Mackenzie Financial Corp Boosts Stake in Janus Henderson Group plc (NYSE:JHG)

Mackenzie Financial Corp raised its position in Janus Henderson Group plc (NYSE:JHG - Free Report) by 106.2% during the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 49,716 shares of the company's stock after purchasing an additional 25,605 shares during the period. Mackenzie Financial Corp's holdings in Janus Henderson Group were worth $2,114,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Barclays PLC lifted its holdings in shares of Janus Henderson Group by 84.0% in the third quarter. Barclays PLC now owns 96,217 shares of the company's stock valued at $3,663,000 after purchasing an additional 43,933 shares in the last quarter. KBC Group NV grew its holdings in Janus Henderson Group by 63.6% during the 4th quarter. KBC Group NV now owns 4,546 shares of the company's stock valued at $193,000 after buying an additional 1,768 shares during the last quarter. Foundations Investment Advisors LLC purchased a new position in Janus Henderson Group during the fourth quarter worth $219,000. Robeco Institutional Asset Management B.V. raised its holdings in shares of Janus Henderson Group by 2.6% in the fourth quarter. Robeco Institutional Asset Management B.V. now owns 160,249 shares of the company's stock worth $6,815,000 after acquiring an additional 4,120 shares during the last quarter. Finally, Foster & Motley Inc. lifted its position in shares of Janus Henderson Group by 18.8% in the fourth quarter. Foster & Motley Inc. now owns 9,539 shares of the company's stock valued at $406,000 after acquiring an additional 1,510 shares in the last quarter. Institutional investors and hedge funds own 87.94% of the company's stock.

Wall Street Analyst Weigh In

JHG has been the topic of several recent analyst reports. UBS Group raised shares of Janus Henderson Group from a "neutral" rating to a "buy" rating and upped their price objective for the company from $45.00 to $50.00 in a research note on Monday, February 24th. The Goldman Sachs Group dropped their target price on Janus Henderson Group from $47.00 to $41.00 and set a "neutral" rating for the company in a research note on Thursday, April 3rd. Cowen restated a "buy" rating on shares of Janus Henderson Group in a report on Wednesday, May 14th. JPMorgan Chase & Co. upgraded 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. Finally, Wells Fargo & Company cut 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 note on Tuesday, April 8th. Six investment analysts have rated the stock with a hold rating and five have issued a buy rating to the company's stock. According to data from MarketBeat, Janus Henderson Group currently has an average rating of "Hold" and an average price target of $42.78.

Janus Henderson Group Stock Down 0.4%

Shares of NYSE:JHG traded down $0.15 during midday trading on Wednesday, hitting $36.19. 1,704,942 shares of the company's stock traded hands, compared to its average volume of 1,153,417. The firm's fifty day moving average price is $34.40 and its two-hundred day moving average price is $39.55. The company has a debt-to-equity ratio of 0.08, a quick ratio of 2.08 and a current ratio of 3.08. Janus Henderson Group plc has a twelve month low of $28.26 and a twelve month high of $46.68. The company has a market cap of $5.70 billion, a PE ratio of 14.14, a P/E/G ratio of 0.66 and a beta of 1.46.

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 for the quarter, topping the consensus estimate 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 company 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 business earned $0.71 earnings per share. The company's revenue was up 12.6% compared to the same quarter last year. On average, 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 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. This represents a $1.60 dividend on an annualized basis and a yield of 4.42%. The ex-dividend date was Monday, May 12th. 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%.

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.