Castlekeep Investment Advisors LLC acquired a new stake in shares of Janus Henderson Group plc (NYSE:JHG - Free Report) during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 40,965 shares of the company's stock, valued at approximately $1,742,000.
Other hedge funds have also recently made changes to their positions in the company. Vanguard Group Inc. lifted its position in Janus Henderson Group by 1.5% during the 4th quarter. Vanguard Group Inc. now owns 14,148,813 shares of the company's stock worth $601,749,000 after acquiring an additional 203,330 shares during the period. Millennium Management LLC raised its stake in shares of Janus Henderson Group by 23.9% in the fourth quarter. Millennium Management LLC now owns 7,247,633 shares of the company's stock worth $308,242,000 after purchasing an additional 1,399,781 shares during the last quarter. Charles Schwab Investment Management Inc. lifted its holdings in shares of Janus Henderson Group by 3.3% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 4,593,441 shares of the company's stock worth $195,359,000 after purchasing an additional 147,362 shares during the period. Northern Trust Corp boosted its position in Janus Henderson Group by 8.4% in the fourth quarter. Northern Trust Corp now owns 2,320,796 shares of the company's stock valued at $98,703,000 after buying an additional 180,726 shares during the last quarter. Finally, Norges Bank purchased a new stake in Janus Henderson Group in the fourth quarter valued at approximately $83,525,000. 87.94% of the stock is owned by institutional investors and hedge funds.
Janus Henderson Group Price Performance
NYSE JHG traded down $0.07 during trading hours on Thursday, reaching $36.92. The company's stock had a trading volume of 427,259 shares, compared to its average volume of 1,143,724. The firm has a market capitalization of $5.82 billion, a price-to-earnings ratio of 14.42, a P/E/G ratio of 0.66 and a beta of 1.46. Janus Henderson Group plc has a 1-year low of $28.26 and a 1-year high of $46.68. The company has a debt-to-equity ratio of 0.08, a current ratio of 3.08 and a quick ratio of 2.08. The company's 50-day moving average is $34.48 and its two-hundred day moving average is $39.84.
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, beating analysts' consensus estimates of $0.72 by $0.07. Janus Henderson Group had a return on equity of 12.18% and a net margin of 16.38%. The business had revenue of $621.40 million during the quarter, compared to analysts' expectations of $623.56 million. During the same period in the previous year, the business earned $0.71 earnings per share. The business's revenue was up 12.6% compared to the same quarter last year. On average, equities analysts predict that Janus Henderson Group plc will post 3.75 EPS for the current year.
Janus Henderson Group Increases Dividend
The business also recently disclosed a quarterly dividend, which will be paid on Thursday, May 29th. Shareholders of record on Monday, May 12th will be issued a dividend of $0.40 per share. This represents a $1.60 annualized dividend and a yield of 4.33%. This is an increase from Janus Henderson Group's previous quarterly dividend of $0.39. The ex-dividend date is Monday, May 12th. Janus Henderson Group's dividend payout ratio (DPR) is presently 63.49%.
Wall Street Analysts Forecast Growth
Several analysts have commented on JHG shares. The Goldman Sachs Group decreased 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. Wall Street Zen downgraded shares of Janus Henderson Group from a "buy" rating to a "hold" rating in a research report on Tuesday, March 25th. Cowen reiterated a "buy" rating on shares of Janus Henderson Group in a research note on Wednesday, May 14th. UBS Group raised Janus Henderson Group from a "neutral" rating to a "buy" rating and boosted their price objective for the company from $45.00 to $50.00 in a report on Monday, February 24th. Finally, Morgan Stanley raised their target price on Janus Henderson Group from $32.00 to $33.00 and gave the stock an "equal weight" rating in a report on Tuesday, May 6th. 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, the company presently has a consensus rating of "Hold" and an average price target of $42.78.
Check Out Our Latest Report on JHG
About Janus Henderson Group
(
Free Report)
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.
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