Voleon Capital Management LP Takes Position in Janus Henderson Group plc $JHG

Voleon Capital Management LP bought a new position in shares of Janus Henderson Group plc (NYSE:JHG) during the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 10,935 shares of the company’s stock, valued at approximately $395,000.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Brooklyn Investment Group raised its holdings in 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 in the last quarter. UMB Bank n.a. raised its stake in shares of Janus Henderson Group by 48.9% in the first quarter. UMB Bank n.a. now owns 1,172 shares of the company’s stock valued at $42,000 after purchasing an additional 385 shares in the last quarter. Allworth Financial LP lifted its position in Janus Henderson Group by 87.9% in the first quarter. Allworth Financial LP now owns 1,462 shares of the company’s stock worth $48,000 after purchasing an additional 684 shares during the period. Farther Finance Advisors LLC boosted its stake in Janus Henderson Group by 82.3% during the first quarter. Farther Finance Advisors LLC now owns 2,299 shares of the company’s stock worth $83,000 after buying an additional 1,038 shares in the last quarter. Finally, Wealthquest Corp acquired a new stake in Janus Henderson Group during the first quarter worth $115,000. 87.94% of the stock is currently owned by institutional investors.

Janus Henderson Group Stock Performance

NYSE JHG opened at $44.32 on Wednesday. Janus Henderson Group plc has a 1-year low of $28.26 and a 1-year high of $46.68. The company has a 50 day moving average of $42.77 and a 200-day moving average of $38.40. The company has a current ratio of 4.49, a quick ratio of 3.91 and a debt-to-equity ratio of 0.08. The firm has a market cap of $6.91 billion, a price-to-earnings ratio of 16.66, a PEG ratio of 1.07 and a beta of 1.51.

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

Janus Henderson Group Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, August 28th. Stockholders of record on Monday, August 11th were issued a dividend of $0.40 per share. This represents a $1.60 annualized dividend and a dividend yield of 3.6%. The ex-dividend date was Monday, August 11th. Janus Henderson Group’s dividend payout ratio is presently 60.15%.

Wall Street Analyst Weigh In

A number of equities analysts have recently commented on the stock. Wells Fargo & Company raised their price objective 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. JPMorgan Chase & Co. raised their price target on shares of Janus Henderson Group from $44.00 to $47.00 and gave the stock an “overweight” rating in a research note on Wednesday, July 16th. Cowen reaffirmed a “buy” rating on shares of Janus Henderson Group in a report on Wednesday, May 14th. Evercore ISI increased their target price on Janus Henderson Group from $45.00 to $48.00 and gave the stock an “in-line” rating in a report on Friday, September 5th. Finally, Morgan Stanley raised their target price on Janus Henderson Group from $33.00 to $36.00 and gave the stock an “equal weight” rating in a research report on Wednesday, July 2nd. Five equities research analysts have rated the stock with a Buy rating and five have given a Hold rating to the stock. According to data from MarketBeat, Janus Henderson Group currently has a consensus rating of “Moderate Buy” and an average price target of $44.78.

Insider Buying and Selling at Janus Henderson Group

In related news, insider Georgina Fogo sold 69,000 shares of Janus Henderson Group stock in a transaction dated Monday, August 4th. The stock was sold at an average price of $43.07, for a total value of $2,971,830.00. Following the completion of the transaction, the insider directly owned 58,057 shares of the company’s stock, valued at $2,500,514.99. The trade was a 54.31% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Company insiders own 20.40% of the company’s stock.

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.