Algert Global LLC Purchases 150,624 Shares of Janus Henderson Group plc (NYSE:JHG)

Algert Global LLC increased its holdings in shares of Janus Henderson Group plc (NYSE:JHG) by 97.6% in the fourth quarter, according to its most recent disclosure with the SEC. The firm owned 304,959 shares of the company’s stock after purchasing an additional 150,624 shares during the period. Algert Global LLC owned 0.19% of Janus Henderson Group worth $12,970,000 as of its most recent filing with the SEC.

A number of other institutional investors have also recently bought and sold shares of JHG. UMB Bank n.a. increased its holdings in shares of Janus Henderson Group by 56.5% during the 4th 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 last quarter. Richardson Financial Services Inc. boosted its position in Janus Henderson Group by 89.4% during the fourth quarter. Richardson Financial Services Inc. now owns 769 shares of the company’s stock worth $33,000 after purchasing an additional 363 shares during the period. Larson Financial Group LLC increased its holdings in shares of Janus Henderson Group by 33.9% in the fourth quarter. Larson Financial Group LLC now owns 1,137 shares of the company’s stock valued at $48,000 after purchasing an additional 288 shares during the last quarter. Bessemer Group Inc. raised its position in shares of Janus Henderson Group by 825.2% in the fourth quarter. Bessemer Group Inc. now owns 1,286 shares of the company’s stock valued at $55,000 after purchasing an additional 1,147 shares during the period. Finally, EverSource Wealth Advisors LLC raised its position in shares of Janus Henderson Group by 48.7% in the fourth quarter. EverSource Wealth Advisors LLC now owns 1,872 shares of the company’s stock valued at $80,000 after purchasing an additional 613 shares during the period. Institutional investors and hedge funds own 87.94% of the company’s stock.

Analyst Ratings Changes

A number of brokerages recently commented on JHG. 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 on the stock in a research note on Thursday, April 3rd. UBS Group upgraded Janus Henderson Group from a “neutral” rating to a “buy” rating and increased their target price for the stock from $45.00 to $50.00 in a research note on Monday, February 24th. JPMorgan Chase & Co. upgraded 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. Wells Fargo & Company lowered their price objective on Janus Henderson Group from $46.00 to $36.00 and set an “equal weight” rating on the stock in a research report on Tuesday, April 8th. Finally, Bank of America raised shares of Janus Henderson Group from a “neutral” rating to a “buy” rating and reduced their target price for the company from $57.00 to $43.00 in a research report on Thursday, April 3rd. Six equities research analysts have rated the stock with a hold rating and four have given a buy rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus target price of $44.44.

Janus Henderson Group Trading Up 2.8 %

JHG opened at $35.63 on Friday. 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 twelve month low of $28.26 and a twelve month high of $46.68. The stock has a market capitalization of $5.61 billion, a price-to-earnings ratio of 13.92, a P/E/G ratio of 0.66 and a beta of 1.46. The company has a 50-day simple moving average of $35.03 and a 200 day simple moving average of $40.37.

Janus Henderson Group (NYSE:JHG) last posted its quarterly earnings results on Thursday, May 1st. The company reported $0.79 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.72 by $0.07. Janus Henderson Group had a net margin of 16.38% and a return on equity of 12.18%. The business had revenue of $621.40 million for the quarter, compared to analyst estimates of $623.56 million. During the same quarter last year, the business posted $0.71 EPS. The firm’s revenue for the quarter was up 12.6% on a year-over-year basis. Analysts predict that Janus Henderson Group plc will post 3.75 EPS for the current fiscal year.

Janus Henderson Group Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, May 29th. Stockholders of record on Monday, May 12th will be issued a dividend of $0.40 per share. The ex-dividend date of this dividend is Monday, May 12th. This represents a $1.60 dividend on an annualized basis and a dividend yield of 4.49%. This is a boost from Janus Henderson Group’s previous quarterly dividend of $0.39. Janus Henderson Group’s payout ratio is 63.49%.

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.