Janus Henderson Group plc (NYSE:JHG) Stock Holdings Trimmed by Hennion & Walsh Asset Management Inc.

Hennion & Walsh Asset Management Inc. reduced its position in Janus Henderson Group plc (NYSE:JHG - Free Report) by 27.2% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 35,776 shares of the company's stock after selling 13,343 shares during the quarter. Hennion & Walsh Asset Management Inc.'s holdings in Janus Henderson Group were worth $1,293,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. Mirae Asset Global Investments Co. Ltd. boosted its stake in Janus Henderson Group by 17.8% in the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 92,218 shares of the company's stock valued at $3,977,000 after acquiring an additional 13,942 shares during the period. Delphi Management Inc. MA acquired a new position in Janus Henderson Group in the fourth quarter valued at approximately $1,419,000. Bank of New York Mellon Corp boosted its stake in Janus Henderson Group by 3.1% in the fourth quarter. Bank of New York Mellon Corp now owns 1,064,556 shares of the company's stock valued at $45,276,000 after acquiring an additional 32,346 shares during the period. Truist Financial Corp boosted its stake in Janus Henderson Group by 110.2% in the fourth quarter. Truist Financial Corp now owns 5,426 shares of the company's stock valued at $231,000 after acquiring an additional 2,845 shares during the period. Finally, Proficio Capital Partners LLC acquired a new position in Janus Henderson Group in the fourth quarter valued at approximately $997,000. 87.94% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

JHG has been the subject of a number of research reports. Wells Fargo & Company decreased their target price on Janus Henderson Group from $46.00 to $36.00 and set an "equal weight" rating for the company in a research note on Tuesday, April 8th. UBS Group upgraded Janus Henderson Group from a "neutral" rating to a "buy" rating and boosted their price objective for the stock from $45.00 to $50.00 in a research report on Monday, February 24th. Morgan Stanley boosted their price objective on 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. Bank of America upgraded Janus Henderson Group from a "neutral" rating to a "buy" rating and reduced their price objective for the stock from $57.00 to $43.00 in a research report on Thursday, April 3rd. Finally, Wall Street Zen downgraded Janus Henderson Group from a "buy" rating to a "hold" rating in a research report on Tuesday, March 25th. Six investment analysts have rated the stock with a hold rating and five have given a buy rating to the company's stock. Based on data from MarketBeat, the stock currently has a consensus rating of "Hold" and a consensus target price of $42.78.

Janus Henderson Group Price Performance

Shares of NYSE:JHG opened at $36.78 on Friday. Janus Henderson Group plc has a 12 month low of $28.26 and a 12 month high of $46.68. The stock has a market cap of $5.79 billion, a price-to-earnings ratio of 14.37, a PEG ratio of 0.66 and a beta of 1.46. The stock's 50 day moving average price is $34.40 and its 200 day moving average price is $39.44. 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 (NYSE:JHG - Get Free Report) last posted its quarterly earnings results on Thursday, May 1st. The company reported $0.79 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.72 by $0.07. The company had revenue of $621.40 million for the quarter, compared to analysts' expectations of $623.56 million. Janus Henderson Group had a return on equity of 12.18% and a net margin of 16.38%. The firm's revenue was up 12.6% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.71 earnings per share. Equities research analysts anticipate that Janus Henderson Group plc will post 3.75 earnings per share for the current fiscal year.

Janus Henderson Group Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, May 29th. Shareholders of record on Monday, May 12th were issued a $0.40 dividend. The ex-dividend date of this dividend was Monday, May 12th. This represents a $1.60 annualized dividend and a dividend yield of 4.35%. This is a boost from Janus Henderson Group's previous quarterly dividend of $0.39. Janus Henderson Group's dividend payout ratio is currently 63.49%.

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.

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