GeoWealth Management LLC Acquires 5,455 Shares of Janus Henderson Group plc (NYSE:JHG)

GeoWealth Management LLC increased its holdings in shares of Janus Henderson Group plc (NYSE:JHG) by 145.7% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 9,199 shares of the company’s stock after buying an additional 5,455 shares during the quarter. GeoWealth Management LLC’s holdings in Janus Henderson Group were worth $391,000 at the end of the most recent reporting period.

Other large investors have also bought and sold shares of the company. Barclays PLC boosted its stake in shares of Janus Henderson Group by 84.0% in the 3rd quarter. Barclays PLC now owns 96,217 shares of the company’s stock valued at $3,663,000 after purchasing an additional 43,933 shares in the last quarter. Sanctuary Advisors LLC bought a new position in Janus Henderson Group in the 3rd quarter valued at approximately $204,000. World Investment Advisors LLC acquired a new stake in Janus Henderson Group in the third quarter valued at approximately $253,000. Franklin Resources Inc. grew its stake in shares of Janus Henderson Group by 11.7% during the third quarter. Franklin Resources Inc. now owns 478,249 shares of the company’s stock worth $19,106,000 after buying an additional 50,221 shares during the last quarter. Finally, DGS Capital Management LLC grew its stake in shares of Janus Henderson Group by 5.4% during the third quarter. DGS Capital Management LLC now owns 14,032 shares of the company’s stock worth $534,000 after buying an additional 713 shares during the last quarter. 87.94% of the stock is owned by institutional investors and hedge funds.

Janus Henderson Group Price Performance

JHG stock opened at $29.57 on Tuesday. The company has a quick ratio of 2.08, a current ratio of 3.08 and a debt-to-equity ratio of 0.08. The company’s fifty day simple moving average is $36.81 and its 200 day simple moving average is $40.77. Janus Henderson Group plc has a 12-month low of $28.26 and a 12-month high of $46.68. The firm has a market cap of $4.66 billion, a price-to-earnings ratio of 11.55, a PEG ratio of 0.66 and a beta of 1.43.

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

Janus Henderson Group Dividend Announcement

The business also recently disclosed 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 of this dividend was Tuesday, February 11th. This represents a $1.56 annualized dividend and a dividend yield of 5.28%. Janus Henderson Group’s dividend payout ratio is currently 60.94%.

Analyst Upgrades and Downgrades

JHG has been the topic of several recent research reports. Wells Fargo & Company cut their price objective on Janus Henderson Group from $46.00 to $36.00 and set an “equal weight” rating on the stock in a report on Tuesday, April 8th. Bank of America upgraded Janus Henderson Group from a “neutral” rating to a “buy” rating and reduced their price target for the stock from $57.00 to $43.00 in a report on Thursday, April 3rd. JPMorgan Chase & Co. upgraded shares of Janus Henderson Group from a “neutral” rating to an “overweight” rating and raised their price objective for the company from $44.00 to $53.00 in a report on Wednesday, February 5th. Evercore ISI cut their target price on shares of Janus Henderson Group from $44.00 to $33.00 and set an “in-line” rating on the stock in a research report on Friday, April 11th. Finally, The Goldman Sachs Group decreased their price target on shares of Janus Henderson Group from $47.00 to $41.00 and set a “neutral” rating for the company in a research report on Thursday, April 3rd. Six investment analysts have rated the stock with a hold rating and four have given a buy rating to the company. Based on data from MarketBeat.com, Janus Henderson Group has a consensus rating of “Hold” and an average target price of $44.22.

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.