Edgestream Partners L.P. Makes New Investment in Janus Henderson Group plc (NYSE:JHG)

Edgestream Partners L.P. purchased a new position in Janus Henderson Group plc (NYSE:JHG - Free Report) during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm purchased 80,163 shares of the company's stock, valued at approximately $3,409,000. Edgestream Partners L.P. owned about 0.05% of Janus Henderson Group as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also modified their holdings of the business. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its position in Janus Henderson Group by 350.9% in the 3rd 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 lifted its stake in shares of Janus Henderson Group by 32.5% in the 4th quarter. Allianz Asset Management GmbH now owns 1,927,318 shares of the company's stock worth $81,969,000 after acquiring an additional 473,143 shares during the period. Principal Financial Group Inc. boosted its holdings in shares of Janus Henderson Group by 28.9% in the third quarter. Principal Financial Group Inc. now owns 2,081,630 shares of the company's stock valued at $79,248,000 after acquiring an additional 467,049 shares in the last quarter. Victory Capital Management Inc. increased its stake in shares of Janus Henderson Group by 1,490.0% during the fourth quarter. Victory Capital Management Inc. now owns 272,961 shares of the company's stock valued at $11,609,000 after acquiring an additional 255,794 shares during the period. Finally, National Bank of Canada FI bought a new stake in Janus Henderson Group during the third quarter worth approximately $8,029,000. 87.94% of the stock is owned by institutional investors and hedge funds.

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Janus Henderson Group Trading Down 0.4 %

Janus Henderson Group stock traded down $0.15 during midday trading on Wednesday, reaching $37.54. The stock had a trading volume of 1,352,524 shares, compared to its average volume of 1,123,947. Janus Henderson Group plc has a twelve month low of $30.35 and a twelve month 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 has a market cap of $5.91 billion, a price-to-earnings ratio of 14.66, a PEG ratio of 0.66 and a beta of 1.49. The firm's fifty day simple moving average is $42.47 and its two-hundred day simple moving average is $41.48.

Janus Henderson Group (NYSE:JHG - Get Free Report) last issued its earnings results on Friday, January 31st. The company reported $1.07 EPS 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 period in the previous year, the firm earned $0.82 earnings per share. Equities analysts anticipate that Janus Henderson Group plc will post 3.75 EPS for the current fiscal year.

Janus Henderson Group Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, February 27th. Shareholders of record on Tuesday, February 11th were given a $0.39 dividend. The ex-dividend date was Tuesday, February 11th. This represents a $1.56 dividend on an annualized basis and a yield of 4.16%. Janus Henderson Group's payout ratio is 60.94%.

Analysts Set New Price Targets

Several research analysts recently weighed in on the company. StockNews.com raised Janus Henderson Group from a "hold" rating to a "buy" rating in a research note on Monday, March 3rd. The Goldman Sachs Group raised shares of Janus Henderson Group from a "sell" rating to a "neutral" rating and lifted their price objective for the stock from $42.00 to $45.00 in a research note on Monday, January 6th. Morgan Stanley increased their target price on shares of Janus Henderson Group from $46.00 to $48.00 and gave the company an "equal weight" rating in a research note on Friday, December 20th. JPMorgan Chase & Co. upgraded shares of Janus Henderson Group from a "neutral" rating to an "overweight" rating and lifted their price target for the stock from $44.00 to $53.00 in a research report on Wednesday, February 5th. Finally, UBS Group upgraded Janus Henderson Group from a "neutral" rating to a "buy" rating and increased their price objective for the company from $45.00 to $50.00 in a research report on Monday, February 24th. Five research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company's stock. According to MarketBeat.com, Janus Henderson Group currently 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.