 29,181 shares in the last quarter. Finally, Russell Investments Group Ltd. lifted its holdings in shares of Janus Henderson Group by 77.7% during the first quarter. Russell Investments Group Ltd. now owns 251,853 shares of the company’s stock valued at $8,283,000 after purchasing an additional 110,136 shares during the last quarter. Institutional investors own 87.94% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research analysts recently weighed in on JHG shares. UBS Group raised their price objective on Janus Henderson Group from $30.00 to $31.00 and gave the company a “sell” rating in a research report on Wednesday, July 10th. 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. JPMorgan Chase & Co. upped their price objective 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 Janus Henderson Group from a “buy” rating to a “hold” rating in a report on Friday. Finally, TD Cowen upped their price target on Janus Henderson Group from $37.00 to $38.00 and gave the company a “buy” rating in a report on Monday, July 8th. Two investment analysts have rated the stock with a sell rating, five have issued a hold rating and two have assigned a buy rating to the company. Based on data from MarketBeat, the company has an average rating of “Hold” and an average target price of $32.26.

Insider Transactions at Janus Henderson Group

In related news, major shareholder Henderson Group Plc Janus bought 166,042 shares of the firm’s stock in a transaction that occurred on Wednesday, July 3rd. The shares were bought at an average cost of $3.55 per share, with a total value of $589,449.10. Following the acquisition, the insider now owns 1,648,577 shares in the company, valued at $5,852,448.35. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Insiders have acquired 487,179 shares of company stock worth $1,650,371 in the last 90 days. 19.60% of the stock is currently owned by insiders.

Janus Henderson Group Stock Performance

Shares of JHG opened at $36.34 on Monday. Janus Henderson Group plc has a one year low of $22.17 and a one year high of $39.11. The business has a fifty day moving average of $34.72 and a 200 day moving average of $32.98. The company has a debt-to-equity ratio of 0.07, a current ratio of 4.05 and a quick ratio of 2.67. The firm has a market capitalization of $5.79 billion, a P/E ratio of 13.71, a PEG ratio of 0.70 and a beta of 1.51.

Janus Henderson Group (NYSE:JHG) last released its quarterly earnings results on Thursday, August 1st. The company reported $0.85 EPS for the quarter, beating the consensus estimate of $0.74 by $0.11. Janus Henderson Group had a net margin of 21.02% and a return on equity of 10.76%. The firm had revenue of $588.40 million during the quarter, compared to analyst estimates of $568.79 million. During the same quarter in the prior year, the firm earned $0.62 EPS. The business’s revenue for the quarter was up 13.9% compared to the same quarter last year. As a group, sell-side analysts anticipate that Janus Henderson Group plc will post 3.23 EPS for the current year.

Janus Henderson Group Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, August 28th. Shareholders of record on Monday, August 12th will be given a $0.39 dividend. The ex-dividend date of this dividend is Monday, August 12th. This represents a $1.56 annualized dividend and a yield of 4.29%. Janus Henderson Group’s payout ratio is presently 58.87%.

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.