Algert Global LLC Buys 150,624 Shares of Janus Henderson Group plc (NYSE:JHG)

Algert Global LLC boosted its stake in shares of Janus Henderson Group plc (NYSE:JHG - Free Report) by 97.6% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 304,959 shares of the company's stock after acquiring an additional 150,624 shares during the quarter. Algert Global LLC owned approximately 0.19% of Janus Henderson Group worth $12,970,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of the business. UMB Bank n.a. boosted its stake in Janus Henderson Group by 56.5% during the 4th 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 last quarter. Richardson Financial Services Inc. increased its position in shares of Janus Henderson Group by 89.4% in 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 last quarter. Larson Financial Group LLC grew its stake in shares of Janus Henderson Group by 33.9% in the fourth quarter. Larson Financial Group LLC now owns 1,137 shares of the company's stock valued at $48,000 after buying an additional 288 shares in the last quarter. Bessemer Group Inc. lifted its stake in Janus Henderson Group by 825.2% in the 4th quarter. Bessemer Group Inc. now owns 1,286 shares of the company's stock valued at $55,000 after purchasing an additional 1,147 shares during the last quarter. Finally, EverSource Wealth Advisors LLC increased its position 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 during the last quarter. Institutional investors and hedge funds own 87.94% of the company's stock.

Wall Street Analysts Forecast Growth

Several brokerages have issued reports on JHG. The Goldman Sachs Group cut their price target on Janus Henderson Group from $47.00 to $41.00 and set a "neutral" rating for the company in a report on Thursday, April 3rd. JPMorgan Chase & Co. upgraded shares of Janus Henderson Group from a "neutral" rating to an "overweight" rating and lifted their target price for the stock from $44.00 to $53.00 in a research report on Wednesday, February 5th. Morgan Stanley lifted their price objective on Janus Henderson Group from $32.00 to $33.00 and gave the stock an "equal weight" rating in a research note on Tuesday. StockNews.com downgraded shares of Janus Henderson Group from a "buy" rating to a "hold" rating in a research note on Tuesday, March 25th. Finally, Wells Fargo & Company decreased their price target on Janus Henderson Group from $46.00 to $36.00 and set an "equal weight" rating for the company in a report on Tuesday, April 8th. Six analysts have rated the stock with a hold rating and four have assigned a buy rating to the company's stock. According to data from MarketBeat.com, Janus Henderson Group currently has an average rating of "Hold" and a consensus price target of $42.78.

Janus Henderson Group Price Performance

Shares of JHG traded down $0.19 during midday trading on Friday, reaching $36.27. The stock had a trading volume of 367,271 shares, compared to its average volume of 1,349,917. The company's 50-day moving average is $34.54 and its 200 day moving average is $40.23. The company has a market capitalization of $5.71 billion, a price-to-earnings ratio of 14.17, a price-to-earnings-growth ratio of 0.66 and a beta of 1.46. Janus Henderson Group plc has a 12-month low of $28.26 and a 12-month high of $46.68. 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 released its earnings results on Thursday, May 1st. The company reported $0.79 earnings per share for the quarter, beating analysts' consensus estimates of $0.72 by $0.07. Janus Henderson Group had a return on equity of 12.18% and a net margin of 16.38%. The company had revenue of $621.40 million during the quarter, compared to analyst estimates of $623.56 million. During the same quarter in the previous year, the company posted $0.71 EPS. Janus Henderson Group's revenue for the quarter was up 12.6% on a year-over-year basis. On average, equities analysts predict that Janus Henderson Group plc will post 3.75 EPS for the current fiscal year.

Janus Henderson Group Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, May 29th. Stockholders of record on Monday, May 12th will be paid a dividend of $0.40 per share. This represents a $1.60 annualized dividend and a dividend yield of 4.41%. This is an increase from Janus Henderson Group's previous quarterly dividend of $0.39. The ex-dividend date of this dividend is Monday, May 12th. Janus Henderson Group's dividend payout ratio is 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.