First Trust Advisors LP Buys 420,082 Shares of Janus Henderson Group plc (NYSE:JHG)

First Trust Advisors LP boosted its position in shares of Janus Henderson Group plc (NYSE:JHG - Free Report) by 58.9% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 1,133,768 shares of the company's stock after purchasing an additional 420,082 shares during the period. First Trust Advisors LP owned about 0.71% of Janus Henderson Group worth $48,219,000 at the end of the most recent quarter.

Other large investors have also recently added to or reduced their stakes in the company. UMB Bank n.a. boosted its stake in shares of Janus Henderson Group by 56.5% in the 4th quarter. UMB Bank n.a. now owns 787 shares of the company's stock valued at $33,000 after purchasing an additional 284 shares during the last quarter. Richardson Financial Services Inc. increased its stake in Janus Henderson Group by 89.4% in the fourth quarter. Richardson Financial Services Inc. now owns 769 shares of the company's stock valued at $33,000 after purchasing an additional 363 shares in the last quarter. Larson Financial Group LLC lifted its holdings in Janus Henderson Group by 33.9% during the fourth quarter. Larson Financial Group LLC now owns 1,137 shares of the company's stock worth $48,000 after acquiring an additional 288 shares in the last quarter. Bessemer Group Inc. raised its position in shares of Janus Henderson Group by 825.2% during the fourth quarter. Bessemer Group Inc. now owns 1,286 shares of the company's stock worth $55,000 after purchasing an additional 1,147 shares during the period. Finally, EverSource Wealth Advisors LLC grew its position in shares of Janus Henderson Group by 48.7% in the 4th quarter. EverSource Wealth Advisors LLC now owns 1,872 shares of the company's stock valued at $80,000 after purchasing an additional 613 shares during the period. 87.94% of the stock is owned by institutional investors.

Janus Henderson Group Stock Performance

Shares of Janus Henderson Group stock traded down $0.21 during trading hours on Tuesday, reaching $32.95. The company had a trading volume of 133,102 shares, compared to its average volume of 1,096,540. The firm has a market cap of $5.19 billion, a PE ratio of 12.87, a price-to-earnings-growth ratio of 0.66 and a beta of 1.43. Janus Henderson Group plc has a one year low of $28.26 and a one year 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 business has a fifty day simple moving average of $35.66 and a 200 day simple moving average of $40.54.

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 prior year, the company posted $0.82 earnings per share. On average, analysts anticipate that Janus Henderson Group plc will post 3.75 earnings per share for the current fiscal year.

Janus Henderson Group Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Thursday, February 27th. Shareholders of record on Tuesday, February 11th were issued a $0.39 dividend. This represents a $1.56 annualized dividend and a yield of 4.73%. The ex-dividend date of this dividend was Tuesday, February 11th. Janus Henderson Group's payout ratio is 60.94%.

Analysts Set New Price Targets

Several research firms have weighed in on JHG. JPMorgan Chase & Co. raised Janus Henderson Group from a "neutral" rating to an "overweight" rating and boosted their price target for the stock from $44.00 to $53.00 in a research report on Wednesday, February 5th. Wells Fargo & Company reduced their target price on 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. UBS Group upgraded shares of Janus Henderson Group from a "neutral" rating to a "buy" rating and boosted their target price for the company from $45.00 to $50.00 in a research report on Monday, February 24th. Evercore ISI reduced their price target on shares of Janus Henderson Group from $44.00 to $33.00 and set an "in-line" rating on the stock in a research report on Friday, April 11th. Finally, The Goldman Sachs Group decreased their price target on 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. Six investment analysts have rated the stock with a hold rating and four have given a buy rating to the company. According to data from MarketBeat, the stock currently has an average rating of "Hold" and an average target price of $44.22.

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.