Corient Private Wealth LLC Grows Stock Holdings in Janus Henderson Group plc (NYSE:JHG)

Corient Private Wealth LLC raised its position in shares of Janus Henderson Group plc (NYSE:JHG) by 11.0% in the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund owned 87,536 shares of the company’s stock after buying an additional 8,640 shares during the quarter. Corient Private Wealth LLC owned about 0.06% of Janus Henderson Group worth $3,722,000 at the end of the most recent reporting period.

Several other hedge funds have also modified their holdings of the company. Envestnet Portfolio Solutions Inc. purchased a new stake in shares of Janus Henderson Group during the fourth quarter valued at about $280,000. Natixis Advisors LLC lifted its position in shares of Janus Henderson Group by 16.2% during the fourth quarter. Natixis Advisors LLC now owns 15,448 shares of the company’s stock valued at $657,000 after buying an additional 2,148 shares during the last quarter. Picton Mahoney Asset Management lifted its position in shares of Janus Henderson Group by 33.8% during the fourth quarter. Picton Mahoney Asset Management now owns 12,973 shares of the company’s stock valued at $551,000 after buying an additional 3,277 shares during the last quarter. Avantax Advisory Services Inc. lifted its position in shares of Janus Henderson Group by 4.4% during the fourth quarter. Avantax Advisory Services Inc. now owns 6,356 shares of the company’s stock valued at $270,000 after buying an additional 270 shares during the last quarter. Finally, EverSource Wealth Advisors LLC lifted its position in shares of Janus Henderson Group by 48.7% during the fourth quarter. EverSource Wealth Advisors LLC now owns 1,872 shares of the company’s stock valued at $80,000 after buying an additional 613 shares during the last quarter. 87.94% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several research firms have recently issued reports on JHG. UBS Group upgraded shares of 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 report on Monday, February 24th. Morgan Stanley upped their price objective 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. The Goldman Sachs Group upgraded shares of Janus Henderson Group from a “sell” rating to a “neutral” rating and upped their price objective for the company from $42.00 to $45.00 in a report on Monday, January 6th. StockNews.com upgraded shares of Janus Henderson Group from a “hold” rating to a “buy” rating in a report on Monday, March 3rd. Finally, JPMorgan Chase & Co. upgraded shares of Janus Henderson Group from a “neutral” rating to an “overweight” rating and upped their price objective for the company from $44.00 to $53.00 in a report on Wednesday, February 5th. Five research analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold” and an average target price of $47.38.

Janus Henderson Group Price Performance

Shares of NYSE:JHG opened at $37.38 on Friday. Janus Henderson Group plc has a twelve month low of $30.35 and a twelve month high of $46.68. The company’s 50 day moving average is $41.64 and its 200 day moving average is $41.47. 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 cap of $5.89 billion, a PE ratio of 14.60, a price-to-earnings-growth ratio of 0.66 and a beta of 1.49.

Janus Henderson Group (NYSE:JHG) last issued its quarterly earnings results on Friday, January 31st. The company reported $1.07 earnings per share for the quarter, topping the consensus estimate 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 period in the prior year, the firm posted $0.82 EPS. On average, sell-side analysts forecast that Janus Henderson Group plc will post 3.75 EPS for the current year.

Janus Henderson Group Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Thursday, February 27th. Stockholders of record on Tuesday, February 11th were paid a dividend of $0.39 per share. The ex-dividend date was Tuesday, February 11th. This represents a $1.56 dividend on an annualized basis and a dividend yield of 4.17%. Janus Henderson Group’s payout ratio is 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.