Fmr LLC Buys 6,472 Shares of Janus Henderson Group plc (NYSE:JHG)

Fmr LLC increased its stake in shares of Janus Henderson Group plc (NYSE:JHG) by 15.9% during the 3rd quarter, Holdings Channel.com reports. The firm owned 47,163 shares of the company’s stock after acquiring an additional 6,472 shares during the quarter. Fmr LLC’s holdings in Janus Henderson Group were worth $1,796,000 at the end of the most recent reporting period.

Several other hedge funds have also modified their holdings of JHG. Millennium Management LLC grew its stake in shares of Janus Henderson Group by 43.5% during the second quarter. Millennium Management LLC now owns 5,968,705 shares of the company’s stock valued at $201,205,000 after purchasing an additional 1,809,249 shares during the last quarter. AQR Capital Management LLC grew its stake in shares of Janus Henderson Group by 64.5% during the second quarter. AQR Capital Management LLC now owns 1,206,684 shares of the company’s stock valued at $40,677,000 after purchasing an additional 473,308 shares during the last quarter. Principal Financial Group Inc. grew its stake in shares of Janus Henderson Group by 28.9% during the third quarter. Principal Financial Group Inc. now owns 2,081,630 shares of the company’s stock valued at $79,248,000 after purchasing an additional 467,049 shares during the last quarter. Dimensional Fund Advisors LP grew its stake in shares of Janus Henderson Group by 4.4% during the second quarter. Dimensional Fund Advisors LP now owns 8,090,743 shares of the company’s stock valued at $272,741,000 after purchasing an additional 344,582 shares during the last quarter. Finally, Marshall Wace LLP grew its stake in shares of Janus Henderson Group by 48.7% during the second quarter. Marshall Wace LLP now owns 1,000,823 shares of the company’s stock valued at $33,738,000 after purchasing an additional 327,819 shares during the last quarter. 87.94% of the stock is owned by institutional investors.

Analyst Ratings Changes

A number of brokerages have issued reports on JHG. Wells Fargo & Company raised their price objective on shares of Janus Henderson Group from $41.00 to $45.00 and gave the company an “equal weight” rating in a research note on Thursday. TD Cowen raised their price objective on shares of Janus Henderson Group from $46.00 to $50.00 and gave the company a “buy” rating in a research note on Friday, November 1st. Deutsche Bank Aktiengesellschaft raised their price objective on shares of Janus Henderson Group from $42.00 to $44.00 and gave the company a “hold” rating in a research note on Monday, November 11th. Morgan Stanley raised their price objective on shares of Janus Henderson Group from $39.00 to $42.00 and gave the company an “equal weight” rating in a research note on Friday, October 18th. Finally, UBS Group raised their price objective on shares of Janus Henderson Group from $37.00 to $41.00 and gave the company a “neutral” rating in a research note on Tuesday, October 22nd. One analyst has rated the stock with a sell rating, seven have assigned a hold rating and one has assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold” and an average price target of $42.63.

Janus Henderson Group Price Performance

Shares of JHG stock opened at $44.06 on Monday. Janus Henderson Group plc has a 12-month low of $28.19 and a 12-month high of $45.74. The firm has a market capitalization of $7.01 billion, a price-to-earnings ratio of 17.42, a price-to-earnings-growth ratio of 0.62 and a beta of 1.48. The company has a quick ratio of 2.08, a current ratio of 3.08 and a debt-to-equity ratio of 0.09. The firm has a fifty day moving average of $42.69 and a 200-day moving average of $38.05.

Janus Henderson Group (NYSE:JHG) last announced its quarterly earnings results on Thursday, October 31st. The company reported $0.91 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.80 by $0.11. Janus Henderson Group had a net margin of 17.33% and a return on equity of 11.49%. The company had revenue of $624.80 million during the quarter, compared to analyst estimates of $600.88 million. During the same quarter in the previous year, the business earned $0.64 EPS. The firm’s revenue was up 19.9% on a year-over-year basis. On average, equities research analysts forecast that Janus Henderson Group plc will post 3.43 earnings per share for the current year.

Janus Henderson Group Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, November 27th. Investors of record on Wednesday, November 27th were given a $0.39 dividend. The ex-dividend date of this dividend was Wednesday, November 27th. This represents a $1.56 annualized dividend and a yield of 3.54%. Janus Henderson Group’s dividend payout ratio is currently 61.66%.

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.