Wellington Management Group LLP Boosts Stock Holdings in Janus Henderson Group plc (NYSE:JHG)

Wellington Management Group LLP grew its position in shares of Janus Henderson Group plc (NYSE:JHG - Free Report) by 55.0% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 115,387 shares of the company's stock after buying an additional 40,951 shares during the quarter. Wellington Management Group LLP owned 0.07% of Janus Henderson Group worth $4,907,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds also recently made changes to their positions in JHG. Norges Bank purchased a new stake in Janus Henderson Group during the 4th quarter valued at $83,525,000. Castlekeep Investment Advisors LLC bought a new position in Janus Henderson Group during the 4th quarter valued at about $74,989,000. Millennium Management LLC raised its holdings in shares of Janus Henderson Group by 23.9% during the fourth quarter. Millennium Management LLC now owns 7,247,633 shares of the company's stock valued at $308,242,000 after purchasing an additional 1,399,781 shares during the last quarter. Point72 Asset Management L.P. lifted its position in Janus Henderson Group by 113.7% during the fourth quarter. Point72 Asset Management L.P. now owns 1,010,600 shares of the company's stock valued at $42,981,000 after purchasing an additional 537,700 shares during the period. Finally, AQR Capital Management LLC boosted its holdings in Janus Henderson Group by 39.8% in the fourth quarter. AQR Capital Management LLC now owns 1,771,147 shares of the company's stock worth $75,327,000 after purchasing an additional 503,973 shares during the last quarter. Institutional investors own 87.94% of the company's stock.

Janus Henderson Group Price Performance

Shares of JHG traded down $0.17 during mid-day trading on Thursday, reaching $35.97. The stock had a trading volume of 943,930 shares, compared to its average volume of 1,152,580. The business has a fifty day moving average of $34.40 and a 200 day moving average of $39.55. The company has a debt-to-equity ratio of 0.08, a quick ratio of 2.08 and a current ratio of 3.08. The firm has a market cap of $5.67 billion, a price-to-earnings ratio of 14.05, a PEG ratio of 0.66 and a beta of 1.46. Janus Henderson Group plc has a 12 month low of $28.26 and a 12 month high of $46.68.

Janus Henderson Group (NYSE:JHG - Get Free Report) last released its earnings results on Thursday, May 1st. The company reported $0.79 earnings per share for the quarter, beating analysts' consensus estimates of $0.72 by $0.07. Janus Henderson Group had a net margin of 16.38% and a return on equity of 12.18%. The company had revenue of $621.40 million for the quarter, compared to analysts' expectations of $623.56 million. During the same quarter in the previous year, the company earned $0.71 EPS. Janus Henderson Group's revenue for the quarter was up 12.6% on a year-over-year basis. Equities analysts predict that Janus Henderson Group plc will post 3.75 EPS 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 was Monday, May 12th. This represents a $1.60 annualized dividend and a dividend yield of 4.45%. This is a boost from Janus Henderson Group's previous quarterly dividend of $0.39. Janus Henderson Group's dividend payout ratio (DPR) is currently 63.49%.

Analyst Upgrades and Downgrades

JHG has been the topic of several research analyst reports. The Goldman Sachs Group lowered their price target on Janus Henderson Group from $47.00 to $41.00 and set a "neutral" rating on the stock in a report on Thursday, April 3rd. Wall Street Zen downgraded Janus Henderson Group from a "buy" rating to a "hold" rating in a report on Tuesday, March 25th. Wells Fargo & Company dropped their target price on Janus Henderson Group from $46.00 to $36.00 and set an "equal weight" rating on the stock in a research report on Tuesday, April 8th. Cowen reaffirmed a "buy" rating on shares of Janus Henderson Group in a research report on Wednesday, May 14th. Finally, JPMorgan Chase & Co. raised shares of Janus Henderson Group from a "neutral" rating to an "overweight" rating and raised their price objective for the stock from $44.00 to $53.00 in a report on Wednesday, February 5th. Six analysts have rated the stock with a hold rating and five have given a buy rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of "Hold" and an average target price 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.