31,227 Shares in Janus Henderson Group plc (NYSE:JHG) Acquired by Strategic Global Advisors LLC

Strategic Global Advisors LLC bought a new stake in Janus Henderson Group plc (NYSE:JHG) in the 4th quarter, Holdings Channel.com reports. The fund bought 31,227 shares of the company’s stock, valued at approximately $1,328,000.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Barclays PLC grew its stake in shares of Janus Henderson Group by 84.0% in the third quarter. Barclays PLC now owns 96,217 shares of the company’s stock valued at $3,663,000 after buying an additional 43,933 shares in the last quarter. Park Avenue Securities LLC boosted its holdings in Janus Henderson Group by 20.1% during the 4th quarter. Park Avenue Securities LLC now owns 33,152 shares of the company’s stock valued at $1,410,000 after acquiring an additional 5,551 shares during the period. Hennion & Walsh Asset Management Inc. grew its position in Janus Henderson Group by 1.4% in the 4th quarter. Hennion & Walsh Asset Management Inc. now owns 49,119 shares of the company’s stock valued at $2,089,000 after acquiring an additional 672 shares in the last quarter. Ritholtz Wealth Management increased its stake in Janus Henderson Group by 14.0% during the fourth quarter. Ritholtz Wealth Management now owns 21,215 shares of the company’s stock worth $902,000 after purchasing an additional 2,608 shares during the period. Finally, Merit Financial Group LLC purchased a new stake in Janus Henderson Group during the fourth quarter worth about $413,000. Hedge funds and other institutional investors own 87.94% of the company’s stock.

Janus Henderson Group Stock Performance

NYSE JHG opened at $38.72 on Friday. The company has a fifty day moving average of $34.53 and a two-hundred day moving average of $40.14. The company has a market capitalization of $6.10 billion, a PE ratio of 15.12, a P/E/G ratio of 0.66 and a beta of 1.46. Janus Henderson Group plc has a 1 year low of $28.26 and a 1 year high of $46.68. The company has a debt-to-equity ratio of 0.08, a current ratio of 3.08 and a quick ratio of 2.08.

Janus Henderson Group (NYSE:JHG) last issued its quarterly earnings data on Thursday, May 1st. The company reported $0.79 earnings per share for the quarter, beating analysts’ consensus estimates of $0.72 by $0.07. The company had revenue of $621.40 million during the quarter, compared to analysts’ expectations of $623.56 million. Janus Henderson Group had a return on equity of 12.18% and a net margin of 16.38%. The firm’s revenue for the quarter was up 12.6% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.71 earnings per share. As a group, analysts expect that Janus Henderson Group plc will post 3.75 earnings per share for the current year.

Janus Henderson Group Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, May 29th. Stockholders of record on Monday, May 12th will be issued a $0.40 dividend. This represents a $1.60 dividend on an annualized basis and a dividend yield of 4.13%. This is a boost from Janus Henderson Group’s previous quarterly dividend of $0.39. The ex-dividend date of this dividend is Monday, May 12th. Janus Henderson Group’s dividend payout ratio is presently 63.49%.

Analysts Set New Price Targets

JHG has been the subject of several recent research reports. Wells Fargo & Company lowered their price objective on shares of Janus Henderson Group from $46.00 to $36.00 and set an “equal weight” rating for the company in a research note on Tuesday, April 8th. Morgan Stanley raised their price target on shares of Janus Henderson Group from $32.00 to $33.00 and gave the company an “equal weight” rating in a research report on Tuesday, May 6th. The Goldman Sachs Group cut their price objective on Janus Henderson Group from $47.00 to $41.00 and set a “neutral” rating on the stock in a research report on Thursday, April 3rd. UBS Group upgraded Janus Henderson Group from a “neutral” rating to a “buy” rating and increased their price objective for the company from $45.00 to $50.00 in a research note on Monday, February 24th. Finally, JPMorgan Chase & Co. raised Janus Henderson Group from a “neutral” rating to an “overweight” rating and boosted their target price for the stock from $44.00 to $53.00 in a research note on Wednesday, February 5th. Six investment analysts have rated the stock with a hold rating and five have assigned a buy rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and an average target price of $42.78.

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.