Invesco Ltd. Grows Stock Holdings in Janus Henderson Group plc (NYSE:JHG)

Invesco Ltd. grew its holdings in Janus Henderson Group plc (NYSE:JHG - Free Report) by 1.8% in the 4th quarter, according to the company in its most recent filing with the SEC. The firm owned 1,172,756 shares of the company's stock after buying an additional 20,676 shares during the quarter. Invesco Ltd. owned approximately 0.74% of Janus Henderson Group worth $49,877,000 at the end of the most recent quarter.

Several other hedge funds have also recently made changes to their positions in the business. Vanguard Group Inc. grew its holdings in shares of Janus Henderson Group by 1.5% during the 4th quarter. Vanguard Group Inc. now owns 14,148,813 shares of the company's stock worth $601,749,000 after acquiring an additional 203,330 shares during the period. Charles Schwab Investment Management Inc. grew its stake in Janus Henderson Group by 3.3% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 4,593,441 shares of the company's stock worth $195,359,000 after purchasing an additional 147,362 shares during the period. Geode Capital Management LLC lifted its position in Janus Henderson Group by 0.6% during the third quarter. Geode Capital Management LLC now owns 2,124,618 shares of the company's stock valued at $80,907,000 after buying an additional 12,884 shares during the period. Principal Financial Group Inc. boosted its holdings in shares of Janus Henderson Group by 28.9% during the 3rd quarter. Principal Financial Group Inc. now owns 2,081,630 shares of the company's stock valued at $79,248,000 after buying an additional 467,049 shares in the last quarter. Finally, Norges Bank purchased a new stake in shares of Janus Henderson Group in the 4th quarter worth about $83,525,000. 87.94% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of brokerages have weighed in on JHG. The Goldman Sachs Group decreased their target price on shares of 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. JPMorgan Chase & Co. upgraded Janus Henderson Group from a "neutral" rating to an "overweight" rating and lifted their price objective for the company from $44.00 to $53.00 in a research note on Wednesday, February 5th. Wells Fargo & Company cut their target price on Janus Henderson Group from $46.00 to $36.00 and set an "equal weight" rating on the stock in a research note on Tuesday, April 8th. StockNews.com lowered Janus Henderson Group from a "buy" rating to a "hold" rating in a research report on Tuesday, March 25th. Finally, Bank of America upgraded shares of Janus Henderson Group from a "neutral" rating to a "buy" rating and reduced their price objective for the company from $57.00 to $43.00 in a research note on Thursday, April 3rd. Six investment analysts have rated the stock with a hold rating and four have given a buy rating to the company's stock. According to data from MarketBeat.com, Janus Henderson Group presently has an average rating of "Hold" and an average target price of $44.22.

Janus Henderson Group Stock Performance

Shares of JHG traded down $1.02 during trading hours on Monday, hitting $29.70. The stock had a trading volume of 72,287 shares, compared to its average volume of 1,082,703. The firm has a market capitalization of $4.68 billion, a PE ratio of 11.60, a PEG ratio of 0.66 and a beta of 1.43. The company has a debt-to-equity ratio of 0.08, a current ratio of 3.08 and a quick ratio of 2.08. Janus Henderson Group plc has a 12 month low of $28.26 and a 12 month high of $46.68. The stock has a fifty day moving average price of $37.08 and a 200 day moving average price of $40.83.

Janus Henderson Group (NYSE:JHG - Get Free Report) last issued its quarterly earnings data on Friday, January 31st. The company reported $1.07 earnings per share for the quarter, topping the consensus estimate of $0.94 by $0.13. Janus Henderson Group had a net margin of 16.38% and a return on equity of 12.18%. During the same period in the previous year, the firm posted $0.82 EPS. Analysts anticipate that Janus Henderson Group plc will post 3.75 EPS for the current year.

Janus Henderson Group Dividend Announcement

The business also recently declared 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. This represents a $1.56 annualized dividend and a yield of 5.25%. The ex-dividend date of this dividend was Tuesday, February 11th. Janus Henderson Group's dividend payout ratio is presently 60.94%.

About Janus Henderson Group

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.