Principal Financial Group Inc. Has $79.25 Million Stock Holdings in Janus Henderson Group plc (NYSE:JHG)

Principal Financial Group Inc. increased its stake in Janus Henderson Group plc (NYSE:JHG - Free Report) by 28.9% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 2,081,630 shares of the company's stock after purchasing an additional 467,049 shares during the period. Principal Financial Group Inc. owned approximately 1.31% of Janus Henderson Group worth $79,248,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also recently added to or reduced their stakes in the company. Nisa Investment Advisors LLC raised its position in Janus Henderson Group by 257.8% in the 2nd quarter. Nisa Investment Advisors LLC now owns 22,900 shares of the company's stock valued at $772,000 after buying an additional 16,500 shares during the last quarter. Miller Howard Investments Inc. NY boosted its holdings in Janus Henderson Group by 2.4% during the second quarter. Miller Howard Investments Inc. NY now owns 11,928 shares of the company's stock worth $402,000 after purchasing an additional 282 shares during the last quarter. 1834 Investment Advisors Co. increased its stake in Janus Henderson Group by 2.9% in the 2nd quarter. 1834 Investment Advisors Co. now owns 98,305 shares of the company's stock valued at $3,314,000 after buying an additional 2,743 shares during the last quarter. Zurcher Kantonalbank Zurich Cantonalbank lifted its position in Janus Henderson Group by 17.7% during the 2nd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 29,521 shares of the company's stock worth $995,000 after buying an additional 4,442 shares in the last quarter. Finally, WBI Investments LLC lifted its position in Janus Henderson Group by 259.8% during the 2nd quarter. WBI Investments LLC now owns 91,949 shares of the company's stock worth $3,100,000 after buying an additional 66,393 shares in the last quarter. Institutional investors own 87.94% of the company's stock.

Janus Henderson Group Price Performance

Shares of Janus Henderson Group stock traded up $0.85 during midday trading on Friday, hitting $42.55. 3,184,668 shares of the company traded hands, compared to its average volume of 1,035,667. The stock has a market cap of $6.77 billion, a price-to-earnings ratio of 16.82, a PEG ratio of 0.62 and a beta of 1.48. The company has a debt-to-equity ratio of 0.09, a quick ratio of 2.08 and a current ratio of 3.08. The firm's fifty day moving average price is $43.07 and its 200-day moving average price is $38.39. Janus Henderson Group plc has a 12 month low of $28.19 and a 12 month high of $45.74.

Janus Henderson Group (NYSE:JHG - Get Free Report) last posted its earnings results on Thursday, October 31st. The company reported $0.91 earnings per share for the quarter, topping analysts' consensus estimates of $0.80 by $0.11. Janus Henderson Group had a net margin of 17.33% and a return on equity of 11.49%. The firm had revenue of $624.80 million for the quarter, compared to analysts' expectations of $600.88 million. During the same quarter in the previous year, the firm posted $0.64 earnings per share. The company's revenue was up 19.9% on a year-over-year basis. As a group, sell-side analysts forecast that Janus Henderson Group plc will post 3.43 earnings per share for the current year.

Janus Henderson Group Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Wednesday, November 27th. Stockholders of record on Wednesday, November 27th were paid a dividend of $0.39 per share. This represents a $1.56 dividend on an annualized basis and a dividend yield of 3.67%. The ex-dividend date was Wednesday, November 27th. Janus Henderson Group's payout ratio is 61.66%.

Analyst Ratings Changes

A number of analysts recently issued reports on JHG shares. Wells Fargo & Company lifted their target price on Janus Henderson Group from $41.00 to $45.00 and gave the company an "equal weight" rating in a research report on Thursday, December 12th. UBS Group raised their target price on shares of Janus Henderson Group from $37.00 to $41.00 and gave the company a "neutral" rating in a research note on Tuesday, October 22nd. TD Cowen lifted their target price on Janus Henderson Group from $46.00 to $50.00 and gave the stock a "buy" rating in a research note on Friday, November 1st. The Goldman Sachs Group increased their price objective on shares of Janus Henderson Group from $36.00 to $37.00 and gave the company a "sell" rating in a research report on Thursday, October 3rd. Finally, Evercore ISI lifted their price target on Janus Henderson Group from $40.00 to $43.00 and gave the stock an "in-line" rating in a report on Thursday, November 7th. One investment analyst has rated the stock with a sell rating, seven have assigned a hold rating and one has issued a buy rating to the company's stock. According to MarketBeat.com, the stock currently has an average rating of "Hold" and an average target price of $43.38.

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.