MQS Management LLC Makes New $480,000 Investment in Janus Henderson Group plc (NYSE:JHG)

MQS Management LLC purchased a new position in Janus Henderson Group plc (NYSE:JHG - Free Report) during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 13,276 shares of the company's stock, valued at approximately $480,000.

Several other institutional investors have also recently made changes to their positions in JHG. True Wealth Design LLC grew its position in Janus Henderson Group by 66.9% during the fourth quarter. True Wealth Design LLC now owns 1,020 shares of the company's stock worth $43,000 after buying an additional 409 shares in the last quarter. UMB Bank n.a. boosted its position 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 valued at $42,000 after acquiring an additional 385 shares during the last quarter. Bessemer Group Inc. grew its holdings in shares of Janus Henderson Group by 825.2% during the fourth quarter. Bessemer Group Inc. now owns 1,286 shares of the company's stock worth $55,000 after purchasing an additional 1,147 shares in the last quarter. Allworth Financial LP increased its position in shares of Janus Henderson Group by 87.9% in the first 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 last quarter. Finally, EverSource Wealth Advisors LLC increased its position in shares of Janus Henderson Group by 48.7% in the fourth quarter. EverSource Wealth Advisors LLC now owns 1,872 shares of the company's stock worth $80,000 after purchasing an additional 613 shares during the last quarter. Institutional investors own 87.94% of the company's stock.

Janus Henderson Group Trading Up 0.6%

Shares of NYSE:JHG traded up $0.27 on Monday, reaching $41.53. 1,000,558 shares of the company traded hands, compared to its average volume of 1,312,159. The stock has a market capitalization of $6.54 billion, a P/E ratio of 16.48, a price-to-earnings-growth ratio of 1.31 and a beta of 1.43. The business's 50-day simple moving average is $37.61 and its 200 day simple moving average is $38.38. The company has a current ratio of 4.38, a quick ratio of 2.67 and a debt-to-equity ratio of 0.08. Janus Henderson Group plc has a 52 week low of $28.26 and a 52 week high of $46.68.

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, beating the consensus estimate of $0.72 by $0.07. Janus Henderson Group had a return on equity of 12.13% and a net margin of 15.56%. The company had revenue of $621.40 million during the quarter, compared to analysts' expectations of $623.56 million. During the same period in the prior year, the business posted $0.71 EPS. Janus Henderson Group's quarterly revenue was up 12.6% compared to the same quarter last year. As a group, equities 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 disclosed a quarterly dividend, which was paid on Thursday, May 29th. Stockholders of record on Monday, May 12th were paid a dividend of $0.40 per share. This represents a $1.60 dividend on an annualized basis and a dividend yield of 3.85%. The ex-dividend date was Monday, May 12th. This is a positive change from Janus Henderson Group's previous quarterly dividend of $0.39. Janus Henderson Group's dividend payout ratio is 63.49%.

Analyst Upgrades and Downgrades

Several equities research analysts have issued reports on the stock. Evercore ISI lifted their target price 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. Wells Fargo & Company lifted their price objective on shares of Janus Henderson Group from $37.00 to $44.00 and gave the stock an "equal weight" rating in a report on Friday. The Goldman Sachs Group cut their target price on shares of Janus Henderson Group from $47.00 to $41.00 and set a "neutral" rating for the company in a research report on Thursday, April 3rd. Cowen restated a "buy" rating on shares of Janus Henderson Group in a research report on Wednesday, May 14th. Finally, Bank of America raised Janus Henderson Group from a "neutral" rating to a "buy" rating and dropped their price target for the stock from $57.00 to $43.00 in a research note on Thursday, April 3rd. Six analysts have rated the stock with a hold rating and five have given a buy rating to the stock. According to MarketBeat, the company presently has a consensus rating of "Hold" and an average price target of $44.00.

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.