Zurcher Kantonalbank Zurich Cantonalbank Raises Stake in Janus Henderson Group plc (NYSE:JHG)

Zurcher Kantonalbank Zurich Cantonalbank lifted its position in shares of Janus Henderson Group plc (NYSE:JHG - Free Report) by 77.4% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 52,378 shares of the company's stock after purchasing an additional 22,857 shares during the quarter. Zurcher Kantonalbank Zurich Cantonalbank's holdings in Janus Henderson Group were worth $2,228,000 at the end of the most recent reporting period.

A number of other institutional investors also recently modified their holdings of JHG. Assetmark Inc. raised its position in shares of Janus Henderson Group by 9.1% during the third quarter. Assetmark Inc. now owns 5,101 shares of the company's stock worth $194,000 after purchasing an additional 425 shares during the period. Atria Investments Inc raised its position in shares of Janus Henderson Group by 8.8% during the third quarter. Atria Investments Inc now owns 9,791 shares of the company's stock worth $373,000 after purchasing an additional 795 shares during the period. Victory Capital Management Inc. grew its holdings in Janus Henderson Group by 5.3% during the third quarter. Victory Capital Management Inc. now owns 17,167 shares of the company's stock worth $654,000 after buying an additional 857 shares in the last quarter. Huntington National Bank grew its holdings in Janus Henderson Group by 24.5% during the third quarter. Huntington National Bank now owns 1,219 shares of the company's stock worth $46,000 after buying an additional 240 shares in the last quarter. Finally, Mutual of America Capital Management LLC grew its holdings in Janus Henderson Group by 210.6% during the third quarter. Mutual of America Capital Management LLC now owns 228,276 shares of the company's stock worth $8,690,000 after buying an additional 154,778 shares in the last quarter. 87.94% of the stock is owned by institutional investors and hedge funds.

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Janus Henderson Group Stock Performance

NYSE:JHG traded down $0.20 during trading on Thursday, reaching $37.58. The company's stock had a trading volume of 809,391 shares, compared to its average volume of 993,381. The firm has a market cap of $5.92 billion, a price-to-earnings ratio of 14.68, a price-to-earnings-growth ratio of 0.66 and a beta of 1.49. 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 50 day moving average of $41.81 and a 200-day moving average of $41.46. Janus Henderson Group plc has a 12 month low of $30.35 and a 12 month high of $46.68.

Janus Henderson Group (NYSE:JHG - Get Free Report) last posted its quarterly 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 return on equity of 12.18% and a net margin of 16.38%. During the same quarter in the prior year, the business posted $0.82 earnings per share. Research analysts expect that Janus Henderson Group plc will post 3.75 EPS for the current fiscal year.

Janus Henderson Group Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Thursday, February 27th. Stockholders of record on Tuesday, February 11th were paid a dividend of $0.39 per share. The ex-dividend date was Tuesday, February 11th. This represents a $1.56 annualized dividend and a dividend yield of 4.15%. Janus Henderson Group's payout ratio is 60.94%.

Wall Street Analysts Forecast Growth

JHG has been the subject of several recent research reports. The Goldman Sachs Group upgraded Janus Henderson Group from a "sell" rating to a "neutral" rating and upped their price target for the stock from $42.00 to $45.00 in a report on Monday, January 6th. Morgan Stanley upped their price target on Janus Henderson Group from $46.00 to $48.00 and gave the stock an "equal weight" rating in a report on Friday, December 20th. JPMorgan Chase & Co. upgraded Janus Henderson Group from a "neutral" rating to an "overweight" rating and upped their price target for the stock from $44.00 to $53.00 in a report on Wednesday, February 5th. UBS Group upgraded 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 report on Monday, February 24th. Finally, Wells Fargo & Company upped their price target 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. Five research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. According to MarketBeat.com, Janus Henderson Group has a consensus rating of "Hold" and an average price target of $47.38.

Janus Henderson Group Company 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.