Prudential Financial Inc. lowered its holdings in Janus Henderson Group plc (NYSE:JHG - Free Report) by 2.2% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 646,703 shares of the company's stock after selling 14,638 shares during the quarter. Prudential Financial Inc. owned 0.41% of Janus Henderson Group worth $27,504,000 at the end of the most recent quarter.
Several other hedge funds have also recently added to or reduced their stakes in JHG. Quarry LP increased its position in shares of Janus Henderson Group by 203.6% during the 3rd quarter. Quarry LP now owns 759 shares of the company's stock worth $29,000 after purchasing an additional 509 shares in the last quarter. Richardson Financial Services Inc. increased its holdings in shares of Janus Henderson Group by 89.4% during the fourth quarter. Richardson Financial Services Inc. now owns 769 shares of the company's stock worth $33,000 after buying an additional 363 shares in the last quarter. UMB Bank n.a. raised its stake in shares of Janus Henderson Group by 56.5% in the fourth quarter. UMB Bank n.a. now owns 787 shares of the company's stock valued at $33,000 after acquiring an additional 284 shares during the last quarter. Larson Financial Group LLC raised its stake in shares of Janus Henderson Group by 33.9% in the fourth 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 position in Janus Henderson Group by 48.7% during the 4th quarter. EverSource Wealth Advisors LLC now owns 1,872 shares of the company's stock worth $80,000 after acquiring an additional 613 shares during the last quarter. Institutional investors and hedge funds own 87.94% of the company's stock.
Janus Henderson Group Trading Up 0.5 %
Shares of NYSE:JHG traded up $0.19 during mid-day trading on Monday, reaching $36.17. The stock had a trading volume of 1,932,189 shares, compared to its average volume of 1,034,888. The firm has a 50 day simple moving average of $41.07 and a two-hundred day simple moving average of $41.55. Janus Henderson Group plc has a twelve month low of $30.35 and a twelve month high of $46.68. The firm has a market cap of $5.70 billion, a PE ratio of 14.13, a price-to-earnings-growth ratio of 0.66 and a beta of 1.49. The company has a current ratio of 3.08, a quick ratio of 2.08 and a debt-to-equity ratio of 0.08.
Janus Henderson Group (NYSE:JHG - Get Free Report) last posted 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 period last year, the firm earned $0.82 EPS. On average, research analysts predict that Janus Henderson Group plc will post 3.75 EPS for the current fiscal year.
Janus Henderson Group Dividend Announcement
The firm also recently declared a quarterly dividend, which was paid on Thursday, February 27th. Shareholders of record on Tuesday, February 11th were issued a $0.39 dividend. The ex-dividend date was Tuesday, February 11th. This represents a $1.56 annualized dividend and a dividend yield of 4.31%. Janus Henderson Group's dividend payout ratio (DPR) is currently 60.94%.
Wall Street Analysts Forecast Growth
Several research analysts have issued reports on JHG shares. Wells Fargo & Company upped their price objective on Janus Henderson Group from $43.00 to $46.00 and gave the stock an "equal weight" rating in a report on Monday, February 3rd. Morgan Stanley upped their price target on Janus Henderson Group from $46.00 to $48.00 and gave the company an "equal weight" rating in a research note on Friday, December 20th. The Goldman Sachs Group upgraded Janus Henderson Group from a "sell" rating to a "neutral" rating and lifted their price objective for the stock from $42.00 to $45.00 in a research report on Monday, January 6th. UBS Group upgraded shares of Janus Henderson Group from a "neutral" rating to a "buy" rating and upped their target price for the company from $45.00 to $50.00 in a research report on Monday, February 24th. Finally, JPMorgan Chase & Co. upgraded shares of Janus Henderson Group from a "neutral" rating to an "overweight" rating and lifted their price target for the stock from $44.00 to $53.00 in a research report on Wednesday, February 5th. Six investment analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of "Hold" and a consensus target price of $47.38.
Read Our Latest Stock Analysis on JHG
Janus Henderson Group Company Profile
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Free Report)
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.
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