Lighthouse Investment Partners LLC Takes Position in Janus Henderson Group plc (NYSE:JHG)

Lighthouse Investment Partners LLC purchased a new stake in Janus Henderson Group plc (NYSE:JHG - Free Report) in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund purchased 114,766 shares of the company's stock, valued at approximately $4,881,000. Lighthouse Investment Partners LLC owned 0.07% of Janus Henderson Group at the end of the most recent reporting period.

Several other hedge funds have also modified their holdings of JHG. UMB Bank n.a. boosted its holdings in shares of Janus Henderson Group by 56.5% in the 4th 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 last quarter. Richardson Financial Services Inc. grew its position in 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 acquiring an additional 363 shares during the period. Larson Financial Group LLC grew its position in Janus Henderson Group by 33.9% during the fourth quarter. Larson Financial Group LLC now owns 1,137 shares of the company's stock valued at $48,000 after acquiring an additional 288 shares during the period. Bessemer Group Inc. raised its holdings in shares of Janus Henderson Group by 825.2% in the 4th quarter. Bessemer Group Inc. now owns 1,286 shares of the company's stock worth $55,000 after purchasing an additional 1,147 shares during the period. Finally, EverSource Wealth Advisors LLC lifted its stake in shares of 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 purchasing an additional 613 shares in the last quarter. 87.94% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several research firms have recently issued reports on JHG. JPMorgan Chase & Co. raised shares of Janus Henderson Group from a "neutral" rating to an "overweight" rating and increased their price objective for the stock from $44.00 to $53.00 in a research report on Wednesday, February 5th. StockNews.com downgraded Janus Henderson Group from a "buy" rating to a "hold" rating in a research report on Tuesday, March 25th. Evercore ISI increased their price objective on shares of Janus Henderson Group from $33.00 to $35.00 and gave the company an "in-line" rating in a research report on Friday, May 2nd. Morgan Stanley upped their target price on shares of Janus Henderson Group from $32.00 to $33.00 and gave the company an "equal weight" rating in a research note on Tuesday, May 6th. Finally, Wells Fargo & Company cut their price objective on shares of Janus Henderson Group from $46.00 to $36.00 and set an "equal weight" rating on the stock in a report on Tuesday, April 8th. Six research analysts have rated the stock with a hold rating and five have issued a buy rating to the company. According to MarketBeat, Janus Henderson Group has a consensus rating of "Hold" and an average price target of $42.78.

Janus Henderson Group Stock Up 0.8%

NYSE JHG traded up $0.32 during trading hours on Friday, reaching $38.72. 1,622,923 shares of the company traded hands, compared to its average volume of 1,124,595. The company has a 50 day moving average of $34.51 and a two-hundred day moving average of $40.17. Janus Henderson Group plc has a 12 month low of $28.26 and a 12 month high of $46.68. The stock has a market capitalization of $6.10 billion, a PE ratio of 15.12, a PEG ratio of 0.66 and a beta of 1.46. 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 (NYSE:JHG - Get Free Report) last issued its earnings results on Thursday, May 1st. The company reported $0.79 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.72 by $0.07. Janus Henderson Group had a net margin of 16.38% and a return on equity of 12.18%. The firm had revenue of $621.40 million for the quarter, compared to analysts' expectations of $623.56 million. During the same quarter last year, the company posted $0.71 earnings per share. Janus Henderson Group's revenue was up 12.6% on a year-over-year basis. As a group, equities analysts expect that Janus Henderson Group plc will post 3.75 earnings per share for the current year.

Janus Henderson Group Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, May 29th. Investors of record on Monday, May 12th will be issued a $0.40 dividend. This represents a $1.60 dividend on an annualized basis and a yield of 4.13%. This is a positive change from Janus Henderson Group's previous quarterly dividend of $0.39. The ex-dividend date is Monday, May 12th. Janus Henderson Group's dividend payout ratio is 63.49%.

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.