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

Global Retirement Partners LLC boosted its position in shares of Janus Henderson Group plc (NYSE:JHG) by 58.9% in the fourth quarter, HoldingsChannel.com reports. The fund owned 5,027 shares of the company’s stock after acquiring an additional 1,864 shares during the quarter. Global Retirement Partners LLC’s holdings in Janus Henderson Group were worth $214,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Convergence Investment Partners LLC boosted its holdings in shares of Janus Henderson Group by 13.4% in the 4th quarter. Convergence Investment Partners LLC now owns 48,583 shares of the company’s stock valued at $2,066,000 after acquiring an additional 5,722 shares during the last quarter. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors purchased a new stake in Janus Henderson Group in the fourth quarter valued at $159,000. Kestra Investment Management LLC grew its position in Janus Henderson Group by 29.6% during the 4th quarter. Kestra Investment Management LLC now owns 14,322 shares of the company’s stock worth $609,000 after purchasing an additional 3,269 shares during the period. Venturi Wealth Management LLC grew its position in Janus Henderson Group by 24.8% during the 4th quarter. Venturi Wealth Management LLC now owns 4,577 shares of the company’s stock worth $195,000 after purchasing an additional 911 shares during the period. Finally, Truist Financial Corp raised its stake in shares of Janus Henderson Group by 110.2% during the 4th quarter. Truist Financial Corp now owns 5,426 shares of the company’s stock valued at $231,000 after buying an additional 2,845 shares during the last quarter. Institutional investors and hedge funds own 87.94% of the company’s stock.

Janus Henderson Group Stock Down 1.0 %

Shares of JHG opened at $41.83 on Wednesday. The stock has a 50 day moving average price of $43.09 and a 200 day moving average price of $41.23. Janus Henderson Group plc has a one year low of $30.35 and a one year high of $46.68. The company has a debt-to-equity ratio of 0.08, a quick ratio of 2.08 and a current ratio of 3.08. The stock has a market capitalization of $6.65 billion, a price-to-earnings ratio of 16.34, a PEG ratio of 0.66 and a beta of 1.50.

Janus Henderson Group (NYSE:JHG) last released its earnings results on Friday, January 31st. The company reported $1.07 earnings per share (EPS) for the quarter, topping 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 quarter last year, the business earned $0.82 earnings per share. Equities research analysts forecast that Janus Henderson Group plc will post 3.75 earnings per share for the current fiscal year.

Janus Henderson Group Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, February 27th. Shareholders of record on Tuesday, February 11th will be issued a $0.39 dividend. The ex-dividend date of this dividend is Tuesday, February 11th. This represents a $1.56 dividend on an annualized basis and a yield of 3.73%. Janus Henderson Group’s payout ratio is 60.94%.

Analyst Upgrades and Downgrades

JHG has been the topic of a number of recent research reports. UBS Group upgraded Janus Henderson Group from a “neutral” rating to a “buy” rating and upped their target price for the stock from $45.00 to $50.00 in a research note on Monday. Wells Fargo & Company lifted their price objective on shares of Janus Henderson Group from $43.00 to $46.00 and gave the company an “equal weight” rating in a report on Monday, February 3rd. Evercore ISI increased their target price on shares of Janus Henderson Group from $40.00 to $43.00 and gave the stock an “in-line” rating in a research note on Thursday, November 7th. JPMorgan Chase & Co. upgraded Janus Henderson Group from a “neutral” rating to an “overweight” rating and lifted their price target for the company from $44.00 to $53.00 in a research note on Wednesday, February 5th. Finally, Deutsche Bank Aktiengesellschaft increased their target price on Janus Henderson Group from $42.00 to $44.00 and gave the company a “hold” rating in a research report on Monday, November 11th. Six analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus price target of $47.38.

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.