Bank of Montreal Can Sells 10,949 Shares of Janus Henderson Group plc (NYSE:JHG)

Bank of Montreal Can decreased its stake in Janus Henderson Group plc (NYSE:JHG - Free Report) by 36.2% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 19,303 shares of the company's stock after selling 10,949 shares during the period. Bank of Montreal Can's holdings in Janus Henderson Group were worth $821,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds also recently made changes to their positions in the stock. US Bancorp DE increased its holdings in shares of Janus Henderson Group by 2.3% during the fourth quarter. US Bancorp DE now owns 11,003 shares of the company's stock valued at $468,000 after acquiring an additional 243 shares in the last quarter. Avantax Advisory Services Inc. increased its stake in Janus Henderson Group by 4.4% during the 4th quarter. Avantax Advisory Services Inc. now owns 6,356 shares of the company's stock valued at $270,000 after purchasing an additional 270 shares in the last quarter. UMB Bank n.a. raised its holdings in Janus Henderson Group by 56.5% during 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 during the last quarter. Callan Capital LLC lifted its stake in shares of Janus Henderson Group by 5.3% in the fourth quarter. Callan Capital LLC now owns 5,741 shares of the company's stock valued at $244,000 after buying an additional 287 shares in the last quarter. Finally, Larson Financial Group LLC grew its holdings in shares of Janus Henderson Group by 33.9% during 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 during the last quarter. 87.94% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

Several equities analysts recently weighed in on the stock. The Goldman Sachs Group dropped their price target 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. Wells Fargo & Company cut 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. Evercore ISI dropped their price objective on Janus Henderson Group from $44.00 to $33.00 and set an "in-line" rating on the stock in a research note on Friday, April 11th. UBS Group upgraded shares of Janus Henderson Group from a "neutral" rating to a "buy" rating and upped their target price for the stock from $45.00 to $50.00 in a research note on Monday, February 24th. Finally, JPMorgan Chase & Co. raised shares of Janus Henderson Group from a "neutral" rating to an "overweight" rating and raised their price target 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 assigned a buy rating to the company. According to MarketBeat.com, Janus Henderson Group currently has an average rating of "Hold" and an average price target of $44.22.

Janus Henderson Group Stock Performance

Shares of Janus Henderson Group stock traded up $0.80 on Thursday, reaching $32.61. 146,637 shares of the company traded hands, compared to its average volume of 1,089,138. 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 market capitalization of $5.14 billion, a PE ratio of 12.74, a PEG ratio of 0.66 and a beta of 1.43. The company has a 50 day moving average of $36.31 and a 200 day moving average of $40.64. 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 Friday, January 31st. The company reported $1.07 EPS for the quarter, beating analysts' consensus estimates of $0.94 by $0.13. Janus Henderson Group had a return on equity of 12.18% and a net margin of 16.38%. During the same quarter in the previous year, the firm posted $0.82 EPS. Equities analysts forecast that Janus Henderson Group plc will post 3.75 earnings per share for the current year.

Janus Henderson Group Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Thursday, February 27th. Stockholders of record on Tuesday, February 11th were paid a $0.39 dividend. The ex-dividend date of this dividend was Tuesday, February 11th. This represents a $1.56 annualized dividend and a dividend yield of 4.78%. Janus Henderson Group's payout ratio is 60.94%.

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.