Precision Wealth Strategies LLC Increases Holdings in Janus Henderson Group plc (NYSE:JHG)

Precision Wealth Strategies LLC lifted its position in Janus Henderson Group plc (NYSE:JHG) by 5.1% in the third quarter, Holdings Channel reports. The firm owned 12,143 shares of the company’s stock after buying an additional 593 shares during the period. Precision Wealth Strategies LLC’s holdings in Janus Henderson Group were worth $462,000 at the end of the most recent quarter.

A number of other large investors have also recently modified their holdings of the company. Vanguard Group Inc. boosted its holdings in shares of Janus Henderson Group by 0.5% in the first quarter. Vanguard Group Inc. now owns 13,652,673 shares of the company’s stock valued at $449,036,000 after purchasing an additional 71,753 shares during the period. Capital Research Global Investors lifted its holdings in Janus Henderson Group by 1.2% during the first quarter. Capital Research Global Investors now owns 8,831,148 shares of the company’s stock worth $290,456,000 after buying an additional 103,341 shares during the period. Dimensional Fund Advisors LP lifted its holdings in Janus Henderson Group by 4.4% during the second quarter. Dimensional Fund Advisors LP now owns 8,090,743 shares of the company’s stock worth $272,741,000 after buying an additional 344,582 shares during the period. Millennium Management LLC lifted its holdings in Janus Henderson Group by 43.5% during the second quarter. Millennium Management LLC now owns 5,968,705 shares of the company’s stock worth $201,205,000 after buying an additional 1,809,249 shares during the period. Finally, Ariel Investments LLC lifted its holdings in Janus Henderson Group by 0.7% during the second quarter. Ariel Investments LLC now owns 2,256,434 shares of the company’s stock worth $76,064,000 after buying an additional 16,653 shares during the period. Hedge funds and other institutional investors own 87.94% of the company’s stock.

Janus Henderson Group Price Performance

NYSE JHG opened at $40.36 on Tuesday. The company has a debt-to-equity ratio of 0.07, a current ratio of 4.05 and a quick ratio of 2.67. The stock’s fifty day moving average price is $37.63 and its 200 day moving average price is $35.06. Janus Henderson Group plc has a 1 year low of $22.17 and a 1 year high of $41.47. The company has a market cap of $6.43 billion, a price-to-earnings ratio of 13.82, a PEG ratio of 0.79 and a beta of 1.50.

Janus Henderson Group (NYSE:JHG) last released its earnings results on Thursday, August 1st. The company reported $0.85 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.74 by $0.11. Janus Henderson Group had a return on equity of 10.76% and a net margin of 21.02%. The firm had revenue of $588.40 million for the quarter, compared to the consensus estimate of $568.79 million. During the same period in the prior year, the firm earned $0.62 EPS. The firm’s revenue was up 13.9% on a year-over-year basis. As a group, equities research analysts forecast that Janus Henderson Group plc will post 3.25 earnings per share for the current year.

Janus Henderson Group Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, August 28th. Investors of record on Monday, August 12th were given a $0.39 dividend. This represents a $1.56 annualized dividend and a dividend yield of 3.87%. The ex-dividend date was Monday, August 12th. Janus Henderson Group’s payout ratio is 53.42%.

Insiders Place Their Bets

In related news, major shareholder Henderson Group Plc Janus purchased 189,856 shares of the business’s stock in a transaction on Wednesday, July 24th. The shares were bought at an average cost of $3.20 per share, with a total value of $607,539.20. Following the transaction, the insider now owns 2,081,168 shares of the company’s stock, valued at approximately $6,659,737.60. This trade represents a 0.00 % increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. In other Janus Henderson Group news, CAO Michelle Rosenberg sold 7,651 shares of the stock in a transaction dated Monday, August 19th. The stock was sold at an average price of $36.51, for a total transaction of $279,338.01. Following the sale, the chief accounting officer now directly owns 89,048 shares of the company’s stock, valued at approximately $3,251,142.48. This trade represents a 0.00 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, major shareholder Henderson Group Plc Janus purchased 189,856 shares of the business’s stock in a transaction on Wednesday, July 24th. The shares were bought at an average cost of $3.20 per share, for a total transaction of $607,539.20. Following the completion of the transaction, the insider now directly owns 2,081,168 shares in the company, valued at $6,659,737.60. This trade represents a 0.00 % increase in their position. The disclosure for this purchase can be found here. In the last three months, insiders have sold 25,651 shares of company stock valued at $918,158. Company insiders own 19.60% of the company’s stock.

Wall Street Analyst Weigh In

A number of analysts have weighed in on the company. The Goldman Sachs Group upped their target price on Janus Henderson Group from $36.00 to $37.00 and gave the stock a “sell” rating in a report on Thursday, October 3rd. Morgan Stanley upped their price target on Janus Henderson Group from $39.00 to $42.00 and gave the stock an “equal weight” rating in a research report on Friday. Deutsche Bank Aktiengesellschaft upped their price target on Janus Henderson Group from $36.00 to $37.00 and gave the stock a “hold” rating in a research report on Thursday, August 15th. UBS Group raised Janus Henderson Group from a “sell” rating to a “neutral” rating and upped their price target for the stock from $33.00 to $37.00 in a research report on Monday, September 9th. Finally, JPMorgan Chase & Co. upped their price target on Janus Henderson Group from $38.00 to $39.00 and gave the stock a “neutral” rating in a research report on Friday, August 2nd. One investment analyst has rated the stock with a sell rating, seven have issued a hold rating and two have issued a buy rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Hold” and an average target price of $38.13.

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.