13D Management LLC Reduces Stock Holdings in Janus Henderson Group plc (NYSE:JHG)

13D Management LLC lessened its position in Janus Henderson Group plc (NYSE:JHG - Free Report) by 19.5% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 150,953 shares of the company's stock after selling 36,560 shares during the quarter. Janus Henderson Group accounts for 4.8% of 13D Management LLC's portfolio, making the stock its 9th largest position. 13D Management LLC owned about 0.09% of Janus Henderson Group worth $6,420,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. UMB Bank n.a. lifted its stake in Janus Henderson Group by 56.5% in the fourth quarter. UMB Bank n.a. now owns 787 shares of the company's stock worth $33,000 after acquiring an additional 284 shares during the period. Richardson Financial Services Inc. boosted its holdings in Janus Henderson Group by 89.4% in the fourth quarter. Richardson Financial Services Inc. now owns 769 shares of the company's stock worth $33,000 after acquiring an additional 363 shares in the last quarter. Larson Financial Group LLC grew its position in Janus Henderson Group by 33.9% during the 4th 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 last quarter. Bessemer Group Inc. increased its stake in shares of Janus Henderson Group by 825.2% in the fourth quarter. Bessemer Group Inc. now owns 1,286 shares of the company's stock worth $55,000 after acquiring an additional 1,147 shares during the period. Finally, EverSource Wealth Advisors LLC boosted its holdings in Janus Henderson Group by 48.7% during the fourth quarter. EverSource Wealth Advisors LLC now owns 1,872 shares of the company's stock worth $80,000 after buying an additional 613 shares in the last quarter. Institutional investors own 87.94% of the company's stock.

Wall Street Analyst Weigh In

JHG has been the subject of several analyst reports. Wells Fargo & Company lowered their price objective on Janus Henderson Group from $46.00 to $36.00 and set an "equal weight" rating for the company in a research report on Tuesday, April 8th. UBS Group upgraded shares of Janus Henderson Group from a "neutral" rating to a "buy" rating and raised their target price for the company from $45.00 to $50.00 in a report on Monday, February 24th. Evercore ISI lifted their price objective on Janus Henderson Group from $33.00 to $35.00 and gave the company an "in-line" rating in a research report on Friday. StockNews.com lowered shares of Janus Henderson Group from a "buy" rating to a "hold" rating in a report on Tuesday, March 25th. Finally, Bank of America upgraded 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, April 3rd. Six research analysts have rated the stock with a hold rating and four have given a buy rating to the company. Based on data from MarketBeat, Janus Henderson Group has a consensus rating of "Hold" and an average price target of $44.44.

Janus Henderson Group Stock Performance

NYSE:JHG traded down $0.40 during mid-day trading on Monday, hitting $35.23. The stock had a trading volume of 1,272,972 shares, compared to its average volume of 1,107,827. The company has a 50 day simple moving average of $35.03 and a 200-day simple moving average of $40.37. The stock has a market capitalization of $5.55 billion, a price-to-earnings ratio of 13.76, a P/E/G 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 plc has a 52 week low of $28.26 and a 52 week high of $46.68.

Janus Henderson Group (NYSE:JHG - Get Free Report) last issued its quarterly earnings results on Thursday, May 1st. The company reported $0.79 EPS for the quarter, beating analysts' consensus estimates of $0.72 by $0.07. The company had revenue of $621.40 million for the quarter, compared to analyst estimates of $623.56 million. Janus Henderson Group had a return on equity of 12.18% and a net margin of 16.38%. The company's quarterly revenue was up 12.6% compared to the same quarter last year. During the same period last year, the company earned $0.71 earnings per share. On average, research analysts expect that Janus Henderson Group plc will post 3.75 earnings per share for the current fiscal year.

Janus Henderson Group Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, May 29th. Investors of record on Monday, May 12th will be paid a dividend of $0.40 per share. This represents a $1.60 dividend on an annualized basis and a dividend yield of 4.54%. The ex-dividend date of this dividend is Monday, May 12th. This is a positive change from Janus Henderson Group's previous quarterly dividend of $0.39. Janus Henderson Group's dividend payout ratio (DPR) is currently 63.49%.

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.