Fisher Asset Management LLC Decreases Stake in Janus Henderson Group plc (NYSE:JHG)

Fisher Asset Management LLC trimmed its stake in Janus Henderson Group plc (NYSE:JHG - Free Report) by 5.8% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 1,676,720 shares of the company's stock after selling 103,655 shares during the period. Fisher Asset Management LLC owned about 1.05% of Janus Henderson Group worth $71,311,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also bought and sold shares of the stock. Charles Schwab Investment Management Inc. increased its holdings in Janus Henderson Group by 0.8% in the third quarter. Charles Schwab Investment Management Inc. now owns 4,446,079 shares of the company's stock valued at $169,262,000 after purchasing an additional 36,711 shares during the period. Geode Capital Management LLC increased its holdings in Janus Henderson Group by 0.6% in the third quarter. Geode Capital Management LLC now owns 2,124,618 shares of the company's stock valued at $80,907,000 after purchasing an additional 12,884 shares during the period. Principal Financial Group Inc. increased its holdings in 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 purchasing an additional 467,049 shares during the period. Allianz Asset Management GmbH increased its holdings in Janus Henderson Group by 32.5% in the fourth quarter. Allianz Asset Management GmbH now owns 1,927,318 shares of the company's stock valued at $81,969,000 after purchasing an additional 473,143 shares during the period. Finally, Bank of New York Mellon Corp increased its holdings in Janus Henderson Group by 3.1% in the fourth quarter. Bank of New York Mellon Corp now owns 1,064,556 shares of the company's stock valued at $45,276,000 after purchasing an additional 32,346 shares during the period. 87.94% of the stock is currently owned by institutional investors and hedge funds.

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Wall Street Analysts Forecast Growth

A number of analysts recently weighed in on JHG shares. Deutsche Bank Aktiengesellschaft increased their price objective on Janus Henderson Group from $42.00 to $44.00 and gave the company a "hold" rating in a report on Monday, November 11th. UBS Group raised shares of Janus Henderson Group from a "neutral" rating to a "buy" rating and upped their price target for the company from $45.00 to $50.00 in a research report on Monday, February 24th. Wells Fargo & Company upped their price target on shares of Janus Henderson Group from $43.00 to $46.00 and gave the company an "equal weight" rating in a research report on Monday, February 3rd. The Goldman Sachs Group raised shares of Janus Henderson Group from a "sell" rating to a "neutral" rating and upped their price target for the company from $42.00 to $45.00 in a research report on Monday, January 6th. Finally, Evercore ISI upped their price target on shares of Janus Henderson Group from $40.00 to $43.00 and gave the company an "in-line" rating in a research report on Thursday, November 7th. Five research analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. According to data from MarketBeat, the company has a consensus rating of "Hold" and an average price target of $47.38.

Janus Henderson Group Stock Up 1.9 %

Shares of JHG stock traded up $0.75 on Wednesday, reaching $40.17. 1,396,249 shares of the company were exchanged, compared to its average volume of 1,009,720. The company has a market cap of $6.39 billion, a price-to-earnings ratio of 15.69, a PEG ratio of 0.66 and a beta of 1.50. The company has a 50-day moving average of $42.92 and a 200-day moving average of $41.43. The company has a debt-to-equity ratio of 0.08, a current ratio of 3.08 and a quick ratio of 2.08. Janus Henderson Group plc has a one year low of $30.35 and a one year high of $46.68.

Janus Henderson Group (NYSE:JHG - Get Free Report) last released its quarterly earnings data on Friday, January 31st. The company reported $1.07 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.94 by $0.13. Janus Henderson Group had a net margin of 16.38% and a return on equity of 12.18%. During the same quarter in the previous year, the firm posted $0.82 EPS. Analysts anticipate that Janus Henderson Group plc will post 3.75 earnings per share for the current year.

Janus Henderson Group Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, February 27th. Investors of record on Tuesday, February 11th were given a $0.39 dividend. The ex-dividend date of this dividend was Tuesday, February 11th. This represents a $1.56 annualized dividend and a yield of 3.88%. Janus Henderson Group's payout ratio is 60.94%.

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.