LPL Financial LLC Boosts Stock Holdings in Janus Henderson Group plc (NYSE:JHG)

LPL Financial LLC grew its holdings in Janus Henderson Group plc (NYSE:JHG - Free Report) by 53.4% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 166,748 shares of the company's stock after purchasing an additional 58,028 shares during the period. LPL Financial LLC owned about 0.10% of Janus Henderson Group worth $7,092,000 as of its most recent SEC filing.

Several other hedge funds have also recently modified their holdings of the business. KBC Group NV lifted its position in Janus Henderson Group by 63.6% during the fourth quarter. KBC Group NV now owns 4,546 shares of the company's stock valued at $193,000 after purchasing an additional 1,768 shares during the period. Mirae Asset Global Investments Co. Ltd. lifted its holdings in shares of Janus Henderson Group by 17.8% during the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 92,218 shares of the company's stock valued at $3,977,000 after buying an additional 13,942 shares during the period. Merit Financial Group LLC bought a new position in shares of Janus Henderson Group during the 4th quarter valued at $413,000. Delphi Management Inc. MA purchased a new position in shares of Janus Henderson Group in the 4th quarter worth $1,419,000. Finally, Nordea Investment Management AB grew its holdings in shares of Janus Henderson Group by 6.9% in the fourth quarter. Nordea Investment Management AB now owns 233,601 shares of the company's stock worth $9,979,000 after acquiring an additional 14,996 shares during the period. Hedge funds and other institutional investors own 87.94% of the company's stock.

Janus Henderson Group Price Performance

Shares of JHG stock traded up $0.14 on Friday, hitting $30.58. 1,947,218 shares of the stock traded hands, compared to its average volume of 1,074,499. The company has a debt-to-equity ratio of 0.08, a current ratio of 3.08 and a quick ratio of 2.08. Janus Henderson Group plc has a 52 week low of $28.26 and a 52 week high of $46.68. The firm has a 50 day simple moving average of $38.50 and a two-hundred day simple moving average of $41.06. The firm has a market cap of $4.82 billion, a price-to-earnings ratio of 11.94, a PEG ratio of 0.66 and a beta of 1.43.

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 quarter in the previous year, the firm earned $0.82 EPS. As a group, equities research analysts predict that Janus Henderson Group plc will post 3.75 earnings per share for the current fiscal year.

Janus Henderson Group Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, February 27th. Investors of record on Tuesday, February 11th were paid a dividend of $0.39 per share. This represents a $1.56 annualized dividend and a yield of 5.10%. The ex-dividend date of this dividend was Tuesday, February 11th. Janus Henderson Group's dividend payout ratio (DPR) is presently 60.94%.

Wall Street Analyst Weigh In

JHG has been the topic of several research reports. UBS Group raised Janus Henderson Group from a "neutral" rating to a "buy" rating and raised their target price for the stock from $45.00 to $50.00 in a research report on Monday, February 24th. StockNews.com downgraded shares of Janus Henderson Group from a "buy" rating to a "hold" rating in a report on Tuesday, March 25th. Bank of America upgraded shares of Janus Henderson Group from a "neutral" rating to a "buy" rating and cut their target price for the company from $57.00 to $43.00 in a research report on Thursday, April 3rd. The Goldman Sachs Group decreased 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 research report on Thursday, April 3rd. Finally, JPMorgan Chase & Co. raised shares of Janus Henderson Group from a "neutral" rating to an "overweight" rating and boosted their price objective for the company from $44.00 to $53.00 in a research report on Wednesday, February 5th. Six 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 stock presently has a consensus rating of "Hold" and an average price target of $44.22.

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.