Pallas Capital Advisors LLC Acquires Shares of 8,877 Janus Henderson Group plc (NYSE:JHG)

Pallas Capital Advisors LLC acquired a new position in shares of Janus Henderson Group plc (NYSE:JHG - Free Report) in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 8,877 shares of the company's stock, valued at approximately $321,000.

A number of other large investors also recently added to or reduced their stakes in JHG. Norges Bank bought a new stake in shares of Janus Henderson Group during the fourth quarter worth approximately $83,525,000. Castlekeep Investment Advisors LLC bought a new position in Janus Henderson Group in the fourth quarter valued at approximately $74,989,000. Millennium Management LLC grew its holdings in Janus Henderson Group by 23.9% during the 4th quarter. Millennium Management LLC now owns 7,247,633 shares of the company's stock worth $308,242,000 after acquiring an additional 1,399,781 shares during the period. Point72 Asset Management L.P. boosted its position in shares of Janus Henderson Group by 113.7% in the 4th quarter. Point72 Asset Management L.P. now owns 1,010,600 shares of the company's stock worth $42,981,000 after purchasing an additional 537,700 shares during the last quarter. Finally, AQR Capital Management LLC increased its holdings in Janus Henderson Group by 39.8% in the fourth quarter. AQR Capital Management LLC now owns 1,771,147 shares of the company's stock valued at $75,327,000 after purchasing an additional 503,973 shares during the last quarter. 87.94% of the stock is currently owned by institutional investors and hedge funds.

Janus Henderson Group Stock Performance

JHG traded down $0.90 on Friday, reaching $36.13. The company had a trading volume of 777,244 shares, compared to its average volume of 1,153,855. The stock has a market cap of $5.69 billion, a P/E ratio of 14.11, a P/E/G ratio of 0.66 and a beta of 1.42. 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 plc has a fifty-two week low of $28.26 and a fifty-two week high of $46.68. The company's fifty day moving average is $34.77 and its 200 day moving average is $39.23.

Janus Henderson Group (NYSE:JHG - Get Free Report) last posted its earnings results on Thursday, May 1st. The company reported $0.79 EPS for the quarter, beating the consensus estimate of $0.72 by $0.07. The company had revenue of $621.40 million for the quarter, compared to the consensus estimate of $623.56 million. Janus Henderson Group had a return on equity of 12.18% and a net margin of 16.38%. The firm's revenue for the quarter was up 12.6% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.71 earnings per share. As a group, analysts predict that Janus Henderson Group plc will post 3.75 earnings per share for the current fiscal year.

Janus Henderson Group Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, May 29th. Shareholders of record on Monday, May 12th were issued a $0.40 dividend. This represents a $1.60 dividend on an annualized basis and a yield of 4.43%. This is a positive change from Janus Henderson Group's previous quarterly dividend of $0.39. The ex-dividend date of this dividend was Monday, May 12th. Janus Henderson Group's dividend payout ratio is currently 63.49%.

Wall Street Analyst Weigh In

Several research firms have recently issued reports on JHG. Morgan Stanley boosted their target price on Janus Henderson Group from $32.00 to $33.00 and gave the stock an "equal weight" rating in a research report on Tuesday, May 6th. Cowen reaffirmed a "buy" rating on shares of Janus Henderson Group in a research note on Wednesday, May 14th. UBS Group raised shares of 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 research report on Monday, February 24th. 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 note on Thursday, April 3rd. Finally, Wall Street Zen lowered Janus Henderson Group from a "buy" rating to a "hold" rating in a research report on Tuesday, March 25th. Six equities research analysts have rated the stock with a hold rating and five have issued a buy rating to the company's stock. According to MarketBeat, the stock currently has a consensus rating of "Hold" and an average 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.