Federated Hermes Inc. Has $526,000 Stake in Janus Henderson Group plc (NYSE:JHG)

Federated Hermes Inc. lowered its holdings in Janus Henderson Group plc (NYSE:JHG) by 6.4% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 17,442 shares of the company’s stock after selling 1,201 shares during the period. Federated Hermes Inc.’s holdings in Janus Henderson Group were worth $526,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently made changes to their positions in JHG. Vanguard Group Inc. boosted its stake in shares of Janus Henderson Group by 0.6% in the third quarter. Vanguard Group Inc. now owns 13,540,493 shares of the company’s stock valued at $349,616,000 after buying an additional 84,307 shares during the period. Invesco Ltd. lifted its position in shares of Janus Henderson Group by 33.2% during the 3rd quarter. Invesco Ltd. now owns 690,723 shares of the company’s stock valued at $17,834,000 after acquiring an additional 172,211 shares during the period. UBS Group AG grew its holdings in shares of Janus Henderson Group by 207.2% during the 3rd quarter. UBS Group AG now owns 86,179 shares of the company’s stock worth $2,225,000 after purchasing an additional 58,122 shares in the last quarter. Principal Financial Group Inc. increased its position in shares of Janus Henderson Group by 2.0% in the third quarter. Principal Financial Group Inc. now owns 1,773,943 shares of the company’s stock worth $45,803,000 after purchasing an additional 34,791 shares during the period. Finally, Integrated Wealth Concepts LLC increased its position in shares of Janus Henderson Group by 186.9% in the third quarter. Integrated Wealth Concepts LLC now owns 61,443 shares of the company’s stock worth $1,586,000 after purchasing an additional 40,028 shares during the period. Institutional investors and hedge funds own 87.94% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities research analysts recently weighed in on the stock. JPMorgan Chase & Co. upped their price objective on shares of Janus Henderson Group from $35.00 to $36.00 and gave the stock a “neutral” rating in a research report on Friday. StockNews.com lowered shares of Janus Henderson Group from a “buy” rating to a “hold” rating in a research report on Friday. The Goldman Sachs Group boosted their price objective on shares of Janus Henderson Group from $29.00 to $32.00 and gave the company a “sell” rating in a research report on Tuesday, April 2nd. UBS Group raised their target price on Janus Henderson Group from $28.00 to $30.00 and gave the company a “sell” rating in a report on Friday, April 12th. Finally, Morgan Stanley boosted their price target on Janus Henderson Group from $30.00 to $33.00 and gave the stock an “equal weight” rating in a report on Wednesday, April 17th. Two research analysts have rated the stock with a sell rating, seven have given a hold rating and one has given a buy rating to the stock. According to MarketBeat.com, Janus Henderson Group currently has an average rating of “Hold” and a consensus target price of $28.93.

Janus Henderson Group Trading Up 1.8 %

Shares of JHG stock opened at $32.55 on Friday. Janus Henderson Group plc has a twelve month low of $22.17 and a twelve month high of $33.25. The stock’s fifty day simple moving average is $31.77 and its 200 day simple moving average is $29.08. The company has a quick ratio of 2.76, a current ratio of 3.89 and a debt-to-equity ratio of 0.07. The firm has a market capitalization of $5.25 billion, a P/E ratio of 13.73, a P/E/G ratio of 1.47 and a beta of 1.53.

Janus Henderson Group (NYSE:JHG) last released its quarterly earnings results on Thursday, May 2nd. The company reported $0.71 earnings per share for the quarter, topping the consensus estimate of $0.63 by $0.08. Janus Henderson Group had a return on equity of 9.46% and a net margin of 18.39%. The company had revenue of $551.70 million for the quarter, compared to analysts’ expectations of $547.20 million. During the same period in the previous year, the business posted $0.55 earnings per share. The business’s quarterly revenue was up 11.3% compared to the same quarter last year. As a group, sell-side analysts predict that Janus Henderson Group plc will post 2.85 EPS for the current fiscal year.

Janus Henderson Group Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, May 29th. Shareholders of record on Monday, May 13th will be given a $0.39 dividend. This represents a $1.56 annualized dividend and a yield of 4.79%. The ex-dividend date is Friday, May 10th. Janus Henderson Group’s dividend payout ratio (DPR) is currently 65.82%.

Insider Activity

In related news, CAO Brennan A. Hughes sold 1,812 shares of the business’s stock in a transaction on Wednesday, March 6th. The shares were sold at an average price of $32.27, for a total value of $58,473.24. Following the sale, the chief accounting officer now owns 3,535 shares of the company’s stock, valued at $114,074.45. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website. In related news, CAO Brennan A. Hughes sold 1,812 shares of Janus Henderson Group stock in a transaction that occurred on Wednesday, March 6th. The stock was sold at an average price of $32.27, for a total value of $58,473.24. Following the transaction, the chief accounting officer now directly owns 3,535 shares of the company’s stock, valued at $114,074.45. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, insider Georgina Fogo sold 22,076 shares of the company’s stock in a transaction that occurred on Wednesday, February 28th. The shares were sold at an average price of $30.93, for a total value of $682,810.68. Following the completion of the sale, the insider now owns 101,623 shares in the company, valued at $3,143,199.39. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 70,133 shares of company stock valued at $2,172,459. Insiders own 19.60% of the company’s stock.

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.