BNP Paribas Financial Markets Cuts Position in Janus Henderson Group plc (NYSE:JHG)

BNP Paribas Financial Markets cut its position in shares of Janus Henderson Group plc (NYSE:JHG) by 49.6% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 25,707 shares of the company’s stock after selling 25,260 shares during the quarter. BNP Paribas Financial Markets’ holdings in Janus Henderson Group were worth $1,093,000 at the end of the most recent quarter.

A number of other institutional investors have also recently bought and sold shares of JHG. UMB Bank n.a. increased its stake in Janus Henderson Group by 56.5% during 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. lifted its holdings in Janus Henderson Group by 89.4% in 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 period. Larson Financial Group LLC lifted its holdings in 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 acquiring an additional 288 shares during the last quarter. Bessemer Group Inc. lifted 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 acquiring an additional 1,147 shares during the last quarter. Finally, EverSource Wealth Advisors LLC lifted its holdings in Janus Henderson Group by 48.7% in the 4th quarter. EverSource Wealth Advisors LLC now owns 1,872 shares of the company’s stock valued at $80,000 after acquiring an additional 613 shares during 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 analysts have 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 company from $57.00 to $43.00 in a research note on Thursday, April 3rd. Morgan Stanley increased their price target on shares of Janus Henderson Group from $32.00 to $33.00 and gave the stock an “equal weight” rating in a research report on Tuesday, May 6th. Evercore ISI increased their price target on shares of Janus Henderson Group from $33.00 to $35.00 and gave the stock an “in-line” rating in a research report on Friday, May 2nd. StockNews.com downgraded Janus Henderson Group from a “buy” rating to a “hold” rating in a report on Tuesday, March 25th. Finally, UBS Group upgraded Janus Henderson Group from a “neutral” rating to a “buy” rating and increased their price objective for the stock from $45.00 to $50.00 in a report on Monday, February 24th. Six analysts have rated the stock with a hold rating and five have issued a buy rating to the company. According to data from MarketBeat, Janus Henderson Group currently has a consensus rating of “Hold” and a consensus price target of $42.78.

Janus Henderson Group Trading Down 1.0%

Shares of Janus Henderson Group stock opened at $38.01 on Wednesday. The company’s fifty day simple moving average is $34.58 and its 200-day simple moving average is $40.10. The company has a market cap of $5.99 billion, a price-to-earnings ratio of 14.85, a PEG ratio of 0.66 and a beta of 1.46. The company has a current ratio of 3.08, a quick ratio of 2.08 and a debt-to-equity ratio of 0.08. Janus Henderson Group plc has a 1 year low of $28.26 and a 1 year high of $46.68.

Janus Henderson Group (NYSE:JHG) 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 analysts’ expectations of $623.56 million. Janus Henderson Group had a return on equity of 12.18% and a net margin of 16.38%. Janus Henderson Group’s quarterly revenue was up 12.6% compared to the same quarter last year. During the same period last year, the business earned $0.71 earnings per share. As a group, sell-side analysts expect that Janus Henderson Group plc will post 3.75 EPS for the current year.

Janus Henderson Group Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, May 29th. Shareholders 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 dividend on an annualized basis and a dividend yield of 4.21%. Janus Henderson Group’s dividend payout ratio (DPR) is presently 63.49%.

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.