Franklin Resources Inc. Acquires 50,221 Shares of Janus Henderson Group plc (NYSE:JHG)

Franklin Resources Inc. lifted its holdings in shares of Janus Henderson Group plc (NYSE:JHG) by 11.7% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 478,249 shares of the company’s stock after purchasing an additional 50,221 shares during the period. Franklin Resources Inc. owned 0.30% of Janus Henderson Group worth $19,106,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also bought and sold shares of JHG. Foundry Partners LLC acquired a new stake in shares of Janus Henderson Group in the second quarter valued at about $566,000. Dimensional Fund Advisors LP lifted its position in shares of Janus Henderson Group by 4.4% in the 2nd quarter. Dimensional Fund Advisors LP now owns 8,090,743 shares of the company’s stock worth $272,741,000 after purchasing an additional 344,582 shares during the period. WINTON GROUP Ltd boosted its stake in shares of Janus Henderson Group by 97.7% in the 2nd quarter. WINTON GROUP Ltd now owns 28,049 shares of the company’s stock valued at $946,000 after purchasing an additional 13,861 shares during the last quarter. Mutual of America Capital Management LLC raised its stake in Janus Henderson Group by 210.6% during the third quarter. Mutual of America Capital Management LLC now owns 228,276 shares of the company’s stock worth $8,690,000 after buying an additional 154,778 shares during the last quarter. Finally, AdvisorShares Investments LLC acquired a new position in Janus Henderson Group in the second quarter valued at $485,000. 87.94% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of brokerages have weighed in on JHG. Deutsche Bank Aktiengesellschaft increased their price target on Janus Henderson Group from $42.00 to $44.00 and gave the stock a “hold” rating in a report on Monday, November 11th. Morgan Stanley boosted their price target on 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. The Goldman Sachs Group increased their price target on Janus Henderson Group from $36.00 to $37.00 and gave the stock a “sell” rating in a report on Thursday, October 3rd. Evercore ISI raised their price target on shares of Janus Henderson Group from $40.00 to $43.00 and gave the stock an “in-line” rating in a report on Thursday, November 7th. Finally, TD Cowen upped their price objective on shares of Janus Henderson Group from $46.00 to $50.00 and gave the company a “buy” rating in a report on Friday, November 1st. One analyst has rated the stock with a sell rating, seven have given a hold rating and one has issued a buy rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and an average price target of $42.63.

Janus Henderson Group Stock Up 0.3 %

Janus Henderson Group stock opened at $41.70 on Friday. Janus Henderson Group plc has a fifty-two week low of $28.19 and a fifty-two week high of $45.74. The firm’s 50-day simple moving average is $43.00 and its 200 day simple moving average is $38.25. The company has a debt-to-equity ratio of 0.09, a quick ratio of 2.08 and a current ratio of 3.08. The stock has a market cap of $6.63 billion, a PE ratio of 16.48, a price-to-earnings-growth ratio of 0.62 and a beta of 1.48.

Janus Henderson Group (NYSE:JHG) last issued its quarterly earnings results on Thursday, October 31st. The company reported $0.91 earnings per share for the quarter, topping analysts’ consensus estimates 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 for the quarter, compared to the consensus estimate of $600.88 million. During the same period in the previous year, the firm earned $0.64 EPS. The firm’s quarterly revenue was up 19.9% on a year-over-year basis. Research analysts predict that Janus Henderson Group plc will post 3.43 EPS for the current fiscal year.

Janus Henderson Group Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, November 27th. Shareholders of record on Wednesday, November 27th were issued a dividend of $0.39 per share. This represents a $1.56 annualized dividend and a yield of 3.74%. The ex-dividend date was Wednesday, November 27th. Janus Henderson Group’s dividend payout ratio (DPR) is presently 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.