Arete Wealth Advisors LLC Purchases 3,078 Shares of Janus Henderson Group plc (NYSE:JHG)

Arete Wealth Advisors LLC raised its stake in Janus Henderson Group plc (NYSE:JHG) by 38.2% in the third quarter, Holdings Channel.com reports. The firm owned 11,127 shares of the company’s stock after acquiring an additional 3,078 shares during the period. Arete Wealth Advisors LLC’s holdings in Janus Henderson Group were worth $422,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also recently bought and sold shares of the company. Foundry Partners LLC acquired a new position in shares of Janus Henderson Group in the 2nd quarter valued at $566,000. Dimensional Fund Advisors LP raised its stake in shares of Janus Henderson Group by 4.4% in the 2nd quarter. Dimensional Fund Advisors LP now owns 8,090,743 shares of the company’s stock valued at $272,741,000 after buying an additional 344,582 shares in the last quarter. WINTON GROUP Ltd raised its stake in shares of Janus Henderson Group by 97.7% in the 2nd quarter. WINTON GROUP Ltd now owns 28,049 shares of the company’s stock valued at $946,000 after buying an additional 13,861 shares in the last quarter. Mutual of America Capital Management LLC raised its stake in shares of Janus Henderson Group by 210.6% in the 3rd quarter. Mutual of America Capital Management LLC now owns 228,276 shares of the company’s stock valued at $8,690,000 after buying an additional 154,778 shares in the last quarter. Finally, AdvisorShares Investments LLC acquired a new position in shares of Janus Henderson Group in the 2nd quarter valued at $485,000. 87.94% of the stock is owned by institutional investors.

Analyst Ratings Changes

JHG has been the subject of a number of recent analyst reports. TD Cowen increased their target price on shares of Janus Henderson Group from $46.00 to $50.00 and gave the stock a “buy” rating in a research report on Friday, November 1st. Morgan Stanley increased their target price on shares of Janus Henderson Group from $39.00 to $42.00 and gave the stock an “equal weight” rating in a research report on Friday, October 18th. Wells Fargo & Company increased their target price on shares of Janus Henderson Group from $41.00 to $45.00 and gave the stock an “equal weight” rating in a research report on Thursday. The Goldman Sachs Group increased their price objective on shares of Janus Henderson Group from $36.00 to $37.00 and gave the stock a “sell” rating in a report on Thursday, October 3rd. Finally, Evercore ISI increased their price objective on shares of Janus Henderson Group from $40.00 to $43.00 and gave the stock an “in-line” rating in a report on Thursday, November 7th. One investment analyst has rated the stock with a sell rating, seven have given a hold rating and one has assigned a buy rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Hold” and an average target price of $42.63.

Janus Henderson Group Stock Down 0.4 %

Shares of NYSE:JHG opened at $44.14 on Friday. Janus Henderson Group plc has a 12 month low of $27.63 and a 12 month high of $45.74. The company’s 50-day moving average price is $42.46 and its two-hundred day moving average price is $37.88. The company has a quick ratio of 2.08, a current ratio of 3.08 and a debt-to-equity ratio of 0.09. The firm has a market cap of $7.02 billion, a P/E ratio of 17.45, a P/E/G ratio of 0.58 and a beta of 1.48.

Janus Henderson Group (NYSE:JHG) last issued its earnings results on Thursday, October 31st. The company reported $0.91 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.80 by $0.11. The company had revenue of $624.80 million for the quarter, compared to analyst estimates of $600.88 million. Janus Henderson Group had a net margin of 17.33% and a return on equity of 11.49%. The company’s revenue for the quarter was up 19.9% on a year-over-year basis. During the same quarter last year, the firm earned $0.64 EPS. As a group, research analysts forecast that Janus Henderson Group plc will post 3.43 EPS for the current fiscal year.

Janus Henderson Group Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Wednesday, November 27th. Stockholders of record on Wednesday, November 27th were paid a $0.39 dividend. This represents a $1.56 annualized dividend and a dividend yield of 3.53%. The ex-dividend date was Wednesday, November 27th. Janus Henderson Group’s dividend payout ratio (DPR) is presently 61.66%.

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.