Investors Research Corp Lowers Holdings in Janus Henderson Group plc (NYSE:JHG)

Investors Research Corp trimmed its position in shares of Janus Henderson Group plc (NYSE:JHG - Free Report) by 54.4% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 17,733 shares of the company's stock after selling 21,174 shares during the quarter. Investors Research Corp's holdings in Janus Henderson Group were worth $754,000 as of its most recent SEC filing.

A number of other hedge funds have also recently added to or reduced their stakes in JHG. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its holdings in Janus Henderson Group by 350.9% in the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 1,062,869 shares of the company's stock valued at $40,463,000 after purchasing an additional 827,132 shares during the period. Allianz Asset Management GmbH grew its stake in Janus Henderson Group by 32.5% in the 4th quarter. Allianz Asset Management GmbH now owns 1,927,318 shares of the company's stock valued at $81,969,000 after acquiring an additional 473,143 shares during the period. Principal Financial Group Inc. increased its holdings in Janus Henderson Group by 28.9% in the 3rd quarter. Principal Financial Group Inc. now owns 2,081,630 shares of the company's stock worth $79,248,000 after acquiring an additional 467,049 shares in the last quarter. Victory Capital Management Inc. raised its position in Janus Henderson Group by 1,490.0% during the fourth quarter. Victory Capital Management Inc. now owns 272,961 shares of the company's stock worth $11,609,000 after acquiring an additional 255,794 shares during the period. Finally, National Bank of Canada FI purchased a new position in Janus Henderson Group during the third quarter valued at $8,029,000. 87.94% of the stock is owned by hedge funds and other institutional investors.

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Janus Henderson Group Trading Down 3.3 %

Shares of JHG stock traded down $1.23 on Thursday, hitting $36.31. 1,246,659 shares of the stock traded hands, compared to its average volume of 1,134,537. The company has a debt-to-equity ratio of 0.08, a quick ratio of 2.08 and a current ratio of 3.08. Janus Henderson Group plc has a twelve month low of $30.35 and a twelve month high of $46.68. The firm's 50-day moving average price is $42.37 and its two-hundred day moving average price is $41.46. The stock has a market capitalization of $5.72 billion, a PE ratio of 14.18, a PEG ratio of 0.66 and a beta of 1.49.

Janus Henderson Group (NYSE:JHG - Get Free Report) last announced its quarterly earnings results 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 prior year, the company posted $0.82 earnings per share. As a group, analysts anticipate that Janus Henderson Group plc will post 3.75 EPS for the current year.

Janus Henderson Group Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Thursday, February 27th. Stockholders of record on Tuesday, February 11th were paid a $0.39 dividend. This represents a $1.56 annualized dividend and a dividend yield of 4.30%. The ex-dividend date was Tuesday, February 11th. Janus Henderson Group's dividend payout ratio (DPR) is presently 60.94%.

Analyst Upgrades and Downgrades

Several research analysts recently weighed in on JHG shares. Wells Fargo & Company upped their price target on shares of Janus Henderson Group from $43.00 to $46.00 and gave the stock an "equal weight" rating in a research report on Monday, February 3rd. The Goldman Sachs Group raised Janus Henderson Group from a "sell" rating to a "neutral" rating and lifted their price target for the stock from $42.00 to $45.00 in a research note on Monday, January 6th. JPMorgan Chase & Co. upgraded 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. StockNews.com upgraded Janus Henderson Group from a "hold" rating to a "buy" rating in a report on Monday, March 3rd. Finally, UBS Group raised shares of Janus Henderson Group from a "neutral" rating to a "buy" rating and upped their target price for the stock from $45.00 to $50.00 in a report on Monday, February 24th. Five analysts have rated the stock with a hold rating and four have assigned a buy rating to the company's stock. Based on data from MarketBeat.com, the company has an average rating of "Hold" and a consensus price target of $47.38.

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.