Cetera Investment Advisers Boosts Stock Position in Janus Henderson Group plc (NYSE:JHG)

Cetera Investment Advisers grew its stake in Janus Henderson Group plc (NYSE:JHG - Free Report) by 66.0% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 72,084 shares of the company's stock after acquiring an additional 28,661 shares during the period. Cetera Investment Advisers' holdings in Janus Henderson Group were worth $3,066,000 at the end of the most recent reporting period.

Other institutional investors have also modified their holdings of the company. UMB Bank n.a. grew its stake in Janus Henderson Group by 56.5% in the fourth quarter. UMB Bank n.a. now owns 787 shares of the company's stock worth $33,000 after purchasing an additional 284 shares in the last quarter. Richardson Financial Services Inc. lifted its holdings in shares of Janus Henderson Group by 89.4% in the 4th quarter. Richardson Financial Services Inc. now owns 769 shares of the company's stock worth $33,000 after buying an additional 363 shares during the period. Larson Financial Group LLC grew its position in shares of Janus Henderson Group by 33.9% during the 4th quarter. Larson Financial Group LLC now owns 1,137 shares of the company's stock worth $48,000 after buying an additional 288 shares in the last quarter. Bessemer Group Inc. increased its stake 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 valued at $55,000 after buying an additional 1,147 shares during the period. Finally, EverSource Wealth Advisors LLC increased its stake in shares of Janus Henderson Group by 48.7% during the fourth quarter. EverSource Wealth Advisors LLC now owns 1,872 shares of the company's stock valued at $80,000 after buying an additional 613 shares during the period. 87.94% of the stock is owned by hedge funds and other institutional investors.

Janus Henderson Group Stock Down 1.0%

NYSE:JHG traded down $0.38 during mid-day trading on Tuesday, hitting $38.01. 1,341,220 shares of the company's stock traded hands, compared to its average volume of 1,127,277. The company has a fifty day moving average of $34.55 and a 200 day moving average of $40.11. 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 plc has a twelve month low of $28.26 and a twelve month high of $46.68. The company has a market capitalization of $5.99 billion, a P/E ratio of 14.85, a P/E/G ratio of 0.66 and a beta of 1.46.

Janus Henderson Group (NYSE:JHG - Get Free Report) last posted its quarterly earnings data on Thursday, May 1st. The company reported $0.79 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.72 by $0.07. The firm had revenue of $621.40 million for the quarter, compared to the consensus estimate 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 for the quarter was up 12.6% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.71 earnings per share. On average, analysts forecast that Janus Henderson Group plc will post 3.75 EPS for the current year.

Janus Henderson Group Increases Dividend

The business 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 dividend of $0.40 per share. This is a positive change from Janus Henderson Group's previous quarterly dividend of $0.39. The ex-dividend date of this dividend is Monday, May 12th. This represents a $1.60 dividend on an annualized basis and a yield of 4.21%. Janus Henderson Group's dividend payout ratio is presently 63.49%.

Analyst Ratings Changes

Several brokerages have issued reports on JHG. UBS Group upgraded shares of Janus Henderson Group from a "neutral" rating to a "buy" rating and increased their target price for the stock from $45.00 to $50.00 in a report on Monday, February 24th. StockNews.com downgraded shares of Janus Henderson Group from a "buy" rating to a "hold" rating in a research note on Tuesday, March 25th. Bank of America raised shares of Janus Henderson Group from a "neutral" rating to a "buy" rating and reduced their price objective for the stock from $57.00 to $43.00 in a research note on Thursday, April 3rd. The Goldman Sachs Group dropped their target price on Janus Henderson Group from $47.00 to $41.00 and set a "neutral" rating on the stock in a research report 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 report on Friday, May 2nd. Six investment analysts have rated the stock with a hold rating and five have given a buy rating to the stock. According to data from MarketBeat, Janus Henderson Group currently has a consensus rating of "Hold" and an average target price of $42.78.

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.