Norges Bank Invests $83.53 Million in Janus Henderson Group plc (NYSE:JHG)

Norges Bank bought a new position in shares of Janus Henderson Group plc (NYSE:JHG - Free Report) in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 1,963,909 shares of the company's stock, valued at approximately $83,525,000. Norges Bank owned approximately 1.24% of Janus Henderson Group as of its most recent SEC filing.

A number of other hedge funds have also modified their holdings of JHG. Quarry LP boosted its stake in Janus Henderson Group by 203.6% during the third quarter. Quarry LP now owns 759 shares of the company's stock worth $29,000 after buying an additional 509 shares during the last quarter. UMB Bank n.a. raised its holdings in shares of Janus Henderson Group by 56.5% during the 4th quarter. UMB Bank n.a. now owns 787 shares of the company's stock worth $33,000 after acquiring an additional 284 shares during the period. Richardson Financial Services Inc. boosted its position 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 valued at $33,000 after acquiring an additional 363 shares during the last quarter. Larson Financial Group LLC boosted its position 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 valued at $48,000 after acquiring an additional 288 shares during the last quarter. Finally, EverSource Wealth Advisors LLC grew its holdings in shares of Janus Henderson Group by 48.7% in the fourth quarter. EverSource Wealth Advisors LLC now owns 1,872 shares of the company's stock valued at $80,000 after purchasing an additional 613 shares during the period. 87.94% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several equities analysts have weighed in on JHG shares. Bank of America upgraded shares of Janus Henderson Group from a "neutral" rating to a "buy" rating and decreased their target price for the company from $57.00 to $43.00 in a report on Thursday. UBS Group upgraded Janus Henderson Group from a "neutral" rating to a "buy" rating and upped their price objective for the company from $45.00 to $50.00 in a report on Monday, February 24th. StockNews.com cut Janus Henderson Group from a "buy" rating to a "hold" rating in a research note on Tuesday, March 25th. Wells Fargo & Company upped their price target on Janus Henderson Group from $43.00 to $46.00 and gave the company an "equal weight" rating in a research note on Monday, February 3rd. Finally, Morgan Stanley raised their price objective on 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. Six investment analysts have rated the stock with a hold rating and four have assigned a buy rating to the company's stock. According to data from MarketBeat, the stock presently has a consensus rating of "Hold" and a consensus target price of $46.44.

Janus Henderson Group Trading Down 1.9 %

NYSE:JHG traded down $0.58 on Monday, reaching $29.62. 2,975,975 shares of the company's stock were exchanged, compared to its average volume of 1,047,109. The firm has a market capitalization of $4.67 billion, a price-to-earnings ratio of 11.57, a price-to-earnings-growth ratio of 0.66 and a beta of 1.43. Janus Henderson Group plc has a 52-week low of $28.26 and a 52-week high of $46.68. The company has a quick ratio of 2.08, a current ratio of 3.08 and a debt-to-equity ratio of 0.08. The business has a fifty day moving average of $40.06 and a 200-day moving average of $41.40.

Janus Henderson Group (NYSE:JHG - Get Free Report) last announced its earnings results on Friday, January 31st. The company reported $1.07 earnings per share for the quarter, topping the consensus estimate 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 quarter in the prior year, the company posted $0.82 EPS. As a group, analysts expect that Janus Henderson Group plc will post 3.75 earnings per share for the current year.

Janus Henderson Group Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, February 27th. Shareholders of record on Tuesday, February 11th were issued a dividend of $0.39 per share. The ex-dividend date was Tuesday, February 11th. This represents a $1.56 annualized dividend and a yield of 5.27%. Janus Henderson Group's dividend payout ratio (DPR) 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.