BTC Capital Management Inc. Acquires 2,423 Shares of Janus Henderson Group plc (NYSE:JHG)

BTC Capital Management Inc. raised its holdings in Janus Henderson Group plc (NYSE:JHG) by 10.8% during the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 24,824 shares of the company’s stock after acquiring an additional 2,423 shares during the quarter. BTC Capital Management Inc.’s holdings in Janus Henderson Group were worth $1,051,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors also recently added to or reduced their stakes in the company. Foster & Motley Inc. lifted its position in shares of Janus Henderson Group by 18.8% in the 4th quarter. Foster & Motley Inc. now owns 9,539 shares of the company’s stock worth $406,000 after purchasing an additional 1,510 shares during the period. Robeco Institutional Asset Management B.V. boosted its stake in Janus Henderson Group by 2.6% in the 4th quarter. Robeco Institutional Asset Management B.V. now owns 160,249 shares of the company’s stock worth $6,815,000 after purchasing an additional 4,120 shares in the last quarter. R Squared Ltd acquired a new position in Janus Henderson Group during the 4th quarter valued at approximately $250,000. Nilsine Partners LLC acquired a new stake in Janus Henderson Group during the 4th quarter worth about $1,081,000. Finally, Foundations Investment Advisors LLC acquired a new stake in shares of Janus Henderson Group during the fourth quarter worth about $219,000. Hedge funds and other institutional investors own 87.94% of the company’s stock.

Janus Henderson Group Stock Up 1.0 %

JHG stock opened at $43.69 on Friday. The company has a market cap of $6.95 billion, a price-to-earnings ratio of 17.27, a PEG ratio of 0.60 and a beta of 1.50. The firm has a 50-day moving average of $43.37 and a two-hundred day moving average of $40.11. Janus Henderson Group plc has a 12 month low of $28.52 and a 12 month high of $45.74. The company has a current ratio of 3.08, a quick ratio of 2.08 and a debt-to-equity ratio of 0.09.

Janus Henderson Group (NYSE:JHG) last announced its quarterly earnings results on Thursday, October 31st. The company reported $0.91 earnings per share for the quarter, beating the consensus estimate of $0.80 by $0.11. The firm had revenue of $624.80 million for the quarter, compared to analysts’ expectations of $600.88 million. Janus Henderson Group had a net margin of 17.33% and a return on equity of 11.49%. The company’s revenue was up 19.9% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.64 EPS. As a group, analysts forecast that Janus Henderson Group plc will post 3.42 earnings per share for the current fiscal year.

Janus Henderson Group Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, February 27th. Investors of record on Tuesday, February 11th will be issued a $0.39 dividend. This represents a $1.56 annualized dividend and a yield of 3.57%. Janus Henderson Group’s dividend payout ratio (DPR) is currently 61.66%.

Wall Street Analysts Forecast Growth

Several equities research analysts have weighed in on the company. Deutsche Bank Aktiengesellschaft increased their price target on Janus Henderson Group from $42.00 to $44.00 and gave the stock a “hold” rating in a research report on Monday, November 11th. TD Cowen lifted their price target on Janus Henderson Group from $46.00 to $50.00 and gave the company a “buy” rating in a research report on Friday, November 1st. Morgan Stanley boosted their price target on Janus Henderson Group from $46.00 to $48.00 and gave the company an “equal weight” rating in a report on Friday, December 20th. JPMorgan Chase & Co. dropped their price objective on shares of Janus Henderson Group from $45.00 to $44.00 and set a “neutral” rating on the stock in a research note on Tuesday, January 7th. Finally, Evercore ISI boosted their target price on shares of Janus Henderson Group from $40.00 to $43.00 and gave the company an “in-line” rating in a research note on Thursday, November 7th. Eight research analysts have rated the stock with a hold rating and one has assigned a buy rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Hold” and an average target price of $44.75.

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.