Quarry LP Has $29,000 Stock Position in Janus Henderson Group plc (NYSE:JHG)

Quarry LP raised its position in Janus Henderson Group plc (NYSE:JHG) by 203.6% in the third quarter, HoldingsChannel reports. The fund owned 759 shares of the company’s stock after purchasing an additional 509 shares during the quarter. Quarry LP’s holdings in Janus Henderson Group were worth $29,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently modified their holdings of the company. Millennium Management LLC lifted its holdings in shares of Janus Henderson Group by 43.5% in the 2nd quarter. Millennium Management LLC now owns 5,968,705 shares of the company’s stock worth $201,205,000 after purchasing an additional 1,809,249 shares in the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its holdings in Janus Henderson Group by 350.9% during the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 1,062,869 shares of the company’s stock worth $40,463,000 after buying an additional 827,132 shares during the last quarter. AQR Capital Management LLC lifted its stake in shares of Janus Henderson Group by 64.5% in the second quarter. AQR Capital Management LLC now owns 1,206,684 shares of the company’s stock valued at $40,677,000 after buying an additional 473,308 shares in the last quarter. Principal Financial Group Inc. grew its holdings in shares of Janus Henderson Group by 28.9% during the third quarter. Principal Financial Group Inc. now owns 2,081,630 shares of the company’s stock valued at $79,248,000 after buying an additional 467,049 shares during the last quarter. Finally, Dimensional Fund Advisors LP increased its position in shares of 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 worth $272,741,000 after acquiring an additional 344,582 shares in the last quarter. Institutional investors own 87.94% of the company’s stock.

Analyst Ratings Changes

Several brokerages recently weighed in on JHG. StockNews.com cut shares of Janus Henderson Group from a “buy” rating to a “hold” rating in a research report on Friday, August 16th. Wells Fargo & Company lifted their target price on Janus Henderson Group from $41.00 to $45.00 and gave the company an “equal weight” rating in a research report on Thursday. The Goldman Sachs Group increased their price target on Janus Henderson Group from $36.00 to $37.00 and gave the company a “sell” rating in a research report on Thursday, October 3rd. Deutsche Bank Aktiengesellschaft raised their price objective on Janus Henderson Group from $42.00 to $44.00 and gave the company a “hold” rating in a research note on Monday, November 11th. Finally, TD Cowen upped 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 note on Friday, November 1st. 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 stock. According to MarketBeat.com, the company has a consensus rating of “Hold” and a consensus target price of $42.63.

Janus Henderson Group Stock Down 0.4 %

JHG opened at $44.14 on Friday. Janus Henderson Group plc has a twelve month low of $27.63 and a twelve 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 stock has a market cap of $7.02 billion, a price-to-earnings ratio of 17.45, a PEG ratio of 0.58 and a beta of 1.48. The company has a quick ratio of 2.08, a current ratio of 3.08 and a debt-to-equity ratio of 0.09.

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

Janus Henderson Group Dividend Announcement

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