Quarry LP Buys 509 Shares of Janus Henderson Group plc (NYSE:JHG)

Quarry LP increased its stake in shares of Janus Henderson Group plc (NYSE:JHG) by 203.6% in the 3rd quarter, according to its most recent 13F filing with the SEC. The firm owned 759 shares of the company’s stock after buying an additional 509 shares during the period. Quarry LP’s holdings in Janus Henderson Group were worth $29,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also bought and sold shares of the stock. SG Americas Securities LLC increased its position in Janus Henderson Group by 9.7% during the second quarter. SG Americas Securities LLC now owns 20,579 shares of the company’s stock worth $694,000 after acquiring an additional 1,828 shares during the period. Nisa Investment Advisors LLC raised its position in shares of Janus Henderson Group by 257.8% in the second quarter. Nisa Investment Advisors LLC now owns 22,900 shares of the company’s stock valued at $772,000 after buying an additional 16,500 shares in the last quarter. Summit Global Investments boosted its stake in shares of Janus Henderson Group by 247.7% in the second quarter. Summit Global Investments now owns 25,835 shares of the company’s stock valued at $871,000 after buying an additional 18,405 shares during the period. Miller Howard Investments Inc. NY grew its position in Janus Henderson Group by 2.4% during the second quarter. Miller Howard Investments Inc. NY now owns 11,928 shares of the company’s stock worth $402,000 after buying an additional 282 shares in the last quarter. Finally, 1834 Investment Advisors Co. increased its stake in Janus Henderson Group by 2.9% during the 2nd quarter. 1834 Investment Advisors Co. now owns 98,305 shares of the company’s stock worth $3,314,000 after acquiring an additional 2,743 shares during the period. Institutional investors and hedge funds own 87.94% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research firms have recently issued reports on JHG. StockNews.com lowered Janus Henderson Group from a “buy” rating to a “hold” rating in a report on Friday, August 16th. TD Cowen raised their target price on shares of Janus Henderson Group from $46.00 to $50.00 and gave the company a “buy” rating in a report on Friday, November 1st. Wells Fargo & Company boosted their target price on shares of Janus Henderson Group from $41.00 to $45.00 and gave the company an “equal weight” rating in a research report on Thursday. Morgan Stanley increased their price target on shares of Janus Henderson Group from $39.00 to $42.00 and gave the stock an “equal weight” rating in a research report on Friday, October 18th. Finally, The Goldman Sachs Group boosted their price objective on shares of Janus Henderson Group from $36.00 to $37.00 and gave the company a “sell” rating in a research report on Thursday, October 3rd. One equities research analyst has rated the stock with a sell rating, seven have given a hold rating and one has assigned a buy rating to the company. According to data from MarketBeat, Janus Henderson Group currently has a consensus rating of “Hold” and an average price target of $42.63.

Janus Henderson Group Stock Performance

NYSE JHG opened at $44.14 on Friday. The company has a debt-to-equity ratio of 0.09, a quick ratio of 2.08 and a current ratio of 3.08. Janus Henderson Group plc has a fifty-two week low of $27.63 and a fifty-two week high of $45.74. The stock has a market cap of $7.02 billion, a PE ratio of 17.45, a PEG ratio of 0.58 and a beta of 1.48. The firm’s fifty day moving average price is $42.46 and its two-hundred day moving average price is $37.88.

Janus Henderson Group (NYSE:JHG) last announced its quarterly earnings results on Thursday, October 31st. The company reported $0.91 EPS for the quarter, beating analysts’ consensus estimates of $0.80 by $0.11. Janus Henderson Group had a return on equity of 11.49% and a net margin of 17.33%. The firm had revenue of $624.80 million for the quarter, compared to analyst estimates of $600.88 million. During the same period last year, the firm posted $0.64 earnings per share. The business’s revenue for the quarter was up 19.9% on a year-over-year basis. On average, equities analysts expect that Janus Henderson Group plc will post 3.43 EPS for the current fiscal year.

Janus Henderson Group Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, November 27th. Shareholders of record on Wednesday, November 27th were given a $0.39 dividend. The ex-dividend date of this dividend was Wednesday, November 27th. This represents a $1.56 dividend on an annualized basis and a dividend yield of 3.53%. Janus Henderson Group’s dividend payout ratio (DPR) is presently 61.66%.

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.