Venturi Wealth Management LLC Raises Holdings in Janus Henderson Group plc (NYSE:JHG)

Venturi Wealth Management LLC increased its position in shares of Janus Henderson Group plc (NYSE:JHG) by 159.6% during the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 3,666 shares of the company’s stock after purchasing an additional 2,254 shares during the period. Venturi Wealth Management LLC’s holdings in Janus Henderson Group were worth $140,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently made changes to their positions in the company. Vanguard Group Inc. increased its position in Janus Henderson Group by 0.5% during the 1st 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 boosted its stake in shares of 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 valued at $290,456,000 after purchasing an additional 103,341 shares in the last quarter. Dimensional Fund Advisors LP increased 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 valued at $272,741,000 after buying an additional 344,582 shares during the period. Millennium Management LLC raised its stake in Janus Henderson Group by 43.5% in 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 in the last quarter. 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. 87.94% of the stock is currently owned by institutional investors.

Insider Activity

In related news, CAO Michelle Rosenberg sold 7,651 shares of the company’s stock in a transaction that occurred on Monday, August 19th. The stock was sold at an average price of $36.51, for a total value of $279,338.01. Following the sale, the chief accounting officer now owns 89,048 shares in the company, valued at $3,251,142.48. This represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. In related news, CAO Michelle Rosenberg sold 7,651 shares of the business’s stock in a transaction on Monday, August 19th. The shares were sold at an average price of $36.51, for a total transaction of $279,338.01. Following the completion of the transaction, 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 transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CFO Roger Mj Thompson sold 9,000 shares of the company’s stock in a transaction on Thursday, September 12th. The shares were sold at an average price of $35.60, for a total transaction of $320,400.00. Following the completion of the sale, the chief financial officer now directly owns 130,171 shares in the company, valued at approximately $4,634,087.60. The trade was a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over 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.

Analysts Set New Price Targets

A number of research analysts have recently issued reports on JHG shares. TD Cowen lifted their price target on Janus Henderson Group from $46.00 to $50.00 and gave the company a “buy” rating in a report on Friday, November 1st. UBS Group lifted their target price on Janus Henderson Group from $37.00 to $41.00 and gave the company a “neutral” rating in a research note on Tuesday, October 22nd. Deutsche Bank Aktiengesellschaft raised their price target on shares of Janus Henderson Group from $42.00 to $44.00 and gave the company a “hold” rating in a report on Monday. The Goldman Sachs Group boosted their price objective on shares of Janus Henderson Group from $36.00 to $37.00 and gave the stock a “sell” rating in a research note on Thursday, October 3rd. Finally, StockNews.com cut shares of Janus Henderson Group from a “buy” rating to a “hold” rating in a research report on Friday, August 16th. One research analyst has rated the stock with a sell rating, seven have issued a hold rating and one has assigned a buy rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus price target of $41.75.

Janus Henderson Group Stock Down 0.2 %

JHG stock opened at $44.48 on Thursday. The stock has a market capitalization of $7.07 billion, a PE ratio of 17.58, a price-to-earnings-growth ratio of 0.58 and a beta of 1.49. Janus Henderson Group plc has a 52 week low of $24.81 and a 52 week high of $45.45. 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 50 day moving average of $39.33 and a 200 day moving average of $36.21.

Janus Henderson Group (NYSE:JHG) last posted its quarterly earnings data on Thursday, October 31st. The company reported $0.91 EPS for the quarter, topping the consensus estimate of $0.80 by $0.11. Janus Henderson Group had a net margin of 17.33% and a return on equity of 11.49%. The business had revenue of $624.80 million during the quarter, compared to the consensus estimate of $600.88 million. During the same period in the previous year, the firm posted $0.64 earnings per share. The business’s revenue for the quarter was up 19.9% compared to the same quarter last year. Sell-side analysts forecast that Janus Henderson Group plc will post 3.43 earnings per share for the current year.

Janus Henderson Group Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Wednesday, November 27th. Shareholders of record on Wednesday, November 27th will be paid a dividend of $0.39 per share. The ex-dividend date is Wednesday, November 27th. This represents a $1.56 annualized dividend and a yield of 3.51%. Janus Henderson Group’s payout ratio is presently 61.66%.

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.