Allianz Asset Management GmbH Buys 473,143 Shares of Janus Henderson Group plc (NYSE:JHG)

Allianz Asset Management GmbH grew its position in shares of Janus Henderson Group plc (NYSE:JHG) by 32.5% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,927,318 shares of the company’s stock after buying an additional 473,143 shares during the quarter. Allianz Asset Management GmbH owned 1.21% of Janus Henderson Group worth $81,969,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds have also recently modified their holdings of the company. Ieq Capital LLC increased its position in Janus Henderson Group by 1,561.3% during the fourth quarter. Ieq Capital LLC now owns 100,790 shares of the company’s stock valued at $4,287,000 after acquiring an additional 94,723 shares during the last quarter. Global Retirement Partners LLC grew its stake in shares of Janus Henderson Group by 58.9% during the 4th quarter. Global Retirement Partners LLC now owns 5,027 shares of the company’s stock valued at $214,000 after purchasing an additional 1,864 shares during the period. Convergence Investment Partners LLC increased its position in shares of Janus Henderson Group by 13.4% during the 4th quarter. Convergence Investment Partners LLC now owns 48,583 shares of the company’s stock valued at $2,066,000 after purchasing an additional 5,722 shares during the last quarter. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors bought a new position in shares of Janus Henderson Group in the 4th quarter worth approximately $159,000. Finally, Kestra Investment Management LLC boosted its holdings in shares of Janus Henderson Group by 29.6% in the fourth quarter. Kestra Investment Management LLC now owns 14,322 shares of the company’s stock worth $609,000 after buying an additional 3,269 shares during the last quarter. 87.94% of the stock is currently owned by hedge funds and other institutional investors.

Janus Henderson Group Trading Down 1.9 %

Shares of JHG stock opened at $41.85 on Friday. The company has a debt-to-equity ratio of 0.08, a quick ratio of 2.08 and a current ratio of 3.08. The stock has a fifty day simple moving average of $43.21 and a two-hundred day simple moving average of $40.97. The firm has a market capitalization of $6.65 billion, a PE ratio of 16.35, a PEG 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.

Janus Henderson Group (NYSE:JHG) last released its earnings results on Friday, January 31st. The company reported $1.07 earnings per share (EPS) for the quarter, topping 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 previous year, the company earned $0.82 earnings per share. On average, analysts predict that Janus Henderson Group plc will post 3.75 EPS for the current fiscal year.

Janus Henderson Group Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, February 27th. Stockholders of record on Tuesday, February 11th will be given a dividend of $0.39 per share. This represents a $1.56 annualized dividend and a dividend yield of 3.73%. The ex-dividend date of this dividend is Tuesday, February 11th. Janus Henderson Group’s payout ratio is currently 60.94%.

Analysts Set New Price Targets

A number of brokerages have commented on JHG. TD Cowen upped their target price on shares of Janus Henderson Group from $46.00 to $50.00 and gave the company a “buy” rating in a report on Friday, November 1st. The Goldman Sachs Group upgraded Janus Henderson Group from a “sell” rating to a “neutral” rating and upped their price objective for the stock from $42.00 to $45.00 in a research note on Monday, January 6th. Morgan Stanley lifted their target price on Janus Henderson Group from $46.00 to $48.00 and gave the company an “equal weight” rating in a research report on Friday, December 20th. 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 report on Wednesday, February 5th. Finally, UBS Group raised their price objective on Janus Henderson Group from $42.00 to $45.00 and gave the stock a “neutral” rating in a research note on Monday, February 3rd. Seven analysts have rated the stock with a hold rating and two have issued a buy rating to the company. According to data from MarketBeat.com, Janus Henderson Group currently has an average rating of “Hold” and a consensus price target of $46.75.

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.