Hillsdale Investment Management Inc. Grows Stock Holdings in Janus Henderson Group plc (NYSE:JHG)

Hillsdale Investment Management Inc. increased its stake in shares of Janus Henderson Group plc (NYSE:JHG) by 6.3% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 20,100 shares of the company’s stock after buying an additional 1,200 shares during the period. Hillsdale Investment Management Inc.’s holdings in Janus Henderson Group were worth $855,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also recently added to or reduced their stakes in JHG. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its holdings in Janus Henderson Group by 350.9% during the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 1,062,869 shares of the company’s stock worth $40,463,000 after buying an additional 827,132 shares in the last quarter. Allianz Asset Management GmbH boosted its holdings in Janus Henderson Group by 32.5% during the fourth quarter. Allianz Asset Management GmbH now owns 1,927,318 shares of the company’s stock worth $81,969,000 after buying an additional 473,143 shares in the last quarter. Principal Financial Group Inc. boosted its holdings in Janus Henderson Group by 28.9% during the third quarter. Principal Financial Group Inc. now owns 2,081,630 shares of the company’s stock worth $79,248,000 after buying an additional 467,049 shares in the last quarter. Victory Capital Management Inc. boosted its holdings in Janus Henderson Group by 1,490.0% during the fourth quarter. Victory Capital Management Inc. now owns 272,961 shares of the company’s stock worth $11,609,000 after buying an additional 255,794 shares in the last quarter. Finally, National Bank of Canada FI purchased a new stake in Janus Henderson Group during the third quarter worth about $8,029,000. Hedge funds and other institutional investors own 87.94% of the company’s stock.

Janus Henderson Group Stock Performance

NYSE:JHG opened at $37.38 on Monday. The firm has a 50 day simple moving average of $41.64 and a 200-day simple moving average of $41.50. The company has a debt-to-equity ratio of 0.08, a current ratio of 3.08 and a quick ratio of 2.08. The firm has a market cap of $5.89 billion, a PE ratio of 14.60, a P/E/G ratio of 0.66 and a beta of 1.49. Janus Henderson Group plc has a 1-year low of $30.35 and a 1-year high of $46.68.

Janus Henderson Group (NYSE:JHG) last posted its quarterly earnings data on Friday, January 31st. The company reported $1.07 earnings per share for the quarter, beating 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 period last year, the firm earned $0.82 earnings per share. On average, equities analysts expect that Janus Henderson Group plc will post 3.75 EPS for the current year.

Janus Henderson Group Dividend Announcement

The business also recently declared 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 annualized dividend and a yield of 4.17%. The ex-dividend date was Tuesday, February 11th. Janus Henderson Group’s dividend payout ratio (DPR) is 60.94%.

Analyst Ratings Changes

JHG has been the subject of a number of research reports. JPMorgan Chase & Co. upgraded shares of Janus Henderson Group from a “neutral” rating to an “overweight” rating and lifted their target price for the stock from $44.00 to $53.00 in a research report on Wednesday, February 5th. The Goldman Sachs Group upgraded shares of Janus Henderson Group from a “sell” rating to a “neutral” rating and lifted their target price for the stock from $42.00 to $45.00 in a research report on Monday, January 6th. StockNews.com upgraded shares of Janus Henderson Group from a “hold” rating to a “buy” rating in a research report on Monday, March 3rd. Wells Fargo & Company lifted their target price on shares of Janus Henderson Group from $43.00 to $46.00 and gave the stock an “equal weight” rating in a research report on Monday, February 3rd. Finally, Morgan Stanley lifted their target price on shares of 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. Five investment analysts have rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, Janus Henderson Group presently has an average rating of “Hold” and a consensus price target of $47.38.

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.