Janus Henderson Group plc (NYSE:JHG) Shares Bought by SG Americas Securities LLC

SG Americas Securities LLC raised its holdings in shares of Janus Henderson Group plc (NYSE:JHG - Free Report) by 4,233.1% in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 834,380 shares of the company's stock after buying an additional 815,124 shares during the period. SG Americas Securities LLC owned about 0.53% of Janus Henderson Group worth $30,163,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently modified their holdings of JHG. Delphi Management Inc. MA bought a new stake in shares of Janus Henderson Group during the 4th quarter valued at $1,419,000. GAMMA Investing LLC lifted its position in shares of Janus Henderson Group by 4,188.8% during the first quarter. GAMMA Investing LLC now owns 144,962 shares of the company's stock worth $5,240,000 after purchasing an additional 141,582 shares during the last quarter. Bank of New York Mellon Corp grew its stake in Janus Henderson Group by 3.1% in the 4th quarter. Bank of New York Mellon Corp now owns 1,064,556 shares of the company's stock worth $45,276,000 after acquiring an additional 32,346 shares in the last quarter. Truist Financial Corp lifted its holdings in shares of Janus Henderson Group by 110.2% in the 4th quarter. Truist Financial Corp now owns 5,426 shares of the company's stock worth $231,000 after buying an additional 2,845 shares during the period. Finally, Proficio Capital Partners LLC purchased a new position in shares of Janus Henderson Group during the fourth quarter valued at $997,000. 87.94% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of research analysts have recently issued reports on JHG shares. Bank of America upgraded Janus Henderson Group from a "neutral" rating to a "buy" rating and cut their price target for the company from $57.00 to $43.00 in a report on Thursday, April 3rd. Morgan Stanley lifted their target price on Janus Henderson Group from $32.00 to $33.00 and gave the stock an "equal weight" rating in a report on Tuesday, May 6th. Wall Street Zen cut Janus Henderson Group from a "buy" rating to a "hold" rating in a research report on Tuesday, March 25th. Evercore ISI raised their price target on shares of Janus Henderson Group from $33.00 to $35.00 and gave the company an "in-line" rating in a research report on Friday, May 2nd. Finally, UBS Group upgraded Janus Henderson Group from a "neutral" rating to a "buy" rating and boosted their price objective for the company from $45.00 to $50.00 in a research report on Monday, February 24th. Six research analysts have rated the stock with a hold rating and five have given a buy rating to the company's stock. According to data from MarketBeat, Janus Henderson Group currently has a consensus rating of "Hold" and a consensus target price of $42.78.

Janus Henderson Group Price Performance

JHG traded down $0.90 on Friday, reaching $36.13. 777,244 shares of the company's stock were exchanged, compared to its average volume of 1,154,442. Janus Henderson Group plc has a twelve month low of $28.26 and a twelve month high of $46.68. The stock has a market cap of $5.69 billion, a PE ratio of 14.11, 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 current ratio of 3.08 and a quick ratio of 2.08. The stock's fifty day moving average price is $34.90 and its 200-day moving average price is $39.16.

Janus Henderson Group (NYSE:JHG - Get Free Report) last issued its 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 12.18% and a net margin of 16.38%. The business had revenue of $621.40 million during the quarter, compared to the consensus estimate of $623.56 million. During the same period last year, the company earned $0.71 EPS. The company's revenue for the quarter was up 12.6% on a year-over-year basis. Sell-side analysts expect 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. Shareholders of record on Monday, May 12th were given a $0.40 dividend. The ex-dividend date of this dividend was Monday, May 12th. This represents a $1.60 dividend on an annualized basis and a yield of 4.43%. This is an increase from Janus Henderson Group's previous quarterly dividend of $0.39. Janus Henderson Group's payout ratio is currently 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.