Citigroup Inc. Acquires Additional Shares in Janus Henderson Group plc

During the second quarter, Citigroup Inc. significantly expanded its stake in Janus Henderson Group plc (NYSE:JHG), with an 84.2% increase in shareholdings, as mentioned in its latest 13F filing with the SEC. Citigroup now owns a total of 55,929 shares in the asset management firm after buying an extra 25,566 shares. According to the most recent SEC filings, the value of these shares stood at approximately $1,524,000.

Institutional Investors' Movements

Several other institutional investors have also adjusted their positions in Janus Henderson Group. The Treasurer of the State of North Carolina marginally increased its holdings by 0.7%, now owning 59,455 shares valued at $1,584,000. FMR LLC slightly boosted its share count by 0.3% and now holds 142,741 shares worth $3,803,000. Panagora Asset Management Inc. showed a more notable increase of 7.4%, with a new total of 6,695 shares valued at $234,000. Truist Financial Corp's stake grew by 0.7%, bringing their total to 68,078 shares with a market value of $1,855,000. Signaturefd LLC raised its investment by 7.1%, now possessing 7,225 shares, currently worth approximately $197,000. Collectively, institutional investors and hedge funds own 86.17% of Janus Henderson Group's stock.

Analysts' Insights on JHG

Analyst opinions on Janus Henderson Group vary, with recent reports from various firms. StockNews.com started coverage on JHG with a 'hold' rating. CLSA upgraded JHG from 'underperform' to 'outperform,' while Citigroup adjusted their price target on the stock. JPMorgan Chase & Co. also changed their price objective, with Bank of America revising their target price as well. Currently, JHG holds a consensus 'Hold' rating from analysts, with an average target price of $25.29 according to data from MarketBeat.com.

Overview of Janus Henderson Group Stock Performance

The company's stock opened at $26.67, with a market cap of $4.42 billion, PE ratio of 13.20, PEG ratio of 3.25, and a beta of 1.48. The stock's 50-day moving average price is $24.66, and the 200-day moving average is $26.42. Over the past 12 months, JHG has had a low of $22.17 and a high of $31.30.

Dividend and Earnings Report

Janus Henderson Group declared a quarterly dividend paid to investors recorded on November 13, with an ex-dividend date of November 10. Each share received a dividend of $0.39, which annualizes to $1.56, representing a yield of 5.85%.

About Janus Henderson Group

Janus Henderson Group plc operates as an asset management holding company. With its subsidiaries, it offers services to institutional, retail clients, and high net worth individuals, managing portfolios and mutual funds across equity, fixed income, and balanced funds.

Citigroup, JanusHenderson, Investment