Wealth Enhancement Advisory Services LLC Acquires 15,006 Shares of Janus Henderson Group plc (NYSE:JHG)

Wealth Enhancement Advisory Services LLC lifted its holdings in Janus Henderson Group plc (NYSE:JHG) by 239.9% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 21,261 shares of the company’s stock after purchasing an additional 15,006 shares during the quarter. Wealth Enhancement Advisory Services LLC’s holdings in Janus Henderson Group were worth $904,000 as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in the business. Vanguard Group Inc. lifted its position in shares of Janus Henderson Group by 1.5% in the fourth quarter. Vanguard Group Inc. now owns 14,148,813 shares of the company’s stock worth $601,749,000 after purchasing an additional 203,330 shares in the last quarter. Millennium Management LLC raised its position in Janus Henderson Group by 23.9% during the fourth quarter. Millennium Management LLC now owns 7,247,633 shares of the company’s stock worth $308,242,000 after acquiring an additional 1,399,781 shares in the last quarter. Charles Schwab Investment Management Inc. raised its position in Janus Henderson Group by 3.3% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 4,593,441 shares of the company’s stock worth $195,359,000 after acquiring an additional 147,362 shares in the last quarter. Northern Trust Corp raised its position in Janus Henderson Group by 8.4% during the fourth quarter. Northern Trust Corp now owns 2,320,796 shares of the company’s stock worth $98,703,000 after acquiring an additional 180,726 shares in the last quarter. Finally, Norges Bank bought a new stake in Janus Henderson Group during the fourth quarter worth $83,525,000. Institutional investors own 87.94% of the company’s stock.

Janus Henderson Group Price Performance

NYSE:JHG opened at $36.81 on Tuesday. Janus Henderson Group plc has a one year low of $28.26 and a one year high of $46.68. The company has a market cap of $5.80 billion, a P/E ratio of 14.38, a P/E/G ratio of 0.66 and a beta of 1.42. The firm’s fifty day moving average price is $34.40 and its two-hundred day moving average price is $39.32. The company has a debt-to-equity ratio of 0.08, a current ratio of 3.08 and a quick ratio of 2.08.

Janus Henderson Group (NYSE:JHG) last released its quarterly earnings results 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 business had revenue of $621.40 million for the quarter, compared to the consensus estimate of $623.56 million. During the same period in the prior year, the company posted $0.71 earnings per share. Janus Henderson Group’s revenue was up 12.6% compared to the same quarter last year. Equities analysts expect that Janus Henderson Group plc will post 3.75 earnings per share for the current year.

Janus Henderson Group Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, May 29th. Investors of record on Monday, May 12th were paid a $0.40 dividend. The ex-dividend date was Monday, May 12th. 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 4.35%. Janus Henderson Group’s dividend payout ratio is 63.49%.

Analyst Upgrades and Downgrades

JHG has been the topic of several analyst reports. UBS Group raised shares of Janus Henderson Group from a “neutral” rating to a “buy” rating and upped their price target for the stock from $45.00 to $50.00 in a research report on Monday, February 24th. Wells Fargo & Company dropped their price target on shares of 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. Cowen reaffirmed a “buy” rating on shares of Janus Henderson Group in a research report on Wednesday, May 14th. Wall Street Zen lowered shares of Janus Henderson Group from a “buy” rating to a “hold” rating in a research report on Tuesday, March 25th. Finally, Morgan Stanley upped their price objective on shares of Janus Henderson Group from $32.00 to $33.00 and gave the company an “equal weight” rating in a report on Tuesday, May 6th. Six investment analysts have rated the stock with a hold rating and five have assigned a buy rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus price target of $42.78.

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.