Ethic Inc. Purchases New Holdings in Janus Henderson Group plc (NYSE:JHG)

Ethic Inc. bought a new stake in 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 (SEC). The institutional investor bought 14,433 shares of the company's stock, valued at approximately $614,000.

Other large investors have also added to or reduced their stakes in the company. KBC Group NV increased its position in shares of Janus Henderson Group by 63.6% during the 4th quarter. KBC Group NV now owns 4,546 shares of the company's stock valued at $193,000 after purchasing an additional 1,768 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. grew its position in 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 valued at $3,977,000 after acquiring an additional 13,942 shares during the last quarter. Merit Financial Group LLC bought a new position in Janus Henderson Group during the fourth quarter valued at approximately $413,000. Delphi Management Inc. MA purchased a new position in shares of Janus Henderson Group during the fourth quarter worth approximately $1,419,000. Finally, Bank of New York Mellon Corp lifted its holdings in shares of Janus Henderson Group by 3.1% in the 4th quarter. Bank of New York Mellon Corp now owns 1,064,556 shares of the company's stock worth $45,276,000 after acquiring an additional 32,346 shares during the last quarter. Hedge funds and other institutional investors own 87.94% of the company's stock.

Janus Henderson Group Trading Up 0.0%

JHG stock traded up $0.02 on Tuesday, reaching $38.41. The company's stock had a trading volume of 111,584 shares, compared to its average volume of 1,122,476. The firm has a market cap of $6.05 billion, a PE ratio of 14.97, a PEG ratio of 0.66 and a beta of 1.46. The business has a fifty day simple moving average of $34.55 and a two-hundred day simple moving average of $40.11. Janus Henderson Group plc has a 12-month low of $28.26 and a 12-month high of $46.68. The company has a debt-to-equity ratio of 0.08, a quick ratio of 2.08 and a current ratio of 3.08.

Janus Henderson Group (NYSE:JHG - Get Free Report) last announced its earnings results on Thursday, May 1st. The company reported $0.79 earnings per share for the quarter, beating analysts' consensus estimates of $0.72 by $0.07. Janus Henderson Group had a net margin of 16.38% and a return on equity of 12.18%. The firm had revenue of $621.40 million for the quarter, compared to analyst estimates of $623.56 million. During the same quarter in the previous year, the firm posted $0.71 EPS. The company's revenue for the quarter was up 12.6% compared to the same quarter last year. As a group, research analysts forecast that Janus Henderson Group plc will post 3.75 EPS 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. Stockholders of record on Monday, May 12th will be paid a $0.40 dividend. This represents a $1.60 dividend on an annualized basis and a dividend yield of 4.17%. The ex-dividend date of this dividend is Monday, May 12th. This is a boost from Janus Henderson Group's previous quarterly dividend of $0.39. Janus Henderson Group's dividend payout ratio (DPR) is presently 63.49%.

Analyst Upgrades and Downgrades

JHG has been the topic of a number of analyst reports. UBS Group upgraded shares of Janus Henderson Group from a "neutral" rating to a "buy" rating and lifted their target price for the stock from $45.00 to $50.00 in a research report on Monday, February 24th. The Goldman Sachs Group decreased their price objective on Janus Henderson Group from $47.00 to $41.00 and set a "neutral" rating on the stock in a report on Thursday, April 3rd. JPMorgan Chase & Co. upgraded Janus Henderson Group from a "neutral" rating to an "overweight" rating and increased their target price for the company from $44.00 to $53.00 in a report on Wednesday, February 5th. Cowen restated a "buy" rating on shares of Janus Henderson Group in a research report on Wednesday, May 14th. Finally, Evercore ISI boosted their price objective 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. Six analysts have rated the stock with a hold rating and five have assigned a buy rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Hold" and a consensus price target of $42.78.

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.