Franklin Resources Inc. Buys 50,221 Shares of Janus Henderson Group plc (NYSE:JHG)

Franklin Resources Inc. grew its holdings in shares of Janus Henderson Group plc (NYSE:JHG - Free Report) by 11.7% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 478,249 shares of the company's stock after buying an additional 50,221 shares during the period. Franklin Resources Inc. owned 0.30% of Janus Henderson Group worth $19,106,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Quarry LP grew its stake in shares of Janus Henderson Group by 203.6% in the third quarter. Quarry LP now owns 759 shares of the company's stock worth $29,000 after acquiring an additional 509 shares during the last quarter. Huntington National Bank increased its stake in Janus Henderson Group by 24.5% during the 3rd quarter. Huntington National Bank now owns 1,219 shares of the company's stock valued at $46,000 after purchasing an additional 240 shares in the last quarter. Larson Financial Group LLC raised its holdings in Janus Henderson Group by 401.6% in the second quarter. Larson Financial Group LLC now owns 1,249 shares of the company's stock worth $42,000 after buying an additional 1,000 shares during the last quarter. Addison Advisors LLC lifted its stake in shares of Janus Henderson Group by 103.4% in the third quarter. Addison Advisors LLC now owns 1,263 shares of the company's stock worth $48,000 after buying an additional 642 shares in the last quarter. Finally, Farther Finance Advisors LLC grew its holdings in shares of Janus Henderson Group by 70.6% during the third quarter. Farther Finance Advisors LLC now owns 1,390 shares of the company's stock valued at $53,000 after buying an additional 575 shares during the last quarter. 87.94% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several equities analysts recently issued reports on the company. Evercore ISI upped their price objective on 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. Deutsche Bank Aktiengesellschaft lifted their price objective on Janus Henderson Group from $42.00 to $44.00 and gave the stock a "hold" rating in a report on Monday, November 11th. The Goldman Sachs Group upped their target price on shares of Janus Henderson Group from $36.00 to $37.00 and gave the company a "sell" rating in a research note on Thursday, October 3rd. Wells Fargo & Company increased their price objective on shares of Janus Henderson Group from $41.00 to $45.00 and gave the company an "equal weight" rating in a research report on Thursday, December 12th. Finally, Morgan Stanley lifted their target price 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. One equities research analyst has rated the stock with a sell rating, seven have given a hold rating and one has assigned a buy rating to the stock. According to MarketBeat, Janus Henderson Group has a consensus rating of "Hold" and an average target price of $43.38.

Janus Henderson Group Stock Performance

NYSE:JHG traded up $0.85 during mid-day trading on Friday, hitting $42.55. 3,184,668 shares of the company traded hands, compared to its average volume of 1,035,667. The company has a quick ratio of 2.08, a current ratio of 3.08 and a debt-to-equity ratio of 0.09. The stock's fifty day moving average price is $43.00 and its 200-day moving average price is $38.25. The firm has a market cap of $6.77 billion, a price-to-earnings ratio of 16.82, a price-to-earnings-growth ratio of 0.62 and a beta of 1.48. Janus Henderson Group plc has a one year low of $28.19 and a one year high of $45.74.

Janus Henderson Group (NYSE:JHG - Get Free Report) last released its earnings results on Thursday, October 31st. The company reported $0.91 EPS for the quarter, topping analysts' consensus estimates of $0.80 by $0.11. The company had revenue of $624.80 million for the quarter, compared to analysts' expectations of $600.88 million. Janus Henderson Group had a net margin of 17.33% and a return on equity of 11.49%. The firm's revenue was up 19.9% compared to the same quarter last year. During the same quarter last year, the business earned $0.64 EPS. Research analysts anticipate that Janus Henderson Group plc will post 3.43 earnings per share for the current fiscal year.

Janus Henderson Group Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Wednesday, November 27th. Investors of record on Wednesday, November 27th were issued a $0.39 dividend. This represents a $1.56 annualized dividend and a yield of 3.67%. The ex-dividend date was Wednesday, November 27th. Janus Henderson Group's dividend payout ratio is currently 61.66%.

Janus Henderson Group Company 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.