Ariel Investments LLC Decreases Stock Position in Janus Henderson Group plc (NYSE:JHG)

Ariel Investments LLC lowered its stake in shares of Janus Henderson Group plc (NYSE:JHG - Free Report) by 0.3% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 2,175,620 shares of the company's stock after selling 7,434 shares during the period. Ariel Investments LLC owned 1.37% of Janus Henderson Group worth $92,529,000 at the end of the most recent reporting period.

A number of other large investors have also recently made changes to their positions in the stock. UMB Bank n.a. lifted its holdings in shares of 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 buying an additional 284 shares in the last quarter. Richardson Financial Services Inc. boosted its holdings in Janus Henderson Group by 89.4% in the 4th quarter. Richardson Financial Services Inc. now owns 769 shares of the company's stock valued at $33,000 after purchasing an additional 363 shares during the period. Larson Financial Group LLC grew its position in shares of Janus Henderson Group by 33.9% during the 4th quarter. Larson Financial Group LLC now owns 1,137 shares of the company's stock valued at $48,000 after purchasing an additional 288 shares in the last quarter. Bessemer Group Inc. increased its holdings 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 purchasing an additional 1,147 shares during the period. Finally, EverSource Wealth Advisors LLC raised its position in shares of Janus Henderson Group by 48.7% in 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. 87.94% of the stock is owned by institutional investors.

Analysts Set New Price Targets

JHG has been the topic of a number of research analyst reports. Morgan Stanley increased their price target on shares of Janus Henderson Group from $32.00 to $33.00 and gave the stock an "equal weight" rating in a report on Tuesday. StockNews.com cut Janus Henderson Group from a "buy" rating to a "hold" rating in a report on Tuesday, March 25th. UBS Group upgraded shares of Janus Henderson Group from a "neutral" rating to a "buy" rating and increased their price target for the company from $45.00 to $50.00 in a research report on Monday, February 24th. Evercore ISI lifted their price objective on Janus Henderson Group from $33.00 to $35.00 and gave the stock an "in-line" rating in a report on Friday, May 2nd. Finally, JPMorgan Chase & Co. upgraded shares of Janus Henderson Group from a "neutral" rating to an "overweight" rating and raised their target price for the stock from $44.00 to $53.00 in a report on Wednesday, February 5th. Six research analysts have rated the stock with a hold rating and four have given a buy rating to the company's stock. Based on data from MarketBeat.com, Janus Henderson Group has a consensus rating of "Hold" and a consensus price target of $42.78.

Janus Henderson Group Stock Up 1.5 %

Shares of Janus Henderson Group stock traded up $0.54 during midday trading on Wednesday, hitting $35.59. The company had a trading volume of 1,335,945 shares, compared to its average volume of 1,109,729. The stock has a market capitalization of $5.61 billion, a P/E ratio of 13.90, a P/E/G ratio of 0.66 and a beta of 1.46. The company has a 50 day moving average of $34.77 and a 200 day moving average of $40.29. Janus Henderson Group plc has a 52-week low of $28.26 and a 52-week high of $46.68. The company has a debt-to-equity ratio of 0.08, a quick ratio of 2.08 and a current ratio of 3.08.

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

Janus Henderson Group Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, May 29th. Investors of record on Monday, May 12th will be given a dividend of $0.40 per share. This represents a $1.60 annualized dividend and a yield of 4.50%. 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 payout ratio is 63.49%.

About Janus Henderson Group

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.