Janus Henderson Group plc (NYSE:JHG) Stake Boosted by JPMorgan Chase & Co.

JPMorgan Chase & Co. raised its position in shares of Janus Henderson Group plc (NYSE:JHG) by 8.3% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 578,890 shares of the company’s stock after buying an additional 44,378 shares during the quarter. JPMorgan Chase & Co.’s holdings in Janus Henderson Group were worth $22,038,000 at the end of the most recent quarter.

A number of other hedge funds also recently bought and sold shares of JHG. Quarry LP boosted its holdings in shares of Janus Henderson Group by 203.6% during the third quarter. Quarry LP now owns 759 shares of the company’s stock worth $29,000 after purchasing an additional 509 shares during the period. Huntington National Bank lifted its position in Janus Henderson Group by 24.5% in the 3rd quarter. Huntington National Bank now owns 1,219 shares of the company’s stock worth $46,000 after buying an additional 240 shares in the last quarter. Addison Advisors LLC lifted its position in Janus Henderson Group by 103.4% in the 3rd quarter. Addison Advisors LLC now owns 1,263 shares of the company’s stock worth $48,000 after buying an additional 642 shares in the last quarter. Farther Finance Advisors LLC boosted its stake in shares of Janus Henderson Group by 70.6% during the 3rd quarter. Farther Finance Advisors LLC now owns 1,390 shares of the company’s stock valued at $53,000 after buying an additional 575 shares during the period. Finally, Abich Financial Wealth Management LLC grew its holdings in shares of Janus Henderson Group by 26.5% during the 2nd quarter. Abich Financial Wealth Management LLC now owns 1,797 shares of the company’s stock valued at $61,000 after acquiring an additional 377 shares in the last quarter. 87.94% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of analysts recently issued reports on JHG shares. JPMorgan Chase & Co. reduced their price objective on Janus Henderson Group from $45.00 to $44.00 and set a “neutral” rating for the company in a research report on Tuesday. TD Cowen lifted their price target on Janus Henderson Group from $46.00 to $50.00 and gave the company a “buy” rating in a report on Friday, November 1st. UBS Group boosted their price target on Janus Henderson Group from $37.00 to $41.00 and gave the company a “neutral” rating in a research note on Tuesday, October 22nd. Evercore ISI raised their price objective on shares of Janus Henderson Group from $40.00 to $43.00 and gave the company an “in-line” rating in a research report on Thursday, November 7th. Finally, Morgan Stanley boosted their target price on shares of Janus Henderson Group from $46.00 to $48.00 and gave the stock an “equal weight” rating in a research report on Friday, December 20th. Eight analysts have rated the stock with a hold rating and one has given a buy rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus price target of $45.00.

Janus Henderson Group Stock Up 0.9 %

Shares of JHG opened at $42.41 on Thursday. The firm has a market capitalization of $6.74 billion, a price-to-earnings ratio of 16.76, a PEG ratio of 0.62 and a beta of 1.50. Janus Henderson Group plc has a 52 week low of $28.19 and a 52 week high of $45.74. The company has a debt-to-equity ratio of 0.09, a quick ratio of 2.08 and a current ratio of 3.08. The business’s fifty day moving average price is $43.75 and its two-hundred day moving average price is $39.24.

Janus Henderson Group (NYSE:JHG) last issued its earnings results on Thursday, October 31st. The company reported $0.91 EPS for the quarter, beating the consensus estimate of $0.80 by $0.11. Janus Henderson Group had a net margin of 17.33% and a return on equity of 11.49%. The company had revenue of $624.80 million during the quarter, compared to analysts’ expectations of $600.88 million. During the same quarter in the previous year, the company posted $0.64 EPS. The business’s revenue for the quarter was up 19.9% compared to the same quarter last year. On average, analysts predict that Janus Henderson Group plc will post 3.43 earnings per share for the current year.

Janus Henderson Group Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, November 27th. Investors of record on Wednesday, November 27th were given a $0.39 dividend. The ex-dividend date of this dividend was Wednesday, November 27th. This represents a $1.56 annualized dividend and a dividend yield of 3.68%. Janus Henderson Group’s dividend payout ratio is presently 61.66%.

Janus Henderson Group 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.