AMG National Trust Bank Sells 8,819 Shares of Janus Henderson Group plc (NYSE:JHG)

AMG National Trust Bank lessened its position in Janus Henderson Group plc (NYSE:JHG - Free Report) by 19.9% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 35,599 shares of the company's stock after selling 8,819 shares during the period. AMG National Trust Bank's holdings in Janus Henderson Group were worth $1,519,000 at the end of the most recent reporting period.

Several other hedge funds have also recently bought and sold shares of the company. Edgestream Partners L.P. acquired a new stake in shares of Janus Henderson Group in the fourth quarter valued at approximately $3,409,000. Jackson Creek Investment Advisors LLC acquired a new stake in Janus Henderson Group in the 4th quarter valued at approximately $276,000. Raymond James Financial Inc. bought a new stake in Janus Henderson Group during the 4th quarter valued at $726,000. Proficio Capital Partners LLC bought a new stake in Janus Henderson Group during the 4th quarter valued at $997,000. Finally, Atria Investments Inc boosted its position in Janus Henderson Group by 12.4% during the 4th quarter. Atria Investments Inc now owns 11,003 shares of the company's stock worth $468,000 after acquiring an additional 1,212 shares during the period. 87.94% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

A number of equities research analysts recently weighed in on JHG shares. The Goldman Sachs Group upgraded shares of Janus Henderson Group from a "sell" rating to a "neutral" rating and lifted their price objective for the company from $42.00 to $45.00 in a research note on Monday, January 6th. StockNews.com upgraded shares of Janus Henderson Group from a "hold" rating to a "buy" rating in a research report on Monday, March 3rd. 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 report on Friday, December 20th. JPMorgan Chase & Co. upgraded shares of 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 research note on Wednesday, February 5th. Finally, Wells Fargo & Company upped their target price on Janus Henderson Group from $43.00 to $46.00 and gave the stock an "equal weight" rating in a research report on Monday, February 3rd. Five investment analysts have rated the stock with a hold rating and four have given a buy rating to the company's stock. According to data from MarketBeat.com, Janus Henderson Group presently has an average rating of "Hold" and an average target price of $47.38.

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Janus Henderson Group Stock Down 0.4 %

Janus Henderson Group stock traded down $0.15 during trading hours on Wednesday, hitting $37.54. The company had a trading volume of 1,352,524 shares, compared to its average volume of 1,123,947. The firm has a market capitalization of $5.91 billion, a P/E ratio of 14.66, a price-to-earnings-growth ratio of 0.66 and a beta of 1.49. Janus Henderson Group plc has a fifty-two week low of $30.35 and a fifty-two week high of $46.68. The company has a debt-to-equity ratio of 0.08, a current ratio of 3.08 and a quick ratio of 2.08. The firm's fifty day moving average is $42.47 and its 200-day moving average is $41.48.

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 return on equity of 12.18% and a net margin of 16.38%. During the same period in the prior year, the company earned $0.82 EPS. On average, research analysts forecast that Janus Henderson Group plc will post 3.75 earnings per share for the current year.

Janus Henderson Group Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, February 27th. Investors of record on Tuesday, February 11th were issued a dividend of $0.39 per share. This represents a $1.56 annualized dividend and a dividend yield of 4.16%. The ex-dividend date of this dividend was Tuesday, February 11th. Janus Henderson Group's dividend payout ratio is currently 60.94%.

Janus Henderson Group Company 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.