Deutsche Bank AG Grows Stock Holdings in Janus Henderson Group plc (NYSE:JHG)

Deutsche Bank AG grew its holdings in Janus Henderson Group plc (NYSE:JHG) by 886.2% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 142,145 shares of the company’s stock after acquiring an additional 127,731 shares during the period. Deutsche Bank AG’s holdings in Janus Henderson Group were worth $6,045,000 as of its most recent SEC filing.

Other hedge funds have also made changes to their positions in the company. KBC Group NV boosted its position in Janus Henderson Group by 63.6% during the 4th quarter. KBC Group NV now owns 4,546 shares of the company’s stock worth $193,000 after purchasing an additional 1,768 shares during the period. Mirae Asset Global Investments Co. Ltd. lifted its stake in shares of 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 purchasing an additional 13,942 shares in the last quarter. Merit Financial Group LLC acquired a new position in shares of Janus Henderson Group during the fourth quarter worth about $413,000. Delphi Management Inc. MA purchased a new stake in shares of Janus Henderson Group in the fourth quarter worth about $1,419,000. Finally, Bank of New York Mellon Corp grew its stake in shares of Janus Henderson Group by 3.1% in the fourth quarter. Bank of New York Mellon Corp now owns 1,064,556 shares of the company’s stock valued at $45,276,000 after buying an additional 32,346 shares in the last quarter. Hedge funds and other institutional investors own 87.94% of the company’s stock.

Janus Henderson Group Trading Up 0.8%

JHG opened at $38.72 on Monday. Janus Henderson Group plc has a 12-month low of $28.26 and a 12-month high of $46.68. The company has a debt-to-equity ratio of 0.08, a current ratio of 3.08 and a quick ratio of 2.08. The stock has a market capitalization of $6.10 billion, a PE ratio of 15.12, a P/E/G ratio of 0.66 and a beta of 1.46. The firm’s fifty day moving average price is $34.53 and its 200 day moving average price is $40.14.

Janus Henderson Group (NYSE:JHG) last issued its earnings results on Thursday, May 1st. The company reported $0.79 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.72 by $0.07. Janus Henderson Group had a net margin of 16.38% and a return on equity of 12.18%. The business had revenue of $621.40 million for the quarter, compared to analyst estimates of $623.56 million. During the same quarter in the prior year, the business posted $0.71 EPS. The company’s revenue for the quarter was up 12.6% on a year-over-year basis. As a group, research analysts expect that Janus Henderson Group plc will post 3.75 EPS for the current fiscal 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 paid a dividend of $0.40 per share. The ex-dividend date of this dividend is Monday, May 12th. 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. Janus Henderson Group’s dividend payout ratio is presently 63.49%.

Analysts Set New Price Targets

Several equities analysts recently commented on JHG shares. Evercore ISI boosted their price target on Janus Henderson Group from $33.00 to $35.00 and gave the stock an “in-line” rating in a research report on Friday, May 2nd. UBS Group raised shares of Janus Henderson Group from a “neutral” rating to a “buy” rating and boosted their target price for the stock from $45.00 to $50.00 in a research report on Monday, February 24th. Morgan Stanley upped their target price on shares of Janus Henderson Group from $32.00 to $33.00 and gave the company an “equal weight” rating in a research note on Tuesday, May 6th. StockNews.com downgraded shares of Janus Henderson Group from a “buy” rating to a “hold” rating in a research note on Tuesday, March 25th. Finally, Wells Fargo & Company cut 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 report on Tuesday, April 8th. Six analysts have rated the stock with a hold rating and five have assigned a buy rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus price target of $42.78.

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.