Ensign Peak Advisors Inc Buys 8,689 Shares of Janus Henderson Group plc $JHG

Ensign Peak Advisors Inc boosted its stake in Janus Henderson Group plc (NYSE:JHG) by 9.3% in the second quarter, HoldingsChannel reports. The firm owned 102,448 shares of the company’s stock after buying an additional 8,689 shares during the period. Ensign Peak Advisors Inc’s holdings in Janus Henderson Group were worth $3,979,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in the stock. Brooklyn Investment Group boosted its position in shares of Janus Henderson Group by 182.2% during the 1st quarter. Brooklyn Investment Group now owns 920 shares of the company’s stock worth $33,000 after purchasing an additional 594 shares in the last quarter. Traub Capital Management LLC acquired a new position in Janus Henderson Group during the 2nd quarter worth approximately $37,000. Fifth Third Bancorp boosted its holdings in Janus Henderson Group by 40.2% in the second quarter. Fifth Third Bancorp now owns 2,167 shares of the company’s stock worth $84,000 after acquiring an additional 621 shares in the last quarter. UMB Bank n.a. grew its stake in Janus Henderson Group by 86.3% in the second quarter. UMB Bank n.a. now owns 2,183 shares of the company’s stock valued at $85,000 after acquiring an additional 1,011 shares during the period. Finally, Allworth Financial LP increased its holdings in shares of Janus Henderson Group by 52.8% during the second quarter. Allworth Financial LP now owns 2,234 shares of the company’s stock valued at $87,000 after acquiring an additional 772 shares in the last quarter. Institutional investors and hedge funds own 87.94% of the company’s stock.

Analyst Ratings Changes

A number of brokerages recently issued reports on JHG. Wall Street Zen upgraded Janus Henderson Group from a “hold” rating to a “buy” rating in a report on Sunday, November 9th. TD Cowen raised their price objective on shares of Janus Henderson Group from $52.00 to $55.00 and gave the company a “buy” rating in a research note on Friday, October 31st. Zacks Research raised shares of Janus Henderson Group from a “hold” rating to a “strong-buy” rating in a research report on Monday, October 13th. BMO Capital Markets began coverage on shares of Janus Henderson Group in a research report on Friday, October 3rd. They issued an “outperform” rating and a $52.00 price target on the stock. Finally, Bank of America lifted their price target on Janus Henderson Group from $49.00 to $50.00 and gave the company a “buy” rating in a research note on Thursday, October 2nd. Two analysts have rated the stock with a Strong Buy rating, eight have given a Buy rating and two have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, Janus Henderson Group presently has a consensus rating of “Buy” and an average target price of $48.11.

Janus Henderson Group Stock Performance

Shares of JHG stock opened at $42.69 on Wednesday. The firm has a 50-day moving average of $43.67 and a 200-day moving average of $41.71. The company has a market cap of $6.59 billion, a P/E ratio of 16.05, a P/E/G ratio of 0.96 and a beta of 1.59. The company has a debt-to-equity ratio of 0.08, a current ratio of 4.49 and a quick ratio of 3.91. Janus Henderson Group plc has a one year low of $28.26 and a one year high of $49.42.

Janus Henderson Group (NYSE:JHG) last released its quarterly earnings results on Thursday, October 30th. The company reported $1.09 earnings per share for the quarter, topping the consensus estimate of $1.01 by $0.08. Janus Henderson Group had a net margin of 16.06% and a return on equity of 12.01%. The business had revenue of $554.80 million for the quarter, compared to analysts’ expectations of $695.57 million. During the same period in the previous year, the company earned $0.91 earnings per share. The firm’s revenue for the quarter was up 12.1% compared to the same quarter last year. Equities research analysts forecast that Janus Henderson Group plc will post 3.75 EPS for the current fiscal year.

Janus Henderson Group Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, November 26th. Stockholders of record on Monday, November 10th will be issued a $0.40 dividend. The ex-dividend date of this dividend is Monday, November 10th. This represents a $1.60 annualized dividend and a dividend yield of 3.7%. Janus Henderson Group’s dividend payout ratio is currently 46.92%.

Insider Activity at Janus Henderson Group

In related news, CFO Roger Mj Thompson sold 27,491 shares of Janus Henderson Group stock in a transaction on Thursday, September 11th. The stock was sold at an average price of $45.26, for a total transaction of $1,244,242.66. Following the sale, the chief financial officer directly owned 113,097 shares in the company, valued at approximately $5,118,770.22. This trade represents a 19.55% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Insiders own 19.60% of the company’s stock.

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.