Y Intercept Hong Kong Ltd Boosts Stock Holdings in Janus Henderson Group plc (NYSE:JHG)

Y Intercept Hong Kong Ltd boosted its position in shares of Janus Henderson Group plc (NYSE:JHG - Free Report) by 46.4% in the first quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 43,196 shares of the company's stock after acquiring an additional 13,695 shares during the quarter. Y Intercept Hong Kong Ltd's holdings in Janus Henderson Group were worth $1,562,000 at the end of the most recent reporting period.

A number of other institutional investors also recently bought and sold shares of the company. UMB Bank n.a. lifted its position in shares of 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 acquiring an additional 385 shares in the last quarter. True Wealth Design LLC boosted its stake in Janus Henderson Group by 66.9% in the 4th quarter. True Wealth Design LLC now owns 1,020 shares of the company's stock worth $43,000 after purchasing an additional 409 shares during the period. Allworth Financial LP raised its position in shares of Janus Henderson Group by 87.9% during the first quarter. Allworth Financial LP now owns 1,462 shares of the company's stock valued at $48,000 after buying an additional 684 shares during the last quarter. Bessemer Group Inc. boosted its position 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 acquiring an additional 1,147 shares during the last quarter. Finally, Farther Finance Advisors LLC increased its holdings in Janus Henderson Group by 82.3% in the 1st quarter. Farther Finance Advisors LLC now owns 2,299 shares of the company's stock valued at $83,000 after acquiring an additional 1,038 shares during the last quarter. Institutional investors own 87.94% of the company's stock.

Janus Henderson Group Price Performance

Shares of NYSE:JHG traded up $0.11 during trading on Friday, reaching $43.16. The stock had a trading volume of 569,503 shares, compared to its average volume of 1,007,561. The business has a fifty day moving average price of $38.57 and a 200-day moving average price of $38.35. Janus Henderson Group plc has a 1-year low of $28.26 and a 1-year high of $46.68. The company has a debt-to-equity ratio of 0.08, a quick ratio of 2.67 and a current ratio of 4.38. The stock has a market cap of $6.80 billion, a PE ratio of 17.13, a PEG ratio of 1.35 and a beta of 1.43.

Janus Henderson Group (NYSE:JHG - Get Free Report) last released its quarterly earnings data 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 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 analyst estimates of $623.56 million. During the same quarter in the previous year, the company posted $0.71 earnings per share. The firm's revenue for the quarter was up 12.6% compared to the same quarter last year. On average, equities analysts forecast that Janus Henderson Group plc will post 3.75 earnings per share for the current fiscal year.

Janus Henderson Group Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, May 29th. Stockholders of record on Monday, May 12th were given 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 annualized dividend and a dividend yield of 3.71%. The ex-dividend date of this dividend was Monday, May 12th. Janus Henderson Group's dividend payout ratio (DPR) is currently 63.49%.

Wall Street Analyst Weigh In

Several analysts have recently issued reports on JHG shares. Evercore ISI upped their price objective on Janus Henderson Group from $33.00 to $35.00 and gave the stock an "in-line" rating in a report on Friday, May 2nd. Cowen restated a "buy" rating on shares of Janus Henderson Group in a research report on Wednesday, May 14th. JPMorgan Chase & Co. lifted their price target on Janus Henderson Group from $44.00 to $47.00 and gave the stock an "overweight" rating in a research report on Wednesday, July 16th. Bank of America upgraded Janus Henderson Group from a "neutral" rating to a "buy" rating and dropped their target price for the stock from $57.00 to $43.00 in a report on Thursday, April 3rd. Finally, Morgan Stanley raised their price target on Janus Henderson Group from $33.00 to $36.00 and gave the stock an "equal weight" rating in a research report on Wednesday, July 2nd. Six 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, the stock presently has a consensus rating of "Hold" and a consensus price target of $43.33.

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.