HighTower Advisors LLC Sells 7,196 Shares of Janus Henderson Group plc (NYSE:JHG)

HighTower Advisors LLC lessened its position in Janus Henderson Group plc (NYSE:JHG - Free Report) by 45.4% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 8,640 shares of the company's stock after selling 7,196 shares during the period. HighTower Advisors LLC's holdings in Janus Henderson Group were worth $367,000 at the end of the most recent quarter.

Other institutional investors also recently modified their holdings of the company. Quarry LP lifted its stake in Janus Henderson Group by 203.6% in the 3rd quarter. Quarry LP now owns 759 shares of the company's stock valued at $29,000 after purchasing an additional 509 shares during the last quarter. UMB Bank n.a. lifted its position in shares of Janus Henderson Group by 56.5% in the fourth quarter. UMB Bank n.a. now owns 787 shares of the company's stock valued at $33,000 after buying an additional 284 shares during the last quarter. Richardson Financial Services Inc. boosted its stake in shares of Janus Henderson Group by 89.4% during the 4th quarter. Richardson Financial Services Inc. now owns 769 shares of the company's stock worth $33,000 after acquiring an additional 363 shares during the period. Larson Financial Group LLC increased its holdings in shares of Janus Henderson Group by 33.9% during the 4th quarter. Larson Financial Group LLC now owns 1,137 shares of the company's stock worth $48,000 after acquiring an additional 288 shares during the last quarter. Finally, GAMMA Investing LLC increased its holdings in shares of Janus Henderson Group by 19.8% during the 4th quarter. GAMMA Investing LLC now owns 3,380 shares of the company's stock worth $144,000 after acquiring an additional 558 shares during the last quarter. 87.94% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of equities analysts have commented on the stock. UBS Group raised shares of Janus Henderson Group from a "neutral" rating to a "buy" rating and lifted their price objective for the stock from $45.00 to $50.00 in a research report on Monday, February 24th. 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 report on Friday, December 20th. The Goldman Sachs Group lowered their price target on shares of Janus Henderson Group from $47.00 to $41.00 and set a "neutral" rating on the stock in a report on Thursday. JPMorgan Chase & Co. upgraded Janus Henderson Group from a "neutral" rating to an "overweight" rating and boosted their price objective for the stock from $44.00 to $53.00 in a report on Wednesday, February 5th. Finally, StockNews.com lowered Janus Henderson Group from a "buy" rating to a "hold" rating in a research note on Tuesday, March 25th. Six investment analysts have rated the stock with a hold rating and four have given a buy rating to the stock. According to data from MarketBeat.com, the company has an average rating of "Hold" and an average price target of $46.44.

Janus Henderson Group Price Performance

NYSE JHG traded down $2.59 during midday trading on Friday, hitting $30.18. The company had a trading volume of 1,937,844 shares, compared to its average volume of 1,038,740. The firm has a 50-day moving average price of $40.32 and a 200-day moving average price of $41.44. The company has a market capitalization of $4.75 billion, a PE ratio of 11.79, a P/E/G ratio of 0.66 and a beta of 1.43. The company has a current ratio of 3.08, a quick ratio of 2.08 and a debt-to-equity ratio of 0.08. Janus Henderson Group plc has a twelve month low of $29.63 and a twelve month high of $46.68.

Janus Henderson Group (NYSE:JHG - Get Free Report) last posted its quarterly earnings results on Friday, January 31st. The company reported $1.07 EPS for the quarter, beating analysts' consensus estimates 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 firm earned $0.82 earnings per share. As a group, analysts anticipate that Janus Henderson Group plc will post 3.75 earnings per share for the current fiscal year.

Janus Henderson Group Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, February 27th. Investors of record on Tuesday, February 11th were given a dividend of $0.39 per share. The ex-dividend date of this dividend was Tuesday, February 11th. This represents a $1.56 annualized dividend and a dividend yield of 5.17%. Janus Henderson Group's dividend payout ratio is 60.94%.

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.