Zacks Investment Management Grows Stake in Janus Henderson Group plc (NYSE:JHG)

Zacks Investment Management raised its position in shares of Janus Henderson Group plc (NYSE:JHG) by 4.0% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 113,410 shares of the company’s stock after purchasing an additional 4,350 shares during the period. Zacks Investment Management owned about 0.07% of Janus Henderson Group worth $4,823,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also made changes to their positions in JHG. HighTower Advisors LLC boosted its stake in shares of Janus Henderson Group by 161.9% during the third quarter. HighTower Advisors LLC now owns 15,836 shares of the company’s stock valued at $598,000 after purchasing an additional 9,790 shares in the last quarter. Orion Portfolio Solutions LLC bought a new stake in Janus Henderson Group during the 3rd quarter valued at $349,000. MML Investors Services LLC increased its holdings in shares of Janus Henderson Group by 56.3% in the 3rd quarter. MML Investors Services LLC now owns 16,714 shares of the company’s stock valued at $636,000 after acquiring an additional 6,018 shares during the period. Barclays PLC raised its position in shares of Janus Henderson Group by 84.0% in the 3rd quarter. Barclays PLC now owns 96,217 shares of the company’s stock worth $3,663,000 after acquiring an additional 43,933 shares in the last quarter. Finally, Geode Capital Management LLC lifted its stake in shares of Janus Henderson Group by 0.6% during the 3rd quarter. Geode Capital Management LLC now owns 2,124,618 shares of the company’s stock worth $80,907,000 after purchasing an additional 12,884 shares during the last quarter. Institutional investors own 87.94% of the company’s stock.

Janus Henderson Group Stock Performance

Shares of JHG stock opened at $30.72 on Friday. The business has a fifty day moving average of $37.34 and a 200 day moving average of $40.84. Janus Henderson Group plc has a 1 year low of $28.26 and a 1 year high of $46.68. The company has a debt-to-equity ratio of 0.08, a current ratio of 3.08 and a quick ratio of 2.08. The firm has a market capitalization of $4.84 billion, a price-to-earnings ratio of 12.00, a price-to-earnings-growth ratio of 0.66 and a beta of 1.43.

Janus Henderson Group (NYSE:JHG) last announced its quarterly earnings data on Friday, January 31st. The company reported $1.07 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.94 by $0.13. Janus Henderson Group had a return on equity of 12.18% and a net margin of 16.38%. During the same period in the previous year, the business earned $0.82 earnings per share. As a group, research analysts expect that Janus Henderson Group plc will post 3.75 earnings per share for the current year.

Janus Henderson Group Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, February 27th. Stockholders of record on Tuesday, February 11th were issued a $0.39 dividend. This represents a $1.56 annualized dividend and a dividend yield of 5.08%. The ex-dividend date of this dividend was Tuesday, February 11th. Janus Henderson Group’s dividend payout ratio (DPR) is currently 60.94%.

Analyst Ratings Changes

Several equities analysts have issued reports on JHG shares. Morgan Stanley lifted their target price on Janus Henderson Group from $46.00 to $48.00 and gave the company an “equal weight” rating in a research note on Friday, December 20th. Evercore ISI reduced their price objective on shares of Janus Henderson Group from $44.00 to $33.00 and set an “in-line” rating for the company in a research note on Friday, April 11th. JPMorgan Chase & Co. upgraded shares of Janus Henderson Group from a “neutral” rating to an “overweight” rating and raised their target price for the company from $44.00 to $53.00 in a research note on Wednesday, February 5th. Bank of America raised Janus Henderson Group from a “neutral” rating to a “buy” rating and reduced their price target for the stock from $57.00 to $43.00 in a research report on Thursday, April 3rd. Finally, StockNews.com cut Janus Henderson Group from a “buy” rating to a “hold” rating in a research report on Tuesday, March 25th. Six investment analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. According to MarketBeat.com, the company has an average rating of “Hold” and an average target price of $44.22.

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.