Assenagon Asset Management S.A. Acquires 12,119 Shares of Janus Henderson Group plc (NYSE:JHG)

Assenagon Asset Management S.A. boosted its holdings in shares of Janus Henderson Group plc (NYSE:JHG) by 23.7% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 63,334 shares of the company’s stock after acquiring an additional 12,119 shares during the period. Assenagon Asset Management S.A.’s holdings in Janus Henderson Group were worth $2,290,000 at the end of the most recent reporting period.

Several other hedge funds have also bought and sold shares of JHG. US Bancorp DE raised its position in shares of Janus Henderson Group by 2.3% in the 4th 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 last quarter. Avantax Advisory Services Inc. raised its holdings 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 buying an additional 270 shares during the last quarter. Callan Capital LLC lifted 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 buying an additional 287 shares in the last quarter. Larson Financial Group LLC grew its holdings in shares of Janus Henderson Group by 33.9% during the fourth 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 last quarter. Finally, Wells Fargo & Company MN grew its holdings in shares of Janus Henderson Group by 4.0% during the fourth quarter. Wells Fargo & Company MN now owns 8,755 shares of the company’s stock valued at $372,000 after buying an additional 339 shares during the last quarter. Institutional investors own 87.94% of the company’s stock.

Janus Henderson Group Trading Up 2.1%

Shares of NYSE:JHG opened at $36.92 on Tuesday. The stock’s 50-day simple moving average is $35.06 and its two-hundred day simple moving average is $39.02. The stock has a market capitalization of $5.82 billion, a price-to-earnings ratio of 14.42, a PEG ratio of 0.66 and a beta of 1.42. Janus Henderson Group plc has a 52-week low of $28.26 and a 52-week high of $46.68. The company has a debt-to-equity ratio of 0.08, a quick ratio of 2.08 and a current ratio of 3.08.

Janus Henderson Group (NYSE:JHG) last issued its quarterly earnings data on Thursday, May 1st. The company reported $0.79 earnings per share for the quarter, topping the consensus estimate of $0.72 by $0.07. The firm had revenue of $621.40 million for the quarter, compared to analysts’ expectations of $623.56 million. Janus Henderson Group had a net margin of 16.38% and a return on equity of 12.18%. The business’s quarterly revenue was up 12.6% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.71 EPS. Analysts expect that Janus Henderson Group plc will post 3.75 EPS for the current year.

Janus Henderson Group Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, May 29th. Stockholders of record on Monday, May 12th were given a dividend of $0.40 per share. This is an increase from Janus Henderson Group’s previous quarterly dividend of $0.39. The ex-dividend date was Monday, May 12th. This represents a $1.60 dividend on an annualized basis and a dividend yield of 4.33%. Janus Henderson Group’s payout ratio is presently 63.49%.

Analyst Ratings Changes

A number of equities analysts recently weighed in on the stock. Morgan Stanley boosted their price objective on shares of Janus Henderson Group from $32.00 to $33.00 and gave the stock an “equal weight” rating in a report on Tuesday, May 6th. Evercore ISI boosted their price target on Janus Henderson Group from $33.00 to $35.00 and gave the stock an “in-line” rating in a research note on Friday, May 2nd. Wall Street Zen downgraded Janus Henderson Group from a “buy” rating to a “hold” rating in a report on Tuesday, March 25th. Bank of America upgraded Janus Henderson Group from a “neutral” rating to a “buy” rating and reduced their price objective for the stock from $57.00 to $43.00 in a report on Thursday, April 3rd. Finally, Cowen reissued a “buy” rating on shares of Janus Henderson Group in a research report on Wednesday, May 14th. Six investment 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 presently has an average rating of “Hold” and a consensus target price of $42.78.

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.