Legal & General Group Plc Decreases Holdings in Janus Henderson Group plc (NYSE:JHG)

Legal & General Group Plc lowered its position in Janus Henderson Group plc (NYSE:JHG - Free Report) by 4.5% during the fourth quarter, according to its most recent filing with the SEC. The firm owned 296,748 shares of the company's stock after selling 13,855 shares during the period. Legal & General Group Plc owned 0.19% of Janus Henderson Group worth $12,621,000 as of its most recent filing with the SEC.

A number of other institutional investors also recently modified their holdings of JHG. KBC Group NV lifted its holdings in Janus Henderson Group by 63.6% in the fourth quarter. KBC Group NV now owns 4,546 shares of the company's stock valued at $193,000 after buying an additional 1,768 shares during the period. Mirae Asset Global Investments Co. Ltd. boosted its position in shares of Janus Henderson Group by 17.8% during the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 92,218 shares of the company's stock valued at $3,977,000 after purchasing an additional 13,942 shares in the last quarter. Merit Financial Group LLC acquired a new stake in Janus Henderson Group during the fourth quarter worth approximately $413,000. Delphi Management Inc. MA acquired a new stake in Janus Henderson Group during the fourth quarter worth approximately $1,419,000. Finally, Nordea Investment Management AB increased its holdings in Janus Henderson Group by 6.9% in the fourth quarter. Nordea Investment Management AB now owns 233,601 shares of the company's stock worth $9,979,000 after purchasing an additional 14,996 shares in the last quarter. 87.94% of the stock is owned by institutional investors.

Janus Henderson Group Stock Up 4.5 %

NYSE JHG traded up $1.34 on Tuesday, reaching $30.93. The company had a trading volume of 1,586,265 shares, compared to its average volume of 1,090,213. The company has a quick ratio of 2.08, a current ratio of 3.08 and a debt-to-equity ratio of 0.08. The stock has a market capitalization of $4.87 billion, a P/E ratio of 12.08, a P/E/G ratio of 0.66 and a beta of 1.43. The company's fifty day moving average is $36.56 and its 200 day moving average is $40.70. 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 released its quarterly earnings results on Friday, January 31st. The company reported $1.07 earnings per share 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 quarter last year, the company earned $0.82 EPS. Sell-side analysts anticipate that Janus Henderson Group plc will post 3.75 earnings per share for the current fiscal year.

Janus Henderson Group Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, February 27th. Investors of record on Tuesday, February 11th were given a dividend of $0.39 per share. This represents a $1.56 dividend on an annualized basis and a dividend yield of 5.04%. The ex-dividend date of this dividend was Tuesday, February 11th. Janus Henderson Group's payout ratio is 60.94%.

Wall Street Analysts Forecast Growth

Several analysts have recently commented on the stock. Bank of America raised shares of Janus Henderson Group from a "neutral" rating to a "buy" rating and reduced their price objective for the stock from $57.00 to $43.00 in a research report on Thursday, April 3rd. Wells Fargo & Company decreased their price target on shares of 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. JPMorgan Chase & Co. raised shares of Janus Henderson Group from a "neutral" rating to an "overweight" rating and increased their price objective for the stock from $44.00 to $53.00 in a research report on Wednesday, February 5th. Evercore ISI decreased their target price on Janus Henderson Group from $44.00 to $33.00 and set an "in-line" rating for the company in a research report on Friday, April 11th. Finally, UBS Group raised Janus Henderson Group from a "neutral" rating to a "buy" rating and raised their price objective for the company from $45.00 to $50.00 in a research note on Monday, February 24th. Six investment analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. According to data from MarketBeat, the stock has a consensus rating of "Hold" and an average target price 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.