Kingsview Wealth Management LLC Decreases Stake in Janus Henderson Group plc (NYSE:JHG)

Kingsview Wealth Management LLC lowered its position in Janus Henderson Group plc (NYSE:JHG - Free Report) by 85.1% during the first quarter, according to its most recent filing with the SEC. The institutional investor owned 12,984 shares of the company's stock after selling 73,937 shares during the period. Kingsview Wealth Management LLC's holdings in Janus Henderson Group were worth $469,000 at the end of the most recent quarter.

Other large investors also recently bought and sold shares of the company. True Wealth Design LLC increased its stake in shares of Janus Henderson Group by 66.9% in the 4th quarter. True Wealth Design LLC now owns 1,020 shares of the company's stock worth $43,000 after acquiring an additional 409 shares during the last quarter. UMB Bank n.a. grew its holdings in shares of Janus Henderson Group by 48.9% during the 1st quarter. UMB Bank n.a. now owns 1,172 shares of the company's stock worth $42,000 after purchasing an additional 385 shares during the period. Bessemer Group Inc. grew its holdings in shares of Janus Henderson Group by 825.2% during the 4th quarter. Bessemer Group Inc. now owns 1,286 shares of the company's stock worth $55,000 after purchasing an additional 1,147 shares during the period. Allworth Financial LP grew its holdings in shares of Janus Henderson Group by 87.9% during the 1st quarter. Allworth Financial LP now owns 1,462 shares of the company's stock worth $48,000 after purchasing an additional 684 shares during the period. Finally, Farther Finance Advisors LLC grew its holdings in shares of Janus Henderson Group by 82.3% during the 1st quarter. Farther Finance Advisors LLC now owns 2,299 shares of the company's stock worth $83,000 after purchasing an additional 1,038 shares during the period. Hedge funds and other institutional investors own 87.94% of the company's stock.

Analyst Ratings Changes

A number of equities analysts have recently weighed in on the company. Wells Fargo & Company increased their price target on Janus Henderson Group from $37.00 to $44.00 and gave the stock an "equal weight" rating in a report on Friday, July 11th. Evercore ISI raised their target price on Janus Henderson Group from $33.00 to $35.00 and gave the company an "in-line" rating in a report on Friday, May 2nd. The Goldman Sachs Group lowered their target price on Janus Henderson Group from $47.00 to $41.00 and set a "neutral" rating for the company in a report on Thursday, April 3rd. Cowen restated a "buy" rating on shares of Janus Henderson Group in a report on Wednesday, May 14th. Finally, JPMorgan Chase & Co. lifted their price objective on Janus Henderson Group from $44.00 to $47.00 and gave the company an "overweight" rating in a research note on Wednesday, July 16th. Six investment analysts have rated the stock with a hold rating and five have given a buy rating to the stock. According to MarketBeat.com, the company has a consensus rating of "Hold" and a consensus price target of $43.33.

Janus Henderson Group Stock Performance

Shares of NYSE:JHG traded up $0.11 during trading on Friday, reaching $43.16. The company had a trading volume of 569,503 shares, compared to its average volume of 1,007,561. The firm has a market capitalization of $6.80 billion, a price-to-earnings ratio of 17.13, a price-to-earnings-growth ratio of 1.35 and a beta of 1.43. The company has a debt-to-equity ratio of 0.08, a current ratio of 4.38 and a quick ratio of 2.67. The stock's fifty day moving average price is $38.57 and its 200 day moving average price is $38.35. 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 earnings results on Thursday, May 1st. The company reported $0.79 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.72 by $0.07. The business had revenue of $621.40 million for the quarter, compared to analyst estimates of $623.56 million. Janus Henderson Group had a return on equity of 12.13% and a net margin of 15.56%. The company's revenue for the quarter was up 12.6% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.71 earnings per share. As a group, equities research analysts predict that Janus Henderson Group plc will post 3.75 EPS for the current year.

Janus Henderson Group Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, May 29th. Stockholders of record on Monday, May 12th were issued a $0.40 dividend. The ex-dividend date was Monday, May 12th. This represents a $1.60 dividend on an annualized basis and a dividend yield of 3.71%. This is a positive change from Janus Henderson Group's previous quarterly dividend of $0.39. Janus Henderson Group's payout ratio 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.