Merit Financial Group LLC Buys Shares of 9,718 Janus Henderson Group plc (NYSE:JHG)

Merit Financial Group LLC bought a new position in Janus Henderson Group plc (NYSE:JHG - Free Report) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 9,718 shares of the company's stock, valued at approximately $413,000.

A number of other institutional investors have also recently bought and sold shares of JHG. Quarry LP boosted its holdings in shares of 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. Huntington National Bank boosted its holdings in Janus Henderson Group by 24.5% in the third quarter. Huntington National Bank now owns 1,219 shares of the company's stock valued at $46,000 after acquiring an additional 240 shares during the last quarter. Addison Advisors LLC grew its position in Janus Henderson Group by 103.4% during the third quarter. Addison Advisors LLC now owns 1,263 shares of the company's stock valued at $48,000 after acquiring an additional 642 shares during the period. Farther Finance Advisors LLC increased its stake in Janus Henderson Group by 70.6% during the third quarter. Farther Finance Advisors LLC now owns 1,390 shares of the company's stock worth $53,000 after acquiring an additional 575 shares during the last quarter. Finally, Abich Financial Wealth Management LLC raised its holdings in shares of Janus Henderson Group by 26.5% in the 2nd quarter. Abich Financial Wealth Management LLC now owns 1,797 shares of the company's stock worth $61,000 after purchasing an additional 377 shares during the period. 87.94% of the stock is currently owned by hedge funds and other institutional investors.

Janus Henderson Group Stock Down 0.2 %

JHG stock traded down $0.08 during midday trading on Friday, hitting $43.47. 921,589 shares of the company's stock were exchanged, compared to its average volume of 855,819. The firm has a 50 day moving average price of $43.44 and a 200-day moving average price of $39.84. Janus Henderson Group plc has a 12-month low of $28.52 and a 12-month high of $45.74. The stock has a market capitalization of $6.91 billion, a price-to-earnings ratio of 17.18, a price-to-earnings-growth ratio of 0.59 and a beta of 1.50. The company has a current ratio of 3.08, a quick ratio of 2.08 and a debt-to-equity ratio of 0.09.

Janus Henderson Group (NYSE:JHG - Get Free Report) last issued its quarterly earnings results on Thursday, October 31st. The company reported $0.91 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.80 by $0.11. The business had revenue of $624.80 million during the quarter, compared to analyst estimates of $600.88 million. Janus Henderson Group had a net margin of 17.33% and a return on equity of 11.49%. The business's revenue was up 19.9% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.64 earnings per share. On average, analysts anticipate that Janus Henderson Group plc will post 3.43 EPS for the current year.

Janus Henderson Group Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, November 27th. Investors of record on Wednesday, November 27th were issued a $0.39 dividend. This represents a $1.56 annualized dividend and a yield of 3.59%. The ex-dividend date was Wednesday, November 27th. Janus Henderson Group's dividend payout ratio is currently 61.66%.

Wall Street Analysts Forecast Growth

A number of analysts recently issued reports on the stock. Morgan Stanley increased 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 research report on Friday, December 20th. JPMorgan Chase & Co. cut their target price on shares of Janus Henderson Group from $45.00 to $44.00 and set a "neutral" rating on the stock in a research note on Tuesday, January 7th. Evercore ISI upped their price target on shares of Janus Henderson Group from $40.00 to $43.00 and gave the stock an "in-line" rating in a research report on Thursday, November 7th. Deutsche Bank Aktiengesellschaft boosted their price objective on Janus Henderson Group from $42.00 to $44.00 and gave the stock a "hold" rating in a research note on Monday, November 11th. Finally, UBS Group increased their target price on Janus Henderson Group from $37.00 to $41.00 and gave the company a "neutral" rating in a research note on Tuesday, October 22nd. Eight investment analysts have rated the stock with a hold rating and one has given a buy rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of "Hold" and an average target price of $44.75.

Janus Henderson Group Company 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.