Mutual of America Capital Management LLC lifted its stake in shares of Janus Henderson Group plc (NYSE:JHG – Free Report) by 1.3% during the 2nd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 323,422 shares of the company’s stock after purchasing an additional 4,291 shares during the period. Mutual of America Capital Management LLC’s holdings in Janus Henderson Group were worth $12,562,000 as of its most recent filing with the SEC.
Several other large investors have also modified their holdings of the stock. Louisiana State Employees Retirement System lifted its holdings in Janus Henderson Group by 0.8% in the first quarter. Louisiana State Employees Retirement System now owns 35,600 shares of the company’s stock worth $1,287,000 after acquiring an additional 300 shares during the last quarter. Arete Wealth Advisors LLC lifted its holdings in Janus Henderson Group by 2.4% in the first quarter. Arete Wealth Advisors LLC now owns 12,954 shares of the company’s stock worth $468,000 after acquiring an additional 309 shares during the last quarter. Mubadala Investment Co PJSC lifted its holdings in Janus Henderson Group by 0.6% in the first quarter. Mubadala Investment Co PJSC now owns 56,807 shares of the company’s stock worth $2,054,000 after acquiring an additional 324 shares during the last quarter. Parallel Advisors LLC lifted its holdings in Janus Henderson Group by 3.5% in the second quarter. Parallel Advisors LLC now owns 10,672 shares of the company’s stock worth $414,000 after acquiring an additional 364 shares during the last quarter. Finally, Sylvest Advisors LLC lifted its holdings in Janus Henderson Group by 3.1% in the second quarter. Sylvest Advisors LLC now owns 12,099 shares of the company’s stock worth $470,000 after acquiring an additional 364 shares during the last quarter. Institutional investors own 87.94% of the company’s stock.
Insider Activity at Janus Henderson Group
In related news, CFO Roger Mj Thompson sold 27,491 shares of the firm’s stock in a transaction that occurred on Thursday, September 11th. The shares were 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 $5,118,770.22. This trade represents a 19.55% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Georgina Fogo sold 69,000 shares of the firm’s stock in a transaction that occurred on Monday, August 4th. The shares were sold at an average price of $43.07, for a total transaction of $2,971,830.00. Following the transaction, the insider owned 58,057 shares in the company, valued at $2,500,514.99. This represents a 54.31% decrease in their position. The disclosure for this sale can be found here. 20.40% of the stock is currently owned by company insiders.
Janus Henderson Group Price Performance
Janus Henderson Group (NYSE:JHG – Get Free Report) last announced its quarterly earnings results on Thursday, July 31st. The company reported $0.90 EPS for the quarter, beating the consensus estimate of $0.84 by $0.06. Janus Henderson Group had a net margin of 16.06% and a return on equity of 12.01%. The company had revenue of $633.20 million for the quarter, compared to analyst estimates of $614.46 million. During the same quarter last year, the business earned $0.85 earnings per share. Janus Henderson Group’s revenue was up 7.6% compared to the same quarter last year. Analysts anticipate that Janus Henderson Group plc will post 3.75 earnings per share for the current year.
Janus Henderson Group Announces Dividend
The company also recently declared a quarterly dividend, which was paid on Thursday, August 28th. Shareholders of record on Monday, August 11th were paid a $0.40 dividend. The ex-dividend date was Monday, August 11th. This represents a $1.60 annualized dividend and a dividend yield of 3.8%. Janus Henderson Group’s dividend payout ratio (DPR) is presently 60.15%.
Analyst Ratings Changes
JHG has been the topic of a number of recent research reports. Wells Fargo & Company raised their target price 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. Evercore ISI raised their target price on shares of Janus Henderson Group from $45.00 to $48.00 and gave the stock an “in-line” rating in a report on Friday, September 5th. Zacks Research raised shares of Janus Henderson Group from a “hold” rating to a “strong-buy” rating in a report on Monday, October 13th. Wall Street Zen raised shares of Janus Henderson Group from a “hold” rating to a “buy” rating in a report on Saturday, October 11th. Finally, Weiss Ratings reissued a “buy (b-)” rating on shares of Janus Henderson Group in a report on Wednesday, October 8th. Two investment analysts have rated the stock with a Strong Buy rating, seven have given a Buy rating and four have assigned a Hold rating to the stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $47.00.
View Our Latest Analysis on JHG
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.
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