Castlekeep Investment Advisors LLC Acquires Shares of 1,763,209 Janus Henderson Group plc (NYSE:JHG)

Castlekeep Investment Advisors LLC acquired a new stake in Janus Henderson Group plc (NYSE:JHG - Free Report) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 1,763,209 shares of the company's stock, valued at approximately $74,989,000. Castlekeep Investment Advisors LLC owned about 1.11% of Janus Henderson Group at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. Richardson Financial Services Inc. boosted its stake in shares of Janus Henderson Group by 89.4% during the 4th quarter. Richardson Financial Services Inc. now owns 769 shares of the company's stock worth $33,000 after acquiring an additional 363 shares in the last quarter. UMB Bank n.a. increased its stake in shares of 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 purchasing an additional 284 shares in the last quarter. Larson Financial Group LLC raised 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 worth $48,000 after purchasing an additional 288 shares during 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 buying an additional 1,147 shares in the last quarter. Finally, EverSource Wealth Advisors LLC boosted its holdings in Janus Henderson Group by 48.7% in the 4th 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. 87.94% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of research analysts have weighed in on JHG shares. JPMorgan Chase & Co. upgraded Janus Henderson Group from a "neutral" rating to an "overweight" rating and raised their price objective for the company from $44.00 to $53.00 in a report on Wednesday, February 5th. Morgan Stanley boosted 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 research report on Tuesday. UBS Group upgraded shares of Janus Henderson Group from a "neutral" rating to a "buy" rating and increased their price objective for the company from $45.00 to $50.00 in a report on Monday, February 24th. Evercore ISI upped their price target on Janus Henderson Group from $33.00 to $35.00 and gave the company an "in-line" rating in a research report on Friday, May 2nd. Finally, StockNews.com lowered Janus Henderson Group from a "buy" rating to a "hold" rating in a research note on Tuesday, March 25th. Six equities research analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. According to MarketBeat.com, Janus Henderson Group has a consensus rating of "Hold" and an average target price of $42.78.

Janus Henderson Group Trading Up 1.5 %

Shares of NYSE:JHG traded up $0.54 during midday trading on Wednesday, reaching $35.59. The company's stock had a trading volume of 1,366,968 shares, compared to its average volume of 1,109,728. The firm has a market cap of $5.61 billion, a price-to-earnings ratio of 13.90, a price-to-earnings-growth ratio of 0.66 and a beta of 1.46. Janus Henderson Group plc has a 1 year low of $28.26 and a 1 year high of $46.68. The company has a quick ratio of 2.08, a current ratio of 3.08 and a debt-to-equity ratio of 0.08. The business has a 50 day moving average price of $34.64 and a 200 day moving average price of $40.26.

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

Janus Henderson Group Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, May 29th. Shareholders of record on Monday, May 12th will be issued a $0.40 dividend. This represents a $1.60 dividend on an annualized basis and a yield of 4.50%. The ex-dividend date of this dividend is Monday, May 12th. This is an increase from Janus Henderson Group's previous quarterly dividend of $0.39. Janus Henderson Group's payout ratio is currently 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.