Janus Henderson Group plc (NYSE:JHG) Shares Acquired by Cerity Partners LLC

Cerity Partners LLC lifted its holdings in shares of Janus Henderson Group plc (NYSE:JHG) by 7.7% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 41,748 shares of the company’s stock after buying an additional 2,991 shares during the period. Cerity Partners LLC’s holdings in Janus Henderson Group were worth $1,509,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also made changes to their positions in JHG. UMB Bank n.a. grew its holdings in shares of Janus Henderson Group by 48.9% during the 1st quarter. UMB Bank n.a. now owns 1,172 shares of the company’s stock valued at $42,000 after acquiring an additional 385 shares in the last quarter. True Wealth Design LLC grew its holdings in shares of Janus Henderson Group by 66.9% during the 4th quarter. True Wealth Design LLC now owns 1,020 shares of the company’s stock valued at $43,000 after acquiring an additional 409 shares in the last quarter. Allworth Financial LP grew its holdings in shares of Janus Henderson Group by 87.9% during the 1st quarter. Allworth Financial LP now owns 1,462 shares of the company’s stock valued at $48,000 after acquiring an additional 684 shares in the last quarter. Bessemer Group Inc. grew its holdings in shares of Janus Henderson Group by 825.2% during 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 in the last quarter. Finally, Farther Finance Advisors LLC grew its holdings in shares of Janus Henderson Group by 82.3% during the 1st quarter. Farther Finance Advisors LLC now owns 2,299 shares of the company’s stock valued at $83,000 after acquiring an additional 1,038 shares in the last quarter. 87.94% of the stock is currently owned by institutional investors and hedge funds.

Janus Henderson Group Stock Down 0.5%

JHG opened at $41.38 on Tuesday. The company has a debt-to-equity ratio of 0.08, a current ratio of 4.38 and a quick ratio of 2.67. The company’s 50-day moving average is $38.16 and its 200 day moving average is $38.32. Janus Henderson Group plc has a fifty-two week low of $28.26 and a fifty-two week high of $46.68. The firm has a market capitalization of $6.52 billion, a P/E ratio of 16.42, a PEG ratio of 1.31 and a beta of 1.43.

Janus Henderson Group (NYSE:JHG) last posted its quarterly earnings results 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 net margin of 15.56% and a return on equity of 12.13%. The company had revenue of $621.40 million for the quarter, compared to analyst estimates of $623.56 million. During the same quarter in the previous year, the firm posted $0.71 earnings per share. The company’s quarterly revenue was up 12.6% compared to the same quarter last year. Research analysts expect that Janus Henderson Group plc will post 3.75 earnings per share for the current fiscal year.

Janus Henderson Group Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, May 29th. Shareholders of record on Monday, May 12th were paid a $0.40 dividend. This represents a $1.60 dividend on an annualized basis and a yield of 3.87%. 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 payout ratio is currently 63.49%.

Analyst Upgrades and Downgrades

Several analysts have recently weighed in on the stock. Wall Street Zen lowered shares of Janus Henderson Group from a “buy” rating to a “hold” rating in a report on Tuesday, March 25th. Wells Fargo & Company raised their price objective on shares of Janus Henderson Group from $37.00 to $44.00 and gave the stock an “equal weight” rating in a report on Friday, July 11th. Evercore ISI raised their price objective on shares of Janus Henderson Group from $33.00 to $35.00 and gave the stock an “in-line” rating in a report on Friday, May 2nd. JPMorgan Chase & Co. raised their price objective on shares of Janus Henderson Group from $44.00 to $47.00 and gave the stock an “overweight” rating in a report on Wednesday, July 16th. Finally, Morgan Stanley raised their price objective on shares of Janus Henderson Group from $33.00 to $36.00 and gave the stock an “equal weight” rating in a report on Wednesday, July 2nd. Six investment analysts have rated the stock with a hold rating and five have issued a buy rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Hold” and an average target price of $43.33.

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.