Raymond James Financial Inc. Buys Shares of 17,063 Janus Henderson Group plc (NYSE:JHG)

Raymond James Financial Inc. bought a new position 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 Securities and Exchange Commission (SEC). The firm bought 17,063 shares of the company's stock, valued at approximately $726,000.

A number of other institutional investors and hedge funds have also made changes to their positions in JHG. Richardson Financial Services Inc. increased its holdings 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. UMB Bank n.a. grew its stake 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 buying an additional 284 shares in the last quarter. Larson Financial Group LLC raised its holdings in shares of Janus Henderson Group by 33.9% in the 4th quarter. Larson Financial Group LLC now owns 1,137 shares of the company's stock valued at $48,000 after buying an additional 288 shares during the period. EverSource Wealth Advisors LLC lifted its stake in Janus Henderson Group by 48.7% during the 4th quarter. EverSource Wealth Advisors LLC now owns 1,872 shares of the company's stock worth $80,000 after acquiring an additional 613 shares in the last quarter. Finally, Huntington National Bank boosted its holdings in Janus Henderson Group by 89.7% during the 4th quarter. Huntington National Bank now owns 2,312 shares of the company's stock valued at $98,000 after acquiring an additional 1,093 shares during the period. 87.94% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several analysts have recently issued reports on JHG shares. The Goldman Sachs Group reduced their price target on shares of Janus Henderson Group from $47.00 to $41.00 and set a "neutral" rating on the stock in a research report on Thursday, April 3rd. StockNews.com lowered shares of Janus Henderson Group from a "buy" rating to a "hold" rating in a report on Tuesday, March 25th. JPMorgan Chase & Co. upgraded shares of Janus Henderson Group from a "neutral" rating to an "overweight" rating and boosted their price target for the stock from $44.00 to $53.00 in a research note on Wednesday, February 5th. 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, Morgan Stanley boosted their price objective on Janus Henderson Group from $32.00 to $33.00 and gave the stock an "equal weight" rating in a research report on Tuesday. Six analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. Based on data from MarketBeat, Janus Henderson Group currently has a consensus rating of "Hold" and an average target price of $42.78.

Janus Henderson Group Stock Performance

Shares of Janus Henderson Group stock opened at $35.08 on Wednesday. The firm has a market capitalization of $5.53 billion, a P/E ratio of 13.70, a P/E/G 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 52 week low of $28.26 and a 52 week high of $46.68. The firm's 50 day moving average is $34.77 and its two-hundred day moving average is $40.29.

Janus Henderson Group (NYSE:JHG - Get Free Report) last posted its earnings results on Thursday, May 1st. The company reported $0.79 EPS for the quarter, beating analysts' consensus estimates 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 for the quarter, compared to the consensus estimate of $623.56 million. During the same period last year, the firm posted $0.71 EPS. The company's revenue was up 12.6% on a year-over-year basis. Research analysts forecast that Janus Henderson Group plc will post 3.75 EPS for the current fiscal year.

Janus Henderson Group Increases Dividend

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

Janus Henderson Group 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.

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