Bridgewater Associates LP increased its stake in Janus Henderson Group plc (NYSE:JHG – Free Report) by 66.3% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 14,338 shares of the company’s stock after acquiring an additional 5,714 shares during the period. Bridgewater Associates LP’s holdings in Janus Henderson Group were worth $610,000 at the end of the most recent reporting period.
A number of other hedge funds and other institutional investors have also recently bought and sold shares of JHG. Richardson Financial Services Inc. raised its position in Janus Henderson Group by 89.4% in the 4th quarter. Richardson Financial Services Inc. now owns 769 shares of the company’s stock valued at $33,000 after purchasing an additional 363 shares in the last quarter. UMB Bank n.a. raised its holdings in Janus Henderson Group by 56.5% in the fourth quarter. UMB Bank n.a. now owns 787 shares of the company’s stock valued at $33,000 after acquiring an additional 284 shares in the last quarter. Larson Financial Group LLC lifted its stake in Janus Henderson Group by 33.9% in the fourth quarter. Larson Financial Group LLC now owns 1,137 shares of the company’s stock worth $48,000 after acquiring an additional 288 shares during the last quarter. Bessemer Group Inc. grew its holdings in Janus Henderson Group by 825.2% during the 4th quarter. Bessemer Group Inc. now owns 1,286 shares of the company’s stock worth $55,000 after acquiring an additional 1,147 shares in the last quarter. Finally, EverSource Wealth Advisors LLC increased its position in shares of Janus Henderson Group by 48.7% in the 4th quarter. EverSource Wealth Advisors LLC now owns 1,872 shares of the company’s stock valued at $80,000 after purchasing an additional 613 shares during the last quarter. 87.94% of the stock is currently owned by hedge funds and other institutional investors.
Wall Street Analysts Forecast Growth
JHG has been the subject of several recent analyst reports. JPMorgan Chase & Co. raised shares of Janus Henderson Group from a “neutral” rating to an “overweight” rating and lifted their price objective for the stock from $44.00 to $53.00 in a research report on Wednesday, February 5th. Evercore ISI lowered their price objective on Janus Henderson Group from $44.00 to $33.00 and set an “in-line” rating for the company in a research report on Friday, April 11th. UBS Group upgraded Janus Henderson Group from a “neutral” rating to a “buy” rating and increased their price objective for the company from $45.00 to $50.00 in a report on Monday, February 24th. Bank of America upgraded Janus Henderson Group from a “neutral” rating to a “buy” rating and decreased their target price for the stock from $57.00 to $43.00 in a research note on Thursday, April 3rd. Finally, The Goldman Sachs Group dropped their price target on shares of Janus Henderson Group from $47.00 to $41.00 and set a “neutral” rating on the stock in a research note on Thursday, April 3rd. Six analysts have rated the stock with a hold rating and four have issued a buy rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Hold” and a consensus price target of $44.22.
Janus Henderson Group Trading Up 0.6 %
JHG opened at $30.72 on Friday. 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 52 week low of $28.26 and a 52 week high of $46.68. The business’s 50 day moving average is $37.08 and its two-hundred day moving average is $40.81. The firm has a market cap of $4.84 billion, a price-to-earnings ratio of 12.00, a price-to-earnings-growth ratio of 0.66 and a beta of 1.43.
Janus Henderson Group (NYSE:JHG – Get Free Report) last announced its earnings results on Friday, January 31st. The company reported $1.07 EPS for the quarter, beating analysts’ consensus estimates of $0.94 by $0.13. Janus Henderson Group had a net margin of 16.38% and a return on equity of 12.18%. During the same period in the previous year, the business posted $0.82 EPS. On average, research analysts predict that Janus Henderson Group plc will post 3.75 EPS for the current year.
Janus Henderson Group Announces Dividend
The firm also recently announced a quarterly dividend, which was paid on Thursday, February 27th. Stockholders of record on Tuesday, February 11th were paid a dividend of $0.39 per share. The ex-dividend date was Tuesday, February 11th. This represents a $1.56 annualized dividend and a dividend yield of 5.08%. Janus Henderson Group’s dividend payout ratio (DPR) is 60.94%.
About Janus Henderson Group
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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