Chicago Partners Investment Group LLC Takes Position in Janus Henderson Group plc $JHG

Chicago Partners Investment Group LLC acquired a new stake in Janus Henderson Group plc (NYSE:JHG) during the 2nd quarter, Holdings Channel.com reports. The fund acquired 9,157 shares of the company’s stock, valued at approximately $392,000.

Several other large investors have also made changes to their positions in JHG. Brooklyn Investment Group boosted its holdings in shares of Janus Henderson Group by 182.2% in the 1st quarter. Brooklyn Investment Group now owns 920 shares of the company’s stock valued at $33,000 after acquiring an additional 594 shares during the last quarter. Allworth Financial LP boosted its holdings in shares of Janus Henderson Group by 87.9% in the 1st quarter. Allworth Financial LP now owns 1,462 shares of the company’s stock valued at $48,000 after acquiring an additional 684 shares during the last quarter. Fifth Third Bancorp boosted its holdings in shares of Janus Henderson Group by 40.2% in the 2nd quarter. Fifth Third Bancorp now owns 2,167 shares of the company’s stock valued at $84,000 after acquiring an additional 621 shares during the last quarter. UMB Bank n.a. boosted its holdings in shares of Janus Henderson Group by 86.3% in the 2nd 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 last quarter. Finally, Wealthquest Corp purchased a new stake in shares of Janus Henderson Group in the 1st quarter valued at $115,000. 87.94% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of analysts recently issued reports on JHG shares. Morgan Stanley reissued a “positive” rating on shares of Janus Henderson Group in a report on Monday, October 6th. Zacks Research raised shares of Janus Henderson Group from a “hold” rating to a “strong-buy” rating in a report on Monday, October 13th. Evercore ISI increased their price target on shares of Janus Henderson Group from $45.00 to $48.00 and gave the stock an “in-line” rating in a report on Friday, September 5th. Wells Fargo & Company increased their price target on shares of Janus Henderson Group from $37.00 to $44.00 and gave the stock an “equal weight” rating in a report on Friday, July 11th. Finally, Bank of America increased their price target on shares of Janus Henderson Group from $49.00 to $50.00 and gave the stock a “buy” rating in a report on Thursday, October 2nd. Two investment analysts have rated the stock with a Strong Buy rating, seven have assigned a Buy rating and four have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $47.00.

Janus Henderson Group Stock Performance

NYSE:JHG opened at $41.13 on Friday. The company has a debt-to-equity ratio of 0.08, a quick ratio of 3.91 and a current ratio of 4.49. The company has a fifty day moving average of $44.00 and a two-hundred day moving average of $39.81. The stock has a market capitalization of $6.41 billion, a PE ratio of 15.46, a P/E/G ratio of 0.90 and a beta of 1.54. Janus Henderson Group plc has a fifty-two week low of $28.26 and a fifty-two week high of $46.68.

Janus Henderson Group (NYSE:JHG) last issued its earnings results on Thursday, July 31st. The company reported $0.90 EPS for the quarter, beating analysts’ consensus estimates of $0.84 by $0.06. The business had revenue of $633.20 million during the quarter, compared to analysts’ expectations of $614.46 million. Janus Henderson Group had a net margin of 16.06% and a return on equity of 12.01%. The company’s quarterly revenue was up 7.6% compared to the same quarter last year. During the same period in the prior year, the business earned $0.85 earnings per share. As a group, research analysts forecast that Janus Henderson Group plc will post 3.75 earnings per share for the current fiscal year.

Janus Henderson Group Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Thursday, August 28th. Stockholders of record on Monday, August 11th were given a $0.40 dividend. This represents a $1.60 dividend on an annualized basis and a dividend yield of 3.9%. The ex-dividend date was Monday, August 11th. Janus Henderson Group’s dividend payout ratio is 60.15%.

Insider Transactions at Janus Henderson Group

In other news, insider Georgina Fogo sold 69,000 shares of the stock in a transaction dated Monday, August 4th. The shares were sold at an average price of $43.07, for a total value of $2,971,830.00. Following the completion of the sale, the insider directly owned 58,057 shares in the company, valued at $2,500,514.99. This represents a 54.31% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, CFO Roger Mj Thompson sold 27,491 shares of the stock in a transaction dated Thursday, September 11th. The shares were sold at an average price of $45.26, for a total transaction of $1,244,242.66. Following the completion of the sale, the chief financial officer owned 113,097 shares of the company’s stock, valued at $5,118,770.22. This trade represents a 19.55% decrease in their ownership of the stock. The disclosure for this sale can be found here. 19.60% of the stock is owned by corporate insiders.

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.