Price T Rowe Associates Inc. MD Boosts Holdings in Janus Henderson Group plc (NYSE:JHG)

Price T Rowe Associates Inc. MD raised its holdings in Janus Henderson Group plc (NYSE:JHG - Free Report) by 79.4% in the 4th quarter, according to the company in its most recent filing with the SEC. The firm owned 351,373 shares of the company's stock after acquiring an additional 155,547 shares during the quarter. Price T Rowe Associates Inc. MD owned approximately 0.22% of Janus Henderson Group worth $14,945,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also bought and sold shares of the stock. Tower Research Capital LLC TRC lifted its holdings in Janus Henderson Group by 13.9% in the fourth quarter. Tower Research Capital LLC TRC now owns 8,767 shares of the company's stock worth $373,000 after buying an additional 1,072 shares during the period. MetLife Investment Management LLC lifted its position in shares of Janus Henderson Group by 8.8% in the fourth quarter. MetLife Investment Management LLC now owns 71,704 shares of the company's stock worth $3,050,000 after buying an additional 5,820 shares in the last quarter. First Trust Advisors LP lifted its position in Janus Henderson Group by 58.9% in the fourth quarter. First Trust Advisors LP now owns 1,133,768 shares of the company's stock worth $48,219,000 after buying an additional 420,082 shares during the last quarter. Forum Financial Management LP purchased a new stake in Janus Henderson Group in the 4th quarter valued at about $250,000. Finally, Freedom Investment Management Inc. increased its stake in shares of Janus Henderson Group by 135.3% during the fourth quarter. Freedom Investment Management Inc. now owns 21,998 shares of the company's stock valued at $936,000 after buying an additional 12,649 shares during the period. 87.94% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

JHG has been the topic of several recent research reports. The Goldman Sachs Group lowered 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 research note on Thursday, April 3rd. Evercore ISI upped their target price on Janus Henderson Group from $33.00 to $35.00 and gave the company an "in-line" rating in a research note on Friday, May 2nd. Wells Fargo & Company decreased their price target 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. UBS Group raised Janus Henderson Group from a "neutral" rating to a "buy" rating and increased their price objective for the stock from $45.00 to $50.00 in a report on Monday, February 24th. Finally, StockNews.com lowered Janus Henderson Group from a "buy" rating to a "hold" rating in a report on Tuesday, March 25th. Six research analysts have rated the stock with a hold rating and four have given a buy rating to the company. According to MarketBeat, the company currently has an average rating of "Hold" and an average target price of $42.78.

Janus Henderson Group Trading Up 2.3 %

NYSE:JHG traded up $0.82 during midday trading on Thursday, hitting $36.40. 351,890 shares of the company traded hands, compared to its average volume of 1,106,980. Janus Henderson Group plc has a 12-month low of $28.26 and a 12-month high of $46.68. The firm's fifty day moving average is $34.64 and its 200-day moving average is $40.26. The company has a current ratio of 3.08, a quick ratio of 2.08 and a debt-to-equity ratio of 0.08. The firm has a market capitalization of $5.74 billion, a P/E ratio of 14.22, a P/E/G ratio of 0.66 and a beta of 1.46.

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. The company had revenue of $621.40 million for the quarter, compared to analyst estimates of $623.56 million. Janus Henderson Group had a return on equity of 12.18% and a net margin of 16.38%. The firm's revenue for the quarter was up 12.6% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.71 earnings per share. On average, sell-side analysts predict that Janus Henderson Group plc will post 3.75 EPS for the current year.

Janus Henderson Group Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, May 29th. Shareholders of record on Monday, May 12th will be issued a dividend of $0.40 per share. This represents a $1.60 dividend on an annualized basis and a yield of 4.40%. 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 payout ratio is currently 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.