Choreo LLC Reduces Stock Position in Janus Henderson Group plc (NYSE:JHG)

Choreo LLC decreased its position in Janus Henderson Group plc (NYSE:JHG) by 5.2% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 12,971 shares of the company’s stock after selling 714 shares during the quarter. Choreo LLC’s holdings in Janus Henderson Group were worth $553,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently modified their holdings of the company. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its stake in shares of Janus Henderson Group by 350.9% in the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 1,062,869 shares of the company’s stock worth $40,463,000 after purchasing an additional 827,132 shares during the last quarter. Principal Financial Group Inc. grew its position in shares of Janus Henderson Group by 28.9% in the 3rd 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 during the last quarter. National Bank of Canada FI bought a new stake in shares of Janus Henderson Group in the 3rd quarter worth approximately $8,029,000. Mutual of America Capital Management LLC increased its stake in shares of Janus Henderson Group by 210.6% during the third quarter. Mutual of America Capital Management LLC now owns 228,276 shares of the company’s stock valued at $8,690,000 after buying an additional 154,778 shares during the period. Finally, Intech Investment Management LLC bought a new position in shares of Janus Henderson Group during the third quarter valued at approximately $3,971,000. 87.94% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

Several analysts recently weighed in on the stock. Morgan Stanley lifted their price target on shares of Janus Henderson Group from $46.00 to $48.00 and gave the company an “equal weight” rating in a report on Friday, December 20th. UBS Group lifted their target price on shares of Janus Henderson Group from $42.00 to $45.00 and gave the company a “neutral” rating in a research note on Monday, February 3rd. TD Cowen increased their price target on shares of Janus Henderson Group from $46.00 to $50.00 and gave the stock a “buy” rating in a research note on Friday, November 1st. JPMorgan Chase & Co. raised Janus Henderson Group from a “neutral” rating to an “overweight” rating and lifted their price objective for the company from $44.00 to $53.00 in a research report on Wednesday, February 5th. Finally, The Goldman Sachs Group raised Janus Henderson Group from a “sell” rating to a “neutral” rating and increased their target price for the stock from $42.00 to $45.00 in a research report on Monday, January 6th. Seven analysts have rated the stock with a hold rating and two have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and an average target price of $46.75.

Janus Henderson Group Price Performance

Shares of NYSE JHG opened at $43.84 on Wednesday. The company has a 50 day simple moving average of $43.32 and a two-hundred day simple moving average of $40.64. Janus Henderson Group plc has a fifty-two week low of $29.64 and a fifty-two week high of $46.68. The company has a market capitalization of $6.97 billion, a price-to-earnings ratio of 17.13, a P/E/G ratio of 0.71 and a beta of 1.50. The company has a debt-to-equity ratio of 0.08, a quick ratio of 2.08 and a current ratio of 3.08.

Janus Henderson Group (NYSE:JHG) last posted its quarterly earnings data on Friday, January 31st. The company reported $1.07 earnings per share for the quarter, beating 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 quarter last year, the firm posted $0.82 earnings per share. Analysts expect that Janus Henderson Group plc will post 3.74 EPS for the current fiscal year.

Janus Henderson Group Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, February 27th. Stockholders of record on Tuesday, February 11th will be given a $0.39 dividend. This represents a $1.56 annualized dividend and a dividend yield of 3.56%. The ex-dividend date is Tuesday, February 11th. Janus Henderson Group’s dividend payout ratio is presently 60.94%.

Janus Henderson Group Company 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.