Mariner LLC Sells 400 Shares of Janus Henderson Group plc (NYSE:JHG)

Mariner LLC reduced its position in Janus Henderson Group plc (NYSE:JHG) by 3.8% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 10,155 shares of the company’s stock after selling 400 shares during the quarter. Mariner LLC’s holdings in Janus Henderson Group were worth $432,000 at the end of the most recent quarter.

Several other hedge funds also recently bought and sold shares of JHG. Barclays PLC boosted its holdings in Janus Henderson Group by 84.0% in the 3rd quarter. Barclays PLC now owns 96,217 shares of the company’s stock valued at $3,663,000 after purchasing an additional 43,933 shares during the period. World Investment Advisors LLC purchased a new stake in shares of Janus Henderson Group in the third quarter worth $253,000. Franklin Resources Inc. boosted its stake in Janus Henderson Group by 11.7% during the third quarter. Franklin Resources Inc. now owns 478,249 shares of the company’s stock valued at $19,106,000 after buying an additional 50,221 shares during the period. Principal Financial Group Inc. grew its position in 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 worth $79,248,000 after buying an additional 467,049 shares in the last quarter. Finally, JPMorgan Chase & Co. increased its stake in Janus Henderson Group by 8.3% in the 3rd quarter. JPMorgan Chase & Co. now owns 578,890 shares of the company’s stock worth $22,038,000 after acquiring an additional 44,378 shares during the last quarter. Hedge funds and other institutional investors own 87.94% of the company’s stock.

Janus Henderson Group Trading Up 2.8 %

NYSE JHG opened at $35.63 on Friday. The stock has a 50-day moving average of $35.03 and a 200-day moving average of $40.37. 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 plc has a 1-year low of $28.26 and a 1-year high of $46.68. The firm has a market cap of $5.61 billion, a PE ratio of 13.92, a price-to-earnings-growth ratio of 0.66 and a beta of 1.43.

Janus Henderson Group (NYSE:JHG) last released its quarterly earnings data on Thursday, May 1st. The company reported $0.79 earnings per share for the quarter, beating analysts’ consensus estimates of $0.72 by $0.07. Janus Henderson Group had a return on equity of 12.18% and a net margin of 16.38%. The firm had revenue of $621.40 million during the quarter, compared to analyst estimates of $623.56 million. During the same quarter in the prior year, the firm posted $0.71 earnings per share. The business’s quarterly revenue was up 12.6% compared to the same quarter last year. As a group, sell-side analysts forecast that Janus Henderson Group plc will post 3.75 EPS for the current year.

Janus Henderson Group Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, May 29th. Shareholders of record on Monday, May 12th will be given a $0.40 dividend. This is a boost from Janus Henderson Group’s previous quarterly dividend of $0.39. The ex-dividend date is Monday, May 12th. This represents a $1.60 dividend on an annualized basis and a dividend yield of 4.49%. Janus Henderson Group’s payout ratio is presently 60.94%.

Analyst Upgrades and Downgrades

A number of brokerages have recently issued reports on JHG. JPMorgan Chase & Co. upgraded Janus Henderson Group from a “neutral” rating to an “overweight” rating and lifted their price target for the company from $44.00 to $53.00 in a research report on Wednesday, February 5th. Evercore ISI increased their price target on shares of Janus Henderson Group from $33.00 to $35.00 and gave the stock an “in-line” rating in a report on Friday. Wells Fargo & Company dropped their price objective on shares of Janus Henderson Group from $46.00 to $36.00 and set an “equal weight” rating for the company in a report on Tuesday, April 8th. Bank of America raised Janus Henderson Group from a “neutral” rating to a “buy” rating and reduced their target price for the company from $57.00 to $43.00 in a research note on Thursday, April 3rd. Finally, UBS Group upgraded Janus Henderson Group from a “neutral” rating to a “buy” rating and upped their price objective for the stock from $45.00 to $50.00 in a report on Monday, February 24th. Six investment analysts have rated the stock with a hold rating and four have given a buy rating to the company. According to data from MarketBeat, the stock has an average rating of “Hold” and an average target price of $44.44.

Janus Henderson Group 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.