Wellington Management Group LLP Raises Stake in Janus Henderson Group plc (NYSE:JHG)

Wellington Management Group LLP grew its holdings in shares of Janus Henderson Group plc (NYSE:JHG - Free Report) by 55.0% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 115,387 shares of the company's stock after purchasing an additional 40,951 shares during the quarter. Wellington Management Group LLP owned approximately 0.07% of Janus Henderson Group worth $4,907,000 at the end of the most recent quarter.

A number of other hedge funds also recently bought and sold shares of the business. Norges Bank purchased a new position in Janus Henderson Group in the 4th quarter worth approximately $83,525,000. Castlekeep Investment Advisors LLC purchased a new position in Janus Henderson Group in the 4th quarter worth approximately $74,989,000. Millennium Management LLC lifted its stake in Janus Henderson Group by 23.9% in the 4th quarter. Millennium Management LLC now owns 7,247,633 shares of the company's stock worth $308,242,000 after purchasing an additional 1,399,781 shares in the last quarter. Point72 Asset Management L.P. lifted its stake in Janus Henderson Group by 113.7% in the 4th quarter. Point72 Asset Management L.P. now owns 1,010,600 shares of the company's stock worth $42,981,000 after purchasing an additional 537,700 shares in the last quarter. Finally, AQR Capital Management LLC lifted its stake in Janus Henderson Group by 39.8% in the 4th 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 in the last quarter. Institutional investors and hedge funds own 87.94% of the company's stock.

Analyst Upgrades and Downgrades

JHG has been the topic of a number of research reports. Wall Street Zen lowered shares of Janus Henderson Group from a "buy" rating to a "hold" rating in a research note on Tuesday, March 25th. Bank of America upgraded shares of Janus Henderson Group from a "neutral" rating to a "buy" rating and cut their price target for the stock from $57.00 to $43.00 in a report on Thursday, April 3rd. UBS Group upgraded shares of Janus Henderson Group from a "neutral" rating to a "buy" rating and raised their price target for the stock from $45.00 to $50.00 in a report on Monday, February 24th. Cowen restated a "buy" rating on shares of Janus Henderson Group in a report on Wednesday, May 14th. Finally, The Goldman Sachs Group cut their price target 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. Six analysts have rated the stock with a hold rating and five have assigned a buy rating to the company's stock. According to data from MarketBeat, the stock currently has a consensus rating of "Hold" and an average target price of $42.78.

Janus Henderson Group Stock Up 2.2%

Shares of NYSE:JHG traded up $0.79 during trading on Friday, hitting $36.78. The company's stock had a trading volume of 1,261,443 shares, compared to its average volume of 1,157,688. The business has a 50 day moving average price of $34.40 and a two-hundred day moving average price of $39.44. The company has a market capitalization of $5.79 billion, a PE ratio of 14.37, a P/E/G ratio of 0.66 and a beta of 1.42. The company has a debt-to-equity ratio of 0.08, a quick ratio of 2.08 and a current ratio of 3.08. Janus Henderson Group plc has a fifty-two week low of $28.26 and a fifty-two week high of $46.68.

Janus Henderson Group (NYSE:JHG - Get Free Report) last released its quarterly earnings data on Thursday, May 1st. The company reported $0.79 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.72 by $0.07. The business had revenue of $621.40 million during the quarter, compared to analysts' expectations of $623.56 million. Janus Henderson Group had a net margin of 16.38% and a return on equity of 12.18%. The company's revenue for the quarter was up 12.6% on a year-over-year basis. During the same period in the previous year, the company earned $0.71 EPS. As a group, research analysts expect that Janus Henderson Group plc will post 3.75 EPS for the current fiscal 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 given a dividend of $0.40 per share. This is a boost from Janus Henderson Group's previous quarterly dividend of $0.39. This represents a $1.60 annualized dividend and a dividend yield of 4.35%. The ex-dividend date was Monday, May 12th. Janus Henderson Group's payout ratio is 63.49%.

Janus Henderson Group 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.