K.J. Harrison & Partners Inc Takes Position in Janus Henderson Group plc $JHG

K.J. Harrison & Partners Inc bought a new stake in Janus Henderson Group plc (NYSE:JHG) in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 34,000 shares of the company’s stock, valued at approximately $1,321,000.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Brooklyn Investment Group increased its stake in shares of Janus Henderson Group by 182.2% in the first quarter. Brooklyn Investment Group now owns 920 shares of the company’s stock valued at $33,000 after buying an additional 594 shares in the last quarter. Allworth Financial LP increased its stake in shares of Janus Henderson Group by 87.9% in the first quarter. Allworth Financial LP now owns 1,462 shares of the company’s stock valued at $48,000 after buying an additional 684 shares in the last quarter. Fifth Third Bancorp increased its stake in shares of Janus Henderson Group by 40.2% in the second quarter. Fifth Third Bancorp now owns 2,167 shares of the company’s stock valued at $84,000 after buying an additional 621 shares in the last quarter. UMB Bank n.a. increased its stake in shares of 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 buying an additional 1,011 shares in the last quarter. Finally, Wealthquest Corp acquired a new stake in shares of Janus Henderson Group in the first quarter valued at $115,000. 87.94% of the stock is currently owned by institutional investors and hedge funds.

Janus Henderson Group Price Performance

Shares of JHG opened at $43.55 on Monday. The company has a current ratio of 4.49, a quick ratio of 3.91 and a debt-to-equity ratio of 0.08. Janus Henderson Group plc has a 1 year low of $28.26 and a 1 year high of $49.42. The stock has a market cap of $6.79 billion, a P/E ratio of 16.37, a price-to-earnings-growth ratio of 0.96 and a beta of 1.54. The stock’s 50-day moving average price is $44.13 and its two-hundred day moving average price is $40.55.

Janus Henderson Group (NYSE:JHG) last issued its earnings results on Thursday, October 30th. The company reported $1.09 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.01 by $0.08. Janus Henderson Group had a return on equity of 12.01% and a net margin of 16.06%.The firm had revenue of $700.40 million for the quarter, compared to analysts’ expectations of $695.57 million. During the same quarter last year, the business earned $0.91 earnings per share. The company’s revenue was up 12.1% compared to the same quarter last year. On average, equities analysts predict that Janus Henderson Group plc will post 3.75 earnings per share for the current year.

Janus Henderson Group Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Wednesday, November 26th. Shareholders of record on Monday, November 10th will be issued a dividend of $0.40 per share. The ex-dividend date is Monday, November 10th. This represents a $1.60 dividend on an annualized basis and a yield of 3.7%. Janus Henderson Group’s dividend payout ratio (DPR) is 46.92%.

Insider Transactions at Janus Henderson Group

In other Janus Henderson Group news, CFO Roger Mj Thompson sold 27,491 shares of the firm’s stock in a transaction dated 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 transaction, the chief financial officer 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 filing with the Securities & Exchange Commission, which is accessible through the SEC website. Company insiders own 19.60% of the company’s stock.

Analyst Ratings Changes

A number of brokerages recently commented on JHG. Weiss Ratings reiterated a “buy (b-)” rating on shares of Janus Henderson Group in a research report on Wednesday, October 8th. JPMorgan Chase & Co. lifted their price objective on Janus Henderson Group from $44.00 to $47.00 and gave the stock an “overweight” rating in a research report on Wednesday, July 16th. Morgan Stanley reiterated a “positive” rating on shares of Janus Henderson Group in a research report on Monday, October 6th. Wells Fargo & Company lifted their price objective on Janus Henderson Group from $37.00 to $44.00 and gave the stock an “equal weight” rating in a research report on Friday, July 11th. Finally, Zacks Research upgraded Janus Henderson Group from a “hold” rating to a “strong-buy” rating in a research report on Monday, October 13th. Two analysts have rated the stock with a Strong Buy rating, eight have assigned a Buy rating and three have issued a Hold rating to the company. According to MarketBeat, Janus Henderson Group has a consensus rating of “Moderate Buy” and a consensus price target of $47.70.

About Janus Henderson Group

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.