Assenagon Asset Management SA Acquires 15,239 Shares of Janus Henderson Group plc (NYSE:JHG)


Assenagon Asset Management SA grew its holdings in Janus Henderson Group plc (NYSE:JHG – Get Rating) by 34.0% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 60,040 shares of the company’s stock after purchasing an additional 15,239 shares during the quarter. Assenagon Asset Management SA’s holdings in Janus Henderson Group were worth $2,103,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also modified their holdings of the company. Sageworth Trust Co of South Dakota acquired a new stake in shares of Janus Henderson Group in the 4th quarter valued at approximately $30,000. Lindbrook Capital LLC raised its position in shares of Janus Henderson Group by 281.1% in the 4th quarter. Lindbrook Capital LLC now owns 808 shares of the company’s stock valued at $34,000 after acquiring an additional 596 shares during the period. Dixon Hughes Goodman Wealth Advisors LLC acquired a new stake in shares of Janus Henderson Group in the 4th quarter valued at approximately $91,000. UMB Bank NA MO acquired a new stake in Janus Henderson Group during the 4th quarter worth approximately $145,000. Finally, Motco acquired a new stake in Janus Henderson Group during the 4th quarter worth approximately $150,000. 78.39% of the stock is currently owned by institutional investors.

JHG has been the topic of several research analyst reports. The Goldman Sachs Group dropped their target price on shares of Janus Henderson Group from $27.00 to $21.00 and set a “sell” rating on the stock in a report on Wednesday, June 29th. Deutsche Bank Aktiengesellschaft decreased their price target on shares of Janus Henderson Group from $24.00 to $23.00 in a research note on Wednesday. StockNews.com initiated coverage on shares of Janus Henderson Group in a research note on Thursday, March 31st. They set a “hold” rating for the company. Finally, Keefe, Bruyette & Woods cut shares of Janus Henderson Group from a “market perform” rating to an “underperform” rating and reduced their price objective for the stock from $28.00 to $22.00 in a research report on Tuesday, June 28th. Two analysts have rated the stock with a sell rating and five have assigned a hold rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus target price of $35.50.

JHG opened at $23.10 on Thursday. Janus Henderson Group plc has a fifty-two week low of $22.56 and a fifty-two week high of $48.55. The company has a debt-to-equity ratio of 0.07, a quick ratio of 2.22 and a current ratio of 3.18. The company has a market capitalization of $3.88 billion, a P/E ratio of 7.26 and a beta of 1.48. The stock has a fifty-day moving average of $25.75 and a 200-day moving average of $32.18.

Janus Henderson Group (NYSE:JHG – Get Rating) last posted its earnings results on Wednesday, May 4th. The company reported $0.75 earnings per share for the quarter, missing analysts’ consensus estimates of $0.86 by ($0.11). The firm had revenue of $620.00 million for the quarter, compared to analyst estimates of $652.90 million. Janus Henderson Group had a return on equity of 14.95% and a net margin of 19.68%. The firm’s quarterly revenue was down 3.7% compared to the same quarter last year. During the same period in the previous year, the business posted $0.91 EPS. On average, equities research analysts predict that Janus Henderson Group plc will post 2.94 earnings per share for the current fiscal year.

The firm also recently announced a quarterly dividend, which was paid on Tuesday, May 31st. Shareholders of record on Monday, May 16th were paid a dividend of $0.39 per share. This is an increase from Janus Henderson Group’s previous quarterly dividend of $0.38. The ex-dividend date was Friday, May 13th. This represents a $1.56 annualized dividend and a yield of 6.75%. Janus Henderson Group’s payout ratio is presently 49.06%.

In other news, insider Georgina Fogo sold 10,701 shares of the business’s stock in a transaction dated Friday, July 1st. The stock was sold at an average price of $23.29, for a total transaction of $249,226.29. Following the sale, the insider now directly owns 101,862 shares in the company, valued at $2,372,365.98. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. 18.10% of the stock is currently owned by insiders.

Janus Henderson Group Company Profile (GetRating)

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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