Janus Henderson Group plc (NYSE:JHG) Shares Bought by Frank Rimerman Advisors LLC

Frank Rimerman Advisors LLC grew its holdings in shares of Janus Henderson Group plc (NYSE:JHG) by 27.0% in the 3rd quarter, HoldingsChannel.com reports. The firm owned 30,599 shares of the company’s stock after purchasing an additional 6,505 shares during the period. Frank Rimerman Advisors LLC’s holdings in Janus Henderson Group were worth $1,165,000 at the end of the most recent reporting period.

Several other hedge funds also recently made changes to their positions in JHG. Miller Howard Investments Inc. NY lifted its holdings in shares of 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 valued at $402,000 after purchasing an additional 282 shares during the last quarter. Abich Financial Wealth Management LLC boosted its holdings in shares of Janus Henderson Group by 26.5% in the second quarter. Abich Financial Wealth Management LLC now owns 1,797 shares of the company’s stock worth $61,000 after buying an additional 377 shares during the period. GAMMA Investing LLC increased its position in shares of Janus Henderson Group by 15.7% in the third quarter. GAMMA Investing LLC now owns 2,822 shares of the company’s stock worth $107,000 after acquiring an additional 382 shares in the last quarter. Graypoint LLC raised its holdings in shares of Janus Henderson Group by 4.2% during the second quarter. Graypoint LLC now owns 10,221 shares of the company’s stock valued at $345,000 after acquiring an additional 410 shares during the period. Finally, Retirement Systems of Alabama raised its holdings in shares of Janus Henderson Group by 0.3% during the first quarter. Retirement Systems of Alabama now owns 166,421 shares of the company’s stock valued at $5,474,000 after acquiring an additional 439 shares during the period. Institutional investors and hedge funds own 87.94% of the company’s stock.

Janus Henderson Group Price Performance

Shares of Janus Henderson Group stock opened at $39.42 on Monday. Janus Henderson Group plc has a 1-year low of $22.27 and a 1-year high of $41.47. The firm has a fifty day simple moving average of $37.95 and a 200-day simple moving average of $35.23. The company has a current ratio of 4.05, a quick ratio of 2.67 and a debt-to-equity ratio of 0.07. The stock has a market capitalization of $6.28 billion, a price-to-earnings ratio of 13.50, a PEG ratio of 0.76 and a beta of 1.50.

Janus Henderson Group (NYSE:JHG) last issued its quarterly earnings results on Thursday, August 1st. The company reported $0.85 EPS for the quarter, topping analysts’ consensus estimates 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 company had revenue of $588.40 million during the quarter, compared to analyst estimates of $568.79 million. During the same period in the previous year, the company earned $0.62 earnings per share. The company’s quarterly revenue was up 13.9% compared to the same quarter last year. On average, sell-side analysts expect that Janus Henderson Group plc will post 3.26 earnings per share for the current year.

Janus Henderson Group Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Wednesday, August 28th. Investors of record on Monday, August 12th were paid a $0.39 dividend. This represents a $1.56 annualized dividend and a dividend yield of 3.96%. The ex-dividend date of this dividend was Monday, August 12th. Janus Henderson Group’s payout ratio is presently 53.42%.

Insider Buying and Selling

In related news, CFO Roger Mj Thompson sold 9,000 shares of the company’s stock in a transaction on Thursday, September 12th. The stock was sold at an average price of $35.60, for a total value of $320,400.00. Following the completion of the transaction, the chief financial officer now directly owns 130,171 shares in the company, valued at approximately $4,634,087.60. This represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. In related news, CFO Roger Mj Thompson sold 9,000 shares of the stock in a transaction dated Thursday, September 12th. The shares were sold at an average price of $35.60, for a total value of $320,400.00. Following the completion of the transaction, the chief financial officer now owns 130,171 shares of the company’s stock, valued at $4,634,087.60. This represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CAO Michelle Rosenberg sold 7,651 shares of Janus Henderson Group stock in a transaction that occurred on Monday, August 19th. The shares were sold at an average price of $36.51, for a total value of $279,338.01. Following the sale, the chief accounting officer now directly owns 89,048 shares in the company, valued at $3,251,142.48. The trade was a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 25,651 shares of company stock valued at $918,158 over the last three months. 20.00% of the stock is owned by corporate insiders.

Analyst Upgrades and Downgrades

JHG has been the topic of several recent analyst reports. Evercore ISI boosted their target price on shares of Janus Henderson Group from $36.00 to $37.00 and gave the company an “in-line” rating in a research note on Friday, October 4th. Morgan Stanley lifted their target price on Janus Henderson Group from $39.00 to $42.00 and gave the company an “equal weight” rating in a research note on Friday, October 18th. Deutsche Bank Aktiengesellschaft raised their price target on shares of Janus Henderson Group from $36.00 to $37.00 and gave the stock a “hold” rating in a report on Thursday, August 15th. The Goldman Sachs Group lifted their target price on shares of Janus Henderson Group from $36.00 to $37.00 and gave the company a “sell” rating in a research note on Thursday, October 3rd. Finally, StockNews.com cut Janus Henderson Group from a “buy” rating to a “hold” rating in a research report on Friday, August 16th. One investment analyst has rated the stock with a sell rating, seven have given a hold rating and two have assigned a buy rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Hold” and an average target price of $38.63.

About Janus Henderson Group

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.