Proficio Capital Partners LLC Acquires Shares of 23,434 Janus Henderson Group plc (NYSE:JHG)

Proficio Capital Partners LLC acquired a new stake in shares of Janus Henderson Group plc (NYSE:JHG - Free Report) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 23,434 shares of the company's stock, valued at approximately $997,000.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Los Angeles Capital Management LLC raised its stake in shares of Janus Henderson Group by 53.5% in the fourth quarter. Los Angeles Capital Management LLC now owns 223,684 shares of the company's stock worth $9,513,000 after purchasing an additional 78,004 shares during the last quarter. Bank of New York Mellon Corp lifted its stake in Janus Henderson Group by 3.1% during the 4th quarter. Bank of New York Mellon Corp now owns 1,064,556 shares of the company's stock valued at $45,276,000 after acquiring an additional 32,346 shares in the last quarter. J. W. Coons Advisors LLC boosted its holdings in Janus Henderson Group by 13.9% during the 4th quarter. J. W. Coons Advisors LLC now owns 9,561 shares of the company's stock worth $407,000 after acquiring an additional 1,164 shares during the last quarter. Y Intercept Hong Kong Ltd raised its holdings in shares of Janus Henderson Group by 439.4% in the fourth quarter. Y Intercept Hong Kong Ltd now owns 29,501 shares of the company's stock valued at $1,255,000 after purchasing an additional 24,032 shares during the last quarter. Finally, Callan Capital LLC raised its holdings in shares of Janus Henderson Group by 5.3% in the fourth quarter. Callan Capital LLC now owns 5,741 shares of the company's stock valued at $244,000 after purchasing an additional 287 shares during the last quarter. 87.94% of the stock is owned by institutional investors.

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Analysts Set New Price Targets

JHG has been the topic of a number of research analyst reports. Wells Fargo & Company boosted their target price on Janus Henderson Group from $43.00 to $46.00 and gave the stock an "equal weight" rating in a research note on Monday, February 3rd. Deutsche Bank Aktiengesellschaft increased their price target on shares of Janus Henderson Group from $42.00 to $44.00 and gave the company a "hold" rating in a research report on Monday, November 11th. UBS Group raised shares of 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 research report on Monday, February 24th. The Goldman Sachs Group upgraded Janus Henderson Group from a "sell" rating to a "neutral" rating and upped their price objective for the company from $42.00 to $45.00 in a research note on Monday, January 6th. Finally, JPMorgan Chase & Co. upgraded Janus Henderson Group from a "neutral" rating to an "overweight" rating and boosted their target price for the company from $44.00 to $53.00 in a research note on Wednesday, February 5th. Five research 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.com, the company currently has a consensus rating of "Hold" and an average target price of $47.38.

Janus Henderson Group Price Performance

Shares of JHG traded up $1.59 during midday trading on Tuesday, hitting $37.74. 2,877,500 shares of the company traded hands, compared to its average volume of 1,125,596. The stock has a 50-day moving average of $42.56 and a 200-day moving average of $41.48. Janus Henderson Group plc has a one year low of $30.35 and a one year high of $46.68. The firm has a market cap of $5.95 billion, a P/E ratio of 14.74, a PEG ratio of 0.66 and a beta of 1.49. 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 (NYSE:JHG - Get Free Report) last released its quarterly earnings results on Friday, January 31st. The company reported $1.07 EPS for the quarter, topping 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 in the previous year, the firm posted $0.82 earnings per share. As a group, sell-side analysts predict that Janus Henderson Group plc will post 3.75 EPS for the current fiscal year.

Janus Henderson Group Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, February 27th. Investors 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 4.13%. Janus Henderson Group's dividend payout ratio 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.