Lecap Asset Management Ltd. Takes $656,000 Position in Janus Henderson Group plc (NYSE:JHG)

Lecap Asset Management Ltd. acquired a new position in Janus Henderson Group plc (NYSE:JHG - Free Report) in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor acquired 18,136 shares of the company's stock, valued at approximately $656,000.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. GAMMA Investing LLC increased its stake in shares of Janus Henderson Group by 4,188.8% in the 1st 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 in the last quarter. Delphi Management Inc. MA purchased a new stake in shares of Janus Henderson Group in the 4th quarter worth $1,419,000. Bank of New York Mellon Corp increased its stake in shares of 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 purchasing an additional 32,346 shares in the last quarter. Truist Financial Corp increased its stake 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 purchasing an additional 2,845 shares in the last quarter. Finally, Assenagon Asset Management S.A. boosted its holdings in Janus Henderson Group by 23.7% in the 1st quarter. Assenagon Asset Management S.A. now owns 63,334 shares of the company's stock worth $2,290,000 after buying an additional 12,119 shares during the period. 87.94% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several research analysts recently weighed in on JHG shares. Cowen reaffirmed a "buy" rating on shares of Janus Henderson Group in a report on Wednesday, May 14th. Morgan Stanley upped their target price on shares of Janus Henderson Group from $32.00 to $33.00 and gave the stock an "equal weight" rating in a report on Tuesday, May 6th. Bank of America raised shares of Janus Henderson Group from a "neutral" rating to a "buy" rating and dropped their target price for the stock from $57.00 to $43.00 in a report on Thursday, April 3rd. Wall Street Zen downgraded shares of Janus Henderson Group from a "buy" rating to a "hold" rating in a report on Tuesday, March 25th. Finally, Evercore ISI upped their target price on shares of Janus Henderson Group from $33.00 to $35.00 and gave the stock an "in-line" rating in a report on Friday, May 2nd. Six equities research 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.com, Janus Henderson Group presently has an average rating of "Hold" and a consensus price target of $42.78.

Janus Henderson Group Price Performance

Shares of JHG traded up $0.63 during midday trading on Friday, hitting $38.77. 1,205,273 shares of the company traded hands, compared to its average volume of 1,155,067. The firm has a 50 day moving average of $35.95 and a 200-day moving average of $38.68. Janus Henderson Group plc has a 52 week low of $28.26 and a 52 week high of $46.68. The stock has a market cap of $6.11 billion, a price-to-earnings ratio of 15.38, a PEG ratio of 1.32 and a beta of 1.42. The company has a debt-to-equity ratio of 0.08, a quick ratio of 2.67 and a current ratio of 4.38.

Janus Henderson Group (NYSE:JHG - Get Free Report) last released its quarterly earnings data on Thursday, May 1st. The company reported $0.79 EPS for the quarter, beating the consensus estimate of $0.72 by $0.07. Janus Henderson Group had a net margin of 15.56% and a return on equity of 12.13%. The business had revenue of $621.40 million during the quarter, compared to the consensus estimate of $623.56 million. During the same quarter in the prior year, the firm earned $0.71 EPS. The business's revenue was up 12.6% on a year-over-year basis. On average, analysts forecast that Janus Henderson Group plc will post 3.75 EPS for the current fiscal year.

Janus Henderson Group Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, May 29th. Shareholders of record on Monday, May 12th were issued a dividend of $0.40 per share. This represents a $1.60 annualized dividend and a dividend yield of 4.13%. The ex-dividend date was Monday, May 12th. This is an increase from Janus Henderson Group's previous quarterly dividend of $0.39. Janus Henderson Group's dividend 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.