6,114 Shares in Janus Henderson Group plc (NYSE:JHG) Purchased by Townsquare Capital LLC

Townsquare Capital LLC acquired a new position in shares of Janus Henderson Group plc (NYSE:JHG) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 6,114 shares of the company’s stock, valued at approximately $260,000.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Vanguard Group Inc. increased its stake in Janus Henderson Group by 1.5% in the 4th quarter. Vanguard Group Inc. now owns 14,148,813 shares of the company’s stock valued at $601,749,000 after buying an additional 203,330 shares during the last quarter. Charles Schwab Investment Management Inc. grew its holdings in shares of Janus Henderson Group by 3.3% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 4,593,441 shares of the company’s stock valued at $195,359,000 after acquiring an additional 147,362 shares in the last quarter. Principal Financial Group Inc. increased its position in shares of Janus Henderson Group by 28.9% during the third quarter. Principal Financial Group Inc. now owns 2,081,630 shares of the company’s stock valued at $79,248,000 after acquiring an additional 467,049 shares during the last quarter. Norges Bank bought a new stake in Janus Henderson Group during the fourth quarter worth $83,525,000. Finally, Allianz Asset Management GmbH lifted its holdings in 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 acquiring an additional 473,143 shares during the period. 87.94% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several equities research analysts have recently issued reports on the company. Wells Fargo & Company decreased their target price on Janus Henderson Group from $46.00 to $36.00 and set an “equal weight” rating for the company in a research report on Tuesday, April 8th. StockNews.com downgraded shares of Janus Henderson Group from a “buy” rating to a “hold” rating in a report on Tuesday, March 25th. Bank of America upgraded shares of Janus Henderson Group from a “neutral” rating to a “buy” rating and dropped their target price for the company from $57.00 to $43.00 in a research note on Thursday, April 3rd. JPMorgan Chase & Co. upgraded 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 note on Wednesday, February 5th. Finally, UBS Group upgraded Janus Henderson Group from a “neutral” rating to a “buy” rating and upped their price objective for the company from $45.00 to $50.00 in a research note on Monday, February 24th. Six equities research analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. Based on data from MarketBeat.com, Janus Henderson Group presently has an average rating of “Hold” and an average target price of $44.22.

Janus Henderson Group Stock Performance

Shares of JHG stock opened at $30.93 on Wednesday. Janus Henderson Group plc has a 12 month low of $28.26 and a 12 month high of $46.68. The stock has a market capitalization of $4.87 billion, a P/E ratio of 12.08, a PEG ratio of 0.66 and a beta of 1.43. The company has a current ratio of 3.08, a quick ratio of 2.08 and a debt-to-equity ratio of 0.08. The firm’s 50 day moving average is $36.56 and its 200 day moving average is $40.70.

Janus Henderson Group (NYSE:JHG) last posted its quarterly earnings results 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 return on equity of 12.18% and a net margin of 16.38%. During the same period last year, the company earned $0.82 earnings per share. On average, sell-side analysts anticipate that Janus Henderson Group plc will post 3.75 earnings per share for the current year.

Janus Henderson Group Dividend Announcement

The business also recently announced 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 dividend on an annualized basis and a yield of 5.04%. The ex-dividend date of this dividend was Tuesday, February 11th. Janus Henderson Group’s payout ratio is presently 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.