Sage Investment Counsel LLC Acquires Shares of 18,495 Janus Henderson Group plc (NYSE:JHG)

Sage Investment Counsel LLC bought a new stake in Janus Henderson Group plc (NYSE:JHG - Free Report) during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm bought 18,495 shares of the company's stock, valued at approximately $787,000. Janus Henderson Group comprises about 1.0% of Sage Investment Counsel LLC's holdings, making the stock its 23rd biggest holding.

Other institutional investors have also recently bought and sold shares of the company. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its holdings in shares of Janus Henderson Group by 350.9% in the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 1,062,869 shares of the company's stock valued at $40,463,000 after purchasing an additional 827,132 shares during the last quarter. Allianz Asset Management GmbH grew its position in Janus Henderson Group by 32.5% in the fourth quarter. Allianz Asset Management GmbH now owns 1,927,318 shares of the company's stock valued at $81,969,000 after purchasing an additional 473,143 shares in the last quarter. Principal Financial Group Inc. increased its stake in Janus Henderson Group by 28.9% in the 3rd quarter. Principal Financial Group Inc. now owns 2,081,630 shares of the company's stock valued at $79,248,000 after buying an additional 467,049 shares during the last quarter. National Bank of Canada FI acquired a new stake in Janus Henderson Group in the 3rd quarter valued at $8,029,000. Finally, Mutual of America Capital Management LLC lifted its position in Janus Henderson Group by 210.6% during the 3rd quarter. Mutual of America Capital Management LLC now owns 228,276 shares of the company's stock worth $8,690,000 after buying an additional 154,778 shares in the last quarter. Institutional investors own 87.94% of the company's stock.

Remove Ads

Janus Henderson Group Stock Performance

Shares of JHG stock traded up $0.75 during trading on Wednesday, reaching $40.17. 1,396,249 shares of the company's stock were exchanged, compared to its average volume of 1,009,720. Janus Henderson Group plc has a twelve month low of $30.35 and a twelve month high of $46.68. The firm's fifty day moving average price is $42.92 and its 200-day moving average price is $41.43. The company has a quick ratio of 2.08, a current ratio of 3.08 and a debt-to-equity ratio of 0.08. The stock has a market capitalization of $6.39 billion, a PE ratio of 15.69, a PEG ratio of 0.66 and a beta of 1.50.

Janus Henderson Group (NYSE:JHG - Get Free Report) last released its quarterly earnings data on Friday, January 31st. The company reported $1.07 EPS for the quarter, topping analysts' consensus estimates of $0.94 by $0.13. Janus Henderson Group had a net margin of 16.38% and a return on equity of 12.18%. During the same quarter in the previous year, the business earned $0.82 earnings per share. As a group, sell-side analysts anticipate that Janus Henderson Group plc will post 3.75 EPS for the current year.

Janus Henderson Group Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, February 27th. Shareholders of record on Tuesday, February 11th were given a dividend of $0.39 per share. The ex-dividend date was Tuesday, February 11th. This represents a $1.56 annualized dividend and a yield of 3.88%. Janus Henderson Group's dividend payout ratio (DPR) is presently 60.94%.

Analyst Upgrades and Downgrades

JHG has been the subject of several analyst reports. JPMorgan Chase & Co. upgraded Janus Henderson Group from a "neutral" rating to an "overweight" rating and raised their price objective for the company from $44.00 to $53.00 in a report on Wednesday, February 5th. Deutsche Bank Aktiengesellschaft raised their price target on Janus Henderson Group from $42.00 to $44.00 and gave the company a "hold" rating in a research note on Monday, November 11th. Morgan Stanley boosted their price target on Janus Henderson Group from $46.00 to $48.00 and gave the stock an "equal weight" rating in a research report on Friday, December 20th. The Goldman Sachs Group raised Janus Henderson Group from a "sell" rating to a "neutral" rating and increased their price objective for the company from $42.00 to $45.00 in a report on Monday, January 6th. Finally, Wells Fargo & Company boosted their target price on shares of Janus Henderson Group from $43.00 to $46.00 and gave the stock an "equal weight" rating in a report on Monday, February 3rd. Five equities research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company's stock. Based on data from MarketBeat.com, Janus Henderson Group presently has a consensus rating of "Hold" and an average price target of $47.38.

Janus Henderson Group Profile

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.