Intech Investment Management LLC Invests $3.97 Million in Janus Henderson Group plc (NYSE:JHG)

Intech Investment Management LLC bought a new stake in Janus Henderson Group plc (NYSE:JHG) during the third quarter, according to its most recent disclosure with the SEC. The institutional investor bought 104,311 shares of the company’s stock, valued at approximately $3,971,000.

Several other hedge funds have also bought and sold shares of the company. Commerce Bank raised its stake in Janus Henderson Group by 10.8% in the third quarter. Commerce Bank now owns 19,242 shares of the company’s stock valued at $733,000 after buying an additional 1,872 shares during the period. J. W. Coons Advisors LLC bought a new stake in Janus Henderson Group in the 3rd quarter valued at $320,000. Mutual of America Capital Management LLC lifted its holdings in Janus Henderson Group by 210.6% during the 3rd quarter. Mutual of America Capital Management LLC now owns 228,276 shares of the company’s stock valued at $8,690,000 after purchasing an additional 154,778 shares during the last quarter. Huntington National Bank boosted its position in Janus Henderson Group by 24.5% during the third quarter. Huntington National Bank now owns 1,219 shares of the company’s stock worth $46,000 after purchasing an additional 240 shares during the period. Finally, MQS Management LLC acquired a new position in shares of Janus Henderson Group in the third quarter valued at $216,000. 87.94% of the stock is currently owned by institutional investors and hedge funds.

Janus Henderson Group Price Performance

Shares of NYSE JHG opened at $45.17 on Friday. The business has a fifty day moving average price of $40.71 and a two-hundred day moving average price of $36.86. The stock has a market capitalization of $7.18 billion, a PE ratio of 17.85, a P/E/G ratio of 0.59 and a beta of 1.49. The company has a debt-to-equity ratio of 0.09, a current ratio of 3.08 and a quick ratio of 2.08. Janus Henderson Group plc has a fifty-two week low of $25.39 and a fifty-two week high of $45.67.

Janus Henderson Group (NYSE:JHG) last posted its quarterly earnings results on Thursday, October 31st. The company reported $0.91 EPS for the quarter, beating analysts’ consensus estimates of $0.80 by $0.11. Janus Henderson Group had a return on equity of 11.49% and a net margin of 17.33%. The business had revenue of $624.80 million during the quarter, compared to the consensus estimate of $600.88 million. Janus Henderson Group’s revenue for the quarter was up 19.9% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.64 earnings per share. As a group, equities analysts predict that Janus Henderson Group plc will post 3.43 earnings per share for the current fiscal year.

Janus Henderson Group Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, November 27th. Stockholders of record on Wednesday, November 27th will be issued a dividend of $0.39 per share. This represents a $1.56 dividend on an annualized basis and a dividend yield of 3.45%. The ex-dividend date is Wednesday, November 27th. Janus Henderson Group’s dividend payout ratio (DPR) is presently 61.66%.

Insider Buying and Selling

In other Janus Henderson Group news, CFO Roger Mj Thompson sold 9,000 shares of the company’s stock in a transaction on Thursday, September 12th. The stock was sold at an average price of $35.60, for a total transaction of $320,400.00. Following the completion of the sale, the chief financial officer now directly owns 130,171 shares in the company, valued at $4,634,087.60. This represents a 6.47 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. 19.60% of the stock is currently owned by company insiders.

Wall Street Analysts Forecast Growth

A number of analysts have recently issued reports on JHG shares. Wells Fargo & Company raised their target price on shares of Janus Henderson Group from $37.00 to $38.00 and gave the stock an “equal weight” rating in a research note on Wednesday, October 9th. Evercore ISI boosted their price objective on Janus Henderson Group from $40.00 to $43.00 and gave the stock an “in-line” rating in a report on Thursday, November 7th. Morgan Stanley increased their target price on Janus Henderson Group from $39.00 to $42.00 and gave the stock an “equal weight” rating in a research note on Friday, October 18th. Deutsche Bank Aktiengesellschaft boosted their price target on Janus Henderson Group from $42.00 to $44.00 and gave the company a “hold” rating in a research note on Monday, November 11th. Finally, UBS Group increased their price objective on Janus Henderson Group from $37.00 to $41.00 and gave the stock a “neutral” rating in a research report on Tuesday, October 22nd. One analyst has rated the stock with a sell rating, seven have given a hold rating and one has assigned a buy rating to the company. According to data from MarketBeat, the company has a consensus rating of “Hold” and an average price target of $41.75.

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.