Interval Partners LP Acquires 38,094 Shares of Janus Henderson Group plc (NYSE:JHG)

Interval Partners LP increased its holdings in shares of Janus Henderson Group plc (NYSE:JHG - Free Report) by 143.9% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 64,566 shares of the company's stock after purchasing an additional 38,094 shares during the quarter. Interval Partners LP's holdings in Janus Henderson Group were worth $2,746,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors also recently modified their holdings of JHG. Barclays PLC lifted its stake in Janus Henderson Group by 84.0% during the 3rd quarter. Barclays PLC now owns 96,217 shares of the company's stock valued at $3,663,000 after acquiring an additional 43,933 shares during the period. Principal Financial Group Inc. lifted its position 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 period. Cooper Financial Group purchased a new stake in Janus Henderson Group in the fourth quarter worth approximately $210,000. Park Avenue Securities LLC grew its position in Janus Henderson Group by 20.1% in the 4th quarter. Park Avenue Securities LLC now owns 33,152 shares of the company's stock worth $1,410,000 after purchasing an additional 5,551 shares during the period. Finally, Hennion & Walsh Asset Management Inc. grew its position in Janus Henderson Group by 1.4% in the 4th quarter. Hennion & Walsh Asset Management Inc. now owns 49,119 shares of the company's stock worth $2,089,000 after purchasing an additional 672 shares during the period. 87.94% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several equities analysts have recently 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 company from $44.00 to $53.00 in a report on Wednesday, February 5th. Cowen reissued a "buy" rating on shares of Janus Henderson Group in a research report on Wednesday. Bank of America upgraded Janus Henderson Group from a "neutral" rating to a "buy" rating and cut their price target for the company from $57.00 to $43.00 in a research note on Thursday, April 3rd. Morgan Stanley upped their price target on shares of Janus Henderson Group from $32.00 to $33.00 and gave the company an "equal weight" rating in a research report on Tuesday, May 6th. Finally, Evercore ISI raised their price objective on shares of Janus Henderson Group from $33.00 to $35.00 and gave the stock an "in-line" rating in a report on Friday, May 2nd. Six analysts have rated the stock with a hold rating and five have given a buy rating to the company's stock. According to data from MarketBeat.com, the company has an average rating of "Hold" and an average price target of $42.78.

Janus Henderson Group Price Performance

Shares of NYSE:JHG remained flat at $38.37 during mid-day trading on Thursday. The company had a trading volume of 1,038,363 shares, compared to its average volume of 1,123,110. Janus Henderson Group plc has a 52 week low of $28.26 and a 52 week high of $46.68. The company has a market capitalization of $6.05 billion, a price-to-earnings ratio of 14.99, a PEG ratio of 0.66 and a beta of 1.46. The stock's 50 day simple moving average is $34.47 and its 200 day simple moving average is $40.18. The company has a current ratio of 3.08, a quick ratio of 2.08 and a debt-to-equity ratio of 0.08.

Janus Henderson Group (NYSE:JHG - Get Free Report) last posted 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. The business had revenue of $621.40 million during the quarter, compared to analyst estimates of $623.56 million. Janus Henderson Group had a net margin of 16.38% and a return on equity of 12.18%. The company's revenue was up 12.6% on a year-over-year basis. During the same period in the prior year, the business posted $0.71 earnings per share. On average, research analysts predict that Janus Henderson Group plc will post 3.75 earnings per share for the current fiscal year.

Janus Henderson Group Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, May 29th. Shareholders of record on Monday, May 12th will be paid a $0.40 dividend. This represents a $1.60 dividend on an annualized basis and a yield of 4.17%. The ex-dividend date is Monday, May 12th. This is a positive change from Janus Henderson Group's previous quarterly dividend of $0.39. Janus Henderson Group's dividend payout ratio is presently 63.49%.

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.