JPMorgan Chase & Co. Has $24.27 Million Position in Janus Henderson Group plc (NYSE:JHG)

JPMorgan Chase & Co. cut its stake in Janus Henderson Group plc (NYSE:JHG - Free Report) by 1.4% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 570,605 shares of the company's stock after selling 8,285 shares during the quarter. JPMorgan Chase & Co. owned 0.36% of Janus Henderson Group worth $24,268,000 at the end of the most recent quarter.

Several other hedge funds also recently bought and sold shares of the company. Vanguard Group Inc. increased its stake in 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 purchasing an additional 203,330 shares in the last quarter. Charles Schwab Investment Management Inc. boosted its holdings in shares of 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 valued at $195,359,000 after buying an additional 147,362 shares during the period. Geode Capital Management LLC increased its position in shares of 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 worth $80,907,000 after acquiring an additional 12,884 shares in the last quarter. Principal Financial Group Inc. raised its holdings in shares of 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. Finally, Allianz Asset Management GmbH lifted its position 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 acquiring an additional 473,143 shares in the last quarter. 87.94% of the stock is currently owned by institutional investors and hedge funds.

Janus Henderson Group Stock Performance

NYSE JHG traded up $0.48 on Tuesday, hitting $31.76. 230,138 shares of the stock were exchanged, compared to its average volume of 1,299,303. The company has a market capitalization of $5.00 billion, a PE ratio of 12.39, a P/E/G 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. The business's fifty day moving average is $38.21 and its 200 day moving average is $41.03. Janus Henderson Group plc has a 52 week low of $28.26 and a 52 week high of $46.68.

Janus Henderson Group (NYSE:JHG - Get Free Report) last issued its earnings results on Friday, January 31st. The company reported $1.07 earnings per share (EPS) for the quarter, beating analysts' consensus estimates 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 business posted $0.82 EPS. Research analysts anticipate that Janus Henderson Group plc will post 3.75 EPS for the current fiscal year.

Janus Henderson Group Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, February 27th. Stockholders of record on Tuesday, February 11th were given a $0.39 dividend. The ex-dividend date was Tuesday, February 11th. This represents a $1.56 dividend on an annualized basis and a dividend yield of 4.91%. Janus Henderson Group's payout ratio is 60.94%.

Wall Street Analyst Weigh In

JHG has been the subject of a number of research reports. Wells Fargo & Company lowered their target price on Janus Henderson Group from $46.00 to $36.00 and set an "equal weight" rating for the company in a report on Tuesday, April 8th. JPMorgan Chase & Co. raised Janus Henderson Group from a "neutral" rating to an "overweight" rating and lifted their target price for the company from $44.00 to $53.00 in a research report on Wednesday, February 5th. StockNews.com downgraded Janus Henderson Group from a "buy" rating to a "hold" rating in a research report on Tuesday, March 25th. Evercore ISI lowered their price objective on shares of Janus Henderson Group from $44.00 to $33.00 and set an "in-line" rating on the stock in a report on Friday. Finally, The Goldman Sachs Group reduced 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 report on Thursday, April 3rd. Six 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 a consensus rating of "Hold" and a consensus price target of $44.22.

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.