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

Cerity Partners LLC raised its position in Janus Henderson Group plc (NYSE:JHG) by 7.7% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 41,748 shares of the company’s stock after purchasing an additional 2,991 shares during the quarter. Cerity Partners LLC’s holdings in Janus Henderson Group were worth $1,509,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also made changes to their positions in JHG. UMB Bank n.a. raised its stake in shares of Janus Henderson Group by 48.9% in the first 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 lifted its holdings in Janus Henderson Group by 66.9% during the 4th quarter. True Wealth Design LLC now owns 1,020 shares of the company’s stock worth $43,000 after buying an additional 409 shares during the last quarter. Allworth Financial LP increased its holdings in shares of Janus Henderson Group by 87.9% in 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 during the last quarter. Bessemer Group Inc. lifted its stake in Janus Henderson Group by 825.2% during the fourth quarter. Bessemer Group Inc. now owns 1,286 shares of the company’s stock worth $55,000 after purchasing an additional 1,147 shares during the last quarter. Finally, Farther Finance Advisors LLC boosted its holdings in Janus Henderson Group by 82.3% in the first quarter. Farther Finance Advisors LLC now owns 2,299 shares of the company’s stock valued at $83,000 after purchasing an additional 1,038 shares in the last quarter. Institutional investors and hedge funds own 87.94% of the company’s stock.

Janus Henderson Group Stock Down 0.5%

NYSE:JHG opened at $41.38 on Tuesday. The company has a debt-to-equity ratio of 0.08, a quick ratio of 2.67 and a current ratio of 4.38. The company has a market capitalization of $6.52 billion, a price-to-earnings ratio of 16.42, a price-to-earnings-growth ratio of 1.31 and a beta of 1.43. Janus Henderson Group plc has a one year low of $28.26 and a one year high of $46.68. The stock has a 50-day simple moving average of $38.16 and a 200 day simple moving average of $38.32.

Janus Henderson Group (NYSE:JHG) last announced its quarterly 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 the consensus estimate of $623.56 million. Janus Henderson Group had a return on equity of 12.13% and a net margin of 15.56%. The business’s revenue was up 12.6% on a year-over-year basis. During the same quarter last year, the business posted $0.71 EPS. Sell-side analysts predict that Janus Henderson Group plc will post 3.75 EPS 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. Investors of record on Monday, May 12th were paid a $0.40 dividend. The ex-dividend date was Monday, May 12th. This represents a $1.60 dividend on an annualized basis and a yield of 3.87%. This is a boost from Janus Henderson Group’s previous quarterly dividend of $0.39. Janus Henderson Group’s dividend payout ratio (DPR) is currently 63.49%.

Analysts Set New Price Targets

Several research analysts have issued reports on the stock. The Goldman Sachs Group lowered their price objective 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. Wells Fargo & Company boosted their price target on Janus Henderson Group from $37.00 to $44.00 and gave the company an “equal weight” rating in a research report on Friday, July 11th. Cowen reaffirmed a “buy” rating on shares of Janus Henderson Group in a research report on Wednesday, May 14th. Evercore ISI boosted their target price on Janus Henderson Group from $33.00 to $35.00 and gave the company an “in-line” rating in a report on Friday, May 2nd. Finally, JPMorgan Chase & Co. increased their price target on Janus Henderson Group from $44.00 to $47.00 and gave the stock an “overweight” rating in a report on Wednesday, July 16th. Six analysts have rated the stock with a hold rating and five have given a buy rating to the company. According to data from MarketBeat, Janus Henderson Group has a consensus rating of “Hold” and an average price target 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.