Truist Financial Corp Grows Position in Janus Henderson Group plc (NYSE:JHG)

Truist Financial Corp lifted its holdings in shares of Janus Henderson Group plc (NYSE:JHG) by 110.2% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 5,426 shares of the company’s stock after buying an additional 2,845 shares during the period. Truist Financial Corp’s holdings in Janus Henderson Group were worth $231,000 at the end of the most recent reporting period.

Several other institutional investors also recently modified their holdings of JHG. Quarry LP boosted its position in shares of Janus Henderson Group by 203.6% during the third quarter. Quarry LP now owns 759 shares of the company’s stock valued at $29,000 after buying an additional 509 shares during the last quarter. UMB Bank n.a. lifted its holdings in Janus Henderson Group by 56.5% in the fourth quarter. UMB Bank n.a. now owns 787 shares of the company’s stock valued at $33,000 after acquiring an additional 284 shares during the period. Richardson Financial Services Inc. lifted its holdings in Janus Henderson Group by 89.4% in the fourth quarter. Richardson Financial Services Inc. now owns 769 shares of the company’s stock valued at $33,000 after acquiring an additional 363 shares during the period. Huntington National Bank lifted its holdings in Janus Henderson Group by 24.5% in the third quarter. Huntington National Bank now owns 1,219 shares of the company’s stock valued at $46,000 after acquiring an additional 240 shares during the period. Finally, Addison Advisors LLC lifted its holdings in Janus Henderson Group by 103.4% in the third quarter. Addison Advisors LLC now owns 1,263 shares of the company’s stock valued at $48,000 after acquiring an additional 642 shares during the period. 87.94% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of research analysts have weighed in on the company. StockNews.com raised Janus Henderson Group from a “hold” rating to a “buy” rating in a report on Monday. Wells Fargo & Company increased their target price on Janus Henderson Group from $43.00 to $46.00 and gave the company an “equal weight” rating in a report on Monday, February 3rd. The Goldman Sachs Group raised 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 report on Monday, January 6th. 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 report on Monday, November 11th. Finally, Evercore ISI raised their price objective on Janus Henderson Group from $40.00 to $43.00 and gave the stock an “in-line” rating in a research note on Thursday, November 7th. Five equities research analysts have rated the stock with a hold rating and four have given a buy rating to the stock. According to MarketBeat, Janus Henderson Group currently has an average rating of “Hold” and an average target price of $47.38.

Janus Henderson Group Stock Down 5.1 %

NYSE JHG opened at $38.12 on Friday. The stock’s 50-day moving average price is $42.81 and its 200-day moving average price is $41.41. The company has a quick ratio of 2.08, a current ratio of 3.08 and a debt-to-equity ratio of 0.08. Janus Henderson Group plc has a 52 week low of $30.35 and a 52 week high of $46.68. The company has a market capitalization of $6.06 billion, a P/E ratio of 14.89, a price-to-earnings-growth ratio of 0.66 and a beta of 1.50.

Janus Henderson Group (NYSE:JHG) last issued its earnings results on Friday, January 31st. The company reported $1.07 earnings per share (EPS) for the quarter, beating 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 quarter in the prior year, the firm 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 year.

Janus Henderson Group Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, February 27th. Investors of record on Tuesday, February 11th were paid a dividend of $0.39 per share. This represents a $1.56 annualized dividend and a yield of 4.09%. The ex-dividend date of this dividend was Tuesday, February 11th. Janus Henderson Group’s dividend payout ratio (DPR) 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.