Van ECK Associates Corp Has $4.35 Million Stock Holdings in Janus Henderson Group plc (NYSE:JHG)

Van ECK Associates Corp increased its position in Janus Henderson Group plc (NYSE:JHG - Free Report) by 35.2% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund owned 102,248 shares of the company's stock after buying an additional 26,603 shares during the period. Van ECK Associates Corp owned 0.06% of Janus Henderson Group worth $4,348,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently added to or reduced their stakes in JHG. CWM LLC increased its holdings in Janus Henderson Group by 158.3% in the third quarter. CWM LLC now owns 4,484 shares of the company's stock worth $171,000 after buying an additional 2,748 shares during the last quarter. Creative Planning grew its holdings in Janus Henderson Group by 10.7% during the third quarter. Creative Planning now owns 31,568 shares of the company's stock valued at $1,202,000 after purchasing an additional 3,044 shares during the last quarter. Blue Trust Inc. grew its holdings in Janus Henderson Group by 24.6% during the third quarter. Blue Trust Inc. now owns 2,236 shares of the company's stock valued at $85,000 after purchasing an additional 442 shares during the last quarter. Allspring Global Investments Holdings LLC grew its holdings in Janus Henderson Group by 339.4% during the third quarter. Allspring Global Investments Holdings LLC now owns 3,902 shares of the company's stock valued at $149,000 after purchasing an additional 3,014 shares during the last quarter. Finally, Precision Wealth Strategies LLC grew its holdings in Janus Henderson Group by 5.1% during the third quarter. Precision Wealth Strategies LLC now owns 12,143 shares of the company's stock valued at $462,000 after purchasing an additional 593 shares during the last quarter. Institutional investors and hedge funds own 87.94% of the company's stock.

Analysts Set New Price Targets

Several brokerages have commented on JHG. TD Cowen increased their price target on Janus Henderson Group from $46.00 to $50.00 and gave the company a "buy" rating in a report on Friday, November 1st. JPMorgan Chase & Co. upgraded Janus Henderson Group from a "neutral" rating to an "overweight" rating and increased their price target for the company from $44.00 to $53.00 in a report on Wednesday, February 5th. Morgan Stanley increased their price target on Janus Henderson Group from $46.00 to $48.00 and gave the company an "equal weight" rating in a report on Friday, December 20th. Deutsche Bank Aktiengesellschaft increased their price target on Janus Henderson Group from $42.00 to $44.00 and gave the company a "hold" rating in a report on Monday, November 11th. Finally, Evercore ISI increased their price objective on Janus Henderson Group from $40.00 to $43.00 and gave the company an "in-line" rating in a research report on Thursday, November 7th. Seven investment analysts have rated the stock with a hold rating and two have issued a buy rating to the stock. According to MarketBeat.com, Janus Henderson Group currently has an average rating of "Hold" and a consensus price target of $46.75.

Janus Henderson Group Stock Performance

Shares of JHG traded down $0.81 during mid-day trading on Friday, hitting $41.85. The company's stock had a trading volume of 816,603 shares, compared to its average volume of 939,068. Janus Henderson Group plc has a one year low of $30.35 and a one year high of $46.68. The company has a debt-to-equity ratio of 0.08, a quick ratio of 2.08 and a current ratio of 3.08. The firm has a market capitalization of $6.65 billion, a PE ratio of 16.35, a price-to-earnings-growth ratio of 0.67 and a beta of 1.50. The stock's 50-day moving average is $43.21 and its two-hundred day moving average is $40.97.

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

Janus Henderson Group Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, February 27th. Investors of record on Tuesday, February 11th will be given a $0.39 dividend. The ex-dividend date of this dividend is Tuesday, February 11th. This represents a $1.56 annualized dividend and a yield of 3.73%. Janus Henderson Group's dividend payout ratio (DPR) is currently 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.