Kestra Investment Management LLC Makes New Investment in Janus Henderson Group plc (NYSE:JHG)

Kestra Investment Management LLC acquired a new stake in Janus Henderson Group plc (NYSE:JHG) in the third quarter, Holdings Channel.com reports. The firm acquired 11,053 shares of the company’s stock, valued at approximately $421,000.

A number of other institutional investors and hedge funds have also made changes to their positions in JHG. Millennium Management LLC raised its position in shares of 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 last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its holdings in shares of Janus Henderson Group by 350.9% during the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 1,062,869 shares of the company’s stock valued at $40,463,000 after acquiring an additional 827,132 shares during the last quarter. AQR Capital Management LLC lifted its position in shares of Janus Henderson Group by 64.5% in the second quarter. AQR Capital Management LLC now owns 1,206,684 shares of the company’s stock valued at $40,677,000 after acquiring an additional 473,308 shares in the last quarter. Principal Financial Group Inc. lifted its position in shares of Janus Henderson Group by 28.9% in the third quarter. Principal Financial Group Inc. now owns 2,081,630 shares of the company’s stock valued at $79,248,000 after acquiring an additional 467,049 shares in the last quarter. Finally, Dimensional Fund Advisors LP boosted its stake in shares of Janus Henderson Group by 4.4% in the second quarter. Dimensional Fund Advisors LP now owns 8,090,743 shares of the company’s stock worth $272,741,000 after acquiring an additional 344,582 shares during the last quarter. 87.94% of the stock is currently owned by hedge funds and other institutional investors.

Janus Henderson Group Stock Performance

NYSE:JHG opened at $44.87 on Tuesday. The company’s 50-day moving average is $41.59 and its two-hundred day moving average is $37.41. Janus Henderson Group plc has a 1-year low of $26.30 and a 1-year 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. The firm has a market capitalization of $7.13 billion, a price-to-earnings ratio of 17.74, a PEG ratio of 0.59 and a beta of 1.49.

Janus Henderson Group (NYSE:JHG) last released its quarterly earnings data on Thursday, October 31st. The company reported $0.91 EPS for the quarter, beating analysts’ consensus estimates of $0.80 by $0.11. The firm had revenue of $624.80 million for the quarter, compared to analysts’ expectations 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 quarterly revenue was up 19.9% on a year-over-year basis. During the same period in the prior year, the firm posted $0.64 earnings per share. Analysts forecast that Janus Henderson Group plc will post 3.43 EPS for the current year.

Janus Henderson Group Announces Dividend

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

Insider Transactions at Janus Henderson Group

In other news, CFO Roger Mj Thompson sold 9,000 shares of the company’s stock in a transaction that occurred 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 transaction, the chief financial officer now directly owns 130,171 shares in the company, valued at approximately $4,634,087.60. This represents a 6.47 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Company insiders own 20.00% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of brokerages have weighed in on JHG. Evercore ISI raised their price objective on Janus Henderson Group from $40.00 to $43.00 and gave the company an “in-line” rating in a report on Thursday, November 7th. Morgan Stanley raised their price target on shares of 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. UBS Group upped their price objective on shares of Janus Henderson Group from $37.00 to $41.00 and gave the company a “neutral” rating in a research note on Tuesday, October 22nd. TD Cowen increased their price objective on shares of Janus Henderson Group from $46.00 to $50.00 and gave the company a “buy” rating in a report on Friday, November 1st. Finally, StockNews.com cut Janus Henderson Group from a “buy” rating to a “hold” rating in a report on Friday, August 16th. One research analyst has rated the stock with a sell rating, seven have assigned a hold rating and one has assigned a buy rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Hold” and a consensus target price of $41.75.

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.