Point72 Asset Management L.P. Acquires 537,700 Shares of Janus Henderson Group plc (NYSE:JHG)

Point72 Asset Management L.P. lifted its stake in Janus Henderson Group plc (NYSE:JHG - Free Report) by 113.7% during the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 1,010,600 shares of the company's stock after buying an additional 537,700 shares during the quarter. Point72 Asset Management L.P. owned approximately 0.64% of Janus Henderson Group worth $42,981,000 at the end of the most recent reporting period.

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

Janus Henderson Group Stock Down 0.8%

Shares of NYSE JHG traded down $0.31 on Monday, hitting $38.40. The company had a trading volume of 1,500,076 shares, compared to its average volume of 1,126,421. The company has a quick ratio of 2.08, a current ratio of 3.08 and a debt-to-equity ratio of 0.08. Janus Henderson Group plc has a 12-month low of $28.26 and a 12-month high of $46.68. The business has a 50 day moving average of $34.53 and a two-hundred day moving average of $40.14. The firm has a market capitalization of $6.05 billion, a P/E ratio of 15.00, a PEG ratio of 0.66 and a beta of 1.46.

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 (EPS) 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 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% on a year-over-year basis. During the same period last year, the firm posted $0.71 EPS. As a group, equities research analysts forecast that Janus Henderson Group plc will post 3.75 earnings per share for the current fiscal year.

Janus Henderson Group Increases Dividend

The business also recently disclosed 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 represents a $1.60 dividend on an annualized basis and a dividend yield of 4.17%. The ex-dividend date is Monday, May 12th. This is an increase from Janus Henderson Group's previous quarterly dividend of $0.39. Janus Henderson Group's dividend payout ratio is 63.49%.

Analyst Ratings Changes

JHG has been the topic of a number of research analyst reports. StockNews.com cut shares of Janus Henderson Group from a "buy" rating to a "hold" rating in a research note on Tuesday, March 25th. Wells Fargo & Company lowered their price objective 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. UBS Group upgraded shares of Janus Henderson Group from a "neutral" rating to a "buy" rating and raised their price target for the stock from $45.00 to $50.00 in a report on Monday, February 24th. Morgan Stanley boosted their price objective on shares of Janus Henderson Group from $32.00 to $33.00 and gave the company an "equal weight" rating in a report on Tuesday, May 6th. Finally, Cowen restated a "buy" rating on shares of Janus Henderson Group in a research report on Wednesday, May 14th. Six analysts have rated the stock with a hold rating and five have issued 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 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.