Principal Securities Inc. Grows Stock Position in Janus Henderson Group plc (NYSE:JHG)

Principal Securities Inc. lifted its stake in Janus Henderson Group plc (NYSE:JHG) by 3.0% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 20,736 shares of the company’s stock after buying an additional 609 shares during the period. Principal Securities Inc.’s holdings in Janus Henderson Group were worth $882,000 as of its most recent SEC filing.

Other large investors have also recently modified their holdings of the company. Huntington National Bank increased its holdings in Janus Henderson Group by 24.5% during the 3rd quarter. Huntington National Bank now owns 1,219 shares of the company’s stock valued at $46,000 after purchasing an additional 240 shares during the period. UMB Bank n.a. increased its holdings in Janus Henderson Group by 56.5% during the 4th quarter. UMB Bank n.a. now owns 787 shares of the company’s stock valued at $33,000 after purchasing an additional 284 shares during the period. Richardson Financial Services Inc. increased its holdings in 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 purchasing an additional 363 shares during the period. Assetmark Inc. increased its holdings in Janus Henderson Group by 9.1% during the 3rd quarter. Assetmark Inc. now owns 5,101 shares of the company’s stock valued at $194,000 after purchasing an additional 425 shares during the period. Finally, Blue Trust Inc. increased its holdings in Janus Henderson Group by 24.6% during the 3rd quarter. Blue Trust Inc. now owns 2,236 shares of the company’s stock valued at $85,000 after purchasing an additional 442 shares during the period. Hedge funds and other institutional investors own 87.94% of the company’s stock.

Janus Henderson Group Stock Performance

Janus Henderson Group stock opened at $42.56 on Friday. The company has a quick ratio of 2.08, a current ratio of 3.08 and a debt-to-equity ratio of 0.08. The company has a market capitalization of $6.77 billion, a P/E ratio of 16.62, a PEG ratio of 0.68 and a beta of 1.50. The stock’s 50 day moving average is $43.24 and its 200 day moving average is $40.96. Janus Henderson Group plc has a twelve month low of $30.35 and a twelve month high of $46.68.

Janus Henderson Group (NYSE:JHG) last posted its quarterly earnings results on Friday, January 31st. The company reported $1.07 earnings per share 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. On average, equities research analysts predict that Janus Henderson Group plc will post 3.75 earnings per share for the current fiscal year.

Janus Henderson Group Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, February 27th. Shareholders of record on Tuesday, February 11th will be paid a dividend of $0.39 per share. The ex-dividend date of this dividend is Tuesday, February 11th. This represents a $1.56 annualized dividend and a yield of 3.67%. Janus Henderson Group’s dividend payout ratio is 60.94%.

Analysts Set New Price Targets

A number of research analysts recently issued reports on the company. Evercore ISI boosted their price target on Janus Henderson Group from $40.00 to $43.00 and gave the company an “in-line” rating in a report on Thursday, November 7th. JPMorgan Chase & Co. upgraded Janus Henderson Group from a “neutral” rating to an “overweight” rating and upped their target price for the stock from $44.00 to $53.00 in a report on Wednesday, February 5th. The Goldman Sachs Group upgraded Janus Henderson Group from a “sell” rating to a “neutral” rating and upped their target price for the stock from $42.00 to $45.00 in a report on Monday, January 6th. Wells Fargo & Company upped their target price on Janus Henderson Group from $43.00 to $46.00 and gave the stock an “equal weight” rating in a report on Monday, February 3rd. Finally, Morgan Stanley upped their target price on Janus Henderson Group from $46.00 to $48.00 and gave the stock an “equal weight” rating in a report on Friday, December 20th. Seven investment analysts have rated the stock with a hold rating and two have issued a buy rating to the company. Based on data from MarketBeat.com, Janus Henderson Group presently has a consensus rating of “Hold” and an average target price of $46.75.

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.