Strategic Global Advisors LLC Acquires New Position in Janus Henderson Group plc (NYSE:JHG)

Strategic Global Advisors LLC acquired a new stake in shares of Janus Henderson Group plc (NYSE:JHG - Free Report) in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund acquired 31,227 shares of the company's stock, valued at approximately $1,328,000.

Several other hedge funds also recently bought and sold shares of JHG. Barclays PLC grew its stake in Janus Henderson Group by 84.0% during the third quarter. Barclays PLC now owns 96,217 shares of the company's stock valued at $3,663,000 after acquiring an additional 43,933 shares in the last quarter. Park Avenue Securities LLC grew its stake in Janus Henderson Group by 20.1% during the fourth quarter. Park Avenue Securities LLC now owns 33,152 shares of the company's stock valued at $1,410,000 after acquiring an additional 5,551 shares in the last quarter. Hennion & Walsh Asset Management Inc. grew its stake in Janus Henderson Group by 1.4% during the fourth quarter. Hennion & Walsh Asset Management Inc. now owns 49,119 shares of the company's stock valued at $2,089,000 after acquiring an additional 672 shares in the last quarter. Ritholtz Wealth Management grew its stake in Janus Henderson Group by 14.0% in the 4th quarter. Ritholtz Wealth Management now owns 21,215 shares of the company's stock worth $902,000 after buying an additional 2,608 shares in the last quarter. Finally, Merit Financial Group LLC purchased a new position in Janus Henderson Group in the 4th quarter worth approximately $413,000. Hedge funds and other institutional investors own 87.94% of the company's stock.

Analyst Upgrades and Downgrades

A number of research firms have commented on JHG. Evercore ISI boosted their price target on shares of Janus Henderson Group from $33.00 to $35.00 and gave the stock an "in-line" rating in a research note on Friday, May 2nd. UBS Group raised shares of Janus Henderson Group from a "neutral" rating to a "buy" rating and upped their price objective for the company from $45.00 to $50.00 in a research note on Monday, February 24th. The Goldman Sachs Group cut 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 research note on Thursday, April 3rd. Cowen reaffirmed a "buy" rating on shares of Janus Henderson Group in a research note on Wednesday, May 14th. Finally, JPMorgan Chase & Co. upgraded shares of Janus Henderson Group from a "neutral" rating to an "overweight" rating and upped their price target for the company from $44.00 to $53.00 in a report on Wednesday, February 5th. Six research analysts have rated the stock with a hold rating and five have issued a buy rating to the company. According to MarketBeat, Janus Henderson Group has a consensus rating of "Hold" and an average price target of $42.78.

Janus Henderson Group Stock Down 4.0%

Shares of NYSE:JHG traded down $1.51 during midday trading on Wednesday, reaching $36.51. The company's stock had a trading volume of 1,678,648 shares, compared to its average volume of 1,130,954. The firm has a 50 day moving average of $34.58 and a 200-day moving average of $40.10. The firm has a market capitalization of $5.75 billion, a P/E ratio of 14.26, a PEG ratio of 0.66 and a beta of 1.46. The company has a quick ratio of 2.08, a current ratio of 3.08 and a debt-to-equity ratio of 0.08. Janus Henderson Group plc has a 12-month low of $28.26 and a 12-month high of $46.68.

Janus Henderson Group (NYSE:JHG - Get Free Report) last released its earnings results on Thursday, May 1st. The company reported $0.79 earnings per share for the quarter, topping analysts' consensus estimates of $0.72 by $0.07. The firm had revenue of $621.40 million for 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 company's revenue was up 12.6% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.71 EPS. On average, 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 firm also recently announced a quarterly dividend, which will be paid on Thursday, May 29th. Stockholders of record on Monday, May 12th will be given a $0.40 dividend. The ex-dividend date is Monday, May 12th. This is an increase from Janus Henderson Group's previous quarterly dividend of $0.39. This represents a $1.60 dividend on an annualized basis and a dividend yield of 4.38%. Janus Henderson Group's dividend payout ratio is currently 63.49%.

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.