Zurcher Kantonalbank Zurich Cantonalbank Grows Stock Holdings in Janus Henderson Group plc (NYSE:JHG)

Zurcher Kantonalbank Zurich Cantonalbank raised its position in shares of Janus Henderson Group plc (NYSE:JHG) by 77.4% in the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund owned 52,378 shares of the company’s stock after buying an additional 22,857 shares during the quarter. Zurcher Kantonalbank Zurich Cantonalbank’s holdings in Janus Henderson Group were worth $2,228,000 at the end of the most recent reporting period.

Several other hedge funds have also modified their holdings of JHG. Huntington National Bank raised its position in shares of Janus Henderson Group by 24.5% in the 3rd quarter. Huntington National Bank now owns 1,219 shares of the company’s stock valued at $46,000 after purchasing an additional 240 shares during the last quarter. US Bancorp DE raised its position in shares of Janus Henderson Group by 2.3% in the 4th quarter. US Bancorp DE now owns 11,003 shares of the company’s stock valued at $468,000 after purchasing an additional 243 shares during the last quarter. UMB Bank n.a. raised its position in shares of Janus Henderson Group by 56.5% in the 4th quarter. UMB Bank n.a. now owns 787 shares of the company’s stock valued at $33,000 after purchasing an additional 284 shares during the last quarter. Callan Capital LLC raised its position in shares of Janus Henderson Group by 5.3% in the 4th quarter. Callan Capital LLC now owns 5,741 shares of the company’s stock valued at $244,000 after purchasing an additional 287 shares during the last quarter. Finally, Larson Financial Group LLC raised its position in shares of Janus Henderson Group by 33.9% in the 4th quarter. Larson Financial Group LLC now owns 1,137 shares of the company’s stock valued at $48,000 after purchasing an additional 288 shares during the last quarter. 87.94% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several equities analysts recently commented on JHG shares. Wells Fargo & Company increased 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 research report on Monday, February 3rd. StockNews.com raised shares of Janus Henderson Group from a “hold” rating to a “buy” rating in a research report on Monday, March 3rd. Morgan Stanley raised their price target on shares of 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. UBS Group raised shares of Janus Henderson Group from a “neutral” rating to a “buy” rating and raised their price target for the stock from $45.00 to $50.00 in a research report on Monday, February 24th. Finally, JPMorgan Chase & Co. raised shares of Janus Henderson Group from a “neutral” rating to an “overweight” rating and raised their price target for the stock from $44.00 to $53.00 in a research report on Wednesday, February 5th. Five analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus target price of $47.38.

Janus Henderson Group Price Performance

Shares of NYSE JHG opened at $37.55 on Monday. The stock has a market capitalization of $5.92 billion, a price-to-earnings ratio of 14.67, a PEG ratio of 0.66 and a beta of 1.49. Janus Henderson Group plc has a 12 month low of $30.35 and a 12 month high of $46.68. The firm’s 50 day simple moving average is $42.11 and its 200-day simple moving average is $41.49. The company has a debt-to-equity ratio of 0.08, a current ratio of 3.08 and a quick ratio of 2.08.

Janus Henderson Group (NYSE:JHG) last issued its quarterly earnings data on Friday, January 31st. The company reported $1.07 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 in the previous year, the business posted $0.82 EPS. Analysts expect that Janus Henderson Group plc will post 3.75 EPS for the current year.

Janus Henderson Group Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Thursday, February 27th. Investors of record on Tuesday, February 11th were paid a $0.39 dividend. The ex-dividend date was Tuesday, February 11th. This represents a $1.56 dividend on an annualized basis and a yield of 4.15%. Janus Henderson Group’s dividend payout ratio is currently 60.94%.

Janus Henderson Group Company 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.