Janus Henderson Group plc (NYSE:JHG) Shares Sold by Man Group plc

Man Group plc lessened its position in Janus Henderson Group plc (NYSE:JHG - Free Report) by 17.4% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 157,281 shares of the company's stock after selling 33,053 shares during the period. Man Group plc owned approximately 0.10% of Janus Henderson Group worth $6,689,000 at the end of the most recent reporting period.

Other large investors have also modified their holdings of the company. Richardson Financial Services Inc. increased its holdings in shares of Janus Henderson Group by 89.4% in the 4th quarter. Richardson Financial Services Inc. now owns 769 shares of the company's stock worth $33,000 after acquiring an additional 363 shares during the period. UMB Bank n.a. increased its holdings in shares of Janus Henderson Group by 56.5% in the 4th quarter. UMB Bank n.a. now owns 787 shares of the company's stock worth $33,000 after acquiring an additional 284 shares during the period. Larson Financial Group LLC increased its holdings in shares of Janus Henderson Group by 33.9% in the 4th quarter. Larson Financial Group LLC now owns 1,137 shares of the company's stock worth $48,000 after acquiring an additional 288 shares during the period. Bessemer Group Inc. increased its holdings in shares of Janus Henderson Group by 825.2% in the 4th quarter. Bessemer Group Inc. now owns 1,286 shares of the company's stock worth $55,000 after acquiring an additional 1,147 shares during the period. Finally, EverSource Wealth Advisors LLC increased its holdings in shares of Janus Henderson Group by 48.7% in the 4th quarter. EverSource Wealth Advisors LLC now owns 1,872 shares of the company's stock worth $80,000 after acquiring an additional 613 shares during the period. Institutional investors and hedge funds own 87.94% of the company's stock.

Wall Street Analyst Weigh In

JHG has been the topic of a number of analyst reports. JPMorgan Chase & Co. raised shares of Janus Henderson Group from a "neutral" rating to an "overweight" rating and increased their price objective for the stock from $44.00 to $53.00 in a report on Wednesday, February 5th. Cowen restated a "buy" rating on shares of Janus Henderson Group in a research report on Wednesday, May 14th. Wells Fargo & Company dropped their price target on shares of 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. Bank of America upgraded shares of Janus Henderson Group from a "neutral" rating to a "buy" rating and dropped their price target for the stock from $57.00 to $43.00 in a research report on Thursday, April 3rd. Finally, Morgan Stanley boosted their price target on shares of Janus Henderson Group from $32.00 to $33.00 and gave the stock an "equal weight" rating in a research report on Tuesday, May 6th. Six investment analysts have rated the stock with a hold rating and five have assigned a buy rating to the stock. According to data from MarketBeat.com, Janus Henderson Group currently has an average rating of "Hold" and a consensus target price of $42.78.

Janus Henderson Group Stock Performance

Shares of JHG opened at $38.40 on Tuesday. The firm's 50 day moving average is $34.55 and its 200-day moving average is $40.11. The stock has a market capitalization of $6.05 billion, a P/E ratio of 15.00, a P/E/G ratio of 0.66 and a beta of 1.46. The company has a debt-to-equity ratio of 0.08, a current ratio of 3.08 and a quick ratio of 2.08. 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 announced 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. 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 posted $0.71 EPS. The business's revenue was up 12.6% compared to the same quarter last year. Equities research analysts anticipate that Janus Henderson Group plc will post 3.75 EPS for the current fiscal year.

Janus Henderson Group Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, May 29th. Shareholders of record on Monday, May 12th will be issued a $0.40 dividend. This represents a $1.60 annualized dividend and a dividend yield of 4.17%. This is a boost from Janus Henderson Group's previous quarterly dividend of $0.39. The ex-dividend date of this dividend is Monday, May 12th. Janus Henderson Group's dividend payout ratio (DPR) is presently 63.49%.

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.

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