KLP Kapitalforvaltning AS Acquires New Holdings in Janus Henderson Group plc (NYSE:JHG)

KLP Kapitalforvaltning AS bought a new stake in shares of Janus Henderson Group plc (NYSE:JHG - Free Report) during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm bought 26,400 shares of the company's stock, valued at approximately $1,123,000.

Several other institutional investors and hedge funds have also recently modified their holdings of JHG. US Bancorp DE grew its holdings in Janus Henderson Group by 2.3% in the fourth quarter. US Bancorp DE now owns 11,003 shares of the company's stock valued at $468,000 after purchasing an additional 243 shares during the period. Avantax Advisory Services Inc. lifted its position in shares of Janus Henderson Group by 4.4% during the 4th quarter. Avantax Advisory Services Inc. now owns 6,356 shares of the company's stock valued at $270,000 after buying an additional 270 shares in the last quarter. UMB Bank n.a. grew its stake in Janus Henderson Group by 56.5% in the 4th quarter. UMB Bank n.a. now owns 787 shares of the company's stock valued at $33,000 after acquiring an additional 284 shares during the period. Callan Capital LLC increased its holdings in Janus Henderson Group by 5.3% in the 4th quarter. Callan Capital LLC now owns 5,741 shares of the company's stock worth $244,000 after acquiring an additional 287 shares in the last quarter. Finally, Larson Financial Group LLC raised its position in Janus Henderson Group by 33.9% during the fourth 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 period. Hedge funds and other institutional investors own 87.94% of the company's stock.

Wall Street Analysts Forecast Growth

Several analysts have recently issued reports on JHG shares. The Goldman Sachs Group dropped their target price on shares of Janus Henderson Group from $47.00 to $41.00 and set a "neutral" rating on the stock in a research report on Thursday. StockNews.com cut Janus Henderson Group from a "buy" rating to a "hold" rating in a report on Tuesday, March 25th. UBS Group raised Janus Henderson Group from a "neutral" rating to a "buy" rating and increased their target price for the company from $45.00 to $50.00 in a report on Monday, February 24th. Wells Fargo & Company raised their target price on Janus Henderson Group from $43.00 to $46.00 and gave the company an "equal weight" rating in a research report on Monday, February 3rd. Finally, Bank of America upgraded Janus Henderson Group from a "neutral" rating to a "buy" rating and dropped their price target for the stock from $57.00 to $43.00 in a research report on Thursday. Six investment 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, Janus Henderson Group has a consensus rating of "Hold" and an average target price of $46.44.

Janus Henderson Group Trading Down 7.9 %

NYSE:JHG traded down $2.59 during trading hours on Friday, hitting $30.18. The company had a trading volume of 1,937,844 shares, compared to its average volume of 1,038,256. Janus Henderson Group plc has a 1 year low of $29.64 and a 1 year high of $46.68. The company has a market cap of $4.75 billion, a P/E ratio of 11.79, a P/E/G ratio of 0.66 and a beta of 1.43. The company has a 50-day moving average of $40.32 and a 200 day moving average of $41.41. 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 (NYSE:JHG - Get Free Report) last announced its quarterly earnings data on Friday, January 31st. The company reported $1.07 earnings per share (EPS) for the quarter, beating 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 period last year, the company earned $0.82 earnings per share. Sell-side analysts expect that Janus Henderson Group plc will post 3.75 earnings per share for the current year.

Janus Henderson Group Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Thursday, February 27th. Stockholders of record on Tuesday, February 11th were issued a dividend of $0.39 per share. 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 5.17%. Janus Henderson Group's dividend payout ratio is currently 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.