Css LLC Il Takes Position in Janus Henderson Group plc (NYSE:JHG)

CSS LLC IL acquired a new stake in Janus Henderson Group plc (NYSE:JHG - Free Report) in the fourth quarter, according to the company in its most recent filing with the SEC. The firm acquired 14,998 shares of the company's stock, valued at approximately $638,000.

Other hedge funds have also added to or reduced their stakes in the company. UMB Bank n.a. increased its position in Janus Henderson Group by 56.5% in the 4th quarter. UMB Bank n.a. now owns 787 shares of the company's stock valued at $33,000 after acquiring an additional 284 shares during the period. Richardson Financial Services Inc. grew its stake in shares of Janus Henderson Group by 89.4% in the fourth quarter. Richardson Financial Services Inc. now owns 769 shares of the company's stock worth $33,000 after purchasing an additional 363 shares during the last quarter. True Wealth Design LLC increased its holdings in Janus Henderson Group by 66.9% in the fourth quarter. True Wealth Design LLC now owns 1,020 shares of the company's stock valued at $43,000 after purchasing an additional 409 shares during the period. Larson Financial Group LLC increased its holdings in Janus Henderson Group by 33.9% in the fourth quarter. Larson Financial Group LLC now owns 1,137 shares of the company's stock valued at $48,000 after purchasing an additional 288 shares during the period. Finally, Bessemer Group Inc. raised its position in Janus Henderson Group by 825.2% during the 4th quarter. Bessemer Group Inc. now owns 1,286 shares of the company's stock worth $55,000 after purchasing an additional 1,147 shares during the last quarter. 87.94% of the stock is currently owned by institutional investors and hedge funds.

Janus Henderson Group Trading Up 2.6%

NYSE JHG traded up $0.94 during trading hours on Tuesday, hitting $37.20. 222,054 shares of the company's stock were exchanged, compared to its average volume of 1,133,493. The firm has a market cap of $5.86 billion, a price-to-earnings ratio of 14.54, a PEG ratio of 0.66 and a beta of 1.46. The stock has a 50-day simple moving average of $34.50 and a 200 day simple moving average of $39.88. The company has a current ratio of 3.08, a quick ratio of 2.08 and a debt-to-equity ratio of 0.08. Janus Henderson Group plc has a 1-year low of $28.26 and a 1-year high of $46.68.

Janus Henderson Group (NYSE:JHG - Get Free Report) last posted its quarterly earnings results on Thursday, May 1st. The company reported $0.79 earnings per share (EPS) 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 analysts' expectations of $623.56 million. Janus Henderson Group had a return on equity of 12.18% and a net margin of 16.38%. The company's revenue for the quarter was up 12.6% compared to the same quarter last year. During the same period in the prior year, the business earned $0.71 EPS. On average, equities analysts forecast that Janus Henderson Group plc will post 3.75 EPS for the current fiscal year.

Janus Henderson Group Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, May 29th. Investors of record on Monday, May 12th will be paid a dividend of $0.40 per share. The ex-dividend date of this dividend is Monday, May 12th. This is a positive change from Janus Henderson Group's previous quarterly dividend of $0.39. This represents a $1.60 annualized dividend and a yield of 4.30%. Janus Henderson Group's dividend payout ratio is currently 63.49%.

Wall Street Analysts Forecast Growth

A number of research firms have commented on JHG. Wall Street Zen lowered Janus Henderson Group from a "buy" rating to a "hold" rating in a research report on Tuesday, March 25th. JPMorgan Chase & Co. raised Janus Henderson Group from a "neutral" rating to an "overweight" rating and lifted their price objective for the stock from $44.00 to $53.00 in a research note on Wednesday, February 5th. The Goldman Sachs Group decreased their target price on shares of Janus Henderson Group from $47.00 to $41.00 and set a "neutral" rating for the company in a research report on Thursday, April 3rd. Wells Fargo & Company lowered their price target on shares of Janus Henderson Group from $46.00 to $36.00 and set an "equal weight" rating for the company in a report on Tuesday, April 8th. Finally, Bank of America upgraded shares of Janus Henderson Group from a "neutral" rating to a "buy" rating and dropped their price target for the stock from $57.00 to $43.00 in a research report on Thursday, April 3rd. Six analysts have rated the stock with a hold rating and five have given a buy rating to the stock. According to MarketBeat, the stock has an average rating of "Hold" and an average price target of $42.78.

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.