Envestnet Asset Management Inc. Grows Holdings in Janus Henderson Group plc (NYSE:JHG)

Envestnet Asset Management Inc. raised its stake in shares of Janus Henderson Group plc (NYSE:JHG - Free Report) by 4.1% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 248,540 shares of the company's stock after acquiring an additional 9,896 shares during the period. Envestnet Asset Management Inc. owned about 0.16% of Janus Henderson Group worth $10,570,000 as of its most recent SEC filing.

A number of other hedge funds have also recently bought and sold shares of JHG. US Bancorp DE lifted its holdings in Janus Henderson Group by 2.3% during the fourth quarter. US Bancorp DE now owns 11,003 shares of the company's stock worth $468,000 after acquiring an additional 243 shares during the period. Avantax Advisory Services Inc. raised its stake in shares of Janus Henderson Group by 4.4% during the 4th quarter. Avantax Advisory Services Inc. now owns 6,356 shares of the company's stock worth $270,000 after purchasing an additional 270 shares during the period. UMB Bank n.a. boosted its holdings in shares of Janus Henderson Group by 56.5% in the 4th 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 grew its position in 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 buying an additional 287 shares during the period. Finally, Larson Financial Group LLC increased 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 buying an additional 288 shares during the last quarter. 87.94% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of research firms have recently weighed in on JHG. StockNews.com downgraded shares of Janus Henderson Group from a "buy" rating to a "hold" rating in a research report on Tuesday, March 25th. UBS Group upgraded Janus Henderson Group from a "neutral" rating to a "buy" rating and boosted their target price for the company from $45.00 to $50.00 in a research note on Monday, February 24th. Evercore ISI cut their price target on Janus Henderson Group from $44.00 to $33.00 and set an "in-line" rating for the company in a research note on Friday, April 11th. Wells Fargo & Company lowered their price objective on Janus Henderson Group from $46.00 to $36.00 and set an "equal weight" rating on the stock in a research note on Tuesday, April 8th. Finally, Bank of America upgraded shares of Janus Henderson Group from a "neutral" rating to a "buy" rating and cut their target price for the stock from $57.00 to $43.00 in a research report on Thursday, April 3rd. Six analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. According to data from MarketBeat, the company presently has an average rating of "Hold" and a consensus price target of $44.22.

Janus Henderson Group Price Performance

Shares of Janus Henderson Group stock traded up $0.80 on Thursday, reaching $32.61. The stock had a trading volume of 146,637 shares, compared to its average volume of 1,089,140. The business's 50 day moving average is $36.31 and its two-hundred day moving average is $40.64. The company has a current ratio of 3.08, a quick ratio of 2.08 and a debt-to-equity ratio of 0.08. Janus Henderson Group plc has a 1 year low of $28.26 and a 1 year high of $46.68. The company has a market cap of $5.14 billion, a P/E ratio of 12.74, a price-to-earnings-growth ratio of 0.66 and a beta of 1.43.

Janus Henderson Group (NYSE:JHG - Get Free Report) last announced its quarterly earnings results on Friday, January 31st. The company reported $1.07 EPS for the quarter, beating the consensus estimate of $0.94 by $0.13. Janus Henderson Group had a net margin of 16.38% and a return on equity of 12.18%. During the same period in the prior year, the business posted $0.82 earnings per share. As a group, research analysts anticipate that Janus Henderson Group plc will post 3.75 EPS for the current year.

Janus Henderson Group Announces Dividend

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

Janus Henderson Group Company 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.