13,276 Shares in Janus Henderson Group plc (NYSE:JHG) Purchased by MQS Management LLC

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

A number of other institutional investors have also recently added to or reduced their stakes in the stock. Avantax Advisory Services Inc. grew its stake in Janus Henderson Group by 4.4% during the 4th quarter. Avantax Advisory Services Inc. now owns 6,356 shares of the company's stock worth $270,000 after buying an additional 270 shares during the last quarter. Louisiana State Employees Retirement System grew its stake in Janus Henderson Group by 0.8% during the 1st quarter. Louisiana State Employees Retirement System now owns 35,600 shares of the company's stock worth $1,287,000 after buying an additional 300 shares during the last quarter. Wells Fargo & Company MN grew its stake in Janus Henderson Group by 4.0% during the 4th quarter. Wells Fargo & Company MN now owns 8,755 shares of the company's stock worth $372,000 after buying an additional 339 shares during the last quarter. Sterling Capital Management LLC grew its stake in Janus Henderson Group by 1.1% during the 4th quarter. Sterling Capital Management LLC now owns 35,421 shares of the company's stock worth $1,506,000 after buying an additional 384 shares during the last quarter. Finally, UMB Bank n.a. grew its stake in 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 buying an additional 385 shares during the last quarter. 87.94% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

JHG has been the subject of several recent analyst reports. Cowen reissued a "buy" rating on shares of Janus Henderson Group in a research note on Wednesday, May 14th. The Goldman Sachs Group decreased their price target 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. Bank of America raised Janus Henderson Group from a "neutral" rating to a "buy" rating and decreased their price target for the stock from $57.00 to $43.00 in a research note on Thursday, April 3rd. JPMorgan Chase & Co. increased their price target on Janus Henderson Group from $44.00 to $47.00 and gave the stock an "overweight" rating in a research note on Wednesday. Finally, Morgan Stanley increased their price target on Janus Henderson Group from $33.00 to $36.00 and gave the stock an "equal weight" rating in a research note on Wednesday, July 2nd. Six research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company's stock. Based on data from MarketBeat.com, the stock has a consensus rating of "Hold" and an average price target of $43.33.

Janus Henderson Group Price Performance

JHG stock traded up $0.71 during trading hours on Thursday, hitting $41.73. 1,149,430 shares of the stock traded hands, compared to its average volume of 1,157,386. The stock has a 50-day simple moving average of $38.06 and a 200 day simple moving average of $38.39. Janus Henderson Group plc has a one year low of $28.26 and a one year high of $46.68. The company has a market cap of $6.57 billion, a P/E ratio of 16.56, a P/E/G ratio of 1.30 and a beta of 1.43. 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 (NYSE:JHG - Get Free Report) last announced 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 business had revenue of $621.40 million during the quarter, compared to analysts' expectations of $623.56 million. During the same quarter last year, the business posted $0.71 earnings per share. The company's quarterly revenue was up 12.6% on a year-over-year basis. Equities analysts forecast that Janus Henderson Group plc will post 3.75 earnings per share 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 dividend of $0.40 per share. This represents a $1.60 annualized dividend and a dividend yield of 3.83%. This is an increase from Janus Henderson Group's previous quarterly dividend of $0.39. The ex-dividend date of this dividend was Monday, May 12th. Janus Henderson Group's dividend payout ratio is currently 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.