Northern Trust Corp Increases Stock Position in Janus Henderson Group plc (NYSE:JHG)

Northern Trust Corp grew its stake in Janus Henderson Group plc (NYSE:JHG - Free Report) by 8.4% in the 4th quarter, according to its most recent filing with the SEC. The firm owned 2,320,796 shares of the company's stock after buying an additional 180,726 shares during the quarter. Northern Trust Corp owned 1.46% of Janus Henderson Group worth $98,703,000 as of its most recent filing with the SEC.

A number of other large investors have also recently made changes to their positions in the company. UMB Bank n.a. lifted 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 purchasing an additional 284 shares during the last quarter. Richardson Financial Services Inc. lifted its stake in Janus Henderson Group by 89.4% during the fourth quarter. Richardson Financial Services Inc. now owns 769 shares of the company's stock worth $33,000 after purchasing an additional 363 shares during the last quarter. Larson Financial Group LLC boosted its holdings in 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 in the last quarter. Bessemer Group Inc. increased its stake in 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 raised its holdings in Janus Henderson Group by 48.7% during the fourth quarter. EverSource Wealth Advisors LLC now owns 1,872 shares of the company's stock worth $80,000 after purchasing an additional 613 shares in the last quarter. 87.94% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of equities research analysts recently weighed in on JHG shares. StockNews.com cut shares of Janus Henderson Group from a "buy" rating to a "hold" rating in a research report on Tuesday, March 25th. Morgan Stanley upped their target price on Janus Henderson Group from $32.00 to $33.00 and gave the company an "equal weight" rating in a research report on Tuesday. The Goldman Sachs Group dropped their price target on Janus Henderson Group from $47.00 to $41.00 and set a "neutral" rating on the stock in a research note on Thursday, April 3rd. Bank of America upgraded Janus Henderson Group from a "neutral" rating to a "buy" rating and reduced their price objective for the company from $57.00 to $43.00 in a research note on Thursday, April 3rd. Finally, JPMorgan Chase & Co. raised shares of 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 report on Wednesday, February 5th. Six research analysts have rated the stock with a hold rating and four have given a buy rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of "Hold" and an average price target of $42.78.

Janus Henderson Group Price Performance

Shares of Janus Henderson Group stock traded down $0.13 during trading on Tuesday, reaching $35.08. The company's stock had a trading volume of 1,322,751 shares, compared to its average volume of 1,108,826. The business has a 50 day moving average price of $34.89 and a 200-day moving average price of $40.33. The company has a market capitalization of $5.53 billion, a P/E ratio of 13.70, a price-to-earnings-growth ratio of 0.66 and a beta of 1.46. 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.

Janus Henderson Group (NYSE:JHG - Get Free Report) last announced its quarterly earnings data on Thursday, May 1st. The company reported $0.79 EPS for the quarter, beating the consensus estimate of $0.72 by $0.07. Janus Henderson Group had a net margin of 16.38% and a return on equity of 12.18%. The firm had revenue of $621.40 million during the quarter, compared to analysts' expectations of $623.56 million. During the same quarter last year, the business earned $0.71 earnings per share. The business's revenue for the quarter was up 12.6% compared to the same quarter last year. As a group, sell-side analysts anticipate that Janus Henderson Group plc will post 3.75 EPS for the current year.

Janus Henderson Group Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, May 29th. Investors of record on Monday, May 12th will be issued a dividend of $0.40 per share. The ex-dividend date is Monday, May 12th. This is a boost from Janus Henderson Group's previous quarterly dividend of $0.39. This represents a $1.60 annualized dividend and a yield of 4.56%. Janus Henderson Group's payout ratio is currently 63.49%.

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.