Mirae Asset Global Investments Co. Ltd. Boosts Holdings in Janus Henderson Group plc (NYSE:JHG)

Mirae Asset Global Investments Co. Ltd. increased its holdings in Janus Henderson Group plc (NYSE:JHG) by 25.1% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 17,902 shares of the company’s stock after purchasing an additional 3,589 shares during the period. Mirae Asset Global Investments Co. Ltd.’s holdings in Janus Henderson Group were worth $540,000 as of its most recent SEC filing.

A number of other large investors also recently added to or reduced their stakes in the business. Silchester International Investors LLP lifted its holdings in Janus Henderson Group by 0.3% in the 3rd quarter. Silchester International Investors LLP now owns 13,974,469 shares of the company’s stock worth $360,821,000 after purchasing an additional 39,900 shares in the last quarter. Vanguard Group Inc. lifted its holdings in Janus Henderson Group by 0.6% in the 3rd quarter. Vanguard Group Inc. now owns 13,540,493 shares of the company’s stock worth $349,616,000 after purchasing an additional 84,307 shares in the last quarter. Charles Schwab Investment Management Inc. lifted its holdings in Janus Henderson Group by 4.7% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 3,428,414 shares of the company’s stock worth $88,522,000 after purchasing an additional 155,037 shares in the last quarter. Principal Financial Group Inc. lifted its holdings in Janus Henderson Group by 2.0% in the 3rd quarter. Principal Financial Group Inc. now owns 1,773,943 shares of the company’s stock worth $45,803,000 after purchasing an additional 34,791 shares in the last quarter. Finally, Invesco Ltd. lifted its holdings in Janus Henderson Group by 33.2% in the 3rd quarter. Invesco Ltd. now owns 690,723 shares of the company’s stock worth $17,834,000 after purchasing an additional 172,211 shares in the last quarter. 87.94% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling at Janus Henderson Group

In other Janus Henderson Group news, CAO Brennan A. Hughes sold 1,812 shares of the company’s stock in a transaction on Wednesday, March 6th. The stock was sold at an average price of $32.27, for a total value of $58,473.24. Following the transaction, the chief accounting officer now owns 3,535 shares of the company’s stock, valued at approximately $114,074.45. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. In other Janus Henderson Group news, CAO Brennan A. Hughes sold 1,812 shares of the company’s stock in a transaction on Wednesday, March 6th. The stock was sold at an average price of $32.27, for a total value of $58,473.24. Following the transaction, the chief accounting officer now owns 3,535 shares of the company’s stock, valued at approximately $114,074.45. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CFO Roger Mj Thompson sold 30,656 shares of the company’s stock in a transaction on Wednesday, February 28th. The shares were sold at an average price of $30.93, for a total value of $948,190.08. Following the completion of the transaction, the chief financial officer now directly owns 126,439 shares in the company, valued at approximately $3,910,758.27. The disclosure for this sale can be found here. Insiders have sold 70,133 shares of company stock valued at $2,172,459 in the last quarter. 19.60% of the stock is owned by insiders.

Janus Henderson Group Stock Performance

NYSE:JHG opened at $31.28 on Friday. The stock’s fifty day moving average is $31.70 and its 200 day moving average is $28.83. Janus Henderson Group plc has a fifty-two week low of $22.17 and a fifty-two week high of $33.25. The firm has a market capitalization of $5.04 billion, a PE ratio of 13.20, a PEG ratio of 1.53 and a beta of 1.53. The company has a debt-to-equity ratio of 0.07, a quick ratio of 2.76 and a current ratio of 3.89.

Janus Henderson Group (NYSE:JHG) last released its quarterly earnings results on Thursday, February 1st. The company reported $0.82 earnings per share for the quarter, beating the consensus estimate of $0.56 by $0.26. The company had revenue of $568.50 million for the quarter, compared to analyst estimates of $520.26 million. Janus Henderson Group had a return on equity of 9.46% and a net margin of 18.39%. Janus Henderson Group’s quarterly revenue was up 10.3% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.61 EPS. On average, sell-side analysts anticipate that Janus Henderson Group plc will post 2.8 earnings per share for the current year.

Janus Henderson Group Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, February 28th. Shareholders of record on Monday, February 12th were given a $0.39 dividend. This represents a $1.56 annualized dividend and a yield of 4.99%. The ex-dividend date was Friday, February 9th. Janus Henderson Group’s dividend payout ratio (DPR) is presently 65.82%.

Wall Street Analysts Forecast Growth

Several brokerages have recently issued reports on JHG. StockNews.com raised Janus Henderson Group from a “hold” rating to a “buy” rating in a report on Thursday, February 29th. The Goldman Sachs Group upped their price objective on Janus Henderson Group from $29.00 to $32.00 and gave the stock a “sell” rating in a report on Tuesday, April 2nd. JPMorgan Chase & Co. upped their price objective on Janus Henderson Group from $31.00 to $35.00 and gave the stock a “neutral” rating in a report on Tuesday. Morgan Stanley upped their price objective on Janus Henderson Group from $30.00 to $33.00 and gave the stock an “equal weight” rating in a report on Wednesday, April 17th. Finally, TD Cowen began coverage on Janus Henderson Group in a report on Thursday, January 4th. They set a “market perform” rating and a $30.00 price objective on the stock. Two analysts have rated the stock with a sell rating, six have issued a hold rating and two have given a buy rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Hold” and a consensus price target of $28.83.

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.