Bailard Inc. Has $947,000 Stock Position in Janus Henderson Group plc (NYSE:JHG)

Bailard Inc. lifted its holdings in shares of Janus Henderson Group plc (NYSE:JHG - Free Report) by 35.3% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 26,194 shares of the company's stock after purchasing an additional 6,837 shares during the quarter. Bailard Inc.'s holdings in Janus Henderson Group were worth $947,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also modified their holdings of the company. Proficio Capital Partners LLC acquired a new position in Janus Henderson Group during the 4th quarter worth about $997,000. Raymond James Financial Inc. acquired a new stake in Janus Henderson Group in the 4th quarter valued at about $726,000. Amundi raised its position in Janus Henderson Group by 17.7% in the 4th quarter. Amundi now owns 3,671 shares of the company's stock valued at $156,000 after purchasing an additional 552 shares in the last quarter. Avantax Advisory Services Inc. raised its position in Janus Henderson Group by 4.4% in the 4th 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 in the last quarter. Finally, Natixis Advisors LLC raised its position in shares of Janus Henderson Group by 16.2% during the 4th quarter. Natixis Advisors LLC now owns 15,448 shares of the company's stock worth $657,000 after acquiring an additional 2,148 shares in the last quarter. 87.94% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

JHG has been the topic of several research analyst reports. The Goldman Sachs Group cut their price target on Janus Henderson Group from $47.00 to $41.00 and set a "neutral" rating on the stock in a research report on Thursday, April 3rd. Evercore ISI lifted their price target on Janus Henderson Group from $33.00 to $35.00 and gave the stock an "in-line" rating in a research report on Friday, May 2nd. Morgan Stanley lifted their price target on Janus Henderson Group from $33.00 to $36.00 and gave the stock an "equal weight" rating in a research report on Wednesday, July 2nd. Wall Street Zen downgraded Janus Henderson Group from a "buy" rating to a "hold" rating in a research note on Tuesday, March 25th. Finally, Cowen reiterated a "buy" rating on shares of Janus Henderson Group in a research note on Wednesday, May 14th. Six research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. According to data from MarketBeat.com, the company has a consensus rating of "Hold" and an average target price of $43.33.

Janus Henderson Group Stock Performance

NYSE:JHG traded down $0.10 during mid-day trading on Friday, hitting $41.58. The stock had a trading volume of 1,265,192 shares, compared to its average volume of 1,161,041. The company has a 50 day simple moving average of $38.16 and a 200-day simple moving average of $38.36. The company has a current ratio of 4.38, a quick ratio of 2.67 and a debt-to-equity ratio of 0.08. The stock has a market capitalization of $6.55 billion, a price-to-earnings ratio of 16.50, a P/E/G ratio of 1.31 and a beta of 1.43. Janus Henderson Group plc has a 52 week low of $28.26 and a 52 week high of $46.68.

Janus Henderson Group (NYSE:JHG - Get Free Report) last posted its quarterly earnings data on Thursday, May 1st. The company reported $0.79 EPS for the quarter, topping analysts' consensus estimates 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 12.13% and a net margin of 15.56%. The company's quarterly revenue was up 12.6% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.71 EPS. On average, research analysts expect 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 announced a quarterly dividend, which was paid on Thursday, May 29th. Shareholders of record on Monday, May 12th were paid a $0.40 dividend. The ex-dividend date was Monday, May 12th. This represents a $1.60 dividend on an annualized basis and a yield of 3.85%. This is an increase from Janus Henderson Group's previous quarterly dividend of $0.39. Janus Henderson Group's payout ratio is 63.49%.

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.