Impact Partnership Wealth LLC Invests $404,000 in Janus Henderson Group plc (NYSE:JHG)

Impact Partnership Wealth LLC purchased a new position in shares of Janus Henderson Group plc (NYSE:JHG - Free Report) during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 11,163 shares of the company's stock, valued at approximately $404,000.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in JHG. Mirae Asset Global Investments Co. Ltd. boosted its position in Janus Henderson Group by 12.4% during the 1st quarter. Mirae Asset Global Investments Co. Ltd. now owns 103,653 shares of the company's stock valued at $3,729,000 after buying an additional 11,435 shares during the period. GAMMA Investing LLC lifted its position in Janus Henderson Group by 4,188.8% during the 1st quarter. GAMMA Investing LLC now owns 144,962 shares of the company's stock valued at $5,240,000 after acquiring an additional 141,582 shares during the period. Assenagon Asset Management S.A. lifted its position in Janus Henderson Group by 23.7% during the 1st quarter. Assenagon Asset Management S.A. now owns 63,334 shares of the company's stock valued at $2,290,000 after acquiring an additional 12,119 shares during the period. Mutual of America Capital Management LLC grew its stake in shares of Janus Henderson Group by 4.3% in the first quarter. Mutual of America Capital Management LLC now owns 319,131 shares of the company's stock worth $11,537,000 after acquiring an additional 13,080 shares during the period. Finally, Nilsine Partners LLC grew its position in Janus Henderson Group by 31.2% during the first quarter. Nilsine Partners LLC now owns 33,358 shares of the company's stock valued at $1,206,000 after buying an additional 7,942 shares during the period. 87.94% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of equities analysts have weighed in on the stock. Evercore ISI upped their price objective on shares of 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. Bank of America raised Janus Henderson Group from a "neutral" rating to a "buy" rating and reduced their target price for the company from $57.00 to $43.00 in a report on Thursday, April 3rd. Morgan Stanley lifted their price target on Janus Henderson Group from $33.00 to $36.00 and gave the company an "equal weight" rating in a report on Wednesday, July 2nd. Wall Street Zen lowered Janus Henderson Group from a "buy" rating to a "hold" rating in a research report on Tuesday, March 25th. Finally, Cowen reissued a "buy" rating on shares of Janus Henderson Group in a report on Wednesday, May 14th. 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.com, Janus Henderson Group presently has a consensus rating of "Hold" and a consensus target price of $43.33.

Janus Henderson Group Trading Down 0.5%

NYSE JHG traded down $0.19 during trading on Monday, hitting $41.38. The stock had a trading volume of 964,449 shares, compared to its average volume of 1,160,255. The stock has a market capitalization of $6.52 billion, a price-to-earnings ratio of 16.42, a P/E/G ratio of 1.31 and a beta of 1.43. The stock has a 50 day simple moving average of $38.16 and a 200 day simple moving average of $38.32. Janus Henderson Group plc has a one year low of $28.26 and a one year high of $46.68. The company has a debt-to-equity ratio of 0.08, a quick ratio of 2.67 and a current ratio of 4.38.

Janus Henderson Group (NYSE:JHG - Get Free Report) last issued 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. 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 for the quarter, compared to the consensus estimate of $623.56 million. During the same period in the prior year, the firm posted $0.71 earnings per share. The business's quarterly revenue was up 12.6% on a year-over-year basis. Sell-side analysts predict that Janus Henderson Group plc will post 3.75 earnings per share for the current year.

Janus Henderson Group Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, May 29th. Stockholders of record on Monday, May 12th were issued a $0.40 dividend. This represents a $1.60 dividend on an annualized basis and a dividend yield of 3.87%. This is a positive change from Janus Henderson Group's previous quarterly dividend of $0.39. The ex-dividend date was Monday, May 12th. Janus Henderson Group's dividend payout ratio (DPR) is presently 63.49%.

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.