Mutual of America Capital Management LLC Purchases 13,080 Shares of Janus Henderson Group plc (NYSE:JHG)

Mutual of America Capital Management LLC increased its holdings in shares of Janus Henderson Group plc (NYSE:JHG - Free Report) by 4.3% during the first quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 319,131 shares of the company's stock after acquiring an additional 13,080 shares during the quarter. Mutual of America Capital Management LLC owned about 0.20% of Janus Henderson Group worth $11,537,000 as of its most recent filing with the SEC.

A number of other hedge funds have also bought and sold shares of the business. Atria Investments Inc grew its stake in Janus Henderson Group by 12.4% during the fourth quarter. Atria Investments Inc now owns 11,003 shares of the company's stock worth $468,000 after buying an additional 1,212 shares in the last quarter. Proficio Capital Partners LLC acquired a new stake in Janus Henderson Group during the fourth quarter worth about $997,000. Raymond James Financial Inc. acquired a new stake in Janus Henderson Group during the fourth quarter worth about $726,000. Amundi grew its stake in Janus Henderson Group by 17.7% during the fourth quarter. Amundi now owns 3,671 shares of the company's stock worth $156,000 after buying an additional 552 shares in the last quarter. Finally, Zurcher Kantonalbank Zurich Cantonalbank grew its stake in Janus Henderson Group by 77.4% during the fourth quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 52,378 shares of the company's stock worth $2,228,000 after buying an additional 22,857 shares in the last quarter. 87.94% of the stock is owned by institutional investors.

Janus Henderson Group Trading Up 1.7%

NYSE:JHG traded up $0.71 during mid-day trading on Thursday, hitting $41.73. 1,149,430 shares of the company's stock were exchanged, compared to its average volume of 1,157,386. The company has a 50 day simple moving average of $38.06 and a 200-day simple moving average of $38.39. The company has a current ratio of 4.38, a quick ratio of 2.67 and a debt-to-equity ratio of 0.08. Janus Henderson Group plc has a fifty-two week low of $28.26 and a fifty-two week high of $46.68. The firm has a market capitalization of $6.57 billion, a P/E ratio of 16.56, a PEG ratio of 1.30 and a beta of 1.43.

Janus Henderson Group (NYSE:JHG - Get Free Report) last posted its earnings results on Thursday, May 1st. The company reported $0.79 EPS for the quarter, topping the consensus estimate of $0.72 by $0.07. Janus Henderson Group had a net margin of 15.56% and a return on equity of 12.13%. The business had revenue of $621.40 million for the quarter, compared to the consensus estimate of $623.56 million. During the same period last year, the company earned $0.71 EPS. The firm's revenue was up 12.6% compared to the same quarter last year. As a group, research 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 announced a quarterly dividend, which was paid on Thursday, May 29th. Investors of record on Monday, May 12th were given a dividend of $0.40 per share. The ex-dividend date of this dividend was Monday, May 12th. This is an increase from Janus Henderson Group's previous quarterly dividend of $0.39. This represents a $1.60 annualized dividend and a yield of 3.83%. Janus Henderson Group's dividend payout ratio (DPR) is currently 63.49%.

Wall Street Analysts Forecast Growth

A number of brokerages have issued reports on JHG. The Goldman Sachs Group reduced their price objective on shares of Janus Henderson Group from $47.00 to $41.00 and set a "neutral" rating on the stock 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 note on Tuesday, March 25th. JPMorgan Chase & Co. raised their price target 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. Wells Fargo & Company raised their price target on shares of Janus Henderson Group from $37.00 to $44.00 and gave the company an "equal weight" rating in a research note on Friday, July 11th. Finally, Bank of America upgraded shares of Janus Henderson Group from a "neutral" rating to a "buy" rating and reduced their price target for the company from $57.00 to $43.00 in a research note on Thursday, April 3rd. Six analysts have rated the stock with a hold rating and five have issued a buy rating to the company. According to data from MarketBeat.com, Janus Henderson Group currently has an average rating of "Hold" and an average price target of $43.33.

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.