State of Alaska Department of Revenue Decreases Stock Position in Janus Henderson Group plc (NYSE:JHG)

State of Alaska Department of Revenue lessened its stake in Janus Henderson Group plc (NYSE:JHG) by 2.0% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 14,504 shares of the company’s stock after selling 295 shares during the quarter. State of Alaska Department of Revenue’s holdings in Janus Henderson Group were worth $616,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the stock. Confluence Wealth Services Inc. boosted its holdings in Janus Henderson Group by 7.3% in the 4th quarter. Confluence Wealth Services Inc. now owns 33,971 shares of the company’s stock worth $1,479,000 after acquiring an additional 2,317 shares during the period. Mirae Asset Global Investments Co. Ltd. boosted its stake in shares of Janus Henderson Group by 17.8% during the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 92,218 shares of the company’s stock valued at $3,977,000 after buying an additional 13,942 shares during the last quarter. Richardson Financial Services Inc. boosted its stake in shares of Janus Henderson Group by 89.4% during the 4th quarter. Richardson Financial Services Inc. now owns 769 shares of the company’s stock valued at $33,000 after buying an additional 363 shares during the last quarter. Sylvest Advisors LLC purchased a new position in shares of Janus Henderson Group during the 4th quarter valued at approximately $464,000. Finally, Precision Wealth Strategies LLC boosted its stake in shares of Janus Henderson Group by 14.0% during the 4th quarter. Precision Wealth Strategies LLC now owns 13,847 shares of the company’s stock valued at $589,000 after buying an additional 1,704 shares during the last quarter. Hedge funds and other institutional investors own 87.94% of the company’s stock.

Analysts Set New Price Targets

Several research firms have recently commented on JHG. Deutsche Bank Aktiengesellschaft increased their target price 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. The Goldman Sachs Group upgraded Janus Henderson Group from a “sell” rating to a “neutral” rating and increased their target price for the company from $42.00 to $45.00 in a research note on Monday, January 6th. JPMorgan Chase & Co. raised Janus Henderson Group from a “neutral” rating to an “overweight” rating and upped their price target for the company from $44.00 to $53.00 in a research report on Wednesday, February 5th. Wells Fargo & Company upped their price target on Janus Henderson Group from $43.00 to $46.00 and gave the company an “equal weight” rating in a research report on Monday, February 3rd. Finally, UBS Group upped their price target on Janus Henderson Group from $42.00 to $45.00 and gave the company a “neutral” rating in a research report on Monday, February 3rd. Seven investment analysts have rated the stock with a hold rating and two have given a buy rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Hold” and a consensus target price of $46.75.

Janus Henderson Group Stock Up 0.8 %

JHG opened at $44.09 on Friday. The business has a 50 day moving average price of $43.26 and a 200 day moving average price of $40.73. Janus Henderson Group plc has a twelve month low of $30.01 and a twelve month high of $46.68. The company has a debt-to-equity ratio of 0.08, a quick ratio of 2.08 and a current ratio of 3.08. The firm has a market cap of $7.01 billion, a P/E ratio of 17.22, a price-to-earnings-growth ratio of 0.71 and a beta of 1.50.

Janus Henderson Group (NYSE:JHG) last issued its quarterly earnings results on Friday, January 31st. The company reported $1.07 EPS for the quarter, topping the consensus estimate 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 period in the prior year, the company posted $0.82 EPS. Research analysts forecast that Janus Henderson Group plc will post 3.74 EPS for the current year.

Janus Henderson Group Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, February 27th. Stockholders of record on Tuesday, February 11th will be given a dividend of $0.39 per share. This represents a $1.56 dividend on an annualized basis and a dividend yield of 3.54%. The ex-dividend date is Tuesday, February 11th. Janus Henderson Group’s dividend payout ratio is presently 60.94%.

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.