Focus Partners Wealth Boosts Position in Janus Henderson Group plc (NYSE:JHG)

Focus Partners Wealth increased its position in Janus Henderson Group plc (NYSE:JHG) by 28.7% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 11,974 shares of the company’s stock after purchasing an additional 2,671 shares during the period. Focus Partners Wealth’s holdings in Janus Henderson Group were worth $511,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. US Bancorp DE grew its stake in Janus Henderson Group by 2.3% in the fourth quarter. US Bancorp DE now owns 11,003 shares of the company’s stock worth $468,000 after purchasing an additional 243 shares during the period. Avantax Advisory Services Inc. grew its stake in Janus Henderson Group by 4.4% in the fourth quarter. Avantax Advisory Services Inc. now owns 6,356 shares of the company’s stock worth $270,000 after purchasing an additional 270 shares during the period. UMB Bank n.a. grew its stake in Janus Henderson Group by 56.5% in the fourth 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 period. Callan Capital LLC grew its stake in shares of Janus Henderson Group by 5.3% in the fourth quarter. Callan Capital LLC now owns 5,741 shares of the company’s stock worth $244,000 after acquiring an additional 287 shares during the last quarter. Finally, Larson Financial Group LLC grew its stake in shares of Janus Henderson Group by 33.9% in the fourth 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. 87.94% of the stock is owned by hedge funds and other institutional investors.

Janus Henderson Group Trading Down 1.0%

Shares of NYSE:JHG opened at $38.01 on Wednesday. The stock has a market capitalization 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 debt-to-equity ratio of 0.08, a quick ratio of 2.08 and a current ratio of 3.08. The stock’s 50-day simple moving average is $34.58 and its two-hundred day simple moving average is $40.10. 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) last announced its earnings results on Thursday, May 1st. The company reported $0.79 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.72 by $0.07. The business had revenue of $621.40 million for 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%. The business’s revenue for the quarter was up 12.6% on a year-over-year basis. During the same period last year, the firm posted $0.71 earnings per share. Analysts expect that Janus Henderson Group plc will post 3.75 EPS for the current year.

Janus Henderson Group Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, May 29th. Shareholders of record on Monday, May 12th will be given a $0.40 dividend. This represents a $1.60 annualized dividend and a yield of 4.21%. This is a boost from Janus Henderson Group’s previous quarterly dividend of $0.39. The ex-dividend date is Monday, May 12th. Janus Henderson Group’s dividend payout ratio (DPR) is presently 63.49%.

Analyst Ratings Changes

Several equities analysts have recently weighed in on JHG shares. UBS Group upgraded Janus Henderson Group from a “neutral” rating to a “buy” rating and raised their price target for the company from $45.00 to $50.00 in a report on Monday, February 24th. StockNews.com downgraded Janus Henderson Group from a “buy” rating to a “hold” rating in a report on Tuesday, March 25th. Morgan Stanley raised their price target on Janus Henderson Group from $32.00 to $33.00 and gave the company an “equal weight” rating in a report on Tuesday, May 6th. Bank of America raised Janus Henderson Group from a “neutral” rating to a “buy” rating and dropped their price objective for the company from $57.00 to $43.00 in a research report on Thursday, April 3rd. Finally, Wells Fargo & Company dropped their price objective on Janus Henderson Group from $46.00 to $36.00 and set an “equal weight” rating on the stock in a research report on Tuesday, April 8th. Six equities research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Hold” and a consensus price target of $42.78.

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.