Hancock Whitney Corp Grows Stake in Janus Henderson Group plc (NYSE:JHG)

Hancock Whitney Corp raised its holdings in shares of Janus Henderson Group plc (NYSE:JHG) by 431.0% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 415,271 shares of the company’s stock after buying an additional 337,067 shares during the quarter. Hancock Whitney Corp owned about 0.26% of Janus Henderson Group worth $17,661,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also recently modified their holdings of the business. KBC Group NV lifted its position in Janus Henderson Group by 63.6% during the fourth quarter. KBC Group NV now owns 4,546 shares of the company’s stock valued at $193,000 after purchasing an additional 1,768 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. grew its position in Janus Henderson Group by 17.8% in the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 92,218 shares of the company’s stock worth $3,977,000 after acquiring an additional 13,942 shares in the last quarter. Merit Financial Group LLC bought a new position in Janus Henderson Group in the fourth quarter valued at $413,000. Delphi Management Inc. MA purchased a new stake in Janus Henderson Group during the fourth quarter valued at about $1,419,000. Finally, Nordea Investment Management AB lifted its stake in Janus Henderson Group by 6.9% during the fourth quarter. Nordea Investment Management AB now owns 233,601 shares of the company’s stock worth $9,979,000 after purchasing an additional 14,996 shares during the last quarter. Hedge funds and other institutional investors own 87.94% of the company’s stock.

Analyst Ratings Changes

A number of research firms recently weighed in on JHG. The Goldman Sachs Group dropped their target price on Janus Henderson Group from $47.00 to $41.00 and set a “neutral” rating for the company in a research report on Thursday, April 3rd. Bank of America raised shares of Janus Henderson Group from a “neutral” rating to a “buy” rating and cut their price objective for the company from $57.00 to $43.00 in a research note on Thursday, April 3rd. Evercore ISI decreased their target price on shares of Janus Henderson Group from $44.00 to $33.00 and set an “in-line” rating on the stock in a research report on Friday, April 11th. StockNews.com lowered shares of Janus Henderson Group from a “buy” rating to a “hold” rating in a research report on Tuesday, March 25th. Finally, JPMorgan Chase & Co. upgraded 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 report on Wednesday, February 5th. Six analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. According to MarketBeat.com, Janus Henderson Group currently has an average rating of “Hold” and an average target price of $44.22.

Janus Henderson Group Trading Up 2.9 %

NYSE:JHG opened at $31.86 on Thursday. The stock has a market cap of $5.02 billion, a price-to-earnings ratio of 12.45, a PEG ratio of 0.66 and a beta of 1.43. The company has a quick ratio of 2.08, a current ratio of 3.08 and a debt-to-equity ratio of 0.08. The company’s 50 day moving average price is $36.31 and its 200-day moving average price is $40.64. Janus Henderson Group plc has a 52 week low of $28.26 and a 52 week high of $46.68.

Janus Henderson Group (NYSE:JHG) last released its quarterly earnings data on Friday, January 31st. The company reported $1.07 EPS for the quarter, beating the consensus estimate 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 in the previous year, the firm earned $0.82 EPS. On average, equities research analysts forecast that Janus Henderson Group plc will post 3.75 earnings per share for the current fiscal year.

Janus Henderson Group Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, February 27th. Shareholders of record on Tuesday, February 11th were issued a dividend of $0.39 per share. This represents a $1.56 annualized dividend and a yield of 4.90%. The ex-dividend date was Tuesday, February 11th. Janus Henderson Group’s dividend payout ratio is presently 60.94%.

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.