Janus Henderson Group plc (NYSE:JHG) Position Raised by Confluence Wealth Services Inc.

Confluence Wealth Services Inc. raised its stake in Janus Henderson Group plc (NYSE:JHG) by 8.7% during the first quarter, according to its most recent disclosure with the SEC. The fund owned 26,386 shares of the company’s stock after buying an additional 2,103 shares during the quarter. Confluence Wealth Services Inc.’s holdings in Janus Henderson Group were worth $868,000 as of its most recent SEC filing.

A number of other hedge funds also recently added to or reduced their stakes in JHG. State of Michigan Retirement System increased its holdings in shares of Janus Henderson Group by 2.2% during the first quarter. State of Michigan Retirement System now owns 32,513 shares of the company’s stock valued at $1,069,000 after purchasing an additional 700 shares during the period. Janiczek Wealth Management LLC increased its holdings in shares of Janus Henderson Group by 28.8% during the first quarter. Janiczek Wealth Management LLC now owns 8,362 shares of the company’s stock valued at $275,000 after purchasing an additional 1,872 shares during the period. DGS Capital Management LLC increased its holdings in shares of Janus Henderson Group by 14.4% during the first quarter. DGS Capital Management LLC now owns 12,678 shares of the company’s stock valued at $417,000 after purchasing an additional 1,598 shares during the period. Clarus Wealth Advisors acquired a new position in shares of Janus Henderson Group during the first quarter valued at $205,000. Finally, CHURCHILL MANAGEMENT Corp acquired a new position in shares of Janus Henderson Group during the first quarter valued at $6,793,000. 87.94% of the stock is currently owned by institutional investors.

Insider Buying and Selling

In related news, CFO Roger Mj Thompson sold 30,656 shares of Janus Henderson Group stock in a transaction dated Wednesday, February 28th. The stock was sold at an average price of $30.93, for a total value of $948,190.08. Following the transaction, the chief financial officer now owns 126,439 shares of the company’s stock, valued at approximately $3,910,758.27. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. In other Janus Henderson Group news, CFO Roger Mj Thompson sold 30,656 shares of the firm’s stock in a transaction dated Wednesday, February 28th. The stock was sold at an average price of $30.93, for a total transaction of $948,190.08. Following the completion of the sale, the chief financial officer now directly owns 126,439 shares in the company, valued at approximately $3,910,758.27. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, insider Georgina Fogo sold 22,076 shares of the firm’s stock in a transaction dated Wednesday, February 28th. The stock was sold at an average price of $30.93, for a total value of $682,810.68. Following the sale, the insider now owns 101,623 shares of the company’s stock, valued at $3,143,199.39. The disclosure for this sale can be found here. In the last quarter, insiders have sold 70,133 shares of company stock valued at $2,172,459. 20.00% of the stock is owned by corporate insiders.

Analyst Ratings Changes

JHG has been the topic of a number of research analyst reports. TD Cowen initiated coverage on Janus Henderson Group in a report on Thursday, January 4th. They set a “market perform” rating and a $30.00 price target on the stock. StockNews.com raised Janus Henderson Group from a “hold” rating to a “buy” rating in a report on Thursday, February 29th. The Goldman Sachs Group raised their price target on Janus Henderson Group from $29.00 to $32.00 and gave the company a “sell” rating in a report on Tuesday, April 2nd. Morgan Stanley lifted their target price on Janus Henderson Group from $30.00 to $33.00 and gave the stock an “equal weight” rating in a report on Wednesday, April 17th. Finally, JPMorgan Chase & Co. lifted their target price on Janus Henderson Group from $31.00 to $35.00 and gave the stock a “neutral” rating in a report on Tuesday, April 23rd. Two analysts have rated the stock with a sell rating, six have given a hold rating and two have issued a buy rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus target price of $28.83.

Janus Henderson Group Trading Down 0.9 %

JHG traded down $0.29 during trading on Tuesday, reaching $31.22. The company had a trading volume of 1,019,106 shares, compared to its average volume of 1,091,397. The firm’s 50-day simple moving average is $31.75 and its 200 day simple moving average is $29.05. The company has a market cap of $5.03 billion, a price-to-earnings ratio of 13.17, a PEG ratio of 1.50 and a beta of 1.52. Janus Henderson Group plc has a 12-month low of $22.17 and a 12-month high of $33.25. The company has a debt-to-equity ratio of 0.07, a quick ratio of 2.76 and a current ratio of 3.89.

Janus Henderson Group (NYSE:JHG) last issued its quarterly earnings results on Thursday, February 1st. The company reported $0.82 earnings per share for the quarter, topping analysts’ consensus estimates of $0.56 by $0.26. The firm had revenue of $568.50 million for the quarter, compared to analysts’ expectations of $520.26 million. Janus Henderson Group had a return on equity of 9.46% and a net margin of 18.39%. Janus Henderson Group’s revenue was up 10.3% on a year-over-year basis. During the same quarter last year, the business posted $0.61 EPS. Equities research analysts anticipate that Janus Henderson Group plc will post 2.85 earnings per share for the current year.

Janus Henderson Group Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, February 28th. Investors of record on Monday, February 12th were paid a $0.39 dividend. The ex-dividend date of this dividend was Friday, February 9th. This represents a $1.56 dividend on an annualized basis and a yield of 5.00%. Janus Henderson Group’s dividend payout ratio is currently 65.82%.

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.