Public Employees Retirement System of Ohio Makes New Investment in Janus Henderson Group plc (NYSE:JHG)

Public Employees Retirement System of Ohio bought a new position in shares of Janus Henderson Group plc (NYSE:JHG - Free Report) in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm bought 56,329 shares of the company's stock, valued at approximately $2,396,000.

Other institutional investors have also recently made changes to their positions in the company. KBC Group NV boosted its stake in Janus Henderson Group by 63.6% during the fourth quarter. KBC Group NV now owns 4,546 shares of the company's stock valued at $193,000 after buying an additional 1,768 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. boosted its stake in Janus Henderson Group by 17.8% during 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 buying an additional 13,942 shares during the last quarter. Delphi Management Inc. MA bought a new position in Janus Henderson Group during the fourth quarter valued at approximately $1,419,000. Bank of New York Mellon Corp boosted its stake in Janus Henderson Group by 3.1% during the fourth quarter. Bank of New York Mellon Corp now owns 1,064,556 shares of the company's stock valued at $45,276,000 after buying an additional 32,346 shares during the last quarter. Finally, Truist Financial Corp boosted its stake in Janus Henderson Group by 110.2% during the fourth quarter. Truist Financial Corp now owns 5,426 shares of the company's stock valued at $231,000 after buying an additional 2,845 shares during the last quarter. Hedge funds and other institutional investors own 87.94% of the company's stock.

Janus Henderson Group Trading Down 0.4%

Shares of JHG stock traded down $0.15 on Wednesday, reaching $36.19. 1,704,942 shares of the company's stock were exchanged, compared to its average volume of 1,153,417. Janus Henderson Group plc has a 52 week low of $28.26 and a 52 week high of $46.68. The company has a current ratio of 3.08, a quick ratio of 2.08 and a debt-to-equity ratio of 0.08. The stock has a market capitalization of $5.70 billion, a PE ratio of 14.14, a P/E/G ratio of 0.66 and a beta of 1.46. The company's fifty day simple moving average is $34.40 and its 200 day simple moving average is $39.55.

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

Janus Henderson Group Increases Dividend

The firm also recently declared 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. This is a positive change from Janus Henderson Group's previous quarterly dividend of $0.39. This represents a $1.60 dividend on an annualized basis and a dividend yield of 4.42%. The ex-dividend date of this dividend was Monday, May 12th. Janus Henderson Group's dividend payout ratio (DPR) is currently 63.49%.

Analyst Upgrades and Downgrades

A number of equities analysts recently commented on JHG shares. Cowen reissued a "buy" rating on shares of Janus Henderson Group in a research note on Wednesday, May 14th. Morgan Stanley increased their price target on 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. Wells Fargo & Company dropped their price target on Janus Henderson Group from $46.00 to $36.00 and set an "equal weight" rating for the company in a research note on Tuesday, April 8th. The Goldman Sachs Group lowered their price objective 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. Finally, Evercore ISI raised their price objective on Janus Henderson Group from $33.00 to $35.00 and gave the company an "in-line" rating in a research note on Friday, May 2nd. Six research analysts have rated the stock with a hold rating and five have given a buy rating to the stock. According to data from MarketBeat.com, Janus Henderson Group has an average rating of "Hold" and a consensus target price of $42.78.

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.