Corebridge Financial Inc. Has $6.12 Million Holdings in Janus Henderson Group plc (NYSE:JHG)

Corebridge Financial Inc. decreased its holdings in shares of Janus Henderson Group plc (NYSE:JHG) by 4.5% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 143,928 shares of the company’s stock after selling 6,755 shares during the quarter. Corebridge Financial Inc. owned 0.09% of Janus Henderson Group worth $6,121,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. KBC Group NV increased its holdings in shares of Janus Henderson Group by 63.6% during the fourth quarter. KBC Group NV now owns 4,546 shares of the company’s stock worth $193,000 after buying an additional 1,768 shares in the last quarter. Mirae Asset Global Investments Co. Ltd. grew its position in Janus Henderson Group by 17.8% during the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 92,218 shares of the company’s stock worth $3,977,000 after acquiring an additional 13,942 shares during the last quarter. Merit Financial Group LLC acquired a new position in Janus Henderson Group in the 4th quarter worth about $413,000. Delphi Management Inc. MA bought a new position in Janus Henderson Group in the fourth quarter valued at about $1,419,000. Finally, Nordea Investment Management AB raised its position in Janus Henderson Group by 6.9% in the fourth quarter. Nordea Investment Management AB now owns 233,601 shares of the company’s stock valued at $9,979,000 after purchasing an additional 14,996 shares during the last quarter. Institutional investors own 87.94% of the company’s stock.

Janus Henderson Group Stock Performance

Shares of JHG opened at $35.97 on Friday. The company has a current ratio of 3.08, a quick ratio of 2.08 and a debt-to-equity ratio of 0.08. The firm’s fifty day simple moving average is $41.20 and its two-hundred day simple moving average is $41.51. Janus Henderson Group plc has a 12 month low of $30.35 and a 12 month high of $46.68. The stock has a market capitalization of $5.67 billion, a P/E ratio of 14.05, a price-to-earnings-growth ratio of 0.66 and a beta of 1.49.

Janus Henderson Group (NYSE:JHG) last announced 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 business posted $0.82 EPS. As a group, analysts predict that Janus Henderson Group plc will post 3.75 EPS for the current year.

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 paid a $0.39 dividend. The ex-dividend date was Tuesday, February 11th. This represents a $1.56 annualized dividend and a dividend yield of 4.34%. Janus Henderson Group’s dividend payout ratio is currently 60.94%.

Analyst Upgrades and Downgrades

Several research analysts have recently issued reports on the company. UBS Group raised Janus Henderson Group from a “neutral” rating to a “buy” rating and upped their price objective for the company from $45.00 to $50.00 in a research note on Monday, February 24th. StockNews.com cut shares of Janus Henderson Group from a “buy” rating to a “hold” rating in a research report on Tuesday, March 25th. Wells Fargo & Company lifted their price target on shares of Janus Henderson Group from $43.00 to $46.00 and gave the stock an “equal weight” rating in a report on Monday, February 3rd. The Goldman Sachs Group raised shares of Janus Henderson Group from a “sell” rating to a “neutral” rating and boosted their price objective for the stock from $42.00 to $45.00 in a research note on Monday, January 6th. Finally, Morgan Stanley raised their target price on Janus Henderson Group from $46.00 to $48.00 and gave the stock an “equal weight” rating in a research report on Friday, December 20th. Six investment analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. According to MarketBeat, the company has a consensus rating of “Hold” and a consensus target price 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.