Janus Henderson Group plc (NYSE:JHG) Shares Bought by Balyasny Asset Management L.P.

Balyasny Asset Management L.P. increased its holdings in shares of Janus Henderson Group plc (NYSE:JHG - Free Report) by 1.7% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 1,266,217 shares of the company's stock after buying an additional 21,438 shares during the quarter. Balyasny Asset Management L.P. owned 0.80% of Janus Henderson Group worth $53,852,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently modified their holdings of JHG. Norges Bank purchased a new position in Janus Henderson Group in the fourth quarter worth $83,525,000. AQR Capital Management LLC raised its position in Janus Henderson Group by 39.8% during the 4th quarter. AQR Capital Management LLC now owns 1,771,147 shares of the company's stock valued at $75,327,000 after purchasing an additional 503,973 shares during the last quarter. Allianz Asset Management GmbH raised its stake in Janus Henderson Group by 32.5% in the fourth quarter. Allianz Asset Management GmbH now owns 1,927,318 shares of the company's stock worth $81,969,000 after buying an additional 473,143 shares in the last quarter. Principal Financial Group Inc. grew its holdings in Janus Henderson Group by 28.9% in the third 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 period. Finally, ExodusPoint Capital Management LP bought a new stake in shares of Janus Henderson Group in the 4th quarter worth $17,938,000. Institutional investors own 87.94% of the company's stock.

Janus Henderson Group Price Performance

Shares of JHG traded down $0.11 during trading hours on Friday, reaching $36.35. The company had a trading volume of 961,370 shares, compared to its average volume of 1,117,348. The firm has a 50 day simple moving average of $34.48 and a 200-day simple moving average of $40.21. The company has a market capitalization of $5.73 billion, a price-to-earnings ratio of 14.20, 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 plc has a 12-month low of $28.26 and a 12-month 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 earnings per share (EPS) for the quarter, topping 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 firm had revenue of $621.40 million for the quarter, compared to analyst estimates of $623.56 million. During the same period last year, the company earned $0.71 EPS. The firm's quarterly revenue was up 12.6% on a year-over-year basis. Research analysts expect that Janus Henderson Group plc will post 3.75 earnings per share for the current year.

Janus Henderson Group Increases Dividend

The company 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 is a positive change from Janus Henderson Group's previous quarterly dividend of $0.39. This represents a $1.60 annualized dividend and a yield of 4.40%. The ex-dividend date of this dividend is Monday, May 12th. Janus Henderson Group's payout ratio is currently 63.49%.

Analyst Upgrades and Downgrades

Several analysts have recently commented on the stock. The Goldman Sachs Group decreased their price objective on shares of Janus Henderson Group from $47.00 to $41.00 and set a "neutral" rating on the stock in a research report on Thursday, April 3rd. UBS Group raised shares of Janus Henderson Group from a "neutral" rating to a "buy" rating and upped their price target for the stock from $45.00 to $50.00 in a research report on Monday, February 24th. Wells Fargo & Company cut their price objective on 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. Morgan Stanley increased their target price on shares of Janus Henderson Group from $32.00 to $33.00 and gave the stock an "equal weight" rating in a research note on Tuesday, May 6th. Finally, JPMorgan Chase & Co. upgraded Janus Henderson Group from a "neutral" rating to an "overweight" rating and raised their target price for the company from $44.00 to $53.00 in a research report on Wednesday, February 5th. Six investment 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, Janus Henderson Group presently has an average rating of "Hold" and an average target price 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.