Orion Portfolio Solutions LLC Takes Position in Janus Henderson Group plc (NYSE:JHG)

Orion Portfolio Solutions LLC purchased a new stake in Janus Henderson Group plc (NYSE:JHG) in the 3rd quarter, HoldingsChannel reports. The fund purchased 9,163 shares of the company’s stock, valued at approximately $349,000.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Huntington National Bank lifted its holdings in shares of Janus Henderson Group by 24.5% in the third quarter. Huntington National Bank now owns 1,219 shares of the company’s stock valued at $46,000 after purchasing an additional 240 shares in the last quarter. Miller Howard Investments Inc. NY boosted its position in Janus Henderson Group by 2.4% during the 2nd quarter. Miller Howard Investments Inc. NY now owns 11,928 shares of the company’s stock worth $402,000 after acquiring an additional 282 shares during the period. Abich Financial Wealth Management LLC boosted its position in Janus Henderson Group by 26.5% during the 2nd quarter. Abich Financial Wealth Management LLC now owns 1,797 shares of the company’s stock worth $61,000 after acquiring an additional 377 shares during the period. GAMMA Investing LLC increased its holdings in shares of Janus Henderson Group by 15.7% in the 3rd quarter. GAMMA Investing LLC now owns 2,822 shares of the company’s stock valued at $107,000 after purchasing an additional 382 shares during the period. Finally, Graypoint LLC increased its holdings in shares of Janus Henderson Group by 4.2% in the 2nd quarter. Graypoint LLC now owns 10,221 shares of the company’s stock valued at $345,000 after purchasing an additional 410 shares during the period. Institutional investors and hedge funds own 87.94% of the company’s stock.

Janus Henderson Group Stock Performance

JHG opened at $41.59 on Thursday. The stock has a 50-day moving average of $42.94 and a 200-day moving average of $38.22. The company has a debt-to-equity ratio of 0.09, a quick ratio of 2.08 and a current ratio of 3.08. Janus Henderson Group plc has a 52-week low of $28.19 and a 52-week high of $45.74. The company has a market cap of $6.61 billion, a PE ratio of 16.44, a price-to-earnings-growth ratio of 0.62 and a beta of 1.48.

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

Janus Henderson Group Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, November 27th. Shareholders of record on Wednesday, November 27th were given a dividend of $0.39 per share. This represents a $1.56 dividend on an annualized basis and a yield of 3.75%. The ex-dividend date was Wednesday, November 27th. Janus Henderson Group’s dividend payout ratio is 61.66%.

Analyst Upgrades and Downgrades

A number of research analysts recently commented on the stock. Wells Fargo & Company boosted 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 report on Thursday, December 12th. Deutsche Bank Aktiengesellschaft boosted their price target on shares of Janus Henderson Group from $42.00 to $44.00 and gave the company a “hold” rating in a report on Monday, November 11th. Evercore ISI lifted their price objective on Janus Henderson Group from $40.00 to $43.00 and gave the company an “in-line” rating in a research report on Thursday, November 7th. Morgan Stanley upped their target price on Janus Henderson Group from $39.00 to $42.00 and gave the stock an “equal weight” rating in a research report on Friday, October 18th. Finally, The Goldman Sachs Group lifted their price target on Janus Henderson Group from $36.00 to $37.00 and gave the company a “sell” rating in a report on Thursday, October 3rd. One equities research analyst has rated the stock with a sell rating, seven have assigned a hold rating and one has issued a buy rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Hold” and an average price target of $42.63.

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.