Captrust Financial Advisors Buys 3,297 Shares of Janus Henderson Group plc (NYSE:JHG)

Captrust Financial Advisors grew its stake in shares of Janus Henderson Group plc (NYSE:JHG) by 40.7% during the fourth quarter, HoldingsChannel reports. The firm owned 11,391 shares of the company’s stock after purchasing an additional 3,297 shares during the quarter. Captrust Financial Advisors’ holdings in Janus Henderson Group were worth $484,000 at the end of the most recent quarter.

A number of other large investors have also recently modified their holdings of the stock. KBC Group NV boosted its stake in 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 in the last quarter. Mirae Asset Global Investments Co. Ltd. boosted its stake in Janus Henderson Group by 17.8% during the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 92,218 shares of the company’s stock worth $3,977,000 after acquiring an additional 13,942 shares in the last quarter. Merit Financial Group LLC bought a new stake in Janus Henderson Group during the fourth quarter worth about $413,000. Delphi Management Inc. MA bought a new stake in Janus Henderson Group during the fourth quarter worth about $1,419,000. Finally, Bank of New York Mellon Corp boosted its stake in Janus Henderson Group by 3.1% during the fourth quarter. Bank of New York Mellon Corp now owns 1,064,556 shares of the company’s stock worth $45,276,000 after acquiring an additional 32,346 shares in the last quarter. Institutional investors own 87.94% of the company’s stock.

Janus Henderson Group Trading Up 0.8%

Shares of JHG opened at $38.72 on Monday. Janus Henderson Group plc has a twelve month low of $28.26 and a twelve month high of $46.68. The company has a market cap of $6.10 billion, a P/E ratio of 15.12, a P/E/G ratio of 0.66 and a beta of 1.46. 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 company’s fifty day simple moving average is $34.53 and its 200-day simple moving average is $40.14.

Janus Henderson Group (NYSE:JHG) last posted its quarterly earnings results on Thursday, May 1st. The company reported $0.79 EPS for the quarter, topping the consensus estimate of $0.72 by $0.07. The company had revenue of $621.40 million for the quarter, compared to the consensus estimate of $623.56 million. Janus Henderson Group had a net margin of 16.38% and a return on equity of 12.18%. The firm’s revenue was up 12.6% compared to the same quarter last year. During the same quarter last year, the firm posted $0.71 EPS. As a group, analysts expect that Janus Henderson Group plc will post 3.75 EPS for the current year.

Janus Henderson Group Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, May 29th. Shareholders of record on Monday, May 12th will be issued a dividend of $0.40 per share. This represents a $1.60 annualized dividend and a yield of 4.13%. This is a boost from Janus Henderson Group’s previous quarterly dividend of $0.39. The ex-dividend date of this dividend is Monday, May 12th. Janus Henderson Group’s dividend payout ratio is presently 63.49%.

Wall Street Analysts Forecast Growth

Several equities research analysts recently commented on JHG shares. 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 on the stock in a research note on Tuesday, April 8th. Bank of America raised shares of Janus Henderson Group from a “neutral” rating to a “buy” rating and decreased their target price for the stock from $57.00 to $43.00 in a report on Thursday, April 3rd. Cowen reaffirmed a “buy” rating on shares of Janus Henderson Group in a report on Wednesday. UBS Group raised shares of Janus Henderson Group from a “neutral” rating to a “buy” rating and lifted their target price for the stock from $45.00 to $50.00 in a report on Monday, February 24th. Finally, Evercore ISI lifted their target price 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, May 2nd. Six equities research analysts have rated the stock with a hold rating and five have given a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus price target of $42.78.

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.