Proficio Capital Partners LLC Makes New $997,000 Investment in Janus Henderson Group plc (NYSE:JHG)

Proficio Capital Partners LLC purchased a new position in shares of Janus Henderson Group plc (NYSE:JHG) in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund purchased 23,434 shares of the company’s stock, valued at approximately $997,000.

A number of other institutional investors also recently added to or reduced their stakes in JHG. Atria Investments Inc boosted its position in Janus Henderson Group by 8.8% during the 3rd quarter. Atria Investments Inc now owns 9,791 shares of the company’s stock worth $373,000 after acquiring an additional 795 shares during the period. Victory Capital Management Inc. boosted its position in Janus Henderson Group by 5.3% during the 3rd quarter. Victory Capital Management Inc. now owns 17,167 shares of the company’s stock worth $654,000 after acquiring an additional 857 shares during the period. Commerce Bank boosted its position in Janus Henderson Group by 10.8% during the 3rd quarter. Commerce Bank now owns 19,242 shares of the company’s stock worth $733,000 after acquiring an additional 1,872 shares during the period. Intech Investment Management LLC acquired a new position in Janus Henderson Group during the 3rd quarter worth $3,971,000. Finally, Charles Schwab Investment Management Inc. boosted its position in Janus Henderson Group by 0.8% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 4,446,079 shares of the company’s stock worth $169,262,000 after acquiring an additional 36,711 shares during the period. Institutional investors and hedge funds own 87.94% of the company’s stock.

Analyst Ratings Changes

JHG has been the subject of a number of analyst reports. UBS Group upgraded Janus Henderson Group from a “neutral” rating to a “buy” rating and boosted their price target for the stock from $45.00 to $50.00 in a research report on Monday, February 24th. JPMorgan Chase & Co. upgraded Janus Henderson Group from a “neutral” rating to an “overweight” rating and upped their price objective for the company from $44.00 to $53.00 in a report on Wednesday, February 5th. StockNews.com upgraded Janus Henderson Group from a “hold” rating to a “buy” rating in a report on Monday, March 3rd. Morgan Stanley upped their price objective on Janus Henderson Group from $46.00 to $48.00 and gave the company an “equal weight” rating in a report on Friday, December 20th. Finally, Wells Fargo & Company upped their price objective on Janus Henderson Group from $43.00 to $46.00 and gave the company an “equal weight” rating in a report on Monday, February 3rd. Five equities research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and an average price target of $47.38.

Janus Henderson Group Stock Down 0.5 %

Shares of Janus Henderson Group stock opened at $37.38 on Friday. The stock’s fifty day moving average is $41.64 and its 200-day moving average is $41.43. The firm has a market capitalization of $5.89 billion, a PE ratio of 14.60, a price-to-earnings-growth ratio of 0.66 and a beta of 1.49. 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 12-month low of $30.35 and a 12-month high of $46.68.

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

Janus Henderson Group Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, February 27th. Investors of record on Tuesday, February 11th were given a dividend of $0.39 per share. This represents a $1.56 annualized dividend and a yield of 4.17%. The ex-dividend date was Tuesday, February 11th. Janus Henderson Group’s payout ratio is 60.94%.

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.