Orion Portfolio Solutions LLC Buys 4,200 Shares of Janus Henderson Group plc (NYSE:JHG)

Orion Portfolio Solutions LLC lifted its stake in shares of Janus Henderson Group plc (NYSE:JHG) by 45.8% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 13,363 shares of the company’s stock after purchasing an additional 4,200 shares during the quarter. Orion Portfolio Solutions LLC’s holdings in Janus Henderson Group were worth $568,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Norges Bank acquired a new position in Janus Henderson Group during the 4th quarter worth approximately $83,525,000. Allianz Asset Management GmbH raised its position in shares of Janus Henderson Group by 32.5% during the fourth quarter. Allianz Asset Management GmbH now owns 1,927,318 shares of the company’s stock worth $81,969,000 after purchasing an additional 473,143 shares during the period. Principal Financial Group Inc. lifted its holdings in shares of Janus Henderson Group by 28.9% in the 3rd quarter. Principal Financial Group Inc. now owns 2,081,630 shares of the company’s stock worth $79,248,000 after purchasing an additional 467,049 shares in the last quarter. Victory Capital Management Inc. grew its position in Janus Henderson Group by 1,490.0% in the 4th quarter. Victory Capital Management Inc. now owns 272,961 shares of the company’s stock valued at $11,609,000 after purchasing an additional 255,794 shares during the period. Finally, National Bank of Canada FI bought a new stake in Janus Henderson Group during the 3rd quarter valued at $8,029,000. Institutional investors own 87.94% of the company’s stock.

Janus Henderson Group Stock Down 1.9 %

JHG stock opened at $29.62 on Tuesday. Janus Henderson Group plc has a 1-year low of $28.26 and a 1-year high of $46.68. The stock has a market cap of $4.67 billion, a P/E ratio of 11.57, a P/E/G ratio of 0.66 and a beta of 1.43. The stock’s fifty day simple moving average is $40.06 and its two-hundred day simple moving average is $41.40. The company has a current ratio of 3.08, a quick ratio of 2.08 and a debt-to-equity ratio of 0.08.

Janus Henderson Group (NYSE:JHG) last issued 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 net margin of 16.38% and a return on equity of 12.18%. During the same period in the prior year, the company posted $0.82 EPS. Analysts expect that Janus Henderson Group plc will post 3.75 EPS for the current year.

Janus Henderson Group Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, February 27th. Stockholders of record on Tuesday, February 11th were given a dividend of $0.39 per share. This represents a $1.56 dividend on an annualized basis and a dividend yield of 5.27%. The ex-dividend date was Tuesday, February 11th. Janus Henderson Group’s dividend payout ratio is currently 60.94%.

Analyst Upgrades and Downgrades

A number of brokerages have recently issued reports on JHG. The Goldman Sachs Group reduced their price objective on shares of Janus Henderson Group from $47.00 to $41.00 and set a “neutral” rating for the company in a report on Thursday, April 3rd. Bank of America upgraded Janus Henderson Group from a “neutral” rating to a “buy” rating and cut their price target for the company from $57.00 to $43.00 in a research note on Thursday, April 3rd. Wells Fargo & Company increased their price objective on Janus Henderson Group from $43.00 to $46.00 and gave the stock an “equal weight” rating in a research note on Monday, February 3rd. Morgan Stanley lifted their target price on 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. Finally, JPMorgan Chase & Co. raised Janus Henderson Group from a “neutral” rating to an “overweight” rating and increased their price target for the company from $44.00 to $53.00 in a research report on Wednesday, February 5th. Six research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus target price of $46.44.

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.