Janus Henderson Group plc (NYSE:JHG) Stock Holdings Lessened by HighTower Advisors LLC

HighTower Advisors LLC cut its stake in shares of Janus Henderson Group plc (NYSE:JHG) by 45.4% during the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor owned 8,640 shares of the company’s stock after selling 7,196 shares during the period. HighTower Advisors LLC’s holdings in Janus Henderson Group were worth $367,000 at the end of the most recent reporting period.

Other large investors have also recently added to or reduced their stakes in the company. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its holdings in shares of Janus Henderson Group by 350.9% during the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 1,062,869 shares of the company’s stock valued at $40,463,000 after buying an additional 827,132 shares during the last quarter. Allianz Asset Management GmbH lifted its stake in Janus Henderson Group by 32.5% in the fourth quarter. Allianz Asset Management GmbH now owns 1,927,318 shares of the company’s stock valued at $81,969,000 after acquiring an additional 473,143 shares during the last quarter. Principal Financial Group Inc. grew its position in Janus Henderson Group by 28.9% in the third quarter. Principal Financial Group Inc. now owns 2,081,630 shares of the company’s stock worth $79,248,000 after acquiring an additional 467,049 shares in the last quarter. Victory Capital Management Inc. increased its stake in shares of Janus Henderson Group by 1,490.0% during the 4th quarter. Victory Capital Management Inc. now owns 272,961 shares of the company’s stock worth $11,609,000 after purchasing an additional 255,794 shares during the last quarter. Finally, National Bank of Canada FI bought a new position in shares of Janus Henderson Group during the 3rd quarter valued at $8,029,000. Institutional investors and hedge funds own 87.94% of the company’s stock.

Janus Henderson Group Trading Up 0.5 %

JHG stock opened at $36.17 on Tuesday. The business has a fifty day moving average of $41.07 and a 200-day moving average of $41.55. The company has a market cap of $5.70 billion, a P/E ratio of 14.13, a PEG ratio of 0.66 and a beta of 1.49. Janus Henderson Group plc has a twelve month low of $30.35 and a twelve month high of $46.68. 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 (NYSE:JHG) last posted its quarterly earnings results on Friday, January 31st. The company reported $1.07 earnings per share for the quarter, topping analysts’ consensus estimates of $0.94 by $0.13. Janus Henderson Group had a net margin of 16.38% and a return on equity of 12.18%. During the same quarter in the prior year, the business earned $0.82 earnings per share. As a group, equities research analysts expect that Janus Henderson Group plc will post 3.75 EPS for the current year.

Janus Henderson Group Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Thursday, February 27th. Investors of record on Tuesday, February 11th were given a $0.39 dividend. The ex-dividend date of this dividend was Tuesday, February 11th. This represents a $1.56 dividend on an annualized basis and a dividend yield of 4.31%. Janus Henderson Group’s dividend payout ratio is 60.94%.

Analyst Upgrades and Downgrades

JHG has been the topic of a number of recent analyst reports. UBS Group raised shares of Janus Henderson Group from a “neutral” rating to a “buy” rating and lifted their price target for the company from $45.00 to $50.00 in a research report on Monday, February 24th. StockNews.com downgraded shares of Janus Henderson Group from a “buy” rating to a “hold” rating in a report on Tuesday, March 25th. JPMorgan Chase & Co. upgraded shares of Janus Henderson Group from a “neutral” rating to an “overweight” rating and boosted their price objective for the stock from $44.00 to $53.00 in a report on Wednesday, February 5th. Morgan Stanley increased their target price on shares of Janus Henderson Group from $46.00 to $48.00 and gave the company an “equal weight” rating in a research note on Friday, December 20th. 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 note on Monday, January 6th. Six analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. Based on data from MarketBeat.com, Janus Henderson Group presently has a consensus rating of “Hold” and an average price target of $47.38.

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.