Bayforest Capital Ltd Increases Holdings in Janus Henderson Group plc $JHG

Bayforest Capital Ltd lifted its position in Janus Henderson Group plc (NYSE:JHG) by 58.1% in the 2nd quarter, HoldingsChannel reports. The firm owned 9,889 shares of the company’s stock after purchasing an additional 3,636 shares during the quarter. Bayforest Capital Ltd’s holdings in Janus Henderson Group were worth $384,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors also recently bought and sold shares of JHG. Brooklyn Investment Group raised its position in Janus Henderson Group by 182.2% during the first quarter. Brooklyn Investment Group now owns 920 shares of the company’s stock valued at $33,000 after acquiring an additional 594 shares in the last quarter. Allworth Financial LP raised its position in Janus Henderson Group by 87.9% during the first quarter. Allworth Financial LP now owns 1,462 shares of the company’s stock valued at $48,000 after acquiring an additional 684 shares in the last quarter. Farther Finance Advisors LLC raised its position in Janus Henderson Group by 82.3% during the first quarter. Farther Finance Advisors LLC now owns 2,299 shares of the company’s stock valued at $83,000 after acquiring an additional 1,038 shares in the last quarter. Fifth Third Bancorp raised its position in Janus Henderson Group by 40.2% during the second quarter. Fifth Third Bancorp now owns 2,167 shares of the company’s stock valued at $84,000 after acquiring an additional 621 shares in the last quarter. Finally, UMB Bank n.a. raised its position in Janus Henderson Group by 86.3% during the second quarter. UMB Bank n.a. now owns 2,183 shares of the company’s stock valued at $85,000 after acquiring an additional 1,011 shares in the last quarter. 87.94% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several research analysts recently weighed in on the company. Weiss Ratings reiterated a “buy (b-)” rating on shares of Janus Henderson Group in a research report on Wednesday, October 8th. Wall Street Zen upgraded Janus Henderson Group from a “hold” rating to a “buy” rating in a research report on Saturday, October 11th. Bank of America lifted their price target on Janus Henderson Group from $49.00 to $50.00 and gave the company a “buy” rating in a research report on Thursday, October 2nd. Morgan Stanley restated a “positive” rating on shares of Janus Henderson Group in a research report on Monday, October 6th. Finally, Zacks Research upgraded Janus Henderson Group from a “hold” rating to a “strong-buy” rating in a research report on Monday. Two investment analysts have rated the stock with a Strong Buy rating, seven have issued a Buy rating and four have given a Hold rating to the company’s stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $47.00.

Insider Activity

In other news, CFO Roger Mj Thompson sold 27,491 shares of the company’s stock in a transaction dated Thursday, September 11th. The stock was sold at an average price of $45.26, for a total transaction of $1,244,242.66. Following the completion of the transaction, the chief financial officer directly owned 113,097 shares of the company’s stock, valued at approximately $5,118,770.22. This represents a 19.55% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, insider Georgina Fogo sold 69,000 shares of the company’s stock in a transaction dated Monday, August 4th. The stock was sold at an average price of $43.07, for a total value of $2,971,830.00. Following the transaction, the insider directly owned 58,057 shares of the company’s stock, valued at approximately $2,500,514.99. This represents a 54.31% decrease in their ownership of the stock. The disclosure for this sale can be found here. 19.60% of the stock is owned by corporate insiders.

Janus Henderson Group Price Performance

Shares of NYSE JHG opened at $44.35 on Thursday. The stock’s 50-day moving average is $44.19 and its two-hundred day moving average is $39.48. The company has a debt-to-equity ratio of 0.08, a current ratio of 4.49 and a quick ratio of 3.91. Janus Henderson Group plc has a 1-year low of $28.26 and a 1-year high of $46.68. The company has a market cap of $6.92 billion, a price-to-earnings ratio of 16.67, a price-to-earnings-growth ratio of 0.96 and a beta of 1.54.

Janus Henderson Group (NYSE:JHG) last issued its quarterly earnings results on Thursday, July 31st. The company reported $0.90 earnings per share for the quarter, topping the consensus estimate of $0.84 by $0.06. Janus Henderson Group had a return on equity of 12.01% and a net margin of 16.06%.The company had revenue of $633.20 million for the quarter, compared to the consensus estimate of $614.46 million. During the same quarter in the prior year, the business earned $0.85 EPS. Janus Henderson Group’s revenue was up 7.6% on a year-over-year basis. Analysts forecast that Janus Henderson Group plc will post 3.75 EPS for the current fiscal year.

Janus Henderson Group Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Thursday, August 28th. Shareholders of record on Monday, August 11th were issued a dividend of $0.40 per share. The ex-dividend date was Monday, August 11th. This represents a $1.60 annualized dividend and a yield of 3.6%. Janus Henderson Group’s dividend payout ratio is 60.15%.

Janus Henderson Group Company 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.