Clark Capital Management Group Inc. Grows Stake in Janus Henderson Group plc (NYSE:JHG)

Clark Capital Management Group Inc. grew its holdings in shares of Janus Henderson Group plc (NYSE:JHG - Free Report) by 1.0% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor 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 0.89% of Janus Henderson Group worth $60,299,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of the stock. Deutsche Bank AG grew its holdings in shares of Janus Henderson Group by 886.2% in the fourth quarter. Deutsche Bank AG now owns 142,145 shares of the company's stock worth $6,045,000 after purchasing an additional 127,731 shares during the last quarter. Crestline Management LP purchased a new position in shares of Janus Henderson Group in the fourth quarter valued at about $1,238,000. Cetera Investment Advisers raised its stake in shares of Janus Henderson Group by 66.0% during the fourth quarter. Cetera Investment Advisers now owns 72,084 shares of the company's stock valued at $3,066,000 after acquiring an additional 28,661 shares during the last quarter. Captrust Financial Advisors grew its stake in shares of Janus Henderson Group by 40.7% in the fourth quarter. Captrust Financial Advisors now owns 11,391 shares of the company's stock worth $484,000 after purchasing an additional 3,297 shares during the last quarter. Finally, Castlekeep Investment Advisors LLC bought a new position in Janus Henderson Group during the 4th quarter valued at approximately $74,989,000. 87.94% of the stock is currently owned by hedge funds and other institutional investors.

Janus Henderson Group Stock Up 0.7%

JHG stock traded up $0.28 during trading on Tuesday, hitting $38.59. 597,193 shares of the stock traded hands, compared to its average volume of 1,117,250. The stock has a market cap of $6.08 billion, a price-to-earnings ratio of 15.07, a price-to-earnings-growth ratio of 0.66 and a beta of 1.46. 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 plc has a 1 year low of $28.26 and a 1 year high of $46.68. The firm's 50 day moving average is $34.44 and its two-hundred day moving average is $40.21.

Janus Henderson Group (NYSE:JHG - Get Free Report) last announced its quarterly earnings results on Thursday, May 1st. The company reported $0.79 earnings per share for the quarter, beating the consensus estimate of $0.72 by $0.07. The company had revenue of $621.40 million during 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 firm's quarterly revenue was up 12.6% compared to the same quarter last year. During the same quarter last year, the firm earned $0.71 earnings per share. On average, sell-side analysts anticipate 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. Investors of record on Monday, May 12th will be given a dividend of $0.40 per share. The ex-dividend date is Monday, May 12th. This is a boost from Janus Henderson Group's previous quarterly dividend of $0.39. This represents a $1.60 annualized dividend and a dividend yield of 4.15%. Janus Henderson Group's dividend payout ratio (DPR) is 63.49%.

Analyst Upgrades and Downgrades

Several research analysts have commented on JHG shares. 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 for the company in a report on Thursday, April 3rd. Morgan Stanley upped their target price on Janus Henderson Group from $32.00 to $33.00 and gave the stock an "equal weight" rating in a report on Tuesday, May 6th. 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 note on Wednesday, February 5th. UBS Group raised 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 note on Monday, February 24th. Finally, Wells Fargo & Company lowered their price objective on 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. 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, the stock currently 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.