Mubadala Investment Co PJSC purchased a new stake in shares of Janus Henderson Group plc (NYSE:JHG - Free Report) in the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm purchased 56,483 shares of the company's stock, valued at approximately $2,402,000.
Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. UMB Bank n.a. increased its position in Janus Henderson Group by 56.5% during the fourth quarter. UMB Bank n.a. now owns 787 shares of the company's stock worth $33,000 after acquiring an additional 284 shares during the period. Richardson Financial Services Inc. lifted its stake in Janus Henderson Group by 89.4% in the 4th 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 grew 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 acquiring an additional 288 shares during the last quarter. Bessemer Group Inc. raised its holdings in Janus Henderson Group by 825.2% in the 4th quarter. Bessemer Group Inc. now owns 1,286 shares of the company's stock valued at $55,000 after buying an additional 1,147 shares during the last quarter. Finally, EverSource Wealth Advisors LLC increased its holdings in 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 period. 87.94% of the stock is owned by institutional investors.
Janus Henderson Group Stock Up 0.8%
Shares of NYSE:JHG traded up $0.32 during trading on Friday, reaching $38.72. 1,622,923 shares of the stock were exchanged, compared to its average volume of 1,124,921. The stock has a fifty day moving average of $34.53 and a two-hundred day moving average of $40.14. Janus Henderson Group plc has a 1-year low of $28.26 and a 1-year high of $46.68. 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 cap of $6.10 billion, a price-to-earnings ratio of 15.12, a price-to-earnings-growth ratio of 0.66 and a beta of 1.46.
Janus Henderson Group (NYSE:JHG - Get Free Report) last released its quarterly earnings data on Thursday, May 1st. The company reported $0.79 earnings per share for the quarter, topping the consensus estimate of $0.72 by $0.07. The firm 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 business's revenue was up 12.6% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.71 earnings per share. Research analysts anticipate that Janus Henderson Group plc will post 3.75 earnings per share for the current fiscal year.
Janus Henderson Group Increases Dividend
The firm also recently declared a quarterly dividend, which will be paid on Thursday, May 29th. Investors of record on Monday, May 12th will be given a $0.40 dividend. This is a boost from Janus Henderson Group's previous quarterly dividend of $0.39. The ex-dividend date is Monday, May 12th. This represents a $1.60 annualized dividend and a yield of 4.13%. Janus Henderson Group's dividend payout ratio (DPR) is presently 63.49%.
Wall Street Analysts Forecast Growth
A number of analysts have weighed in on JHG shares. UBS Group raised shares of Janus Henderson Group from a "neutral" rating to a "buy" rating and increased their target price for the company from $45.00 to $50.00 in a research report on Monday, February 24th. Morgan Stanley lifted their target price on shares of Janus Henderson Group from $32.00 to $33.00 and gave the stock an "equal weight" rating in a research note on Tuesday, May 6th. Evercore ISI upped their price target on shares of Janus Henderson Group from $33.00 to $35.00 and gave the company an "in-line" rating in a research report on Friday, May 2nd. Cowen reissued a "buy" rating on shares of Janus Henderson Group in a research report on Wednesday. Finally, JPMorgan Chase & Co. upgraded Janus Henderson Group from a "neutral" rating to an "overweight" rating and upped their target price for the company from $44.00 to $53.00 in a research report on Wednesday, February 5th. Six investment analysts have rated the stock with a hold rating and five have given a buy rating to the company's stock. According to MarketBeat.com, the stock has a consensus rating of "Hold" and a consensus target price of $42.78.
Check Out Our Latest Stock Report on JHG
About Janus Henderson Group
(
Free Report)
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.
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