Envestnet Portfolio Solutions Inc. Acquires New Holdings in Janus Henderson Group plc (NYSE:JHG)

Envestnet Portfolio Solutions Inc. bought a new position in shares of Janus Henderson Group plc (NYSE:JHG) during the 4th quarter, according to its most recent 13F filing with the SEC. The firm bought 6,588 shares of the company’s stock, valued at approximately $280,000.

A number of other institutional investors have also recently bought and sold shares of the stock. KBC Group NV raised its holdings in shares of Janus Henderson Group by 63.6% during the fourth quarter. KBC Group NV now owns 4,546 shares of the company’s stock worth $193,000 after acquiring an additional 1,768 shares during the period. Mirae Asset Global Investments Co. Ltd. increased its holdings in Janus Henderson Group by 17.8% during the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 92,218 shares of the company’s stock worth $3,977,000 after purchasing an additional 13,942 shares in the last quarter. Merit Financial Group LLC acquired a new stake in shares of Janus Henderson Group in the 4th quarter valued at about $413,000. Nordea Investment Management AB lifted its holdings in shares of Janus Henderson Group by 6.9% in the fourth quarter. Nordea Investment Management AB now owns 233,601 shares of the company’s stock valued at $9,979,000 after purchasing an additional 14,996 shares in the last quarter. Finally, Verition Fund Management LLC boosted its position in shares of Janus Henderson Group by 156.1% during the third quarter. Verition Fund Management LLC now owns 24,505 shares of the company’s stock worth $933,000 after buying an additional 14,935 shares during the period. Institutional investors own 87.94% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities research analysts recently issued reports on the company. The Goldman Sachs Group raised Janus Henderson Group from a “sell” rating to a “neutral” rating and lifted their target price for the company from $42.00 to $45.00 in a research report on Monday, January 6th. Wells Fargo & Company boosted their price objective on shares of Janus Henderson Group from $43.00 to $46.00 and gave the stock an “equal weight” rating in a research report on Monday, February 3rd. Morgan Stanley raised their target price on shares of Janus Henderson Group from $46.00 to $48.00 and gave the company 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 boosted their price target for the stock from $45.00 to $50.00 in a research report on Monday, February 24th. Finally, StockNews.com cut Janus Henderson Group from a “buy” rating to a “hold” rating in a report on Tuesday. Six investment analysts have rated the stock with a hold rating and three have issued a buy rating to the company. According to MarketBeat.com, Janus Henderson Group has a consensus rating of “Hold” and an average target price of $47.38.

Janus Henderson Group Stock Down 1.2 %

Janus Henderson Group stock opened at $37.06 on Friday. Janus Henderson Group plc has a fifty-two week low of $30.35 and a fifty-two week high of $46.68. The firm has a market capitalization of $5.84 billion, a PE ratio of 14.48, a P/E/G ratio of 0.66 and a beta of 1.49. The company’s 50-day moving average is $41.34 and its 200-day moving average is $41.47. 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 announced its quarterly earnings results on Friday, January 31st. The company reported $1.07 earnings per share for the quarter, topping analysts’ consensus estimates 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 quarter in the prior year, the firm earned $0.82 EPS. Sell-side analysts anticipate that Janus Henderson Group plc will post 3.75 earnings per share for the current year.

Janus Henderson Group Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, February 27th. Shareholders of record on Tuesday, February 11th were issued a dividend of $0.39 per share. This represents a $1.56 annualized dividend and a yield of 4.21%. The ex-dividend date was Tuesday, February 11th. Janus Henderson Group’s dividend payout ratio is 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.