Prudential Financial Inc. Has $41.78 Million Holdings in Janus Henderson Group plc $JHG

Prudential Financial Inc. raised its position in Janus Henderson Group plc (NYSE:JHG) by 13.8% during the 2nd quarter, HoldingsChannel.com reports. The firm owned 1,075,780 shares of the company’s stock after purchasing an additional 130,585 shares during the period. Prudential Financial Inc.’s holdings in Janus Henderson Group were worth $41,783,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently modified their holdings of the company. Brooklyn Investment Group grew its holdings in shares of Janus Henderson Group by 182.2% during the first quarter. Brooklyn Investment Group now owns 920 shares of the company’s stock worth $33,000 after buying an additional 594 shares in the last quarter. Traub Capital Management LLC acquired a new position in Janus Henderson Group during the 2nd quarter worth approximately $37,000. Fifth Third Bancorp boosted its position in Janus Henderson Group by 40.2% during the 2nd quarter. Fifth Third Bancorp now owns 2,167 shares of the company’s stock worth $84,000 after acquiring an additional 621 shares during the last quarter. UMB Bank n.a. grew its stake in shares of Janus Henderson Group by 86.3% during the 2nd quarter. UMB Bank n.a. now owns 2,183 shares of the company’s stock worth $85,000 after acquiring an additional 1,011 shares in the last quarter. Finally, Allworth Financial LP raised its holdings in shares of Janus Henderson Group by 52.8% in the second quarter. Allworth Financial LP now owns 2,234 shares of the company’s stock valued at $87,000 after purchasing an additional 772 shares during the last quarter. 87.94% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling

In other Janus Henderson Group news, CFO Roger Mj Thompson sold 27,491 shares of the business’s stock in a transaction that occurred on 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 of the company’s stock, valued at $5,118,770.22. The trade was a 19.55% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Insiders own 19.60% of the company’s stock.

Analysts Set New Price Targets

A number of analysts have recently commented on the stock. Evercore ISI reissued a “positive” rating on shares of Janus Henderson Group in a research report on Friday, October 31st. Wall Street Zen upgraded shares of Janus Henderson Group from a “hold” rating to a “buy” rating in a research note on Sunday, November 9th. Zacks Research raised shares of Janus Henderson Group from a “hold” rating to a “strong-buy” rating in a research report on Monday, October 13th. Morgan Stanley restated a “positive” rating on shares of Janus Henderson Group in a research note on Monday, October 6th. Finally, TD Cowen raised their price objective on Janus Henderson Group from $52.00 to $55.00 and gave the company a “buy” rating in a report on Friday, October 31st. Two research 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 data from MarketBeat, the stock has an average rating of “Buy” and an average price target of $48.11.

Janus Henderson Group Price Performance

Shares of JHG opened at $43.12 on Tuesday. The company has a market cap of $6.66 billion, a price-to-earnings ratio of 16.21, a PEG ratio of 0.96 and a beta of 1.59. Janus Henderson Group plc has a 1-year low of $28.26 and a 1-year high of $49.42. The company’s fifty day simple moving average is $43.71 and its 200 day simple moving average is $41.67. 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 (NYSE:JHG) last announced its quarterly earnings results on Thursday, October 30th. The company reported $1.09 EPS for the quarter, beating analysts’ consensus estimates of $1.01 by $0.08. Janus Henderson Group had a net margin of 16.06% and a return on equity of 12.01%. The firm had revenue of $700.40 million during the quarter, compared to analysts’ expectations of $695.57 million. During the same quarter last year, the company posted $0.91 earnings per share. The company’s revenue for the quarter was up 12.1% compared to the same quarter last year. On average, research analysts forecast that Janus Henderson Group plc will post 3.75 earnings per share for the current fiscal year.

Janus Henderson Group Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, November 26th. Investors 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 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.