Wealth Enhancement Advisory Services LLC Has $3.91 Million Holdings in Janus Henderson Group plc $JHG

Wealth Enhancement Advisory Services LLC grew its position in Janus Henderson Group plc (NYSE:JHG) by 25.6% in the 4th quarter, Holdings Channel.com reports. The institutional investor owned 81,390 shares of the company’s stock after purchasing an additional 16,589 shares during the quarter. Wealth Enhancement Advisory Services LLC’s holdings in Janus Henderson Group were worth $3,913,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Bessemer Group Inc. boosted its position in shares of Janus Henderson Group by 134.6% during the 3rd quarter. Bessemer Group Inc. now owns 596 shares of the company’s stock worth $26,000 after acquiring an additional 342 shares in the last quarter. United Community Bank bought a new position in Janus Henderson Group in the third quarter valued at approximately $30,000. Quent Capital LLC acquired a new position in Janus Henderson Group during the third quarter valued at approximately $36,000. Addison Advisors LLC raised its position in Janus Henderson Group by 42.3% during the third quarter. Addison Advisors LLC now owns 818 shares of the company’s stock valued at $36,000 after purchasing an additional 243 shares in the last quarter. Finally, Clearstead Advisors LLC lifted its stake in Janus Henderson Group by 170.4% during the third quarter. Clearstead Advisors LLC now owns 1,144 shares of the company’s stock worth $51,000 after purchasing an additional 721 shares during the last quarter. Institutional investors own 87.94% of the company’s stock.

Analyst Upgrades and Downgrades

JHG has been the topic of a number of research analyst reports. Zacks Research raised Janus Henderson Group from a “hold” rating to a “strong-buy” rating in a report on Tuesday, February 10th. TD Cowen downgraded Janus Henderson Group from a “buy” rating to a “hold” rating and set a $49.00 price objective for the company. in a research report on Tuesday, December 23rd. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Janus Henderson Group in a research note on Friday. Wall Street Zen upgraded Janus Henderson Group from a “hold” rating to a “buy” rating in a research report on Saturday, December 20th. Finally, Evercore lowered their target price on Janus Henderson Group from $50.00 to $49.00 and set an “in-line” rating for the company in a research note on Monday, December 22nd. Two analysts have rated the stock with a Strong Buy rating, two have assigned a Buy rating and six have assigned a Hold rating to the stock. According to MarketBeat, Janus Henderson Group currently has an average rating of “Moderate Buy” and an average price target of $47.38.

Janus Henderson Group Stock Performance

Shares of Janus Henderson Group stock opened at $51.36 on Tuesday. The company’s 50 day moving average price is $49.82 and its two-hundred day moving average price is $46.59. The firm has a market capitalization of $7.91 billion, a P/E ratio of 9.76, a P/E/G ratio of 1.47 and a beta of 1.53. Janus Henderson Group plc has a fifty-two week low of $28.26 and a fifty-two week high of $53.76. The company has a debt-to-equity ratio of 0.07, a current ratio of 4.18 and a quick ratio of 2.50.

Janus Henderson Group (NYSE:JHG) last announced its quarterly earnings results on Friday, January 30th. The company reported $2.01 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.19 by $0.82. Janus Henderson Group had a net margin of 25.83% and a return on equity of 14.70%. The company had revenue of $996.60 million during the quarter, compared to the consensus estimate of $763.09 million. During the same period in the prior year, the business earned $1.07 earnings per share. The company’s revenue for the quarter was up 61.3% compared to the same quarter last year. On average, equities analysts forecast that Janus Henderson Group plc will post 3.75 earnings per share for the current fiscal year.

Insider Buying and Selling

In other Janus Henderson Group news, insider Megan Podzorov sold 1,650 shares of the company’s stock in a transaction dated Tuesday, March 10th. The stock was sold at an average price of $51.24, for a total value of $84,546.00. Following the completion of the transaction, the insider owned 12,204 shares of the company’s stock, valued at $625,332.96. This represents a 11.91% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CTO William B. Cassidy sold 16,947 shares of the stock in a transaction dated Friday, February 27th. The shares were sold at an average price of $52.27, for a total value of $885,819.69. Following the completion of the transaction, the chief technology officer owned 118,939 shares of the company’s stock, valued at $6,216,941.53. This represents a 12.47% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 146,229 shares of company stock worth $7,239,650 in the last 90 days. Insiders own 20.40% of the company’s stock.

Janus Henderson Group Company Profile

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.