Gabelli Funds LLC reduced its position in Janus Henderson Group PLC (NYSE:JHG) by 35.7% in the 4th quarter, according to its most recent filing with the SEC. The fund owned 169,600 shares of the company’s stock after selling 94,100 shares during the period. Gabelli Funds LLC’s holdings in Janus Henderson Group were worth $4,147,000 as of its most recent filing with the SEC.
A number of other large investors have also recently modified their holdings of JHG. State Street Corp lifted its position in Janus Henderson Group by 2.5% during the third quarter. State Street Corp now owns 3,932,165 shares of the company’s stock worth $88,316,000 after acquiring an additional 95,105 shares during the last quarter. Goldman Sachs Group Inc. lifted its position in Janus Henderson Group by 21.1% during the fourth quarter. Goldman Sachs Group Inc. now owns 2,060,817 shares of the company’s stock worth $50,388,000 after acquiring an additional 359,242 shares during the last quarter. Bank of New York Mellon Corp lifted its position in Janus Henderson Group by 1.6% during the fourth quarter. Bank of New York Mellon Corp now owns 1,568,476 shares of the company’s stock worth $38,349,000 after acquiring an additional 24,007 shares during the last quarter. FMR LLC lifted its position in Janus Henderson Group by 155,831.4% during the fourth quarter. FMR LLC now owns 477,150 shares of the company’s stock worth $11,666,000 after acquiring an additional 476,844 shares during the last quarter. Finally, California Public Employees Retirement System lifted its position in Janus Henderson Group by 1.2% during the fourth quarter. California Public Employees Retirement System now owns 460,932 shares of the company’s stock worth $11,270,000 after acquiring an additional 5,420 shares during the last quarter. Institutional investors and hedge funds own 72.01% of the company’s stock.
Several brokerages have issued reports on JHG. Morgan Stanley upgraded shares of Janus Henderson Group from an “equal weight” rating to an “overweight” rating in a research report on Tuesday, January 28th. Deutsche Bank lowered their target price on shares of Janus Henderson Group from $22.00 to $15.00 and set a “hold” rating on the stock in a report on Wednesday, March 18th. JPMorgan Chase & Co. lowered their target price on shares of Janus Henderson Group from to in a report on Monday, March 16th. Citigroup raised shares of Janus Henderson Group from a “neutral” rating to a “buy” rating in a report on Tuesday, February 4th. Finally, Evercore ISI initiated coverage on shares of Janus Henderson Group in a report on Thursday, December 5th. They set a “hold” rating and a $26.00 target price on the stock. Five investment analysts have rated the stock with a sell rating, six have assigned a hold rating and three have issued a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and an average price target of $22.46.
Shares of JHG opened at $14.30 on Thursday. Janus Henderson Group PLC has a 12 month low of $11.81 and a 12 month high of $27.50. The firm’s 50 day moving average is $21.26 and its 200-day moving average is $23.09. The stock has a market capitalization of $2.56 billion, a PE ratio of 5.56, a P/E/G ratio of 0.61 and a beta of 1.48. The company has a current ratio of 3.35, a quick ratio of 1.82 and a debt-to-equity ratio of 0.06.
Janus Henderson Group (NYSE:JHG) last announced its quarterly earnings data on Tuesday, February 4th. The company reported $0.65 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.67 by ($0.02). The firm had revenue of $463.10 million during the quarter, compared to the consensus estimate of $536.48 million. Janus Henderson Group had a net margin of 19.36% and a return on equity of 9.74%. The business’s revenue was up 4.6% compared to the same quarter last year. During the same period last year, the business earned $0.59 earnings per share. Equities research analysts predict that Janus Henderson Group PLC will post 2.49 earnings per share for the current fiscal year.
The company also recently disclosed a quarterly dividend, which was paid on Thursday, March 5th. Investors of record on Tuesday, February 18th were paid a $0.36 dividend. The ex-dividend date of this dividend was Friday, February 14th. This represents a $1.44 dividend on an annualized basis and a yield of 10.07%. Janus Henderson Group’s dividend payout ratio (DPR) is 58.30%.
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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