Jupiter Asset Management Ltd. Sells 108,400 Shares of Janus Henderson Group plc (NYSE:JHG)

Jupiter Asset Management Ltd. trimmed its stake in shares of Janus Henderson Group plc (NYSE:JHG - Free Report) by 13.9% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 670,205 shares of the company's stock after selling 108,400 shares during the period. Jupiter Asset Management Ltd. owned about 0.42% of Janus Henderson Group worth $28,504,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also modified their holdings of the stock. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its holdings in shares of 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 in the last quarter. Allianz Asset Management GmbH lifted 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 worth $81,969,000 after acquiring an additional 473,143 shares in the last quarter. Principal Financial Group Inc. lifted its stake 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. boosted its position in Janus Henderson Group by 1,490.0% during the 4th 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 3rd quarter valued at about $8,029,000. Institutional investors and hedge funds own 87.94% of the company's stock.

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Analyst Upgrades and Downgrades

Several research firms recently commented on JHG. Wells Fargo & Company raised 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 report on Monday, February 3rd. StockNews.com raised shares of Janus Henderson Group from a "hold" rating to a "buy" rating in a research note on Monday, March 3rd. The Goldman Sachs Group upgraded shares of Janus Henderson Group from a "sell" rating to a "neutral" rating and boosted their price target for the company from $42.00 to $45.00 in a report on Monday, January 6th. JPMorgan Chase & Co. upgraded Janus Henderson Group from a "neutral" rating to an "overweight" rating and increased their price objective for the stock from $44.00 to $53.00 in a report on Wednesday, February 5th. Finally, UBS Group raised Janus Henderson Group from a "neutral" rating to a "buy" rating and lifted their price objective for the company from $45.00 to $50.00 in a research report on Monday, February 24th. Five research analysts have rated the stock with a hold rating and four have issued a buy rating to the company's stock. According to data from MarketBeat.com, the stock has an average rating of "Hold" and an average target price of $47.38.

Janus Henderson Group Stock Up 2.7 %

Janus Henderson Group stock traded up $0.98 during mid-day trading on Friday, hitting $37.34. 608,695 shares of the company's stock were exchanged, compared to its average volume of 1,122,671. Janus Henderson Group plc has a 1-year low of $30.35 and a 1-year high of $46.68. The stock has a 50 day moving average of $42.23 and a two-hundred day moving average of $41.42. The company has a current ratio of 3.08, a quick ratio of 2.08 and a debt-to-equity ratio of 0.08. The stock has a market cap of $5.88 billion, a P/E ratio of 14.59, a P/E/G ratio of 0.66 and a beta of 1.49.

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

Janus Henderson Group Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, February 27th. Stockholders of record on Tuesday, February 11th were paid a $0.39 dividend. The ex-dividend date of this dividend was Tuesday, February 11th. This represents a $1.56 dividend on an annualized basis and a dividend yield of 4.18%. Janus Henderson Group's payout ratio is presently 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.