Renaissance Group LLC Acquires Shares of 127,902 Janus Henderson Group plc (NYSE:JHG)

Renaissance Group LLC purchased a new stake in Janus Henderson Group plc (NYSE:JHG - Free Report) in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund purchased 127,902 shares of the company's stock, valued at approximately $5,440,000. Renaissance Group LLC owned approximately 0.08% of Janus Henderson Group at the end of the most recent quarter.

Several other institutional investors have also recently made changes to their positions in the stock. Vanguard Group Inc. increased its position in Janus Henderson Group by 1.5% in the 4th quarter. Vanguard Group Inc. now owns 14,148,813 shares of the company's stock valued at $601,749,000 after buying an additional 203,330 shares in the last quarter. Charles Schwab Investment Management Inc. grew its stake in Janus Henderson Group by 3.3% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 4,593,441 shares of the company's stock valued at $195,359,000 after acquiring an additional 147,362 shares during the period. Geode Capital Management LLC increased its holdings in shares of Janus Henderson Group by 0.6% during the third quarter. Geode Capital Management LLC now owns 2,124,618 shares of the company's stock valued at $80,907,000 after acquiring an additional 12,884 shares in the last quarter. Principal Financial Group Inc. increased its holdings in shares of Janus Henderson Group by 28.9% during the third quarter. Principal Financial Group Inc. now owns 2,081,630 shares of the company's stock valued at $79,248,000 after acquiring an additional 467,049 shares in the last quarter. Finally, Norges Bank acquired a new position in shares of Janus Henderson Group during the fourth quarter worth approximately $83,525,000. Institutional investors and hedge funds own 87.94% of the company's stock.

Janus Henderson Group Stock Performance

Shares of JHG stock traded up $0.14 during trading on Friday, hitting $30.58. The company's stock had a trading volume of 1,947,218 shares, compared to its average volume of 1,076,094. The company has a current ratio of 3.08, a quick ratio of 2.08 and a debt-to-equity ratio of 0.08. The company has a market cap of $4.82 billion, a PE ratio of 11.94, a P/E/G ratio of 0.66 and a beta of 1.43. The business has a fifty day moving average of $38.50 and a 200-day moving average of $41.08. Janus Henderson Group plc has a 52 week low of $28.26 and a 52 week high of $46.68.

Janus Henderson Group (NYSE:JHG - Get Free Report) last announced its quarterly earnings data on Friday, January 31st. The company reported $1.07 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.94 by $0.13. Janus Henderson Group had a return on equity of 12.18% and a net margin of 16.38%. During the same period in the prior year, the firm posted $0.82 earnings per share. As a group, research analysts anticipate that Janus Henderson Group plc will post 3.75 earnings per share for the current year.

Janus Henderson Group Dividend Announcement

The business 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 was Tuesday, February 11th. This represents a $1.56 dividend on an annualized basis and a yield of 5.10%. Janus Henderson Group's dividend payout ratio (DPR) is presently 60.94%.

Analyst Upgrades and Downgrades

Several analysts recently issued reports on JHG shares. UBS Group raised shares of Janus Henderson Group from a "neutral" rating to a "buy" rating and lifted their price target for the company from $45.00 to $50.00 in a research report on Monday, February 24th. Morgan Stanley lifted their price objective on shares of Janus Henderson Group from $46.00 to $48.00 and gave the company an "equal weight" rating in a report on Friday, December 20th. The Goldman Sachs Group lowered their target price on shares of Janus Henderson Group from $47.00 to $41.00 and set a "neutral" rating on the stock in a report on Thursday, April 3rd. Evercore ISI cut their price target on Janus Henderson Group from $44.00 to $33.00 and set an "in-line" rating for the company in a research note on Friday. Finally, Wells Fargo & Company lowered their price objective on Janus Henderson Group from $46.00 to $36.00 and set an "equal weight" rating for the company in a research note on Tuesday, April 8th. Six research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. According to MarketBeat.com, the company currently has an average rating of "Hold" and a consensus price target of $44.22.

About Janus Henderson Group

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.