Inscription Capital LLC Takes Position in Janus Henderson Group plc $JHG

Inscription Capital LLC bought a new stake in shares of Janus Henderson Group plc (NYSE:JHG) during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund bought 13,659 shares of the company’s stock, valued at approximately $608,000.

Several other institutional investors have also bought and sold shares of JHG. Quent Capital LLC bought a new position in Janus Henderson Group during the 3rd quarter valued at $36,000. Traub Capital Management LLC purchased a new stake in shares of Janus Henderson Group in the second quarter valued at about $37,000. True Wealth Design LLC lifted its position in shares of Janus Henderson Group by 1,019.4% during the third quarter. True Wealth Design LLC now owns 1,556 shares of the company’s stock valued at $69,000 after purchasing an additional 1,417 shares in the last quarter. Richardson Financial Services Inc. boosted its holdings in Janus Henderson Group by 237.8% during the third quarter. Richardson Financial Services Inc. now owns 1,598 shares of the company’s stock worth $71,000 after purchasing an additional 1,125 shares during the last quarter. Finally, Fifth Third Bancorp boosted its holdings in Janus Henderson Group by 40.2% during the second quarter. Fifth Third Bancorp now owns 2,167 shares of the company’s stock worth $84,000 after purchasing an additional 621 shares during the last quarter. Institutional investors own 87.94% of the company’s stock.

Janus Henderson Group Trading Up 0.3%

Shares of JHG opened at $47.85 on Thursday. Janus Henderson Group plc has a fifty-two week low of $28.26 and a fifty-two week high of $49.42. The business has a 50-day moving average of $45.75 and a 200 day moving average of $44.26. The firm has a market cap of $7.39 billion, a P/E ratio of 14.03, a price-to-earnings-growth ratio of 0.78 and a beta of 1.54. The company has a debt-to-equity ratio of 0.08, a quick ratio of 2.15 and a current ratio of 4.02.

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

Janus Henderson Group Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, November 26th. Shareholders of record on Monday, November 10th were issued a $0.40 dividend. This represents a $1.60 annualized dividend and a yield of 3.3%. The ex-dividend date of this dividend was Monday, November 10th. Janus Henderson Group’s dividend payout ratio (DPR) is presently 46.92%.

Analyst Upgrades and Downgrades

Several equities research analysts have commented on the stock. Morgan Stanley increased their price objective on shares of Janus Henderson Group from $46.00 to $48.00 and gave the company an “equal weight” rating in a research note on Wednesday, December 17th. Evercore ISI decreased their price target on Janus Henderson Group from $50.00 to $49.00 and set an “in-line” rating for the company in a research report on Monday, December 22nd. Zacks Research lowered Janus Henderson Group from a “strong-buy” rating to a “hold” rating in a report on Monday, December 8th. Weiss Ratings restated a “buy (b)” rating on shares of Janus Henderson Group in a research note on Monday, December 29th. Finally, Bank of America reaffirmed a “neutral” rating and set a $49.00 target price (down from $54.00) on shares of Janus Henderson Group in a research report on Monday, January 5th. One investment analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating and seven have issued a Hold rating to the company. Based on data from MarketBeat, the company presently has an average rating of “Hold” and a consensus price target of $47.67.

Janus Henderson Group 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.