Victory Capital Management Inc. Grows Stake in Janus Henderson Group plc (NYSE:JHG)

Victory Capital Management Inc. grew its stake in Janus Henderson Group plc (NYSE:JHG) by 27.4% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 15,137 shares of the company’s stock after buying an additional 3,255 shares during the period. Victory Capital Management Inc.’s holdings in Janus Henderson Group were worth $456,000 at the end of the most recent reporting period.

A number of other institutional investors have also added to or reduced their stakes in the company. Vanguard Group Inc. boosted its holdings in Janus Henderson Group by 0.6% during the 3rd quarter. Vanguard Group Inc. now owns 13,540,493 shares of the company’s stock valued at $349,616,000 after acquiring an additional 84,307 shares during the period. Invesco Ltd. boosted its holdings in Janus Henderson Group by 33.2% in the third quarter. Invesco Ltd. now owns 690,723 shares of the company’s stock worth $17,834,000 after acquiring an additional 172,211 shares in the last quarter. UBS Group AG increased its stake in Janus Henderson Group by 207.2% during 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. Illinois Municipal Retirement Fund increased its position in shares of Janus Henderson Group by 121.8% during the fourth quarter. Illinois Municipal Retirement Fund now owns 51,577 shares of the company’s stock valued at $1,555,000 after acquiring an additional 28,321 shares in the last quarter. Finally, Integrated Wealth Concepts LLC raised its stake in shares of Janus Henderson Group by 186.9% in the third quarter. Integrated Wealth Concepts LLC now owns 61,443 shares of the company’s stock worth $1,586,000 after purchasing an additional 40,028 shares during the last quarter. Institutional investors own 87.94% of the company’s stock.

Wall Street Analyst Weigh In

JHG has been the topic of several research reports. TD Cowen upgraded shares of Janus Henderson Group from a “hold” rating to a “buy” rating and raised their target price for the stock from $34.00 to $37.00 in a report on Wednesday, May 15th. The Goldman Sachs Group lifted their target price on shares of Janus Henderson Group from $29.00 to $32.00 and gave the company a “sell” rating in a research note on Tuesday, April 2nd. JPMorgan Chase & Co. increased their price objective on shares of Janus Henderson Group from $35.00 to $36.00 and gave the company a “neutral” rating in a report on Friday, May 3rd. UBS Group boosted their target price on Janus Henderson Group from $28.00 to $30.00 and gave the stock a “sell” rating in a research report on Friday, April 12th. Finally, StockNews.com cut shares of Janus Henderson Group from a “buy” rating to a “hold” rating in a research note on Friday, May 3rd. Two equities research analysts have rated the stock with a sell rating, five have assigned a hold rating and two have issued a buy rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Hold” and a consensus price target of $30.37.

Janus Henderson Group Price Performance

JHG opened at $34.39 on Friday. The business has a fifty day moving average of $32.43 and a 200 day moving average of $30.21. The company has a quick ratio of 2.64, a current ratio of 3.92 and a debt-to-equity ratio of 0.07. The stock has a market cap of $5.52 billion, a P/E ratio of 12.98, a PEG ratio of 0.99 and a beta of 1.53. Janus Henderson Group plc has a 52-week low of $22.17 and a 52-week high of $34.96.

Janus Henderson Group (NYSE:JHG) last released its quarterly earnings data on Thursday, May 2nd. The company reported $0.71 EPS for the quarter, topping the consensus estimate of $0.63 by $0.08. Janus Henderson Group had a return on equity of 10.02% and a net margin of 19.89%. The company had revenue of $551.70 million for the quarter, compared to the consensus estimate of $547.20 million. During the same period last year, the business posted $0.55 EPS. Janus Henderson Group’s quarterly revenue was up 11.3% on a year-over-year basis. As a group, sell-side analysts anticipate that Janus Henderson Group plc will post 2.98 EPS for the current year.

Janus Henderson Group Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, May 29th. Investors of record on Monday, May 13th will be paid a dividend of $0.39 per share. This represents a $1.56 dividend on an annualized basis and a dividend yield of 4.54%. The ex-dividend date of this dividend is Friday, May 10th. Janus Henderson Group’s dividend payout ratio (DPR) is currently 58.87%.

Insider Activity at Janus Henderson Group

In other Janus Henderson Group news, CAO Brennan A. Hughes sold 1,812 shares of the firm’s stock in a transaction dated Wednesday, March 6th. The stock was sold at an average price of $32.27, for a total value of $58,473.24. Following the completion of the sale, 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 SEC, which is available 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 stock was sold at an average price of $32.27, for a total value of $58,473.24. Following the transaction, the chief accounting officer now directly 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 can be accessed through the SEC website. Also, insider Georgina Fogo sold 3,029 shares of Janus Henderson Group stock in a transaction that occurred on Friday, March 1st. The shares were sold at an average price of $31.07, for a total transaction of $94,111.03. Following the sale, the insider now owns 124,230 shares of the company’s stock, valued at $3,859,826.10. The disclosure for this sale can be found here. Insiders sold 70,133 shares of company stock valued at $2,172,459 over the last 90 days. Insiders own 19.60% of the company’s stock.

Janus Henderson Group Company 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.