Azora Capital LP Buys Shares of 489,196 Janus Henderson Group plc (NYSE:JHG)

Azora Capital LP bought a new stake in Janus Henderson Group plc (NYSE:JHG - Free Report) during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm bought 489,196 shares of the company's stock, valued at approximately $20,806,000. Azora Capital LP owned about 0.31% of Janus Henderson Group as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in JHG. Barclays PLC boosted its stake in shares of Janus Henderson Group by 84.0% in the 3rd quarter. Barclays PLC now owns 96,217 shares of the company's stock valued at $3,663,000 after purchasing an additional 43,933 shares in the last quarter. World Investment Advisors LLC acquired a new position in shares of Janus Henderson Group during the third quarter worth approximately $253,000. Franklin Resources Inc. grew its stake in shares of Janus Henderson Group by 11.7% during the third quarter. Franklin Resources Inc. now owns 478,249 shares of the company's stock valued at $19,106,000 after purchasing an additional 50,221 shares during the last quarter. Principal Financial Group Inc. raised its position in Janus Henderson Group by 28.9% in the 3rd quarter. Principal Financial Group Inc. now owns 2,081,630 shares of the company's stock worth $79,248,000 after purchasing an additional 467,049 shares during the last quarter. Finally, JPMorgan Chase & Co. lifted its holdings in Janus Henderson Group by 8.3% during the 3rd quarter. JPMorgan Chase & Co. now owns 578,890 shares of the company's stock worth $22,038,000 after buying an additional 44,378 shares in the last quarter. 87.94% of the stock is owned by institutional investors and hedge funds.

Janus Henderson Group Stock Performance

Shares of NYSE JHG traded down $0.14 during mid-day trading on Friday, reaching $36.32. 616,438 shares of the company's stock were exchanged, compared to its average volume of 1,114,205. The company has a debt-to-equity ratio of 0.08, a current ratio of 3.08 and a quick ratio of 2.08. The firm has a 50-day moving average price of $34.54 and a two-hundred day moving average price of $40.23. Janus Henderson Group plc has a 52 week low of $28.26 and a 52 week high of $46.68. The firm has a market capitalization of $5.72 billion, a price-to-earnings ratio of 14.19, a price-to-earnings-growth ratio of 0.66 and a beta of 1.46.

Janus Henderson Group (NYSE:JHG - Get Free Report) last issued its quarterly earnings results on Thursday, May 1st. The company reported $0.79 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.72 by $0.07. The firm had revenue of $621.40 million during the quarter, compared to the consensus estimate 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 revenue for the quarter was up 12.6% on a year-over-year basis. During the same quarter last year, the company posted $0.71 EPS. Analysts predict that Janus Henderson Group plc will post 3.75 EPS for the current year.

Janus Henderson Group Increases Dividend

The business also recently announced 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 is a positive change from Janus Henderson Group's previous quarterly dividend of $0.39. The ex-dividend date is Monday, May 12th. This represents a $1.60 dividend on an annualized basis and a dividend yield of 4.41%. Janus Henderson Group's payout ratio is presently 63.49%.

Analyst Upgrades and Downgrades

A number of research firms have commented on JHG. The Goldman Sachs Group lowered their target price on shares of Janus Henderson Group from $47.00 to $41.00 and set a "neutral" rating for the company in a report on Thursday, April 3rd. Wells Fargo & Company dropped their target price on Janus Henderson Group from $46.00 to $36.00 and set an "equal weight" rating on the stock 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 increased their price objective for the stock from $45.00 to $50.00 in a research note on Monday, February 24th. JPMorgan Chase & Co. upgraded shares of Janus Henderson Group from a "neutral" rating to an "overweight" rating and boosted their target price for the stock from $44.00 to $53.00 in a report on Wednesday, February 5th. Finally, StockNews.com downgraded Janus Henderson Group from a "buy" rating to a "hold" rating in a research note on Tuesday, March 25th. Six research analysts have rated the stock with a hold rating and four have given a buy rating to the company's stock. According to MarketBeat.com, the stock presently has an average rating of "Hold" and an average price target of $42.78.

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.