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

Price T Rowe Associates Inc. MD boosted its holdings in Janus Henderson Group plc (NYSE:JHG - Free Report) by 79.4% during the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor 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 0.22% of Janus Henderson Group worth $14,945,000 at the end of the most recent quarter.

A number of other hedge funds have also added to or reduced their stakes in the stock. Vanguard Group Inc. increased its stake in Janus Henderson Group by 1.5% in the 4th quarter. Vanguard Group Inc. now owns 14,148,813 shares of the company's stock valued at $601,749,000 after buying an additional 203,330 shares during the last quarter. Charles Schwab Investment Management Inc. increased its position in shares of Janus Henderson Group by 3.3% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 4,593,441 shares of the company's stock valued at $195,359,000 after acquiring an additional 147,362 shares during the last quarter. Principal Financial Group Inc. lifted 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 worth $79,248,000 after acquiring an additional 467,049 shares during the period. Norges Bank purchased a new position in Janus Henderson Group in the fourth quarter worth $83,525,000. Finally, Allianz Asset Management GmbH grew its stake in Janus Henderson Group by 32.5% in the 4th quarter. Allianz Asset Management GmbH now owns 1,927,318 shares of the company's stock valued at $81,969,000 after purchasing an additional 473,143 shares during the period. Institutional investors and hedge funds own 87.94% of the company's stock.

Janus Henderson Group Stock Performance

Shares of NYSE JHG traded down $0.13 during mid-day trading on Tuesday, hitting $35.08. The company had a trading volume of 1,322,751 shares, compared to its average volume of 1,108,685. 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 plc has a 1 year low of $28.26 and a 1 year high of $46.68. The company has a market capitalization of $5.53 billion, a price-to-earnings ratio of 13.70, a P/E/G ratio of 0.66 and a beta of 1.46. The stock's 50-day moving average price is $34.89 and its 200-day moving average price is $40.33.

Janus Henderson Group (NYSE:JHG - Get Free Report) last posted its earnings results on Thursday, May 1st. The company reported $0.79 earnings per share for the quarter, beating analysts' consensus estimates of $0.72 by $0.07. Janus Henderson Group had a return on equity of 12.18% and a net margin of 16.38%. The business had revenue of $621.40 million during the quarter, compared to analyst estimates of $623.56 million. During the same quarter in the previous year, the firm earned $0.71 EPS. The company's quarterly revenue was up 12.6% compared to the same quarter last year. On average, sell-side analysts forecast that Janus Henderson Group plc will post 3.75 earnings per share for the current year.

Janus Henderson Group Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, May 29th. Stockholders of record on Monday, May 12th will be given a dividend of $0.40 per share. This is a positive change from Janus Henderson Group's previous quarterly dividend of $0.39. This represents a $1.60 dividend on an annualized basis and a dividend yield of 4.56%. The ex-dividend date of this dividend is Monday, May 12th. Janus Henderson Group's payout ratio is 63.49%.

Wall Street Analysts Forecast Growth

A number of brokerages recently weighed in on JHG. Morgan Stanley boosted their price target on shares of Janus Henderson Group from $32.00 to $33.00 and gave the stock an "equal weight" rating in a report on Tuesday. UBS Group upgraded shares of Janus Henderson Group from a "neutral" rating to a "buy" rating and boosted their target price for the company from $45.00 to $50.00 in a research note on Monday, February 24th. The Goldman Sachs Group decreased their price target 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. Evercore ISI upped their price objective on Janus Henderson Group from $33.00 to $35.00 and gave the company an "in-line" rating in a research note on Friday. Finally, StockNews.com downgraded Janus Henderson Group from a "buy" rating to a "hold" rating in a research report on Tuesday, March 25th. Six research analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of "Hold" and a consensus 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.