Bank of New York Mellon Corp Boosts Stock Position in Janus Henderson Group plc (NYSE:JHG)

Bank of New York Mellon Corp grew its stake in Janus Henderson Group plc (NYSE:JHG - Free Report) by 3.1% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 1,064,556 shares of the company's stock after acquiring an additional 32,346 shares during the quarter. Bank of New York Mellon Corp owned about 0.67% of Janus Henderson Group worth $45,276,000 as of its most recent SEC filing.

Several other institutional investors have also modified their holdings of the stock. Wealth Enhancement Advisory Services LLC acquired a new position in Janus Henderson Group in the third quarter valued at approximately $238,000. State of Alaska Department of Revenue raised its position in Janus Henderson Group by 3.4% in the third quarter. State of Alaska Department of Revenue now owns 14,799 shares of the company's stock valued at $563,000 after purchasing an additional 485 shares during the period. Farther Finance Advisors LLC lifted its stake in shares of Janus Henderson Group by 70.6% in the 3rd quarter. Farther Finance Advisors LLC now owns 1,390 shares of the company's stock valued at $53,000 after purchasing an additional 575 shares during the last quarter. Van ECK Associates Corp grew its holdings in shares of Janus Henderson Group by 38.2% during the 3rd quarter. Van ECK Associates Corp now owns 75,645 shares of the company's stock worth $2,975,000 after purchasing an additional 20,915 shares during the period. Finally, Robeco Institutional Asset Management B.V. grew its holdings in shares of Janus Henderson Group by 34.6% during the 3rd quarter. Robeco Institutional Asset Management B.V. now owns 156,129 shares of the company's stock worth $5,944,000 after purchasing an additional 40,139 shares during the period. Hedge funds and other institutional investors own 87.94% of the company's stock.

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Janus Henderson Group Stock Down 2.7 %

Shares of Janus Henderson Group stock traded down $1.02 during trading hours on Monday, reaching $36.21. 2,010,312 shares of the company were exchanged, compared to its average volume of 1,086,676. The firm has a market cap of $5.70 billion, a PE ratio of 14.14, a PEG ratio of 0.66 and a beta of 1.49. The company has a debt-to-equity ratio of 0.08, a quick ratio of 2.08 and a current ratio of 3.08. Janus Henderson Group plc has a 1 year low of $30.35 and a 1 year high of $46.68. The stock's fifty day moving average is $42.69 and its 200 day moving average is $41.48.

Janus Henderson Group (NYSE:JHG - Get Free Report) last issued its quarterly earnings results on Friday, January 31st. The company reported $1.07 earnings per share for the quarter, topping the consensus estimate 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 quarter in the prior year, the business posted $0.82 EPS. As a group, equities research analysts forecast that Janus Henderson Group plc will post 3.75 earnings per share for the current year.

Janus Henderson Group Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Thursday, February 27th. Investors of record on Tuesday, February 11th were issued a $0.39 dividend. The ex-dividend date was Tuesday, February 11th. This represents a $1.56 annualized dividend and a yield of 4.31%. Janus Henderson Group's dividend payout ratio (DPR) is 60.94%.

Wall Street Analyst Weigh In

A number of research analysts have commented on the stock. UBS Group raised shares of Janus Henderson Group from a "neutral" rating to a "buy" rating and upped their target price for the company from $45.00 to $50.00 in a research report on Monday, February 24th. The Goldman Sachs Group raised shares of Janus Henderson Group from a "sell" rating to a "neutral" rating and boosted their price target for the company from $42.00 to $45.00 in a research note on Monday, January 6th. Morgan Stanley increased their price objective on shares of 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. StockNews.com raised Janus Henderson Group from a "hold" rating to a "buy" rating in a research report on Monday, March 3rd. Finally, Deutsche Bank Aktiengesellschaft raised their price target on Janus Henderson Group from $42.00 to $44.00 and gave the stock a "hold" rating in a research report on Monday, November 11th. Five research analysts have rated the stock with a hold rating and four have issued a buy rating to the company's stock. Based on data from MarketBeat, the stock presently has an average 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.