Wedge Capital Management L L P NC Has $938,000 Stock Holdings in Janus Henderson Group plc (NYSE:JHG)

Wedge Capital Management L L P NC raised its stake in shares of Janus Henderson Group plc (NYSE:JHG) by 24.8% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 31,104 shares of the company’s stock after purchasing an additional 6,174 shares during the period. Wedge Capital Management L L P NC’s holdings in Janus Henderson Group were worth $938,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Vanguard Group Inc. grew its holdings in Janus Henderson Group by 0.6% during the third quarter. Vanguard Group Inc. now owns 13,540,493 shares of the company’s stock valued at $349,616,000 after purchasing an additional 84,307 shares during the last quarter. Invesco Ltd. boosted its position in shares of Janus Henderson Group by 33.2% in the third quarter. Invesco Ltd. now owns 690,723 shares of the company’s stock valued at $17,834,000 after acquiring an additional 172,211 shares during the period. UBS Group AG boosted its position in shares of Janus Henderson Group by 207.2% in the third quarter. UBS Group AG now owns 86,179 shares of the company’s stock valued at $2,225,000 after acquiring an additional 58,122 shares during the period. Principal Financial Group Inc. boosted its position in shares of Janus Henderson Group by 2.0% in the third quarter. Principal Financial Group Inc. now owns 1,773,943 shares of the company’s stock valued at $45,803,000 after acquiring an additional 34,791 shares during the period. Finally, Integrated Wealth Concepts LLC boosted its position in shares of Janus Henderson Group by 186.9% in the third quarter. Integrated Wealth Concepts LLC now owns 61,443 shares of the company’s stock valued at $1,586,000 after acquiring an additional 40,028 shares during the period. Institutional investors and hedge funds own 87.94% of the company’s stock.

Insiders Place Their Bets

In other Janus Henderson Group news, CFO Roger Mj Thompson sold 30,656 shares of the firm’s stock in a transaction dated Wednesday, February 28th. The stock was sold at an average price of $30.93, for a total transaction of $948,190.08. Following the transaction, the chief financial officer now owns 126,439 shares in the company, valued at $3,910,758.27. The sale was disclosed in a document filed with the SEC, which is available through this link. In other news, CFO Roger Mj Thompson sold 30,656 shares of Janus Henderson Group stock in a transaction dated Wednesday, February 28th. The stock was sold at an average price of $30.93, for a total transaction of $948,190.08. Following the transaction, the chief financial officer now owns 126,439 shares in the company, valued at approximately $3,910,758.27. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, CAO Brennan A. Hughes sold 1,812 shares of Janus Henderson Group stock in a transaction dated Wednesday, March 6th. The shares were sold at an average price of $32.27, for a total value of $58,473.24. Following the transaction, the chief accounting officer now owns 3,535 shares in the company, valued at approximately $114,074.45. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 70,133 shares of company stock worth $2,172,459. Insiders own 19.60% of the company’s stock.

Janus Henderson Group Price Performance

Shares of JHG stock opened at $31.28 on Friday. The stock has a 50-day moving average price of $31.70 and a 200 day moving average price of $28.83. The company has a quick ratio of 2.76, a current ratio of 3.89 and a debt-to-equity ratio of 0.07. The firm has a market cap of $5.04 billion, a price-to-earnings ratio of 13.20, a PEG ratio of 1.50 and a beta of 1.53. Janus Henderson Group plc has a 12 month low of $22.17 and a 12 month high of $33.25.

Janus Henderson Group (NYSE:JHG) last issued its earnings results on Thursday, February 1st. The company reported $0.82 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.56 by $0.26. Janus Henderson Group had a return on equity of 9.46% and a net margin of 18.39%. The firm had revenue of $568.50 million for the quarter, compared to analysts’ expectations of $520.26 million. During the same quarter last year, the business earned $0.61 earnings per share. The company’s revenue was up 10.3% compared to the same quarter last year. Research analysts expect that Janus Henderson Group plc will post 2.85 EPS for the current year.

Janus Henderson Group Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, February 28th. Shareholders of record on Monday, February 12th were issued a dividend of $0.39 per share. This represents a $1.56 dividend on an annualized basis and a yield of 4.99%. The ex-dividend date of this dividend was Friday, February 9th. Janus Henderson Group’s dividend payout ratio (DPR) is currently 65.82%.

Wall Street Analysts Forecast Growth

JHG has been the subject of several research reports. UBS Group increased their price objective on Janus Henderson Group from $28.00 to $30.00 and gave the company a “sell” rating in a research report on Friday, April 12th. JPMorgan Chase & Co. raised their target price on Janus Henderson Group from $31.00 to $35.00 and gave the stock a “neutral” rating in a research report on Tuesday. Morgan Stanley raised their target price on Janus Henderson Group from $30.00 to $33.00 and gave the stock an “equal weight” rating in a research report on Wednesday, April 17th. TD Cowen initiated coverage on Janus Henderson Group in a research report on Thursday, January 4th. They issued a “market perform” rating and a $30.00 target price for the company. Finally, The Goldman Sachs Group raised their target price on Janus Henderson Group from $29.00 to $32.00 and gave the stock a “sell” rating in a research report on Tuesday, April 2nd. Two investment analysts have rated the stock with a sell rating, six have issued a hold rating and two have assigned a buy rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Hold” and a consensus price target of $28.83.

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.