Investors Research Corp lowered its stake in Janus Henderson Group plc (NYSE:JHG – Free Report) by 54.4% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 17,733 shares of the company’s stock after selling 21,174 shares during the period. Investors Research Corp’s holdings in Janus Henderson Group were worth $754,000 at the end of the most recent reporting period.
Other institutional investors have also modified their holdings of the company. Quarry LP increased its holdings in shares of Janus Henderson Group by 203.6% in the third quarter. Quarry LP now owns 759 shares of the company’s stock valued at $29,000 after purchasing an additional 509 shares during the period. Richardson Financial Services Inc. grew its holdings in Janus Henderson Group by 89.4% during the fourth quarter. Richardson Financial Services Inc. now owns 769 shares of the company’s stock worth $33,000 after acquiring an additional 363 shares during the period. UMB Bank n.a. grew its holdings in Janus Henderson Group by 56.5% during the fourth quarter. UMB Bank n.a. now owns 787 shares of the company’s stock worth $33,000 after acquiring an additional 284 shares during the period. Larson Financial Group LLC grew its holdings in Janus Henderson Group by 33.9% during the fourth quarter. Larson Financial Group LLC now owns 1,137 shares of the company’s stock worth $48,000 after acquiring an additional 288 shares during the period. Finally, Huntington National Bank grew its holdings in Janus Henderson Group by 24.5% during the third quarter. Huntington National Bank now owns 1,219 shares of the company’s stock worth $46,000 after acquiring an additional 240 shares during the period. Institutional investors and hedge funds own 87.94% of the company’s stock.
Janus Henderson Group Stock Down 2.4 %
Shares of NYSE:JHG opened at $37.25 on Monday. 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 stock’s fifty day simple moving average is $42.69 and its 200-day simple moving average is $41.48. The company has a market capitalization of $5.87 billion, a P/E ratio of 14.55, a P/E/G ratio of 0.66 and a beta of 1.49.
Janus Henderson Group Dividend Announcement
The business also recently disclosed a quarterly dividend, which was paid on Thursday, February 27th. Stockholders of record on Tuesday, February 11th were given a $0.39 dividend. The ex-dividend date was Tuesday, February 11th. This represents a $1.56 annualized dividend and a dividend yield of 4.19%. Janus Henderson Group’s dividend payout ratio is currently 60.94%.
Analyst Upgrades and Downgrades
A number of research analysts recently weighed in on the company. Deutsche Bank Aktiengesellschaft upped their price objective on Janus Henderson Group from $42.00 to $44.00 and gave the stock a “hold” rating in a report on Monday, November 11th. Morgan Stanley upped their price objective 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. JPMorgan Chase & Co. raised Janus Henderson Group from a “neutral” rating to an “overweight” rating and upped their price objective for the stock from $44.00 to $53.00 in a report on Wednesday, February 5th. Wells Fargo & Company boosted their target price on Janus Henderson Group from $43.00 to $46.00 and gave the stock an “equal weight” rating in a research report on Monday, February 3rd. Finally, UBS Group upgraded Janus Henderson Group from a “neutral” rating to a “buy” rating and boosted their target price for the stock from $45.00 to $50.00 in a research report on Monday, February 24th. Five equities research analysts have rated the stock with a hold rating and four have issued a buy rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average price target of $47.38.
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.
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