Clark Capital Management Group Inc. Buys 14,448 Shares of Janus Henderson Group plc (NYSE:JHG)

Clark Capital Management Group Inc. increased its position in shares of Janus Henderson Group plc (NYSE:JHG - Free Report) by 1.0% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 1,417,803 shares of the company's stock after acquiring an additional 14,448 shares during the quarter. Clark Capital Management Group Inc. owned about 0.89% of Janus Henderson Group worth $60,299,000 as of its most recent SEC filing.

Other large investors also recently modified their holdings of the company. KBC Group NV grew its holdings in shares of Janus Henderson Group by 63.6% in the 4th quarter. KBC Group NV now owns 4,546 shares of the company's stock valued at $193,000 after acquiring an additional 1,768 shares in the last quarter. Mirae Asset Global Investments Co. Ltd. lifted its holdings in shares of Janus Henderson Group by 17.8% during the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 92,218 shares of the company's stock worth $3,977,000 after buying an additional 13,942 shares in the last quarter. Merit Financial Group LLC bought a new position in shares of Janus Henderson Group during the fourth quarter worth approximately $413,000. Delphi Management Inc. MA acquired a new position in Janus Henderson Group in the 4th quarter valued at $1,419,000. Finally, Nordea Investment Management AB increased its holdings in Janus Henderson Group by 6.9% in the 4th quarter. Nordea Investment Management AB now owns 233,601 shares of the company's stock valued at $9,979,000 after buying an additional 14,996 shares during the period. 87.94% of the stock is currently owned by institutional investors.

Janus Henderson Group Stock Down 0.3 %

JHG stock traded down $0.11 on Friday, reaching $36.35. 961,370 shares of the company traded hands, compared to its average volume of 1,117,348. Janus Henderson Group plc has a one year low of $28.26 and a one year high of $46.68. The company has a market cap of $5.73 billion, a P/E ratio of 14.20, a price-to-earnings-growth ratio of 0.66 and a beta of 1.46. The firm has a fifty day simple moving average of $34.48 and a 200-day simple moving average of $40.20. The company has a debt-to-equity ratio of 0.08, a current ratio of 3.08 and a quick ratio of 2.08.

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. Research analysts anticipate 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 announced a quarterly dividend, which will be paid on Thursday, May 29th. Shareholders of record on Monday, May 12th will be paid a dividend of $0.40 per share. This is a boost 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 yield of 4.40%. Janus Henderson Group's dividend payout ratio (DPR) is presently 63.49%.

Analyst Upgrades and Downgrades

A number of research firms have weighed in on JHG. JPMorgan Chase & Co. raised 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 research note on Wednesday, February 5th. Wells Fargo & Company reduced their price target on shares of Janus Henderson Group from $46.00 to $36.00 and set an "equal weight" rating for the company 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 lifted their price objective for the company from $45.00 to $50.00 in a report on Monday, February 24th. Bank of America upgraded Janus Henderson Group from a "neutral" rating to a "buy" rating and cut their price target for the company from $57.00 to $43.00 in a research note on Thursday, April 3rd. Finally, StockNews.com lowered Janus Henderson Group from a "buy" rating to a "hold" rating in a report on Tuesday, March 25th. Six analysts have rated the stock with a hold rating and four have assigned a buy rating to the company's stock. According to data from MarketBeat.com, Janus Henderson Group has a consensus rating of "Hold" and a consensus 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.