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Inceptionr LLC increased its Janus Henderson stake by 140%, as the company posted strong earnings and raised its dividend.
Inceptionr LLC boosted its stake in Janus Henderson Group (JHG) by 140.2% in Q2, now holding 15,941 shares worth $619,000, while Franklin Resources reduced its stake by 9.9%.
The company reported strong Q3 earnings of $1.09 per share, beating estimates by $0.08, and revenue rose 12.1% to $700.4 million.
JHG, with a $6.69 billion market cap, paid a $0.40 quarterly dividend, yielding 3.7%, and maintains a "Buy" analyst consensus with a $48.11 average price target.
The stock traded around $43.34, within a 52-week range of $28.26 to $49.42.
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Inceptionr LLC incrementó su participación en Janus Henderson en un 140%, ya que la compañía registró fuertes ganancias y aumentó su dividendo.