Vanguard Group Inc. boosted its holdings in shares of Janus Henderson Group plc (NYSE:JHG - Free Report) by 1.5% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 14,148,813 shares of the company's stock after acquiring an additional 203,330 shares during the period. Vanguard Group Inc. owned about 8.90% of Janus Henderson Group worth $601,749,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Other institutional investors have also added to or reduced their stakes in the company. LPL Financial LLC raised its position in shares of Janus Henderson Group by 53.4% in the 4th quarter. LPL Financial LLC now owns 166,748 shares of the company's stock worth $7,092,000 after acquiring an additional 58,028 shares in the last quarter. Fox Run Management L.L.C. grew its stake in Janus Henderson Group by 41.3% in the fourth quarter. Fox Run Management L.L.C. now owns 39,706 shares of the company's stock valued at $1,689,000 after purchasing an additional 11,615 shares during the last quarter. KLP Kapitalforvaltning AS bought a new position in Janus Henderson Group in the fourth quarter worth about $1,123,000. Hillsdale Investment Management Inc. raised its holdings in Janus Henderson Group by 6.3% in the fourth quarter. Hillsdale Investment Management Inc. now owns 20,100 shares of the company's stock worth $855,000 after purchasing an additional 1,200 shares in the last quarter. Finally, Sei Investments Co. lifted its position in shares of Janus Henderson Group by 37.5% during the fourth quarter. Sei Investments Co. now owns 107,977 shares of the company's stock valued at $4,593,000 after buying an additional 29,437 shares during the last quarter. Hedge funds and other institutional investors own 87.94% of the company's stock.
Analyst Ratings Changes
Several research firms recently commented on JHG. Bank of America upgraded shares of Janus Henderson Group from a "neutral" rating to a "buy" rating and reduced their price objective for the stock from $57.00 to $43.00 in a research note on Thursday. UBS Group raised Janus Henderson Group from a "neutral" rating to a "buy" rating and upped their price target for the stock from $45.00 to $50.00 in a research report on Monday, February 24th. JPMorgan Chase & Co. raised Janus Henderson Group from a "neutral" rating to an "overweight" rating and raised their price objective for the stock from $44.00 to $53.00 in a research report on Wednesday, February 5th. Wells Fargo & Company upped their target price on Janus Henderson Group from $43.00 to $46.00 and gave the company an "equal weight" rating in a research report on Monday, February 3rd. Finally, StockNews.com downgraded Janus Henderson Group from a "buy" rating to a "hold" rating in a report on Tuesday, March 25th. Six equities research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of "Hold" and an average target price of $46.44.
Get Our Latest Stock Report on JHG
Janus Henderson Group Stock Performance
Shares of Janus Henderson Group stock traded down $2.59 during trading on Friday, hitting $30.18. 1,937,844 shares of the company's stock were exchanged, compared to its average volume of 1,038,740. The stock has a market capitalization of $4.75 billion, a price-to-earnings ratio of 11.79, a PEG ratio of 0.66 and a beta of 1.43. The business has a 50-day simple moving average of $40.32 and a 200-day simple moving average of $41.44. Janus Henderson Group plc has a 52-week low of $29.63 and a 52-week 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.
Janus Henderson Group (NYSE:JHG - Get Free Report) last released its quarterly earnings data on Friday, January 31st. The company reported $1.07 earnings per share 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 quarter last year, the company posted $0.82 earnings per share. On average, research analysts forecast that Janus Henderson Group plc will post 3.75 EPS for the current year.
Janus Henderson Group Dividend Announcement
The business also recently disclosed a quarterly dividend, which was paid on Thursday, February 27th. Shareholders of record on Tuesday, February 11th were given a $0.39 dividend. The ex-dividend date of this dividend was Tuesday, February 11th. This represents a $1.56 annualized dividend and a yield of 5.17%. Janus Henderson Group's dividend payout ratio is presently 60.94%.
About Janus Henderson Group
(
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.
Further Reading
Before you consider Janus Henderson Group, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Janus Henderson Group wasn't on the list.
While Janus Henderson Group currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Wondering where to start (or end) with AI stocks? These 10 simple stocks can help investors build long-term wealth as artificial intelligence continues to grow into the future.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
