HighTower Advisors LLC Acquires 9,790 Shares of Janus Henderson Group plc (NYSE:JHG)

HighTower Advisors LLC grew its holdings in shares of Janus Henderson Group plc (NYSE:JHG) by 161.9% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 15,836 shares of the company’s stock after buying an additional 9,790 shares during the quarter. HighTower Advisors LLC’s holdings in Janus Henderson Group were worth $598,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in the business. Huntington National Bank increased 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 acquiring an additional 240 shares during the last quarter. Miller Howard Investments Inc. NY raised its holdings in Janus Henderson Group by 2.4% during the 2nd quarter. Miller Howard Investments Inc. NY now owns 11,928 shares of the company’s stock valued at $402,000 after buying an additional 282 shares during the period. Abich Financial Wealth Management LLC lifted its position in Janus Henderson Group by 26.5% in the second quarter. Abich Financial Wealth Management LLC now owns 1,797 shares of the company’s stock worth $61,000 after buying an additional 377 shares during the last quarter. GAMMA Investing LLC lifted its position in Janus Henderson Group by 15.7% in the third quarter. GAMMA Investing LLC now owns 2,822 shares of the company’s stock worth $107,000 after buying an additional 382 shares during the last quarter. Finally, Graypoint LLC boosted its stake in Janus Henderson Group by 4.2% during the second quarter. Graypoint LLC now owns 10,221 shares of the company’s stock worth $345,000 after buying an additional 410 shares during the period. Institutional investors own 87.94% of the company’s stock.

Janus Henderson Group Stock Up 0.3 %

Janus Henderson Group stock opened at $41.70 on Friday. Janus Henderson Group plc has a twelve month low of $28.19 and a twelve month high of $45.74. The business has a fifty day moving average of $43.00 and a two-hundred day moving average of $38.25. The firm has a market cap of $6.63 billion, a P/E ratio of 16.48, a P/E/G ratio of 0.62 and a beta of 1.48. The company has a quick ratio of 2.08, a current ratio of 3.08 and a debt-to-equity ratio of 0.09.

Janus Henderson Group (NYSE:JHG) last issued its quarterly earnings data 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. The company had revenue of $624.80 million for the quarter, compared to the consensus estimate of $600.88 million. Janus Henderson Group had a return on equity of 11.49% and a net margin of 17.33%. The firm’s revenue for the quarter was up 19.9% compared to the same quarter last year. During the same quarter last year, the company earned $0.64 earnings per share. On average, analysts forecast that Janus Henderson Group plc will post 3.43 earnings per share for the current fiscal year.

Janus Henderson Group Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, November 27th. Stockholders of record on Wednesday, November 27th were given a $0.39 dividend. This represents a $1.56 dividend on an annualized basis and a dividend yield of 3.74%. The ex-dividend date of this dividend was Wednesday, November 27th. Janus Henderson Group’s payout ratio is currently 61.66%.

Analyst Upgrades and Downgrades

JHG has been the subject of a number of recent analyst reports. Wells Fargo & Company lifted their price target on shares of Janus Henderson Group from $41.00 to $45.00 and gave the stock an “equal weight” rating in a research note on Thursday, December 12th. 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. Deutsche Bank Aktiengesellschaft upped their target price on Janus Henderson Group from $42.00 to $44.00 and gave the company a “hold” rating in a research note on Monday, November 11th. UBS Group raised their price target on Janus Henderson Group from $37.00 to $41.00 and gave the stock a “neutral” rating in a research note on Tuesday, October 22nd. Finally, Morgan Stanley upped their price objective on Janus Henderson Group from $39.00 to $42.00 and gave the company an “equal weight” rating in a research report on Friday, October 18th. One investment analyst has rated the stock with a sell rating, seven have given a hold rating and one has assigned a buy rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Hold” and a consensus price target of $42.63.

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.