Janus Henderson Group plc (NYSE:JHG) Shares Bought by Franklin Resources Inc.

Franklin Resources Inc. grew its position in Janus Henderson Group plc (NYSE:JHG) by 38.5% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 662,527 shares of the company’s stock after acquiring an additional 184,278 shares during the quarter. Franklin Resources Inc. owned about 0.42% of Janus Henderson Group worth $28,177,000 at the end of the most recent reporting period.

A number of other hedge funds have also modified their holdings of the business. Wellington Management Group LLP boosted its stake in Janus Henderson Group by 55.0% during the 4th quarter. Wellington Management Group LLP now owns 115,387 shares of the company’s stock worth $4,907,000 after purchasing an additional 40,951 shares during the period. O Shaughnessy Asset Management LLC boosted its stake in shares of Janus Henderson Group by 15.4% during the fourth quarter. O Shaughnessy Asset Management LLC now owns 31,619 shares of the company’s stock worth $1,345,000 after buying an additional 4,222 shares during the period. Orion Portfolio Solutions LLC grew its holdings in shares of Janus Henderson Group by 45.8% during the fourth quarter. Orion Portfolio Solutions LLC now owns 13,363 shares of the company’s stock worth $568,000 after buying an additional 4,200 shares during the last quarter. Pictet Asset Management Holding SA increased its position in Janus Henderson Group by 13.0% in the 4th quarter. Pictet Asset Management Holding SA now owns 19,182 shares of the company’s stock valued at $816,000 after acquiring an additional 2,204 shares during the period. Finally, Norges Bank acquired a new stake in Janus Henderson Group during the 4th quarter worth approximately $83,525,000. 87.94% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of research analysts have recently issued reports on the company. JPMorgan Chase & Co. raised Janus Henderson Group from a “neutral” rating to an “overweight” rating and boosted their target price for the company from $44.00 to $53.00 in a report on Wednesday, February 5th. The Goldman Sachs Group cut their price objective on shares of Janus Henderson Group from $47.00 to $41.00 and set a “neutral” rating for the company in a research report on Thursday. Morgan Stanley lifted 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 report on Friday, December 20th. Wells Fargo & Company increased 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. Finally, Bank of America raised Janus Henderson Group from a “neutral” rating to a “buy” rating and lowered their price objective for the company from $57.00 to $43.00 in a report on Thursday. Six equities research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Hold” and a consensus price target of $46.44.

Janus Henderson Group Stock Performance

NYSE:JHG opened at $30.18 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 company has a market capitalization of $4.75 billion, a P/E ratio of 11.79, a price-to-earnings-growth ratio of 0.66 and a beta of 1.43. The firm has a 50-day moving average price of $40.32 and a two-hundred day moving average price of $41.44. Janus Henderson Group plc has a twelve month low of $29.63 and a twelve month high of $46.68.

Janus Henderson Group (NYSE:JHG) last issued its quarterly earnings data 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 previous year, the business posted $0.82 earnings per share. As a group, research analysts expect that Janus Henderson Group plc will post 3.75 earnings per share for the current fiscal year.

Janus Henderson Group Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, February 27th. Investors of record on Tuesday, February 11th were given a dividend of $0.39 per share. This represents a $1.56 dividend on an annualized basis and a yield of 5.17%. The ex-dividend date was Tuesday, February 11th. Janus Henderson Group’s dividend payout ratio is presently 60.94%.

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.