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IFP Advisors Inc Has $338,000 Holdings in Janus Henderson Group plc (NYSE:JHG)

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Key Points

  • IFP Advisors Inc increased its holdings in Janus Henderson Group by 6,174.5% during the 1st quarter, now owning 9,349 shares valued at $338,000.
  • Several institutional investors also boosted their stakes, with UMB Bank and Bessemer Group increasing their positions by nearly 49% and 825% respectively.
  • Janus Henderson Group recently announced a quarterly dividend increase to $0.40 per share, reflecting a dividend yield of 3.71%.
  • Five stocks to consider instead of Janus Henderson Group.

IFP Advisors Inc grew its position in Janus Henderson Group plc (NYSE:JHG - Free Report) by 6,174.5% during the 1st quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 9,349 shares of the company's stock after purchasing an additional 9,200 shares during the period. IFP Advisors Inc's holdings in Janus Henderson Group were worth $338,000 as of its most recent filing with the SEC.

Other large investors have also made changes to their positions in the company. Louisiana State Employees Retirement System boosted its holdings in shares of Janus Henderson Group by 0.8% in the 1st quarter. Louisiana State Employees Retirement System now owns 35,600 shares of the company's stock worth $1,287,000 after acquiring an additional 300 shares in the last quarter. Wells Fargo & Company MN boosted its stake in shares of Janus Henderson Group by 4.0% in the 4th quarter. Wells Fargo & Company MN now owns 8,755 shares of the company's stock valued at $372,000 after purchasing an additional 339 shares during the last quarter. Sterling Capital Management LLC grew its position in shares of Janus Henderson Group by 1.1% during the 4th quarter. Sterling Capital Management LLC now owns 35,421 shares of the company's stock worth $1,506,000 after buying an additional 384 shares during the period. UMB Bank n.a. raised its stake in shares of Janus Henderson Group by 48.9% during the first quarter. UMB Bank n.a. now owns 1,172 shares of the company's stock worth $42,000 after buying an additional 385 shares during the last quarter. Finally, ProShare Advisors LLC lifted its holdings in Janus Henderson Group by 7.2% in the fourth quarter. ProShare Advisors LLC now owns 5,952 shares of the company's stock valued at $253,000 after buying an additional 398 shares during the period. Institutional investors own 87.94% of the company's stock.

Janus Henderson Group Stock Up 0.3%

JHG traded up $0.12 during trading on Wednesday, hitting $43.24. The company had a trading volume of 1,798,958 shares, compared to its average volume of 940,983. The firm's 50-day moving average price is $38.90 and its 200 day moving average price is $38.40. The company has a market capitalization of $6.81 billion, a PE ratio of 17.16, a PEG ratio of 1.35 and a beta of 1.43. The company has a quick ratio of 2.67, a current ratio of 4.38 and a debt-to-equity ratio of 0.08. Janus Henderson Group plc has a one year low of $28.26 and a one year 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 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.72 by $0.07. Janus Henderson Group had a return on equity of 12.13% and a net margin of 15.56%. The business had revenue of $621.40 million during the quarter, compared to the consensus estimate of $623.56 million. During the same period last year, the company earned $0.71 earnings per share. Janus Henderson Group's quarterly revenue was up 12.6% on a year-over-year basis. As a group, equities analysts expect 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 declared a quarterly dividend, which was paid on Thursday, May 29th. Shareholders of record on Monday, May 12th were paid a $0.40 dividend. 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 3.70%. The ex-dividend date of this dividend was Monday, May 12th. Janus Henderson Group's payout ratio is presently 63.49%.

Analyst Upgrades and Downgrades

A number of analysts have commented on JHG shares. The Goldman Sachs Group lowered 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 report on Thursday, April 3rd. Bank of America upgraded Janus Henderson Group from a "neutral" rating to a "buy" rating and decreased their target price for the stock from $57.00 to $43.00 in a research report on Thursday, April 3rd. Cowen reiterated a "buy" rating on shares of Janus Henderson Group in a research report on Wednesday, May 14th. Evercore ISI boosted their price objective on shares of Janus Henderson Group from $33.00 to $35.00 and gave the company an "in-line" rating in a report on Friday, May 2nd. Finally, JPMorgan Chase & Co. upped their target price on shares of Janus Henderson Group from $44.00 to $47.00 and gave the company an "overweight" rating in a research note on Wednesday, July 16th. Six investment analysts have rated the stock with a hold rating and five have given a buy rating to the company's stock. Based on data from MarketBeat, Janus Henderson Group presently has an average rating of "Hold" and an average target price of $43.33.

View Our Latest Stock Report on Janus Henderson Group

Janus Henderson Group Company Profile

(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.

See Also

Institutional Ownership by Quarter for Janus Henderson Group (NYSE:JHG)

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