Janus Henderson Group plc $JHG Stake Increased by Foster & Motley Inc.

Foster & Motley Inc. grew its holdings in Janus Henderson Group plc (NYSE:JHG) by 139.9% in the second quarter, Holdings Channel.com reports. The firm owned 27,488 shares of the company’s stock after purchasing an additional 16,030 shares during the period. Foster & Motley Inc.’s holdings in Janus Henderson Group were worth $1,068,000 as of its most recent SEC filing.

A number of other hedge funds also recently modified their holdings of JHG. Brooklyn Investment Group lifted its holdings 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 purchasing an additional 594 shares in the last quarter. Allworth Financial LP lifted its holdings 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 purchasing an additional 684 shares in the last quarter. Farther Finance Advisors LLC lifted its holdings in shares of Janus Henderson Group by 82.3% in the first quarter. Farther Finance Advisors LLC now owns 2,299 shares of the company’s stock valued at $83,000 after purchasing an additional 1,038 shares in the last quarter. Fifth Third Bancorp lifted its holdings 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 purchasing an additional 621 shares in the last quarter. Finally, UMB Bank n.a. lifted its holdings 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 purchasing an additional 1,011 shares in the last quarter. Hedge funds and other institutional investors own 87.94% of the company’s stock.

Wall Street Analysts Forecast Growth

JHG has been the subject of several recent research reports. Morgan Stanley reiterated a “positive” rating on shares of Janus Henderson Group in a report on Monday, October 6th. Bank of America increased their price objective on Janus Henderson Group from $49.00 to $50.00 and gave the stock a “buy” rating in a report on Thursday, October 2nd. Evercore ISI increased their price objective 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. JPMorgan Chase & Co. increased their price objective on Janus Henderson Group from $44.00 to $47.00 and gave the stock an “overweight” rating in a report on Wednesday, July 16th. Finally, BMO Capital Markets initiated coverage on Janus Henderson Group in a report on Friday, October 3rd. They set an “outperform” rating and a $52.00 price objective for the company. Two investment analysts have rated the stock with a Strong Buy rating, seven have assigned a Buy rating and four have assigned a Hold rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $47.00.

Insider Activity

In other news, insider Georgina Fogo sold 69,000 shares of the firm’s 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 sale, the insider directly owned 58,057 shares of the company’s stock, valued at approximately $2,500,514.99. This trade represents a 54.31% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CFO Roger Mj Thompson sold 27,491 shares of the firm’s stock in a transaction dated Thursday, September 11th. The shares were sold at an average price of $45.26, for a total value of $1,244,242.66. Following the completion of the sale, the chief financial officer directly owned 113,097 shares in the company, valued at approximately $5,118,770.22. This represents a 19.55% decrease in their ownership of the stock. The disclosure for this sale can be found here. Corporate insiders own 19.60% of the company’s stock.

Janus Henderson Group Stock Performance

JHG opened at $41.73 on Friday. The company has a market cap of $6.51 billion, a PE ratio of 15.69, a price-to-earnings-growth ratio of 0.90 and a beta of 1.54. The stock has a 50-day moving average of $44.16 and a 200-day moving average of $39.57. Janus Henderson Group plc has a 52-week low of $28.26 and a 52-week high of $46.68. The company has a debt-to-equity ratio of 0.08, a quick ratio of 3.91 and a current ratio of 4.49.

Janus Henderson Group (NYSE:JHG) last released its quarterly earnings results on Thursday, July 31st. The company reported $0.90 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.84 by $0.06. The company had revenue of $633.20 million during 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%.The firm’s revenue was up 7.6% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.85 EPS. As a group, equities research 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 business also recently declared a quarterly dividend, which was paid on Thursday, August 28th. Stockholders of record on Monday, August 11th were paid a dividend of $0.40 per share. This represents a $1.60 annualized dividend and a dividend yield of 3.8%. The ex-dividend date was Monday, August 11th. Janus Henderson Group’s dividend payout ratio is 60.15%.

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.