Greenleaf Trust Takes $219,000 Position in Janus Henderson Group plc (NYSE:JHG)

Greenleaf Trust purchased a new stake in Janus Henderson Group plc (NYSE:JHG) during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 7,266 shares of the company’s stock, valued at approximately $219,000.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Vanguard Group Inc. raised its stake in Janus Henderson Group by 0.6% in the third quarter. Vanguard Group Inc. now owns 13,540,493 shares of the company’s stock valued at $349,616,000 after buying an additional 84,307 shares in the last quarter. Invesco Ltd. grew its holdings in shares of Janus Henderson Group by 33.2% during the third quarter. Invesco Ltd. now owns 690,723 shares of the company’s stock worth $17,834,000 after buying an additional 172,211 shares during the last quarter. UBS Group AG boosted its holdings in Janus Henderson Group by 207.2% in the 3rd quarter. UBS Group AG now owns 86,179 shares of the company’s stock valued at $2,225,000 after purchasing an additional 58,122 shares in the last quarter. Principal Financial Group Inc. boosted its holdings in Janus Henderson Group by 2.0% in the 3rd quarter. Principal Financial Group Inc. now owns 1,773,943 shares of the company’s stock valued at $45,803,000 after purchasing an additional 34,791 shares in the last quarter. Finally, Integrated Wealth Concepts LLC boosted its holdings in Janus Henderson Group by 186.9% in the 3rd quarter. Integrated Wealth Concepts LLC now owns 61,443 shares of the company’s stock valued at $1,586,000 after purchasing an additional 40,028 shares in the last quarter. 87.94% of the stock is currently owned by institutional investors and hedge funds.

Janus Henderson Group Stock Down 0.7 %

Shares of NYSE JHG opened at $31.62 on Thursday. Janus Henderson Group plc has a 12-month low of $22.17 and a 12-month high of $33.25. The company has a market cap of $5.10 billion, a P/E ratio of 13.34, a P/E/G ratio of 1.53 and a beta of 1.53. The company has a current ratio of 3.89, a quick ratio of 2.76 and a debt-to-equity ratio of 0.07. The stock has a fifty day moving average price of $31.70 and a 200 day moving average price of $28.82.

Janus Henderson Group (NYSE:JHG) last announced its earnings results on Thursday, February 1st. The company reported $0.82 earnings per share for the quarter, beating the consensus estimate of $0.56 by $0.26. The company had revenue of $568.50 million during the quarter, compared to the consensus estimate of $520.26 million. Janus Henderson Group had a return on equity of 9.46% and a net margin of 18.39%. The company’s revenue was up 10.3% on a year-over-year basis. During the same period last year, the firm earned $0.61 earnings per share. Research analysts anticipate that Janus Henderson Group plc will post 2.8 EPS for the current fiscal year.

Janus Henderson Group Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, February 28th. Stockholders of record on Monday, February 12th were paid a dividend of $0.39 per share. The ex-dividend date of this dividend was Friday, February 9th. This represents a $1.56 annualized dividend and a dividend yield of 4.93%. Janus Henderson Group’s dividend payout ratio is presently 65.82%.

Insider Activity

In other news, insider Georgina Fogo sold 22,076 shares of the firm’s stock in a transaction dated Wednesday, February 28th. The stock was sold at an average price of $30.93, for a total transaction of $682,810.68. Following the completion of the sale, the insider now directly owns 101,623 shares in the company, valued at $3,143,199.39. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. In other news, CAO Brennan A. Hughes sold 1,812 shares of the stock in a transaction dated Wednesday, March 6th. The shares were sold at an average price of $32.27, for a total transaction of $58,473.24. Following the transaction, the chief accounting officer now owns 3,535 shares of the company’s stock, valued at $114,074.45. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Georgina Fogo sold 22,076 shares of the stock in a transaction dated Wednesday, February 28th. The stock was sold at an average price of $30.93, for a total transaction of $682,810.68. Following the transaction, the insider now directly owns 101,623 shares in the company, valued at approximately $3,143,199.39. The disclosure for this sale can be found here. Insiders sold 70,133 shares of company stock worth $2,172,459 over the last ninety days. Corporate insiders own 19.60% of the company’s stock.

Wall Street Analysts Forecast Growth

JHG has been the subject of a number of research reports. The Goldman Sachs Group lifted their price target on shares of Janus Henderson Group from $29.00 to $32.00 and gave the company a “sell” rating in a research report on Tuesday, April 2nd. Morgan Stanley increased their price target on Janus Henderson Group from $30.00 to $33.00 and gave the stock an “equal weight” rating in a research note on Wednesday, April 17th. UBS Group increased their price target on Janus Henderson Group from $28.00 to $30.00 and gave the stock a “sell” rating in a research note on Friday, April 12th. StockNews.com raised Janus Henderson Group from a “hold” rating to a “buy” rating in a research note on Thursday, February 29th. Finally, TD Cowen began coverage on Janus Henderson Group in a report on Thursday, January 4th. They set a “market perform” rating and a $30.00 price objective for the company. Two equities research analysts have rated the stock with a sell rating, six have given a hold rating and two have issued a buy rating to the company. Based on data from MarketBeat, the stock has an average rating of “Hold” and an average target price of $28.83.

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.