Assenagon Asset Management S.A. Trims Holdings in Janus Henderson Group plc (NYSE:JHG)

Assenagon Asset Management S.A. lowered its holdings in shares of Janus Henderson Group plc (NYSE:JHG - Free Report) by 15.9% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 51,215 shares of the company's stock after selling 9,673 shares during the period. Assenagon Asset Management S.A.'s holdings in Janus Henderson Group were worth $2,178,000 at the end of the most recent quarter.

Other hedge funds have also added to or reduced their stakes in the company. Quarry LP grew its position in shares of Janus Henderson Group by 203.6% during the 3rd quarter. Quarry LP now owns 759 shares of the company's stock worth $29,000 after buying an additional 509 shares during the period. Huntington National Bank boosted its stake in Janus Henderson Group by 24.5% during the third quarter. Huntington National Bank now owns 1,219 shares of the company's stock worth $46,000 after acquiring an additional 240 shares in the last quarter. Addison Advisors LLC boosted its holdings in Janus Henderson Group by 103.4% in the third quarter. Addison Advisors LLC now owns 1,263 shares of the company's stock worth $48,000 after acquiring an additional 642 shares in the last quarter. Farther Finance Advisors LLC grew its stake in Janus Henderson Group by 70.6% in the third quarter. Farther Finance Advisors LLC now owns 1,390 shares of the company's stock valued at $53,000 after acquiring an additional 575 shares during the period. Finally, Abich Financial Wealth Management LLC increased its holdings in shares of Janus Henderson Group by 26.5% during the second quarter. Abich Financial Wealth Management LLC now owns 1,797 shares of the company's stock valued at $61,000 after acquiring an additional 377 shares in the last quarter. 87.94% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

A number of brokerages recently issued reports on JHG. Morgan Stanley increased their target price on Janus Henderson Group from $46.00 to $48.00 and gave the stock an "equal weight" rating in a report on Friday, December 20th. UBS Group lifted their price objective on shares of Janus Henderson Group from $37.00 to $41.00 and gave the company a "neutral" rating in a report on Tuesday, October 22nd. TD Cowen raised their price target on shares of Janus Henderson Group from $46.00 to $50.00 and gave the company a "buy" rating in a research report on Friday, November 1st. Wells Fargo & Company cut their price target on Janus Henderson Group from $45.00 to $43.00 and set an "equal weight" rating for the company in a research note on Tuesday, January 14th. Finally, Evercore ISI increased their price objective on Janus Henderson Group from $40.00 to $43.00 and gave the stock an "in-line" rating in a research note on Thursday, November 7th. Eight research analysts have rated the stock with a hold rating and one has issued a buy rating to the company. According to MarketBeat, the stock currently has a consensus rating of "Hold" and an average target price of $44.75.

Janus Henderson Group Stock Performance

Shares of NYSE JHG traded up $0.55 during midday trading on Thursday, reaching $43.54. The company's stock had a trading volume of 638,117 shares, compared to its average volume of 851,108. The stock has a market capitalization of $6.92 billion, a P/E ratio of 17.21, a PEG ratio of 0.60 and a beta of 1.50. The company has a debt-to-equity ratio of 0.09, a current ratio of 3.08 and a quick ratio of 2.08. The firm has a 50 day moving average price of $43.49 and a 200-day moving average price of $39.81. Janus Henderson Group plc has a 12-month low of $28.52 and a 12-month high of $45.74.

Janus Henderson Group (NYSE:JHG - Get Free Report) last posted its quarterly earnings data on Thursday, October 31st. The company reported $0.91 earnings per share for the quarter, topping the consensus estimate of $0.80 by $0.11. Janus Henderson Group had a return on equity of 11.49% and a net margin of 17.33%. The business had revenue of $624.80 million for the quarter, compared to analysts' expectations of $600.88 million. During the same quarter in the previous year, the firm earned $0.64 earnings per share. The business's revenue was up 19.9% on a year-over-year basis. As a group, equities analysts predict that Janus Henderson Group plc will post 3.43 earnings per share for the current year.

Janus Henderson Group Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, November 27th. Investors of record on Wednesday, November 27th were issued a dividend of $0.39 per share. The ex-dividend date was Wednesday, November 27th. This represents a $1.56 dividend on an annualized basis and a yield of 3.58%. Janus Henderson Group's dividend payout ratio (DPR) is presently 61.66%.

About Janus Henderson Group

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.