Profit Investment Management LLC Has $2.07 Million Stake in Janus Henderson Group plc $JHG

Profit Investment Management LLC lessened its stake in shares of Janus Henderson Group plc (NYSE:JHG) by 35.7% in the third quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 46,429 shares of the company’s stock after selling 25,832 shares during the quarter. Janus Henderson Group makes up approximately 2.6% of Profit Investment Management LLC’s portfolio, making the stock its 9th biggest position. Profit Investment Management LLC’s holdings in Janus Henderson Group were worth $2,067,000 at the end of the most recent reporting period.

A number of other institutional investors also recently modified their holdings of the company. Flputnam Investment Management Co. grew its position in shares of Janus Henderson Group by 2.4% in the 3rd quarter. Flputnam Investment Management Co. now owns 40,892 shares of the company’s stock worth $1,820,000 after buying an additional 956 shares during the last quarter. Country Club Bank purchased a new stake in shares of Janus Henderson Group in the 3rd quarter worth approximately $227,000. Aaron Wealth Advisors LLC increased its holdings in shares of Janus Henderson Group by 118.8% during the third quarter. Aaron Wealth Advisors LLC now owns 11,841 shares of the company’s stock valued at $527,000 after acquiring an additional 6,429 shares in the last quarter. GAMMA Investing LLC increased its stake in Janus Henderson Group by 17.7% during the 3rd quarter. GAMMA Investing LLC now owns 4,107 shares of the company’s stock valued at $183,000 after purchasing an additional 619 shares in the last quarter. Finally, Osaic Holdings Inc. increased its position in shares of Janus Henderson Group by 1,250.4% during the second quarter. Osaic Holdings Inc. now owns 121,819 shares of the company’s stock valued at $4,429,000 after acquiring an additional 112,798 shares in the last quarter. 87.94% of the stock is currently owned by hedge funds and other institutional investors.

Janus Henderson Group Stock Performance

Janus Henderson Group stock opened at $46.08 on Monday. The company has a debt-to-equity ratio of 0.08, a current ratio of 4.02 and a quick ratio of 2.15. The company’s 50-day moving average is $43.69 and its 200 day moving average is $42.66. Janus Henderson Group plc has a 1-year low of $28.26 and a 1-year high of $49.42. The firm has a market capitalization of $7.12 billion, a P/E ratio of 13.51, a price-to-earnings-growth ratio of 0.81 and a beta of 1.57.

Janus Henderson Group (NYSE:JHG) last posted its quarterly earnings data on Thursday, October 30th. The company reported $1.09 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.01 by $0.08. Janus Henderson Group had a return on equity of 12.35% and a net margin of 19.82%.The company had revenue of $700.40 million during the quarter, compared to analysts’ expectations of $695.57 million. During the same quarter in the previous year, the business earned $0.91 EPS. Janus Henderson Group’s revenue was up 12.1% compared to the same quarter last year. Research analysts forecast that Janus Henderson Group plc will post 3.75 EPS for the current year.

Janus Henderson Group Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, November 26th. Stockholders of record on Monday, November 10th were paid a dividend of $0.40 per share. This represents a $1.60 annualized dividend and a dividend yield of 3.5%. The ex-dividend date of this dividend was Monday, November 10th. Janus Henderson Group’s payout ratio is currently 46.92%.

Wall Street Analyst Weigh In

A number of research firms recently commented on JHG. Evercore ISI reiterated a “positive” rating on shares of Janus Henderson Group in a research report on Friday, October 31st. Wall Street Zen raised shares of Janus Henderson Group from a “hold” rating to a “buy” rating in a report on Saturday. Zacks Research downgraded Janus Henderson Group from a “strong-buy” rating to a “hold” rating in a research note on Monday, December 8th. 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 report on Friday, October 31st. Finally, Morgan Stanley boosted their price target on Janus Henderson Group from $46.00 to $48.00 and gave the stock an “equal weight” rating in a report on Wednesday. One equities research analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating and four have given a Hold rating to the stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $48.56.

Janus Henderson Group Company Profile

Janus Henderson Group plc is a global asset manager offering a broad range of investment solutions across equities, fixed income, multi-asset and alternative strategies. The firm provides portfolio management services to institutional clients, financial intermediaries and individual investors. Its product lineup includes actively managed mutual funds, separate accounts and exchange-traded funds, designed to meet a variety of risk-return objectives and investment horizons.

The company was formed in May 2017 through the merger of Janus Capital Group and Henderson Group, combining decades of investment expertise in both the U.S.