Foundry Partners LLC grew its holdings in shares of Janus Henderson Group plc (NYSE:JHG – Free Report) by 7.1% during the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 17,765 shares of the company’s stock after purchasing an additional 1,176 shares during the quarter. Foundry Partners LLC’s holdings in Janus Henderson Group were worth $756,000 as of its most recent filing with the Securities and Exchange Commission.
Several other hedge funds and other institutional investors have also made changes to their positions in JHG. Quarry LP increased its position in Janus Henderson Group by 203.6% in the 3rd quarter. Quarry LP now owns 759 shares of the company’s stock valued at $29,000 after acquiring an additional 509 shares during the period. UMB Bank n.a. increased its holdings in shares of Janus Henderson Group by 56.5% during the fourth quarter. UMB Bank n.a. now owns 787 shares of the company’s stock valued at $33,000 after purchasing an additional 284 shares during the period. Richardson Financial Services Inc. raised its stake 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 valued at $33,000 after purchasing an additional 363 shares in the last quarter. Larson Financial Group LLC lifted its holdings in Janus Henderson Group by 33.9% in the fourth quarter. Larson Financial Group LLC now owns 1,137 shares of the company’s stock worth $48,000 after purchasing an additional 288 shares during the period. Finally, EverSource Wealth Advisors LLC grew its position in Janus Henderson Group by 48.7% in the 4th quarter. EverSource Wealth Advisors LLC now owns 1,872 shares of the company’s stock valued at $80,000 after buying an additional 613 shares in the last quarter. 87.94% of the stock is currently owned by institutional investors and hedge funds.
Wall Street Analysts Forecast Growth
A number of analysts have commented on JHG shares. StockNews.com downgraded shares of Janus Henderson Group from a “buy” rating to a “hold” rating in a research report on Tuesday, March 25th. Wells Fargo & Company upped their target price on Janus Henderson Group from $43.00 to $46.00 and gave the stock an “equal weight” rating in a research report on Monday, February 3rd. JPMorgan Chase & Co. upgraded Janus Henderson Group from a “neutral” rating to an “overweight” rating and lifted their price target for the company from $44.00 to $53.00 in a research report on Wednesday, February 5th. Bank of America upgraded Janus Henderson Group from a “neutral” rating to a “buy” rating and cut their price objective for the company from $57.00 to $43.00 in a report on Thursday. Finally, UBS Group raised Janus Henderson Group from a “neutral” rating to a “buy” rating and lifted their target price for the stock from $45.00 to $50.00 in a report on Monday, February 24th. Six analysts have rated the stock with a hold rating and four have issued a buy rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus target price of $46.44.
Janus Henderson Group Trading Down 7.9 %
Shares of JHG opened at $30.18 on Friday. 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 plc has a 1-year low of $29.63 and a 1-year high of $46.68. The stock has a market capitalization of $4.75 billion, a P/E ratio of 11.79, a P/E/G ratio of 0.66 and a beta of 1.43. The business’s 50-day moving average price is $40.32 and its 200 day moving average price is $41.41.
Janus Henderson Group (NYSE:JHG – Get Free Report) last released its quarterly earnings results 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 net margin of 16.38% and a return on equity of 12.18%. During the same quarter last year, the company earned $0.82 EPS. Analysts expect that Janus Henderson Group plc will post 3.75 earnings per share for the current year.
Janus Henderson Group Dividend Announcement
The firm also recently announced a quarterly dividend, which was paid on Thursday, February 27th. Stockholders 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 dividend yield of 5.17%. Janus Henderson Group’s dividend payout ratio (DPR) is presently 60.94%.
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.
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