Janus Henderson Group plc (NYSE:JHG) Shares Bought by Kestra Investment Management LLC

Kestra Investment Management LLC grew its stake in shares of Janus Henderson Group plc (NYSE:JHG) by 29.6% during the fourth quarter, HoldingsChannel reports. The firm owned 14,322 shares of the company’s stock after buying an additional 3,269 shares during the period. Kestra Investment Management LLC’s holdings in Janus Henderson Group were worth $609,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently modified their holdings of the company. CWM LLC lifted its stake in shares of Janus Henderson Group by 158.3% in the third quarter. CWM LLC now owns 4,484 shares of the company’s stock worth $171,000 after acquiring an additional 2,748 shares in the last quarter. Creative Planning lifted its stake in shares of Janus Henderson Group by 10.7% in the third quarter. Creative Planning now owns 31,568 shares of the company’s stock worth $1,202,000 after acquiring an additional 3,044 shares in the last quarter. Blue Trust Inc. lifted its stake in shares of Janus Henderson Group by 24.6% in the third quarter. Blue Trust Inc. now owns 2,236 shares of the company’s stock worth $85,000 after acquiring an additional 442 shares in the last quarter. Allspring Global Investments Holdings LLC lifted its stake in shares of Janus Henderson Group by 339.4% in the third quarter. Allspring Global Investments Holdings LLC now owns 3,902 shares of the company’s stock worth $149,000 after acquiring an additional 3,014 shares in the last quarter. Finally, Precision Wealth Strategies LLC lifted its stake in shares of Janus Henderson Group by 5.1% in the third quarter. Precision Wealth Strategies LLC now owns 12,143 shares of the company’s stock worth $462,000 after acquiring an additional 593 shares in the last quarter. Institutional investors and hedge funds own 87.94% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research firms recently commented on JHG. The Goldman Sachs Group upgraded Janus Henderson Group from a “sell” rating to a “neutral” rating and boosted their price target for the stock from $42.00 to $45.00 in a research note on Monday, January 6th. UBS Group boosted their price target on Janus Henderson Group from $42.00 to $45.00 and gave the stock a “neutral” rating in a research note on Monday, February 3rd. Evercore ISI upped their price objective on 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. Morgan Stanley upped their price objective on 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, Deutsche Bank Aktiengesellschaft upped their price objective on Janus Henderson Group from $42.00 to $44.00 and gave the company a “hold” rating in a research note on Monday, November 11th. Seven investment analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus target price of $46.75.

Janus Henderson Group Stock Down 0.5 %

NYSE:JHG opened at $43.87 on Wednesday. The firm has a market capitalization of $6.97 billion, a PE ratio of 17.13, a price-to-earnings-growth ratio of 0.68 and a beta of 1.50. The stock has a 50 day moving average of $43.26 and a 200-day moving average of $40.89. Janus Henderson Group plc has a 52 week low of $30.01 and a 52 week high of $46.68. The company has a current ratio of 3.08, a quick ratio of 2.08 and a debt-to-equity ratio of 0.08.

Janus Henderson Group (NYSE:JHG) last posted its earnings results on Friday, January 31st. The company reported $1.07 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 last year, the firm earned $0.82 earnings per share. Analysts predict that Janus Henderson Group plc will post 3.75 EPS for the current year.

Janus Henderson Group Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, February 27th. Stockholders of record on Tuesday, February 11th will be issued a dividend of $0.39 per share. This represents a $1.56 annualized dividend and a dividend yield of 3.56%. The ex-dividend date of this dividend is Tuesday, February 11th. Janus Henderson Group’s dividend payout ratio (DPR) is presently 60.94%.

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.