Janus Henderson Group plc (NYSE:JHG) Shares Bought by JPMorgan Chase & Co.

JPMorgan Chase & Co. lifted its stake in shares of Janus Henderson Group plc (NYSE:JHG) by 8.3% in the third quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 578,890 shares of the company’s stock after buying an additional 44,378 shares during the quarter. JPMorgan Chase & Co. owned approximately 0.36% of Janus Henderson Group worth $22,038,000 at the end of the most recent reporting period.

A number of other large investors have also recently made changes to their positions in JHG. Commonwealth Equity Services LLC raised its holdings in Janus Henderson Group by 79.8% during the second quarter. Commonwealth Equity Services LLC now owns 13,182 shares of the company’s stock worth $444,000 after purchasing an additional 5,850 shares in the last quarter. Natixis Advisors LLC boosted its stake in Janus Henderson Group by 9.4% in the second quarter. Natixis Advisors LLC now owns 13,814 shares of the company’s stock valued at $466,000 after acquiring an additional 1,190 shares in the last quarter. Savant Capital LLC grew its holdings in shares of Janus Henderson Group by 47.5% during the second quarter. Savant Capital LLC now owns 14,462 shares of the company’s stock worth $488,000 after purchasing an additional 4,654 shares during the last quarter. Acadian Asset Management LLC increased its position in shares of Janus Henderson Group by 94.5% during the second quarter. Acadian Asset Management LLC now owns 2,904 shares of the company’s stock worth $97,000 after purchasing an additional 1,411 shares in the last quarter. Finally, Choreo LLC acquired a new stake in shares of Janus Henderson Group during the second quarter worth about $414,000. 87.94% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

JHG has been the subject of a number of research reports. Deutsche Bank Aktiengesellschaft boosted their price objective on Janus Henderson Group from $42.00 to $44.00 and gave the company a “hold” rating in a research note on Monday, November 11th. UBS Group increased their price target on shares of Janus Henderson Group from $37.00 to $41.00 and gave the stock a “neutral” rating in a research note on Tuesday, October 22nd. TD Cowen lifted their price objective on shares of Janus Henderson Group from $46.00 to $50.00 and gave the company a “buy” rating in a research note on Friday, November 1st. JPMorgan Chase & Co. decreased their target price on shares of Janus Henderson Group from $45.00 to $44.00 and set a “neutral” rating for the company in a research note on Tuesday. Finally, The Goldman Sachs Group upgraded Janus Henderson Group from a “sell” rating to a “neutral” rating and boosted their price target for the company from $42.00 to $45.00 in a research report on Monday. Eight analysts have rated the stock with a hold rating and one has issued a buy rating to the stock. According to MarketBeat.com, the stock has an average rating of “Hold” and a consensus price target of $45.00.

Janus Henderson Group Price Performance

JHG opened at $42.41 on Thursday. The company has a debt-to-equity ratio of 0.09, a quick ratio of 2.08 and a current ratio of 3.08. Janus Henderson Group plc has a 1-year low of $28.19 and a 1-year high of $45.74. The company has a 50-day moving average of $43.75 and a 200-day moving average of $39.24. The company has a market capitalization of $6.74 billion, a P/E ratio of 16.76, a PEG ratio of 0.62 and a beta of 1.50.

Janus Henderson Group (NYSE:JHG) last issued its earnings results on Thursday, October 31st. The company reported $0.91 earnings per share for the quarter, topping analysts’ consensus estimates of $0.80 by $0.11. The company had revenue of $624.80 million for the quarter, compared to analysts’ expectations of $600.88 million. Janus Henderson Group had a net margin of 17.33% and a return on equity of 11.49%. The firm’s revenue was up 19.9% compared to the same quarter last year. During the same period in the prior year, the company earned $0.64 earnings per share. Equities analysts expect that Janus Henderson Group plc will post 3.43 EPS for the current fiscal year.

Janus Henderson Group Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Wednesday, November 27th. Shareholders of record on Wednesday, November 27th were given a $0.39 dividend. This represents a $1.56 annualized dividend and a yield of 3.68%. The ex-dividend date of this dividend was Wednesday, November 27th. Janus Henderson Group’s dividend payout ratio (DPR) is 61.66%.

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.