Janus Henderson Group plc (NYSE:JHG) Position Lessened by OLD National Bancorp IN

OLD National Bancorp IN lowered its position in shares of Janus Henderson Group plc (NYSE:JHG - Free Report) by 34.9% during the first quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 70,520 shares of the company's stock after selling 37,854 shares during the quarter. OLD National Bancorp IN's holdings in Janus Henderson Group were worth $2,549,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also recently bought and sold shares of JHG. Mirae Asset Global Investments Co. Ltd. grew its position in shares of Janus Henderson Group by 17.8% in the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 92,218 shares of the company's stock valued at $3,977,000 after purchasing an additional 13,942 shares during the period. Delphi Management Inc. MA purchased a new stake in Janus Henderson Group in the 4th quarter valued at about $1,419,000. Bank of New York Mellon Corp increased its stake in shares of Janus Henderson Group by 3.1% during the 4th quarter. Bank of New York Mellon Corp now owns 1,064,556 shares of the company's stock valued at $45,276,000 after acquiring an additional 32,346 shares during the last quarter. Truist Financial Corp lifted its holdings in shares of Janus Henderson Group by 110.2% during the 4th quarter. Truist Financial Corp now owns 5,426 shares of the company's stock worth $231,000 after acquiring an additional 2,845 shares during the period. Finally, Proficio Capital Partners LLC purchased a new position in shares of Janus Henderson Group during the 4th quarter worth about $997,000. 87.94% of the stock is owned by hedge funds and other institutional investors.

Janus Henderson Group Stock Up 0.4%

Shares of JHG traded up $0.16 during mid-day trading on Thursday, reaching $37.01. 777,262 shares of the stock traded hands, compared to its average volume of 1,154,151. Janus Henderson Group plc has a 12-month low of $28.26 and a 12-month high of $46.68. The firm has a market cap of $5.83 billion, a price-to-earnings ratio of 14.46, a P/E/G ratio of 0.66 and a beta of 1.42. The company has a quick ratio of 2.08, a current ratio of 3.08 and a debt-to-equity ratio of 0.08. The stock has a fifty day simple moving average of $34.62 and a 200 day simple moving average of $39.28.

Janus Henderson Group (NYSE:JHG - Get Free Report) last released its quarterly earnings results on Thursday, May 1st. The company reported $0.79 earnings per share for the quarter, topping analysts' consensus estimates of $0.72 by $0.07. Janus Henderson Group had a net margin of 16.38% and a return on equity of 12.18%. The business had revenue of $621.40 million during the quarter, compared to the consensus estimate of $623.56 million. During the same quarter last year, the company earned $0.71 earnings per share. The business's quarterly revenue was up 12.6% compared to the same quarter last year. Sell-side analysts expect that Janus Henderson Group plc will post 3.75 EPS for the current fiscal year.

Janus Henderson Group Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, May 29th. Investors of record on Monday, May 12th were paid a dividend of $0.40 per share. The ex-dividend date of this dividend was Monday, May 12th. This is a boost from Janus Henderson Group's previous quarterly dividend of $0.39. This represents a $1.60 annualized dividend and a yield of 4.32%. Janus Henderson Group's dividend payout ratio (DPR) is 63.49%.

Wall Street Analysts Forecast Growth

Several equities analysts recently commented on JHG shares. Cowen reaffirmed a "buy" rating on shares of Janus Henderson Group in a research report on Wednesday, May 14th. Morgan Stanley boosted their price objective on shares of Janus Henderson Group from $32.00 to $33.00 and gave the company an "equal weight" rating in a research note on Tuesday, May 6th. UBS Group raised Janus Henderson Group from a "neutral" rating to a "buy" rating and boosted their price target for the company from $45.00 to $50.00 in a research report on Monday, February 24th. Bank of America upgraded Janus Henderson Group from a "neutral" rating to a "buy" rating and cut their price objective for the stock from $57.00 to $43.00 in a report on Thursday, April 3rd. Finally, The Goldman Sachs Group decreased their target price on Janus Henderson Group from $47.00 to $41.00 and set a "neutral" rating for the company in a report on Thursday, April 3rd. Six analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of "Hold" and a consensus target price of $42.78.

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.