Freedom Investment Management Inc. raised its position in Janus Henderson Group plc (NYSE:JHG - Free Report) by 135.3% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 21,998 shares of the company's stock after purchasing an additional 12,649 shares during the quarter. Freedom Investment Management Inc.'s holdings in Janus Henderson Group were worth $936,000 at the end of the most recent quarter.
Other hedge funds also recently bought and sold shares of the company. Norges Bank bought a new stake in shares of Janus Henderson Group during the 4th quarter worth about $83,525,000. Allianz Asset Management GmbH boosted its position in Janus Henderson Group by 32.5% during the fourth quarter. Allianz Asset Management GmbH now owns 1,927,318 shares of the company's stock worth $81,969,000 after purchasing an additional 473,143 shares during the period. Principal Financial Group Inc. grew its holdings in Janus Henderson Group by 28.9% during the third quarter. Principal Financial Group Inc. now owns 2,081,630 shares of the company's stock valued at $79,248,000 after purchasing an additional 467,049 shares during the last quarter. ExodusPoint Capital Management LP bought a new position in shares of Janus Henderson Group in the fourth quarter valued at approximately $17,938,000. Finally, Victory Capital Management Inc. raised its position in shares of Janus Henderson Group by 1,490.0% in the fourth quarter. Victory Capital Management Inc. now owns 272,961 shares of the company's stock valued at $11,609,000 after purchasing an additional 255,794 shares during the period. 87.94% of the stock is owned by institutional investors and hedge funds.
Analysts Set New Price Targets
Several brokerages recently commented on JHG. The Goldman Sachs Group dropped their target price on shares of Janus Henderson Group from $47.00 to $41.00 and set a "neutral" rating on the stock in a report on Thursday, April 3rd. StockNews.com lowered Janus Henderson Group from a "buy" rating to a "hold" rating in a research note on Tuesday, March 25th. Wells Fargo & Company decreased their target price 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. Evercore ISI cut their price target on Janus Henderson Group from $44.00 to $33.00 and set an "in-line" rating for the company in a report on Friday, April 11th. Finally, JPMorgan Chase & Co. raised Janus Henderson Group from a "neutral" rating to an "overweight" rating and increased their price objective for the company from $44.00 to $53.00 in a research report on Wednesday, February 5th. Six investment analysts have rated the stock with a hold rating and four have issued a buy rating to the company's stock. According to data from MarketBeat, the company has an average rating of "Hold" and an average price target of $44.22.
Check Out Our Latest Research Report on JHG
Janus Henderson Group Price Performance
Shares of NYSE:JHG traded up $0.09 during midday trading on Friday, reaching $33.04. 359,931 shares of the company's stock were exchanged, compared to its average volume of 1,323,761. The firm has a market capitalization of $5.20 billion, a PE ratio of 12.90, a price-to-earnings-growth ratio of 0.66 and a beta of 1.43. The company's 50 day simple moving average is $36.09 and its two-hundred day simple moving average is $40.60. Janus Henderson Group plc has a 12 month low of $28.26 and a 12 month high of $46.68. The company has a debt-to-equity ratio of 0.08, a quick ratio of 2.08 and a current ratio of 3.08.
Janus Henderson Group (NYSE:JHG - Get Free Report) last released its quarterly earnings data on Friday, January 31st. The company reported $1.07 earnings per share for the quarter, beating the consensus estimate of $0.94 by $0.13. Janus Henderson Group had a return on equity of 12.18% and a net margin of 16.38%. During the same period last year, the company posted $0.82 EPS. Equities research analysts expect that Janus Henderson Group plc will post 3.75 earnings per share for the current fiscal year.
Janus Henderson Group Announces Dividend
The business also recently disclosed a quarterly dividend, which was paid on Thursday, February 27th. Shareholders of record on Tuesday, February 11th were issued a dividend of $0.39 per share. The ex-dividend date was Tuesday, February 11th. This represents a $1.56 dividend on an annualized basis and a dividend yield of 4.72%. Janus Henderson Group's payout ratio is presently 60.94%.
About Janus Henderson Group
(
Free Report)
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.
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