JPMorgan Chase & Co. Grows Position in Janus Henderson Group plc (NYSE:JHG)

JPMorgan Chase & Co. grew its stake in shares of Janus Henderson Group plc (NYSE:JHG - Free Report) by 8.3% during the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 578,890 shares of the company's stock after acquiring an additional 44,378 shares during the period. JPMorgan Chase & Co. owned 0.36% of Janus Henderson Group worth $22,038,000 as of its most recent SEC filing.

Several other hedge funds also recently bought and sold shares of JHG. Quarry LP boosted its stake in shares of Janus Henderson Group by 203.6% during the 3rd quarter. Quarry LP now owns 759 shares of the company's stock worth $29,000 after acquiring an additional 509 shares in the last quarter. Huntington National Bank grew its position in Janus Henderson Group by 24.5% during the third quarter. Huntington National Bank now owns 1,219 shares of the company's stock worth $46,000 after buying an additional 240 shares in the last quarter. Addison Advisors LLC raised its stake in shares of Janus Henderson Group by 103.4% in the 3rd quarter. Addison Advisors LLC now owns 1,263 shares of the company's stock valued at $48,000 after buying an additional 642 shares in the last quarter. Farther Finance Advisors LLC lifted its stake in Janus Henderson Group by 70.6% during the third quarter. Farther Finance Advisors LLC now owns 1,390 shares of the company's stock worth $53,000 after purchasing an additional 575 shares during the period. Finally, Abich Financial Wealth Management LLC boosted its stake in Janus Henderson Group by 26.5% in the 2nd quarter. Abich Financial Wealth Management LLC now owns 1,797 shares of the company's stock valued at $61,000 after buying an additional 377 shares in the last quarter. 87.94% of the stock is owned by institutional investors and hedge funds.

Janus Henderson Group Trading Up 0.9 %

Shares of JHG traded up $0.39 during mid-day trading on Thursday, reaching $42.41. 931,195 shares of the company were exchanged, compared to its average volume of 884,299. The stock has a market capitalization of $6.74 billion, a PE ratio of 16.76, a PEG ratio of 0.62 and a beta of 1.50. Janus Henderson Group plc has a 52 week low of $28.19 and a 52 week high of $45.74. The company has a debt-to-equity ratio of 0.09, a quick ratio of 2.08 and a current ratio of 3.08. The business has a 50 day simple moving average of $43.77 and a two-hundred day simple moving average of $39.27.

Janus Henderson Group (NYSE:JHG - Get Free Report) last posted its quarterly earnings results on Thursday, October 31st. The company reported $0.91 earnings per share for the quarter, beating the consensus estimate of $0.80 by $0.11. Janus Henderson Group had a net margin of 17.33% and a return on equity of 11.49%. The firm had revenue of $624.80 million during the quarter, compared to the consensus estimate of $600.88 million. During the same period in the previous year, the firm posted $0.64 earnings per share. The business's revenue was up 19.9% compared to the same quarter last year. On average, analysts predict that Janus Henderson Group plc will post 3.43 earnings per share for the current fiscal year.

Janus Henderson Group Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, November 27th. Shareholders of record on Wednesday, November 27th were paid a $0.39 dividend. The ex-dividend date of this dividend was Wednesday, November 27th. This represents a $1.56 dividend on an annualized basis and a yield of 3.68%. Janus Henderson Group's dividend payout ratio (DPR) is presently 61.66%.

Wall Street Analyst Weigh In

Several analysts have recently weighed in on the stock. The Goldman Sachs Group raised shares of Janus Henderson Group from a "sell" rating to a "neutral" rating and raised their price objective for the stock from $42.00 to $45.00 in a report on Monday. Deutsche Bank Aktiengesellschaft raised their price objective on shares of Janus Henderson Group from $42.00 to $44.00 and gave the company a "hold" rating in a research note on Monday, November 11th. Wells Fargo & Company upped their price target on Janus Henderson Group from $41.00 to $45.00 and gave the company an "equal weight" rating in a research note on Thursday, December 12th. Morgan Stanley boosted their target price on 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. Finally, JPMorgan Chase & Co. lowered their price objective on shares of Janus Henderson Group from $45.00 to $44.00 and set a "neutral" rating for the company in a research report on Tuesday. Eight analysts have rated the stock with a hold rating and one has assigned a buy rating to the stock. According to data from MarketBeat.com, Janus Henderson Group presently has a consensus rating of "Hold" and a consensus target price of $45.00.

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.