Janus Henderson Group plc (NYSE:JHG) Shares Acquired by Envestnet Asset Management Inc.

Envestnet Asset Management Inc. lifted its position in shares of Janus Henderson Group plc (NYSE:JHGGet Rating) by 18.9% in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 50,382 shares of the company’s stock after buying an additional 8,026 shares during the quarter. Envestnet Asset Management Inc.’s holdings in Janus Henderson Group were worth $1,184,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also made changes to their positions in JHG. Trian Fund Management L.P. raised its stake in shares of Janus Henderson Group by 12.7% during the 1st quarter. Trian Fund Management L.P. now owns 31,867,800 shares of the company’s stock worth $1,116,010,000 after buying an additional 3,595,152 shares during the last quarter. Silchester International Investors LLP raised its stake in Janus Henderson Group by 45.3% in the 2nd quarter. Silchester International Investors LLP now owns 9,261,423 shares of the company’s stock valued at $217,736,000 after purchasing an additional 2,886,801 shares during the last quarter. ARGA Investment Management LP acquired a new position in Janus Henderson Group in the 2nd quarter valued at about $36,780,000. BlackRock Inc. raised its stake in Janus Henderson Group by 5.2% in the 1st quarter. BlackRock Inc. now owns 19,272,599 shares of the company’s stock valued at $674,924,000 after purchasing an additional 947,319 shares during the last quarter. Finally, Goldman Sachs Group Inc. raised its stake in Janus Henderson Group by 74.8% in the 1st quarter. Goldman Sachs Group Inc. now owns 1,510,967 shares of the company’s stock valued at $52,915,000 after purchasing an additional 646,720 shares during the last quarter. Institutional investors and hedge funds own 84.13% of the company’s stock.

Analysts Set New Price Targets

Several brokerages recently weighed in on JHG. TheStreet downgraded shares of Janus Henderson Group from a “b-” rating to a “c+” rating in a research note on Monday, October 10th. The Goldman Sachs Group cut their target price on shares of Janus Henderson Group from $20.50 to $18.00 and set a “sell” rating for the company in a research note on Monday, October 3rd. Citigroup cut their target price on shares of Janus Henderson Group from $22.10 to $18.50 and set a “sell” rating for the company in a research note on Tuesday, October 11th. Bank of America began coverage on shares of Janus Henderson Group in a research note on Wednesday, September 7th. They set a “neutral” rating for the company. Finally, StockNews.com began coverage on shares of Janus Henderson Group in a research note on Wednesday, October 12th. They set a “hold” rating for the company. Five investment analysts have rated the stock with a sell rating and four have issued a hold rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Reduce” and a consensus target price of $19.75.

Janus Henderson Group Stock Up 2.3 %

Shares of NYSE:JHG opened at $24.94 on Wednesday. The company has a debt-to-equity ratio of 0.07, a quick ratio of 2.33 and a current ratio of 3.07. Janus Henderson Group plc has a 1 year low of $19.09 and a 1 year high of $46.76. The stock has a market capitalization of $4.13 billion, a P/E ratio of 10.14 and a beta of 1.47. The stock has a 50-day simple moving average of $22.50 and a 200-day simple moving average of $24.29.

Janus Henderson Group (NYSE:JHGGet Rating) last issued its earnings results on Thursday, October 27th. The company reported $0.61 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.50 by $0.11. Janus Henderson Group had a return on equity of 11.27% and a net margin of 17.16%. The business had revenue of $512.90 million during the quarter, compared to analysts’ expectations of $500.27 million. Equities analysts forecast that Janus Henderson Group plc will post 2.34 earnings per share for the current year.

Janus Henderson Group Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, November 23rd. Shareholders of record on Monday, November 7th will be issued a $0.39 dividend. This represents a $1.56 dividend on an annualized basis and a yield of 6.26%. The ex-dividend date of this dividend is Friday, November 4th. Janus Henderson Group’s dividend payout ratio is presently 63.41%.

Janus Henderson Group Profile

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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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Institutional Ownership by Quarter for Janus Henderson Group (NYSE:JHG)

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