Crestline Management LP Acquires New Stake in Janus Henderson Group plc (NYSE:JHG)

Crestline Management LP acquired a new position in shares of Janus Henderson Group plc (NYSE:JHG - Free Report) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 29,114 shares of the company's stock, valued at approximately $1,238,000.

A number of other institutional investors and hedge funds also recently made changes to their positions in JHG. US Bancorp DE lifted its stake in Janus Henderson Group by 2.3% during the 4th 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. raised its holdings in shares of Janus Henderson Group by 4.4% in the fourth 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 during the last quarter. UMB Bank n.a. lifted its position 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 valued at $33,000 after purchasing an additional 284 shares in the last quarter. Callan Capital LLC lifted its position in shares of Janus Henderson Group by 5.3% during the fourth quarter. Callan Capital LLC now owns 5,741 shares of the company's stock valued at $244,000 after purchasing an additional 287 shares in the last quarter. Finally, Larson Financial Group LLC boosted its holdings in Janus Henderson Group by 33.9% during the fourth 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. Institutional investors own 87.94% of the company's stock.

Janus Henderson Group Stock Performance

NYSE:JHG traded up $0.35 during trading hours on Wednesday, reaching $38.59. The stock had a trading volume of 507,081 shares, compared to its average volume of 1,349,188. The company has a debt-to-equity ratio of 0.08, a quick ratio of 2.08 and a current ratio of 3.08. The stock has a 50 day simple moving average of $34.45 and a 200 day simple moving average of $40.19. Janus Henderson Group plc has a 12-month low of $28.26 and a 12-month high of $46.68. The stock has a market cap of $6.08 billion, a P/E ratio of 15.07, a price-to-earnings-growth ratio of 0.66 and a beta of 1.46.

Janus Henderson Group (NYSE:JHG - Get Free Report) last posted its quarterly earnings results on Thursday, May 1st. The company reported $0.79 earnings per share for the quarter, topping the consensus estimate 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 company had revenue of $621.40 million during the quarter, compared to the consensus estimate of $623.56 million. During the same quarter in the prior year, the company earned $0.71 EPS. The firm's quarterly revenue was up 12.6% compared to the same quarter last year. On average, research analysts forecast that Janus Henderson Group plc will post 3.75 EPS for the current fiscal year.

Janus Henderson Group Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, May 29th. Shareholders of record on Monday, May 12th will be given a dividend of $0.40 per share. This represents a $1.60 dividend on an annualized basis and a yield of 4.15%. The ex-dividend date of this dividend is Monday, May 12th. This is a positive change from Janus Henderson Group's previous quarterly dividend of $0.39. Janus Henderson Group's dividend payout ratio (DPR) is currently 63.49%.

Wall Street Analyst Weigh In

Several equities research analysts have commented on JHG shares. JPMorgan Chase & Co. upgraded shares of Janus Henderson Group from a "neutral" rating to an "overweight" rating and increased their price objective for the company from $44.00 to $53.00 in a research note on Wednesday, February 5th. Cowen reaffirmed a "buy" rating on shares of Janus Henderson Group in a research report on Wednesday. UBS Group upgraded Janus Henderson Group from a "neutral" rating to a "buy" rating and lifted their price target for the stock from $45.00 to $50.00 in a report on Monday, February 24th. Wells Fargo & Company reduced 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 note on Tuesday, April 8th. Finally, Bank of America raised Janus Henderson Group from a "neutral" rating to a "buy" rating and decreased their target price for the company from $57.00 to $43.00 in a research report on Thursday, April 3rd. Six investment analysts have rated the stock with a hold rating and five have given a buy rating to the stock. According to data from MarketBeat, the company has a consensus 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.