Cwm LLC Has $5.75 Million Stake in Janus Henderson Group plc $JHG

Cwm LLC grew its stake in shares of Janus Henderson Group plc (NYSE:JHG) by 169.7% in the third quarter, Holdings Channel reports. The institutional investor owned 129,279 shares of the company’s stock after purchasing an additional 81,344 shares during the period. Cwm LLC’s holdings in Janus Henderson Group were worth $5,754,000 as of its most recent filing with the SEC.

Several other hedge funds have also made changes to their positions in the stock. Norges Bank bought a new stake in shares of Janus Henderson Group during the second quarter valued at approximately $86,180,000. Brighton Jones LLC bought a new stake in Janus Henderson Group in the 2nd quarter valued at $685,000. Voleon Capital Management LP acquired a new position in shares of Janus Henderson Group in the 1st quarter valued at $395,000. Aviva PLC acquired a new position in shares of Janus Henderson Group in the 2nd quarter valued at $526,000. Finally, Dynamic Technology Lab Private Ltd bought a new position in shares of Janus Henderson Group during the 1st quarter worth about $2,675,000. Institutional investors own 87.94% of the company’s stock.

Analyst Ratings Changes

A number of analysts recently weighed in on JHG shares. Bank of America upped their target price on shares of Janus Henderson Group from $49.00 to $50.00 and gave the company a “buy” rating in a research note on Thursday, October 2nd. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Janus Henderson Group in a report on Monday. Morgan Stanley increased their target price on Janus Henderson Group from $46.00 to $48.00 and gave the stock an “equal weight” rating in a report on Wednesday, December 17th. Wall Street Zen raised Janus Henderson Group from a “hold” rating to a “buy” rating in a research note on Saturday, December 20th. Finally, TD Cowen cut Janus Henderson Group from a “buy” rating to a “hold” rating and set a $49.00 price target on the stock. in a research report on Tuesday, December 23rd. One research analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating and seven have given a Hold rating to the company. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $47.78.

Janus Henderson Group Stock Performance

NYSE JHG opened at $47.59 on Wednesday. Janus Henderson Group plc has a 1-year low of $28.26 and a 1-year high of $49.42. The company has a 50 day moving average of $44.36 and a 200-day moving average of $43.20. The company has a current ratio of 4.02, a quick ratio of 2.15 and a debt-to-equity ratio of 0.08. The firm has a market cap of $7.35 billion, a price-to-earnings ratio of 13.96, a PEG ratio of 0.84 and a beta of 1.57.

Janus Henderson Group (NYSE:JHG) last released its quarterly earnings results on Thursday, October 30th. The company reported $1.09 EPS for the quarter, topping analysts’ consensus estimates of $1.01 by $0.08. Janus Henderson Group had a return on equity of 12.35% and a net margin of 19.82%.The business had revenue of $700.40 million for the quarter, compared to analyst estimates of $695.57 million. During the same period in the prior year, the company earned $0.91 EPS. Janus Henderson Group’s revenue for the quarter was up 12.1% on a year-over-year basis. On average, equities analysts forecast that Janus Henderson Group plc will post 3.75 earnings per share for the current fiscal year.

Janus Henderson Group Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, November 26th. Stockholders of record on Monday, November 10th were issued a dividend of $0.40 per share. This represents a $1.60 annualized dividend and a dividend yield of 3.4%. The ex-dividend date was Monday, November 10th. Janus Henderson Group’s dividend payout ratio is presently 46.92%.

About Janus Henderson Group

Janus Henderson Group plc is a global asset manager offering a broad range of investment solutions across equities, fixed income, multi-asset and alternative strategies. The firm provides portfolio management services to institutional clients, financial intermediaries and individual investors. Its product lineup includes actively managed mutual funds, separate accounts and exchange-traded funds, designed to meet a variety of risk-return objectives and investment horizons.

The company was formed in May 2017 through the merger of Janus Capital Group and Henderson Group, combining decades of investment expertise in both the U.S.