Federated Hermes Inc. Increases Stake in Janus Henderson Group plc (NYSE:JHG)

Federated Hermes Inc. increased its holdings in Janus Henderson Group plc (NYSE:JHG - Free Report) by 734.9% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 141,939 shares of the company's stock after acquiring an additional 124,938 shares during the period. Federated Hermes Inc. owned about 0.09% of Janus Henderson Group worth $6,037,000 at the end of the most recent reporting period.

Several other large investors have also recently added to or reduced their stakes in the stock. Vanguard Group Inc. raised its holdings in Janus Henderson Group by 1.5% in the 4th quarter. Vanguard Group Inc. now owns 14,148,813 shares of the company's stock worth $601,749,000 after acquiring an additional 203,330 shares during the period. Charles Schwab Investment Management Inc. boosted its stake in shares of Janus Henderson Group by 3.3% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 4,593,441 shares of the company's stock valued at $195,359,000 after purchasing an additional 147,362 shares in the last quarter. Geode Capital Management LLC increased its holdings in shares of Janus Henderson Group by 0.6% during the third quarter. Geode Capital Management LLC now owns 2,124,618 shares of the company's stock worth $80,907,000 after buying an additional 12,884 shares in the last quarter. Principal Financial Group Inc. grew its holdings in shares of Janus Henderson Group by 28.9% during the third quarter. Principal Financial Group Inc. now owns 2,081,630 shares of the company's stock worth $79,248,000 after purchasing an additional 467,049 shares during the last quarter. Finally, Norges Bank bought a new position in shares of Janus Henderson Group in the fourth quarter worth about $83,525,000. Institutional investors and hedge funds own 87.94% of the company's stock.

Wall Street Analyst Weigh In

JHG has been the topic of several recent analyst reports. The Goldman Sachs Group reduced their price objective on shares of Janus Henderson Group from $47.00 to $41.00 and set a "neutral" rating on the stock in a research note on Thursday, April 3rd. Wells Fargo & Company decreased their price objective on shares of Janus Henderson Group from $46.00 to $36.00 and set an "equal weight" rating on the stock in a report on Tuesday, April 8th. Bank of America raised shares of Janus Henderson Group from a "neutral" rating to a "buy" rating and reduced their target price for the company from $57.00 to $43.00 in a research report on Thursday, April 3rd. UBS Group raised shares of Janus Henderson Group from a "neutral" rating to a "buy" rating and upped their price objective for the stock from $45.00 to $50.00 in a research report on Monday, February 24th. Finally, StockNews.com cut Janus Henderson Group from a "buy" rating to a "hold" rating in a research note on Tuesday, March 25th. Six research analysts have rated the stock with a hold rating and four have given a buy rating to the company. According to MarketBeat, Janus Henderson Group currently has an average rating of "Hold" and an average price target of $44.22.

Janus Henderson Group Trading Up 0.7 %

NYSE:JHG traded up $0.20 during midday trading on Thursday, hitting $30.75. 188,263 shares of the company traded hands, compared to its average volume of 1,080,845. The firm has a market capitalization of $4.85 billion, a P/E ratio of 12.06, a P/E/G ratio of 0.66 and a beta of 1.43. Janus Henderson Group plc has a 12-month low of $28.26 and a 12-month high of $46.68. The firm's fifty day moving average is $37.62 and its 200-day moving average is $40.89. The company has a current ratio of 3.08, a quick ratio of 2.08 and a debt-to-equity ratio of 0.08.

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 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 quarter last year, the business earned $0.82 EPS. On average, sell-side analysts predict that Janus Henderson Group plc will post 3.75 EPS for the current year.

Janus Henderson Group Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Thursday, February 27th. Stockholders of record on Tuesday, February 11th were given a dividend of $0.39 per share. The ex-dividend date of this dividend was Tuesday, February 11th. This represents a $1.56 annualized dividend and a dividend yield of 5.07%. Janus Henderson Group's payout ratio is 60.94%.

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.