Charles Schwab Investment Management Inc. Purchases 36,711 Shares of Janus Henderson Group plc (NYSE:JHG)

Charles Schwab Investment Management Inc. grew its position in Janus Henderson Group plc (NYSE:JHG) by 0.8% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 4,446,079 shares of the company’s stock after purchasing an additional 36,711 shares during the period. Charles Schwab Investment Management Inc. owned approximately 2.80% of Janus Henderson Group worth $169,262,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently modified their holdings of the company. Vanguard Group Inc. lifted its stake in Janus Henderson Group by 0.5% in the 1st quarter. Vanguard Group Inc. now owns 13,652,673 shares of the company’s stock valued at $449,036,000 after acquiring an additional 71,753 shares in the last quarter. Price T Rowe Associates Inc. MD boosted its holdings in Janus Henderson Group by 177.0% during the first quarter. Price T Rowe Associates Inc. MD now owns 208,686 shares of the company’s stock worth $6,865,000 after purchasing an additional 133,356 shares during the last quarter. Jacobs Levy Equity Management Inc. grew its position in Janus Henderson Group by 124.5% in the first quarter. Jacobs Levy Equity Management Inc. now owns 327,393 shares of the company’s stock valued at $10,768,000 after purchasing an additional 181,587 shares in the last quarter. Jane Street Group LLC increased its stake in Janus Henderson Group by 536.7% in the 1st quarter. Jane Street Group LLC now owns 151,875 shares of the company’s stock valued at $4,995,000 after buying an additional 128,021 shares during the last quarter. Finally, Invst LLC bought a new stake in Janus Henderson Group during the 1st quarter worth about $723,000. 87.94% of the stock is owned by institutional investors and hedge funds.

Janus Henderson Group Trading Up 1.0 %

Shares of Janus Henderson Group stock opened at $45.17 on Monday. The company has a debt-to-equity ratio of 0.09, a current ratio of 3.08 and a quick ratio of 2.08. The business has a fifty day simple moving average of $40.71 and a two-hundred day simple moving average of $36.92. Janus Henderson Group plc has a 1 year low of $25.39 and a 1 year high of $45.67. The company has a market capitalization of $7.18 billion, a price-to-earnings ratio of 17.85, a P/E/G ratio of 0.59 and a beta of 1.49.

Janus Henderson Group (NYSE:JHG) last announced its earnings results 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 quarter in the previous year, the firm posted $0.64 EPS. Janus Henderson Group’s revenue was up 19.9% compared to the same quarter last year. Research analysts forecast that Janus Henderson Group plc will post 3.43 EPS for the current year.

Janus Henderson Group Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Wednesday, November 27th. Stockholders of record on Wednesday, November 27th will be given a $0.39 dividend. This represents a $1.56 annualized dividend and a dividend yield of 3.45%. The ex-dividend date of this dividend is Wednesday, November 27th. Janus Henderson Group’s payout ratio is 61.66%.

Wall Street Analysts Forecast Growth

Several equities analysts have recently weighed in on JHG shares. Evercore ISI raised their price objective on Janus Henderson Group from $40.00 to $43.00 and gave the company an “in-line” rating in a report on Thursday, November 7th. Wells Fargo & Company boosted their price target on Janus Henderson Group from $37.00 to $38.00 and gave the stock an “equal weight” rating in a research report on Wednesday, October 9th. UBS Group increased their price objective on Janus Henderson Group from $37.00 to $41.00 and gave the company a “neutral” rating in a report on Tuesday, October 22nd. TD Cowen boosted their target price on shares of Janus Henderson Group from $46.00 to $50.00 and gave the stock a “buy” rating in a report on Friday, November 1st. Finally, JPMorgan Chase & Co. upped their price target on shares of Janus Henderson Group from $38.00 to $39.00 and gave the stock a “neutral” rating in a research report on Friday, August 2nd. One investment analyst has rated the stock with a sell rating, seven have assigned a hold rating and one has issued a buy rating to the company’s stock. Based on data from MarketBeat.com, Janus Henderson Group has a consensus rating of “Hold” and a consensus price target of $41.75.

Insider Transactions at Janus Henderson Group

In related news, CFO Roger Mj Thompson sold 9,000 shares of the company’s stock in a transaction dated Tuesday, September 10th. The shares were sold at an average price of $35.38, for a total value of $318,420.00. Following the transaction, the chief financial officer now directly owns 139,171 shares in the company, valued at approximately $4,923,869.98. This represents a 6.07 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. 19.60% of the stock is owned by corporate insiders.

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.