Jupiter Asset Management Ltd. Sells 108,400 Shares of Janus Henderson Group plc (NYSE:JHG)

Jupiter Asset Management Ltd. decreased its holdings in Janus Henderson Group plc (NYSE:JHG) by 13.9% during the 4th quarter, Holdings Channel.com reports. The fund owned 670,205 shares of the company’s stock after selling 108,400 shares during the quarter. Jupiter Asset Management Ltd.’s holdings in Janus Henderson Group were worth $28,504,000 as of its most recent SEC filing.

A number of other hedge funds have also added to or reduced their stakes in the stock. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its stake in shares of Janus Henderson Group by 350.9% in 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 purchasing an additional 827,132 shares during the last quarter. Allianz Asset Management GmbH raised its position 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. Principal Financial Group Inc. lifted 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 acquiring 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 4th quarter. Victory Capital Management Inc. now owns 272,961 shares of the company’s stock worth $11,609,000 after acquiring an additional 255,794 shares during the last quarter. Finally, National Bank of Canada FI purchased a new position in Janus Henderson Group during the 3rd quarter worth $8,029,000. Institutional investors and hedge funds own 87.94% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research firms recently weighed in on JHG. StockNews.com raised 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. Morgan Stanley boosted their target price on Janus Henderson Group from $46.00 to $48.00 and gave the stock an “equal weight” rating in a research note on Friday, December 20th. JPMorgan Chase & Co. raised Janus Henderson Group from a “neutral” rating to an “overweight” rating and increased their price target for the company from $44.00 to $53.00 in a research report on Wednesday, February 5th. Finally, UBS Group raised Janus Henderson Group from a “neutral” rating to a “buy” rating and boosted their price objective for the stock from $45.00 to $50.00 in a research report on Monday, February 24th. Five investment analysts have rated the stock with a hold rating and four have given a buy rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus price target of $47.38.

Janus Henderson Group Trading Down 0.4 %

NYSE:JHG opened at $37.54 on Thursday. The firm’s 50 day moving average is $42.37 and its 200 day moving average is $41.46. Janus Henderson Group plc has a 12 month low of $30.35 and a 12 month high of $46.68. The stock has a market capitalization of $5.91 billion, a PE ratio of 14.66, a price-to-earnings-growth ratio of 0.66 and a beta of 1.49. The company has a current ratio of 3.08, a quick ratio of 2.08 and a debt-to-equity ratio of 0.08.

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, 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 period last year, the firm earned $0.82 EPS. Sell-side analysts expect that Janus Henderson Group plc will post 3.75 earnings per share for the current year.

Janus Henderson Group Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Thursday, February 27th. Shareholders of record on Tuesday, February 11th were given a dividend of $0.39 per share. The ex-dividend date of this dividend was Tuesday, February 11th. This represents a $1.56 dividend on an annualized basis and a yield of 4.16%. Janus Henderson Group’s dividend payout ratio is presently 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.