Nilsine Partners LLC Buys 7,942 Shares of Janus Henderson Group plc (NYSE:JHG)

Nilsine Partners LLC raised its stake in Janus Henderson Group plc (NYSE:JHG - Free Report) by 31.2% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 33,358 shares of the company's stock after acquiring an additional 7,942 shares during the quarter. Nilsine Partners LLC's holdings in Janus Henderson Group were worth $1,206,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also added to or reduced their stakes in JHG. UMB Bank n.a. raised its position in Janus Henderson Group by 48.9% in the first quarter. UMB Bank n.a. now owns 1,172 shares of the company's stock valued at $42,000 after purchasing an additional 385 shares during the last quarter. True Wealth Design LLC increased its stake in shares of Janus Henderson Group by 66.9% in the fourth quarter. True Wealth Design LLC now owns 1,020 shares of the company's stock valued at $43,000 after buying an additional 409 shares during the period. Larson Financial Group LLC raised its holdings in Janus Henderson Group by 33.9% in the 4th quarter. Larson Financial Group LLC now owns 1,137 shares of the company's stock valued at $48,000 after buying an additional 288 shares during the last quarter. Bessemer Group Inc. raised its holdings in Janus Henderson Group by 825.2% in the 4th quarter. Bessemer Group Inc. now owns 1,286 shares of the company's stock valued at $55,000 after buying an additional 1,147 shares during the last quarter. Finally, EverSource Wealth Advisors LLC boosted its position in Janus Henderson Group by 48.7% during the 4th quarter. EverSource Wealth Advisors LLC now owns 1,872 shares of the company's stock worth $80,000 after buying an additional 613 shares during the period. Institutional investors own 87.94% of the company's stock.

Analyst Upgrades and Downgrades

Several equities analysts have issued reports on JHG shares. Cowen restated a "buy" rating on shares of Janus Henderson Group in a research report on Wednesday, May 14th. Wells Fargo & Company decreased their price objective on Janus Henderson Group from $46.00 to $36.00 and set an "equal weight" rating for the company in a report on Tuesday, April 8th. Bank of America raised Janus Henderson Group from a "neutral" rating to a "buy" rating and lowered their target price for the stock from $57.00 to $43.00 in a research report on Thursday, April 3rd. Morgan Stanley lifted their target price on Janus Henderson Group from $32.00 to $33.00 and gave the stock an "equal weight" rating in a report on Tuesday, May 6th. Finally, Wall Street Zen cut Janus Henderson Group from a "buy" rating to a "hold" rating in a research note on Tuesday, March 25th. Six equities research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. Based on data from MarketBeat, Janus Henderson Group currently has a consensus rating of "Hold" and a consensus target price of $42.78.

Janus Henderson Group Trading Down 0.3%

JHG stock traded down $0.12 during midday trading on Wednesday, hitting $37.45. The stock had a trading volume of 975,480 shares, compared to its average volume of 1,153,955. The company has a current ratio of 4.38, a quick ratio of 2.67 and a debt-to-equity ratio of 0.08. The firm has a market cap of $5.90 billion, a P/E ratio of 10.38, a price-to-earnings-growth ratio of 1.32 and a beta of 1.42. The business has a fifty day moving average price of $35.66 and a two-hundred day moving average price of $38.73. Janus Henderson Group plc has a 1-year low of $28.26 and a 1-year high of $46.68.

Janus Henderson Group (NYSE:JHG - Get Free Report) last announced its quarterly earnings data 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. 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 for the quarter, compared to the consensus estimate of $623.56 million. During the same period in the previous year, the business earned $0.71 EPS. The firm's revenue was up 12.6% compared to the same quarter last year. On average, sell-side analysts predict that Janus Henderson Group plc will post 3.75 earnings per share for the current fiscal year.

Janus Henderson Group Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, May 29th. Shareholders of record on Monday, May 12th were paid a $0.40 dividend. The ex-dividend date of this dividend was Monday, May 12th. This is a positive change from Janus Henderson Group's previous quarterly dividend of $0.39. This represents a $1.60 annualized dividend and a yield of 4.27%. Janus Henderson Group's payout ratio is 63.49%.

About Janus Henderson Group

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.