Congress Wealth Management LLC DE Sells 5,261 Shares of Janus Henderson Group plc (NYSE:JHG)

Congress Wealth Management LLC DE decreased its position in Janus Henderson Group plc (NYSE:JHG) by 50.0% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 5,261 shares of the company’s stock after selling 5,261 shares during the quarter. Congress Wealth Management LLC DE’s holdings in Janus Henderson Group were worth $224,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also modified their holdings of JHG. Vanguard Group Inc. raised its holdings in Janus Henderson Group by 1.5% in the 4th quarter. Vanguard Group Inc. now owns 14,148,813 shares of the company’s stock worth $601,749,000 after acquiring an additional 203,330 shares during the period. Charles Schwab Investment Management Inc. increased its stake in shares of Janus Henderson Group by 3.3% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 4,593,441 shares of the company’s stock worth $195,359,000 after purchasing an additional 147,362 shares during the period. Geode Capital Management LLC lifted its position in shares of Janus Henderson Group by 0.6% during the 3rd quarter. Geode Capital Management LLC now owns 2,124,618 shares of the company’s stock worth $80,907,000 after purchasing an additional 12,884 shares during the last quarter. Principal Financial Group Inc. boosted its stake in Janus Henderson Group by 28.9% during the 3rd quarter. Principal Financial Group Inc. now owns 2,081,630 shares of the company’s stock valued at $79,248,000 after purchasing an additional 467,049 shares during the period. Finally, Allianz Asset Management GmbH grew its holdings in Janus Henderson Group by 32.5% in the 4th quarter. Allianz Asset Management GmbH now owns 1,927,318 shares of the company’s stock valued at $81,969,000 after buying an additional 473,143 shares during the last quarter. 87.94% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of research analysts have recently commented on JHG shares. StockNews.com lowered Janus Henderson Group from a “buy” rating to a “hold” rating in a report on Tuesday, March 25th. UBS Group raised shares of Janus Henderson Group from a “neutral” rating to a “buy” rating and increased their price target for the company from $45.00 to $50.00 in a report on Monday, February 24th. Morgan Stanley boosted their price objective on shares of Janus Henderson Group from $46.00 to $48.00 and gave the stock an “equal weight” rating in a report on Friday, December 20th. JPMorgan Chase & Co. upgraded shares of Janus Henderson Group from a “neutral” rating to an “overweight” rating and increased their target price for the company from $44.00 to $53.00 in a research note on Wednesday, February 5th. Finally, Wells Fargo & Company lifted their target price on 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. Six analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. According to data from MarketBeat, Janus Henderson Group has an average rating of “Hold” and an average price target of $47.38.

Janus Henderson Group Stock Performance

NYSE:JHG opened at $35.97 on Friday. The firm has a market capitalization of $5.67 billion, a PE ratio of 14.05, a price-to-earnings-growth ratio of 0.66 and a beta of 1.49. The company has a quick ratio of 2.08, a current ratio of 3.08 and a debt-to-equity ratio of 0.08. Janus Henderson Group plc has a 12-month low of $30.35 and a 12-month high of $46.68. The firm has a 50-day moving average price of $41.20 and a 200 day moving average price of $41.51.

Janus Henderson Group (NYSE:JHG) last issued its earnings results on Friday, January 31st. The company reported $1.07 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates 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 period in the previous year, the firm posted $0.82 earnings per share. Research analysts anticipate that Janus Henderson Group plc will post 3.75 earnings per share for the current fiscal year.

Janus Henderson Group Announces Dividend

The company also recently announced 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 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.