Renaissance Group LLC Raises Holdings in Janus Henderson Group plc $JHG

Renaissance Group LLC lifted its position in shares of Janus Henderson Group plc (NYSE:JHG) by 35.4% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 123,643 shares of the company’s stock after buying an additional 32,332 shares during the quarter. Renaissance Group LLC owned approximately 0.08% of Janus Henderson Group worth $4,802,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently modified their holdings of JHG. Vanguard Group Inc. raised its stake in shares of Janus Henderson Group by 0.6% in the 1st quarter. Vanguard Group Inc. now owns 14,227,134 shares of the company’s stock valued at $514,311,000 after acquiring an additional 78,321 shares during the period. Charles Schwab Investment Management Inc. increased its stake in Janus Henderson Group by 7.7% during the 1st quarter. Charles Schwab Investment Management Inc. now owns 4,946,058 shares of the company’s stock worth $178,800,000 after buying an additional 352,617 shares during the period. AQR Capital Management LLC boosted its position in Janus Henderson Group by 8.8% in the 1st quarter. AQR Capital Management LLC now owns 1,926,206 shares of the company’s stock valued at $68,400,000 after buying an additional 155,059 shares during the last quarter. Clark Capital Management Group Inc. increased its position in shares of Janus Henderson Group by 2.0% during the first quarter. Clark Capital Management Group Inc. now owns 1,445,920 shares of the company’s stock worth $52,270,000 after acquiring an additional 28,117 shares during the last quarter. Finally, Invesco Ltd. lifted its stake in shares of Janus Henderson Group by 15.5% in the first quarter. Invesco Ltd. now owns 1,354,770 shares of the company’s stock worth $48,975,000 after acquiring an additional 182,014 shares in the last quarter. Institutional investors and hedge funds own 87.94% of the company’s stock.

Analyst Ratings Changes

A number of equities analysts have commented on JHG shares. Zacks Research raised shares of Janus Henderson Group from a “hold” rating to a “strong-buy” rating in a report on Monday, October 13th. TD Cowen lifted their price target on shares of Janus Henderson Group from $52.00 to $55.00 and gave the company a “buy” rating in a report on Friday, October 31st. Evercore ISI reiterated a “positive” rating on shares of Janus Henderson Group in a research note on Friday, October 31st. Weiss Ratings restated a “buy (b)” rating on shares of Janus Henderson Group in a research report on Thursday, November 13th. Finally, Morgan Stanley restated a “positive” rating on shares of Janus Henderson Group in a research note on Monday, October 6th. Two analysts have rated the stock with a Strong Buy rating, eight have issued a Buy rating and two have given a Hold rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Buy” and a consensus target price of $48.11.

Insiders Place Their Bets

In other Janus Henderson Group news, CFO Roger Mj Thompson sold 27,491 shares of the business’s stock in a transaction 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 sale, the chief financial officer directly owned 113,097 shares of the company’s stock, valued at $5,118,770.22. The trade was a 19.55% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Insiders own 19.60% of the company’s stock.

Janus Henderson Group Price Performance

Shares of NYSE:JHG opened at $42.67 on Thursday. The company has a debt-to-equity ratio of 0.08, a quick ratio of 3.91 and a current ratio of 4.49. The company has a market capitalization of $6.59 billion, a PE ratio of 16.04, a price-to-earnings-growth ratio of 0.96 and a beta of 1.59. The stock has a fifty day moving average of $43.85 and a 200-day moving average of $41.48. Janus Henderson Group plc has a one year low of $28.26 and a one year high of $49.42.

Janus Henderson Group (NYSE:JHG) last released its quarterly earnings results on Thursday, October 30th. The company reported $1.09 earnings per share for the quarter, beating analysts’ consensus estimates of $1.01 by $0.08. The business had revenue of $700.40 million during the quarter, compared to analyst estimates of $695.57 million. Janus Henderson Group had a return on equity of 12.01% and a net margin of 16.06%.Janus Henderson Group’s revenue for the quarter was up 12.1% on a year-over-year basis. During the same quarter last year, the company posted $0.91 EPS. As a group, equities analysts anticipate that Janus Henderson Group plc will post 3.75 EPS for the current fiscal year.

Janus Henderson Group Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, November 26th. Shareholders of record on Monday, November 10th will be given a dividend of $0.40 per share. This represents a $1.60 annualized dividend and a yield of 3.8%. The ex-dividend date is Monday, November 10th. Janus Henderson Group’s payout ratio is presently 46.92%.

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.