Nuveen Asset Management LLC Trims Holdings in Janus Henderson Group plc (NYSE:JHG)

Nuveen Asset Management LLC decreased its position in shares of Janus Henderson Group plc (NYSE:JHG - Free Report) by 6.2% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 591,983 shares of the company's stock after selling 38,950 shares during the quarter. Nuveen Asset Management LLC owned 0.37% of Janus Henderson Group worth $25,177,000 as of its most recent SEC filing.

Other large investors have also recently bought and sold shares of the company. UMB Bank n.a. raised its position in Janus Henderson Group by 56.5% during the 4th quarter. UMB Bank n.a. now owns 787 shares of the company's stock worth $33,000 after buying an additional 284 shares during the last quarter. Richardson Financial Services Inc. increased its stake in shares of Janus Henderson Group by 89.4% in the fourth quarter. Richardson Financial Services Inc. now owns 769 shares of the company's stock worth $33,000 after acquiring an additional 363 shares during the period. Larson Financial Group LLC raised its holdings in shares of Janus Henderson Group by 33.9% during the fourth quarter. Larson Financial Group LLC now owns 1,137 shares of the company's stock worth $48,000 after purchasing an additional 288 shares during the last quarter. Bessemer Group Inc. raised 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 during the last quarter. Finally, EverSource Wealth Advisors LLC lifted its position in Janus Henderson Group by 48.7% during the fourth quarter. EverSource Wealth Advisors LLC now owns 1,872 shares of the company's stock valued at $80,000 after purchasing an additional 613 shares during the period. Hedge funds and other institutional investors own 87.94% of the company's stock.

Wall Street Analysts Forecast Growth

Several equities research analysts have weighed in on JHG shares. JPMorgan Chase & Co. raised Janus Henderson Group from a "neutral" rating to an "overweight" rating and increased their price target for the stock from $44.00 to $53.00 in a research report on Wednesday, February 5th. UBS Group upgraded Janus Henderson Group from a "neutral" rating to a "buy" rating and upped their target price for the stock from $45.00 to $50.00 in a research note on Monday, February 24th. Cowen restated a "buy" rating on shares of Janus Henderson Group in a research note on Wednesday, May 14th. Morgan Stanley upped their target price on Janus Henderson Group from $32.00 to $33.00 and gave the stock an "equal weight" rating in a research note on Tuesday, May 6th. Finally, Wall Street Zen downgraded Janus Henderson Group from a "buy" rating to a "hold" rating in a research note on Tuesday, March 25th. Six investment analysts have rated the stock with a hold rating and five have issued a buy rating to the stock. According to data from MarketBeat.com, Janus Henderson Group currently has a consensus rating of "Hold" and an average price target of $42.78.

Janus Henderson Group Price Performance

JHG stock traded up $1.01 during mid-day trading on Tuesday, reaching $37.27. 427,599 shares of the company's stock were exchanged, compared to its average volume of 1,134,298. The company has a market cap of $5.87 billion, a price-to-earnings ratio of 14.56, a price-to-earnings-growth ratio of 0.66 and a beta of 1.46. The stock's 50 day moving average is $34.50 and its 200 day moving average is $39.88. The company has a debt-to-equity ratio of 0.08, a current ratio of 3.08 and a quick ratio of 2.08. Janus Henderson Group plc has a 12-month low of $28.26 and a 12-month high of $46.68.

Janus Henderson Group (NYSE:JHG - Get Free Report) last released 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. The business had revenue of $621.40 million for the quarter, compared to the consensus estimate of $623.56 million. Janus Henderson Group had a return on equity of 12.18% and a net margin of 16.38%. The business's quarterly revenue was up 12.6% compared to the same quarter last year. During the same quarter last year, the business posted $0.71 earnings per share. On average, research analysts expect that Janus Henderson Group plc will post 3.75 EPS for the current year.

Janus Henderson Group Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, May 29th. Stockholders of record on Monday, May 12th will be given a $0.40 dividend. This represents a $1.60 annualized dividend and a dividend yield of 4.29%. The ex-dividend date is 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 (DPR) 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.