Lazard Asset Management LLC Has $3.34 Million Position in Janus Henderson Group plc (NYSE:JHG)

Lazard Asset Management LLC trimmed its position in shares of Janus Henderson Group plc (NYSE:JHG - Free Report) by 49.6% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 78,572 shares of the company's stock after selling 77,178 shares during the period. Lazard Asset Management LLC's holdings in Janus Henderson Group were worth $3,340,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also added to or reduced their stakes in JHG. UMB Bank n.a. increased its holdings in shares of Janus Henderson Group by 56.5% in the fourth quarter. UMB Bank n.a. now owns 787 shares of the company's stock valued at $33,000 after purchasing an additional 284 shares during 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 last quarter. Larson Financial Group LLC increased its holdings in shares of Janus Henderson Group by 33.9% in the fourth quarter. Larson Financial Group LLC now owns 1,137 shares of the company's stock valued at $48,000 after purchasing an additional 288 shares during the last quarter. Bessemer Group Inc. increased its holdings in shares of Janus Henderson Group by 825.2% in 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 last quarter. Finally, EverSource Wealth Advisors LLC increased its holdings in shares of Janus Henderson Group by 48.7% in the fourth quarter. EverSource Wealth Advisors LLC now owns 1,872 shares of the company's stock valued at $80,000 after purchasing an additional 613 shares during the last quarter. 87.94% of the stock is currently owned by institutional investors and hedge funds.

Janus Henderson Group Price Performance

JHG traded down $0.38 on Tuesday, hitting $38.01. 1,341,220 shares of the stock were exchanged, compared to its average volume of 1,127,277. 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 $34.55 and a two-hundred day moving average of $40.11. 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 firm has a market capitalization of $5.99 billion, a price-to-earnings ratio of 14.85, a PEG ratio of 0.66 and a beta of 1.46.

Janus Henderson Group (NYSE:JHG - Get Free Report) last issued its earnings results on Thursday, May 1st. The company reported $0.79 EPS for the quarter, topping the consensus estimate of $0.72 by $0.07. The firm had revenue of $621.40 million during the quarter, compared to the consensus estimate of $623.56 million. Janus Henderson Group had a return on equity of 12.18% and a net margin of 16.38%. The business's quarterly revenue was up 12.6% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.71 earnings per share. Sell-side analysts forecast that Janus Henderson Group plc will post 3.75 EPS for the current fiscal 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 paid a dividend of $0.40 per share. This is an increase 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 annualized dividend and a yield of 4.21%. Janus Henderson Group's payout ratio is presently 63.49%.

Analysts Set New Price Targets

Several equities analysts have commented on JHG shares. Bank of America upgraded shares of Janus Henderson Group from a "neutral" rating to a "buy" rating and decreased their price objective for the company from $57.00 to $43.00 in a report on Thursday, April 3rd. Evercore ISI upped their price objective on shares of Janus Henderson Group from $33.00 to $35.00 and gave the company an "in-line" rating in a report on Friday, May 2nd. UBS Group raised 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 report on Monday, February 24th. JPMorgan Chase & Co. raised shares of Janus Henderson Group from a "neutral" rating to an "overweight" rating and boosted their target price for the company from $44.00 to $53.00 in a research report on Wednesday, February 5th. Finally, Wells Fargo & Company reduced their target price on shares of Janus Henderson Group from $46.00 to $36.00 and set an "equal weight" rating for the company in a research report on Tuesday, April 8th. Six analysts have rated the stock with a hold rating and five have given a buy rating to the company. According to data from MarketBeat, the company presently has a consensus rating of "Hold" and an average target price of $42.78.

Janus Henderson Group Company 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.