Thrivent Financial for Lutherans Lowers Position in Janus Henderson Group plc (NYSE:JHG)

Thrivent Financial for Lutherans cut its holdings in shares of Janus Henderson Group plc (NYSE:JHG) by 20.8% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 196,113 shares of the company’s stock after selling 51,533 shares during the quarter. Thrivent Financial for Lutherans owned about 0.12% of Janus Henderson Group worth $8,341,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the company. Delphi Management Inc. MA purchased a new position in Janus Henderson Group during the 4th quarter valued at about $1,419,000. Corient Private Wealth LLC boosted its holdings in Janus Henderson Group by 11.0% during the 4th quarter. Corient Private Wealth LLC now owns 87,536 shares of the company’s stock valued at $3,722,000 after acquiring an additional 8,640 shares during the period. Envestnet Portfolio Solutions Inc. purchased a new position in Janus Henderson Group during the 4th quarter valued at about $280,000. Natixis Advisors LLC boosted its holdings in Janus Henderson Group by 16.2% during the 4th quarter. Natixis Advisors LLC now owns 15,448 shares of the company’s stock valued at $657,000 after acquiring an additional 2,148 shares during the period. Finally, Picton Mahoney Asset Management boosted its holdings in Janus Henderson Group by 33.8% during the 4th quarter. Picton Mahoney Asset Management now owns 12,973 shares of the company’s stock valued at $551,000 after acquiring an additional 3,277 shares during the period. 87.94% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of equities analysts recently commented on JHG shares. Morgan Stanley raised their target price 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. The Goldman Sachs Group upgraded Janus Henderson Group from a “sell” rating to a “neutral” rating and raised their target price for the company from $42.00 to $45.00 in a report on Monday, January 6th. StockNews.com upgraded Janus Henderson Group from a “hold” rating to a “buy” rating in a research note on Monday, March 3rd. JPMorgan Chase & Co. upgraded Janus Henderson Group from a “neutral” rating to an “overweight” rating and lifted their price objective for the company from $44.00 to $53.00 in a research note on Wednesday, February 5th. Finally, UBS Group upgraded Janus Henderson Group from a “neutral” rating to a “buy” rating and lifted their price objective for the company from $45.00 to $50.00 in a research note on Monday, February 24th. Five analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus price target of $47.38.

Janus Henderson Group Price Performance

Shares of NYSE JHG opened at $37.38 on Friday. The company has a debt-to-equity ratio of 0.08, a quick ratio of 2.08 and a current ratio of 3.08. Janus Henderson Group plc has a fifty-two week low of $30.35 and a fifty-two week high of $46.68. The firm has a market capitalization 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. The stock’s 50-day simple moving average is $41.64 and its 200-day simple moving average is $41.47.

Janus Henderson Group (NYSE:JHG) last issued its 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 return on equity of 12.18% and a net margin of 16.38%. During the same quarter last year, the firm posted $0.82 EPS. As a group, equities research analysts forecast that Janus Henderson Group plc will post 3.75 EPS for the current fiscal year.

Janus Henderson Group Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, February 27th. Stockholders of record on Tuesday, February 11th were given a dividend of $0.39 per share. This represents a $1.56 annualized dividend and a dividend yield of 4.17%. The ex-dividend date was Tuesday, February 11th. Janus Henderson Group’s dividend payout ratio (DPR) is presently 60.94%.

Janus Henderson Group Company 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.