Profit Investment Management LLC Buys 3,356 Shares of Janus Henderson Group plc (NYSE:JHG)

Profit Investment Management LLC lifted its holdings in Janus Henderson Group plc (NYSE:JHG) by 5.1% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 68,702 shares of the company’s stock after acquiring an additional 3,356 shares during the period. Janus Henderson Group makes up 2.3% of Profit Investment Management LLC’s portfolio, making the stock its 8th biggest position. Profit Investment Management LLC’s holdings in Janus Henderson Group were worth $2,922,000 as of its most recent SEC filing.

Several other large investors have also recently added to or reduced their stakes in the stock. Hennion & Walsh Asset Management Inc. lifted its position in shares of Janus Henderson Group by 1.4% in the 4th quarter. Hennion & Walsh Asset Management Inc. now owns 49,119 shares of the company’s stock worth $2,089,000 after buying an additional 672 shares during the last quarter. Park Avenue Securities LLC raised its holdings in Janus Henderson Group by 20.1% during the fourth quarter. Park Avenue Securities LLC now owns 33,152 shares of the company’s stock worth $1,410,000 after purchasing an additional 5,551 shares in the last quarter. Cooper Financial Group acquired a new position in Janus Henderson Group during the fourth quarter worth about $210,000. Nordea Investment Management AB boosted its holdings in Janus Henderson Group by 6.9% during the fourth quarter. Nordea Investment Management AB now owns 233,601 shares of the company’s stock worth $9,979,000 after buying an additional 14,996 shares in the last quarter. Finally, GAMMA Investing LLC grew its holdings in shares of Janus Henderson Group by 19.8% in the 4th quarter. GAMMA Investing LLC now owns 3,380 shares of the company’s stock worth $144,000 after acquiring an additional 558 shares during the last quarter. 87.94% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently issued reports on the stock. Wells Fargo & Company cut their price target on shares of Janus Henderson Group from $45.00 to $43.00 and set an “equal weight” rating on the stock in a report on Tuesday. TD Cowen upped their target price on Janus Henderson Group from $46.00 to $50.00 and gave the stock a “buy” rating in a research report on Friday, November 1st. Evercore ISI boosted their price objective on Janus Henderson Group from $40.00 to $43.00 and gave the stock an “in-line” rating in a research report on Thursday, November 7th. The Goldman Sachs Group upgraded shares of Janus Henderson Group from a “sell” rating to a “neutral” rating and raised their price target for the stock from $42.00 to $45.00 in a research report on Monday, January 6th. Finally, Morgan Stanley raised their target price on Janus Henderson Group from $46.00 to $48.00 and gave the stock an “equal weight” rating in a research report on Friday, December 20th. Eight investment analysts have rated the stock with a hold rating and one has assigned a buy rating to the company. According to data from MarketBeat, Janus Henderson Group presently has an average rating of “Hold” and an average price target of $44.75.

Janus Henderson Group Trading Up 1.1 %

JHG stock opened at $42.04 on Friday. Janus Henderson Group plc has a one year low of $28.19 and a one year high of $45.74. The stock has a market cap of $6.68 billion, a price-to-earnings ratio of 16.62, a price-to-earnings-growth ratio of 0.51 and a beta of 1.50. The company has a fifty day moving average price of $43.65 and a two-hundred day moving average price of $39.51. The company has a debt-to-equity ratio of 0.09, a current ratio of 3.08 and a quick ratio of 2.08.

Janus Henderson Group (NYSE:JHG) last announced its quarterly earnings data on Thursday, October 31st. The company reported $0.91 earnings per share for the quarter, beating the consensus estimate of $0.80 by $0.11. The firm had revenue of $624.80 million during the quarter, compared to analysts’ expectations of $600.88 million. Janus Henderson Group had a return on equity of 11.49% and a net margin of 17.33%. The company’s quarterly revenue was up 19.9% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.64 EPS. Equities analysts anticipate that Janus Henderson Group plc will post 3.46 EPS for the current year.

Janus Henderson Group Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, November 27th. Stockholders of record on Wednesday, November 27th were paid a $0.39 dividend. This represents a $1.56 annualized dividend and a dividend yield of 3.71%. The ex-dividend date of this dividend was Wednesday, November 27th. Janus Henderson Group’s dividend payout ratio is currently 61.66%.

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.