BlackRock Inc. cut its stake in Janus Henderson Group PLC (NYSE:JHG) by 2.3% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 11,660,300 shares of the company’s stock after selling 271,398 shares during the quarter. BlackRock Inc. owned 5.87% of Janus Henderson Group worth $241,602,000 at the end of the most recent quarter.
Other hedge funds also recently made changes to their positions in the company. JPMorgan Chase & Co. lifted its position in Janus Henderson Group by 14.4% in the third quarter. JPMorgan Chase & Co. now owns 249,370 shares of the company’s stock valued at $6,723,000 after acquiring an additional 31,450 shares during the last quarter. Prudential Financial Inc. lifted its position in Janus Henderson Group by 15.4% in the third quarter. Prudential Financial Inc. now owns 982,587 shares of the company’s stock valued at $26,491,000 after acquiring an additional 130,765 shares during the last quarter. Commonwealth Bank of Australia purchased a new stake in Janus Henderson Group in the third quarter valued at $323,000. Zeke Capital Advisors LLC purchased a new stake in Janus Henderson Group in the third quarter valued at $350,000. Finally, DekaBank Deutsche Girozentrale purchased a new stake in Janus Henderson Group in the third quarter valued at $738,000. 58.68% of the stock is owned by institutional investors.
Shares of NYSE:JHG opened at $24.80 on Friday. Janus Henderson Group PLC has a one year low of $19.00 and a one year high of $35.34. The company has a debt-to-equity ratio of 0.07, a current ratio of 2.77 and a quick ratio of 1.21. The stock has a market capitalization of $4.87 billion, a PE ratio of 9.05, a price-to-earnings-growth ratio of 1.28 and a beta of 1.18.
Janus Henderson Group (NYSE:JHG) last issued its quarterly earnings results on Tuesday, February 5th. The company reported $0.59 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.63 by ($0.04). Janus Henderson Group had a return on equity of 11.05% and a net margin of 22.53%. The firm had revenue of $545.10 million for the quarter, compared to analyst estimates of $560.57 million. During the same quarter last year, the firm earned $0.73 earnings per share. The company’s revenue was down 12.3% compared to the same quarter last year. As a group, sell-side analysts predict that Janus Henderson Group PLC will post 2.59 EPS for the current year.
The company also recently declared a quarterly dividend, which was paid on Tuesday, February 26th. Stockholders of record on Friday, February 15th were paid a dividend of $0.36 per share. The ex-dividend date was Thursday, February 14th. This represents a $1.44 dividend on an annualized basis and a dividend yield of 5.81%. Janus Henderson Group’s dividend payout ratio (DPR) is 52.55%.
A number of brokerages recently weighed in on JHG. Zacks Investment Research raised shares of Janus Henderson Group from a “sell” rating to a “hold” rating in a research report on Wednesday. JPMorgan Chase & Co. raised shares of Janus Henderson Group from a “neutral” rating to an “overweight” rating and set a $24.41 price target for the company in a research report on Tuesday, March 12th. ValuEngine cut shares of Janus Henderson Group from a “sell” rating to a “strong sell” rating in a report on Saturday, February 2nd. Finally, Morgan Stanley cut shares of Janus Henderson Group from an “overweight” rating to an “equal weight” rating in a report on Friday, November 23rd. Three equities research analysts have rated the stock with a sell rating, four have assigned a hold rating and one has issued a buy rating to the company. Janus Henderson Group has an average rating of “Hold” and an average price target of $30.79.
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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.
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