Kingsview Wealth Management LLC Purchases 1,170 Shares of Janus Henderson Group plc (NYSE:JHG)

Kingsview Wealth Management LLC lifted its stake in shares of Janus Henderson Group plc (NYSE:JHG) by 1.4% during the fourth quarter, Holdings Channel.com reports. The firm owned 86,921 shares of the company’s stock after buying an additional 1,170 shares during the period. Kingsview Wealth Management LLC’s holdings in Janus Henderson Group were worth $3,697,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently bought and sold shares of JHG. Huntington National Bank raised its position in shares of Janus Henderson Group by 24.5% during the 3rd quarter. Huntington National Bank now owns 1,219 shares of the company’s stock valued at $46,000 after acquiring an additional 240 shares during the last quarter. UMB Bank n.a. lifted its holdings in shares of Janus Henderson Group by 56.5% in the fourth quarter. UMB Bank n.a. now owns 787 shares of the company’s stock valued at $33,000 after purchasing an additional 284 shares in the last quarter. Richardson Financial Services Inc. boosted its position in Janus Henderson Group by 89.4% during the 4th quarter. Richardson Financial Services Inc. now owns 769 shares of the company’s stock worth $33,000 after acquiring an additional 363 shares during the last quarter. GAMMA Investing LLC increased its stake in Janus Henderson Group by 15.7% in the 3rd quarter. GAMMA Investing LLC now owns 2,822 shares of the company’s stock valued at $107,000 after buying an additional 382 shares during the last quarter. Finally, Assetmark Inc. boosted its position in Janus Henderson Group by 9.1% during the third quarter. Assetmark Inc. now owns 5,101 shares of the company’s stock valued at $194,000 after purchasing an additional 425 shares during the last quarter. 87.94% of the stock is currently owned by institutional investors.

Janus Henderson Group Trading Down 1.1 %

Shares of JHG opened at $45.32 on Monday. The firm’s 50 day simple moving average is $43.32 and its 200 day simple moving average is $40.55. Janus Henderson Group plc has a 1-year low of $29.64 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 company has a market capitalization of $7.21 billion, a P/E ratio of 17.70, a P/E/G ratio of 0.71 and a beta of 1.50.

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, beating analysts’ consensus estimates of $0.94 by $0.13. Janus Henderson Group had a net margin of 16.38% and a return on equity of 12.18%. During the same period in the previous year, the business posted $0.82 earnings per share. Sell-side analysts forecast that Janus Henderson Group plc will post 3.74 earnings per share for the current fiscal year.

Janus Henderson Group Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, February 27th. Investors of record on Tuesday, February 11th will be paid a $0.39 dividend. This represents a $1.56 annualized dividend and a dividend yield of 3.44%. The ex-dividend date of this dividend is Tuesday, February 11th. Janus Henderson Group’s payout ratio is 60.94%.

Wall Street Analysts Forecast Growth

Several research analysts have recently weighed in on JHG shares. Morgan Stanley boosted their price objective on shares of Janus Henderson Group from $46.00 to $48.00 and gave the stock an “equal weight” rating in a research note on Friday, December 20th. TD Cowen increased their price target 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. JPMorgan Chase & Co. upgraded shares of Janus Henderson Group from a “neutral” rating to an “overweight” rating and boosted their target price for the company from $44.00 to $53.00 in a research report on Wednesday, February 5th. Evercore ISI lifted their target price on Janus Henderson Group from $40.00 to $43.00 and gave the company an “in-line” rating in a research report on Thursday, November 7th. Finally, Wells Fargo & Company increased their price target on Janus Henderson Group from $43.00 to $46.00 and gave the company an “equal weight” rating in a research note on Monday, February 3rd. Seven investment analysts have rated the stock with a hold rating and two have assigned a buy rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Hold” and an average price target of $46.75.

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.