Los Angeles Capital Management LLC boosted its stake in Janus Henderson Group plc (NYSE:JHG – Free Report) by 53.5% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 223,684 shares of the company’s stock after purchasing an additional 78,004 shares during the quarter. Los Angeles Capital Management LLC owned about 0.14% of Janus Henderson Group worth $9,513,000 as of its most recent filing with the SEC.
Several other institutional investors and hedge funds have also recently bought and sold shares of the stock. KBC Group NV grew its stake in shares of Janus Henderson Group by 63.6% during the 4th quarter. KBC Group NV now owns 4,546 shares of the company’s stock valued at $193,000 after buying an additional 1,768 shares during the period. Mirae Asset Global Investments Co. Ltd. boosted its holdings 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 valued at $3,977,000 after acquiring an additional 13,942 shares during the last quarter. Merit Financial Group LLC acquired a new position in Janus Henderson Group in the fourth quarter valued at $413,000. Mutual of America Capital Management LLC grew its position 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 valued at $8,690,000 after acquiring an additional 154,778 shares during the period. Finally, Nordea Investment Management AB increased 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 acquiring an additional 14,996 shares during the last quarter. Institutional investors and hedge funds own 87.94% of the company’s stock.
Janus Henderson Group Trading Up 0.2 %
NYSE JHG opened at $41.98 on Thursday. The stock has a market cap of $6.67 billion, a P/E ratio of 16.40, a PEG ratio of 0.66 and a beta of 1.50. The company’s fifty day simple moving average is $43.10 and its 200-day simple moving average is $41.24. The company has a current ratio of 3.08, a quick ratio of 2.08 and a debt-to-equity ratio of 0.08. Janus Henderson Group plc has a 52 week low of $30.35 and a 52 week high of $46.68.
Janus Henderson Group Dividend Announcement
The firm also recently declared a quarterly dividend, which will be paid on Thursday, February 27th. Investors of record on Tuesday, February 11th will be issued a $0.39 dividend. This represents a $1.56 dividend on an annualized basis and a yield of 3.72%. The ex-dividend date of this dividend is Tuesday, February 11th. Janus Henderson Group’s dividend payout ratio is currently 60.94%.
Wall Street Analyst Weigh In
Several equities analysts have recently weighed in on the company. TD Cowen lifted their price objective on Janus Henderson Group from $46.00 to $50.00 and gave the company a “buy” rating in a research note on Friday, November 1st. The Goldman Sachs Group upgraded shares of Janus Henderson Group from a “sell” rating to a “neutral” rating and raised their price target for the company from $42.00 to $45.00 in a report on Monday, January 6th. Deutsche Bank Aktiengesellschaft boosted their price objective on shares of Janus Henderson Group from $42.00 to $44.00 and gave the stock a “hold” rating in a research note on Monday, November 11th. Morgan Stanley raised their target price on shares of Janus Henderson Group from $46.00 to $48.00 and gave the company an “equal weight” rating in a research note on Friday, December 20th. Finally, UBS Group upgraded shares of Janus Henderson Group from a “neutral” rating to a “buy” rating and lifted their target price for the company from $45.00 to $50.00 in a report on Monday. Six research analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Hold” and an average price target of $47.38.
Get Our Latest Stock Report on JHG
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.
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