Norges Bank Invests $83.53 Million in Janus Henderson Group plc (NYSE:JHG)

Norges Bank purchased a new stake in Janus Henderson Group plc (NYSE:JHG) during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund purchased 1,963,909 shares of the company’s stock, valued at approximately $83,525,000. Norges Bank owned 1.24% of Janus Henderson Group as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Quarry LP lifted its stake in shares of Janus Henderson Group by 203.6% in the 3rd quarter. Quarry LP now owns 759 shares of the company’s stock worth $29,000 after acquiring an additional 509 shares during the period. UMB Bank n.a. lifted its position in 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 during the period. Richardson Financial Services Inc. boosted its holdings in Janus Henderson Group by 89.4% in the 4th quarter. Richardson Financial Services Inc. now owns 769 shares of the company’s stock valued at $33,000 after purchasing an additional 363 shares in the last quarter. Larson Financial Group LLC increased its position in Janus Henderson Group by 33.9% during the 4th quarter. Larson Financial Group LLC now owns 1,137 shares of the company’s stock worth $48,000 after purchasing an additional 288 shares during the period. Finally, EverSource Wealth Advisors LLC raised its stake in shares of Janus Henderson Group by 48.7% during the 4th quarter. EverSource Wealth Advisors LLC now owns 1,872 shares of the company’s stock worth $80,000 after buying an additional 613 shares in the last quarter. 87.94% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

JHG has been the topic of a number of recent analyst reports. JPMorgan Chase & Co. raised Janus Henderson Group from a “neutral” rating to an “overweight” rating and upped their price objective for the stock from $44.00 to $53.00 in a report on Wednesday, February 5th. Wells Fargo & Company increased their price target 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. 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 report on Friday, December 20th. UBS Group raised shares of Janus Henderson Group from a “neutral” rating to a “buy” rating and increased their target price for the company from $45.00 to $50.00 in a report on Monday, February 24th. Finally, StockNews.com lowered Janus Henderson Group from a “buy” rating to a “hold” rating in a research note on Tuesday, March 25th. Six investment analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Hold” and an average price target of $47.38.

Janus Henderson Group Price Performance

Shares of NYSE:JHG opened at $36.83 on Thursday. 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 business’s fifty day moving average price is $40.80 and its two-hundred day moving average price is $41.52. The stock has a market cap of $5.80 billion, a PE ratio of 14.39, a price-to-earnings-growth ratio of 0.66 and a beta of 1.43. Janus Henderson Group plc has a one year low of $30.35 and a one year high of $46.68.

Janus Henderson Group (NYSE:JHG) last posted its quarterly earnings data on Friday, January 31st. The company reported $1.07 EPS for the quarter, beating 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 last year, the company earned $0.82 EPS. On average, analysts forecast that Janus Henderson Group plc will post 3.75 EPS for the current fiscal year.

Janus Henderson Group Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Thursday, February 27th. Investors of record on Tuesday, February 11th were paid a dividend of $0.39 per share. This represents a $1.56 annualized dividend and a dividend yield of 4.24%. The ex-dividend date was Tuesday, February 11th. Janus Henderson Group’s payout ratio is 60.94%.

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.