Janus Henderson Group plc (NYSE:JHG) Shares Acquired by Allworth Financial LP

Allworth Financial LP lifted its holdings in Janus Henderson Group plc (NYSE:JHG) by 87.9% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,462 shares of the company’s stock after buying an additional 684 shares during the period. Allworth Financial LP’s holdings in Janus Henderson Group were worth $48,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Mirae Asset Global Investments Co. Ltd. boosted its stake in Janus Henderson Group by 12.4% during the first quarter. Mirae Asset Global Investments Co. Ltd. now owns 103,653 shares of the company’s stock worth $3,729,000 after buying an additional 11,435 shares during the last quarter. GAMMA Investing LLC increased its stake in shares of Janus Henderson Group by 4,188.8% in the 1st quarter. GAMMA Investing LLC now owns 144,962 shares of the company’s stock worth $5,240,000 after acquiring an additional 141,582 shares during the last quarter. Assenagon Asset Management S.A. raised its holdings in shares of Janus Henderson Group by 23.7% during the 1st quarter. Assenagon Asset Management S.A. now owns 63,334 shares of the company’s stock worth $2,290,000 after acquiring an additional 12,119 shares during the period. Nilsine Partners LLC raised its holdings in shares of Janus Henderson Group by 31.2% during the 1st quarter. Nilsine Partners LLC now owns 33,358 shares of the company’s stock worth $1,206,000 after acquiring an additional 7,942 shares during the period. Finally, Envestnet Asset Management Inc. boosted its position in shares of Janus Henderson Group by 4.1% during the 4th quarter. Envestnet Asset Management Inc. now owns 248,540 shares of the company’s stock valued at $10,570,000 after acquiring an additional 9,896 shares during the last quarter. 87.94% of the stock is currently owned by institutional investors and hedge funds.

Janus Henderson Group Stock Down 0.2%

NYSE:JHG opened at $41.58 on Friday. Janus Henderson Group plc has a 52 week low of $28.26 and a 52 week high of $46.68. The stock’s fifty day moving average is $38.16 and its two-hundred day moving average is $38.39. The stock has a market capitalization of $6.55 billion, a price-to-earnings ratio of 16.50, a price-to-earnings-growth ratio of 1.31 and a beta of 1.43. The company has a quick ratio of 2.67, a current ratio of 4.38 and a debt-to-equity ratio of 0.08.

Janus Henderson Group (NYSE:JHG) last posted its quarterly earnings data on Thursday, May 1st. The company reported $0.79 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.72 by $0.07. Janus Henderson Group had a return on equity of 12.13% and a net margin of 15.56%. The firm had revenue of $621.40 million for the quarter, compared to the consensus estimate of $623.56 million. During the same quarter in the previous year, the business earned $0.71 EPS. The company’s quarterly revenue was up 12.6% compared to the same quarter last year. Research analysts anticipate that Janus Henderson Group plc will post 3.75 EPS for the current year.

Janus Henderson Group Increases Dividend

The firm also recently declared 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 represents a $1.60 annualized dividend and a dividend yield of 3.85%. The ex-dividend date of this dividend was Monday, May 12th. This is a boost from Janus Henderson Group’s previous quarterly dividend of $0.39. Janus Henderson Group’s dividend payout ratio is currently 63.49%.

Wall Street Analyst Weigh In

Several equities research analysts recently issued reports on the stock. Wall Street Zen cut shares of Janus Henderson Group from a “buy” rating to a “hold” rating in a research report on Tuesday, March 25th. 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. Morgan Stanley upped their price objective on Janus Henderson Group from $33.00 to $36.00 and gave the company an “equal weight” rating in a report on Wednesday, July 2nd. Cowen reiterated a “buy” rating on shares of Janus Henderson Group in a research report on Wednesday, May 14th. Finally, JPMorgan Chase & Co. lifted their target price on Janus Henderson Group from $44.00 to $47.00 and gave the company an “overweight” rating in a research report on Wednesday. Six investment analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. According to MarketBeat.com, the company has an average rating of “Hold” and a consensus target price of $43.33.

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.