Sage Investment Counsel LLC acquired a new position in Janus Henderson Group plc (NYSE:JHG – Free Report) during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund acquired 18,495 shares of the company’s stock, valued at approximately $787,000. Janus Henderson Group accounts for about 1.0% of Sage Investment Counsel LLC’s portfolio, making the stock its 23rd biggest position.
A number of other hedge funds and other institutional investors also recently made changes to their positions in JHG. Quarry LP lifted its stake in shares of Janus Henderson Group by 203.6% in the third quarter. Quarry LP now owns 759 shares of the company’s stock worth $29,000 after acquiring an additional 509 shares during the period. UMB Bank n.a. lifted its stake in shares of Janus Henderson Group by 56.5% in the fourth quarter. UMB Bank n.a. now owns 787 shares of the company’s stock worth $33,000 after acquiring an additional 284 shares during the period. Richardson Financial Services Inc. lifted its stake in shares of Janus Henderson Group by 89.4% in the fourth quarter. Richardson Financial Services Inc. now owns 769 shares of the company’s stock worth $33,000 after acquiring an additional 363 shares during the period. Huntington National Bank lifted its stake in shares of Janus Henderson Group by 24.5% in the third quarter. Huntington National Bank now owns 1,219 shares of the company’s stock worth $46,000 after acquiring an additional 240 shares during the period. Finally, Addison Advisors LLC lifted its stake in shares of Janus Henderson Group by 103.4% in the third quarter. Addison Advisors LLC now owns 1,263 shares of the company’s stock worth $48,000 after acquiring an additional 642 shares during the period. 87.94% of the stock is owned by institutional investors and hedge funds.
Wall Street Analysts Forecast Growth
Several equities analysts have issued reports on JHG shares. JPMorgan Chase & Co. raised Janus Henderson Group from a “neutral” rating to an “overweight” rating and boosted their price target for the company from $44.00 to $53.00 in a research note on Wednesday, February 5th. Evercore ISI boosted their price target on Janus Henderson Group from $40.00 to $43.00 and gave the company an “in-line” rating in a research note on Thursday, November 7th. Wells Fargo & Company boosted their price target on Janus Henderson Group from $43.00 to $46.00 and gave the company an “equal weight” rating in a research note on Monday, February 3rd. The Goldman Sachs Group raised Janus Henderson Group from a “sell” rating to a “neutral” rating and boosted their price target for the company from $42.00 to $45.00 in a research note on Monday, January 6th. Finally, Morgan Stanley boosted their price target on Janus Henderson Group from $46.00 to $48.00 and gave the company an “equal weight” rating in a research note on Friday, December 20th. Six equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average target price of $47.38.
Janus Henderson Group Trading Up 1.6 %
NYSE JHG opened at $42.15 on Friday. The company has a market cap of $6.70 billion, a price-to-earnings ratio of 16.46, a P/E/G ratio of 0.66 and a beta of 1.50. Janus Henderson Group plc has a 52 week low of $30.35 and a 52 week high of $46.68. The business has a 50 day moving average price of $43.09 and a 200-day moving average price of $41.30. 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 (NYSE:JHG – Get Free Report) last released its quarterly earnings data on Friday, January 31st. The company reported $1.07 EPS for the quarter, beating 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 in the prior year, the business earned $0.82 earnings per share. As a group, equities 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 company also recently disclosed a quarterly dividend, which was paid on Thursday, February 27th. Stockholders of record on Tuesday, February 11th were issued a dividend of $0.39 per share. The ex-dividend date was Tuesday, February 11th. This represents a $1.56 annualized dividend and a dividend yield of 3.70%. Janus Henderson Group’s dividend payout ratio is 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.
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