Janus Henderson Group plc (NYSE:JHG) Shares Acquired by Franklin Resources Inc.

Franklin Resources Inc. increased its holdings in Janus Henderson Group plc (NYSE:JHG) by 38.5% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 662,527 shares of the company’s stock after purchasing an additional 184,278 shares during the period. Franklin Resources Inc.’s holdings in Janus Henderson Group were worth $28,177,000 as of its most recent SEC filing.

Several other institutional investors have also recently added to or reduced their stakes in JHG. Quarry LP grew its holdings in Janus Henderson Group by 203.6% in the 3rd quarter. Quarry LP now owns 759 shares of the company’s stock valued at $29,000 after buying an additional 509 shares during the period. UMB Bank n.a. boosted its position in shares of Janus Henderson Group by 56.5% in the fourth quarter. UMB Bank n.a. now owns 787 shares of the company’s stock worth $33,000 after acquiring an additional 284 shares during the last quarter. Richardson Financial Services Inc. boosted its position in shares of Janus Henderson Group by 89.4% in the fourth quarter. Richardson Financial Services Inc. now owns 769 shares of the company’s stock worth $33,000 after acquiring an additional 363 shares during the last quarter. Larson Financial Group LLC grew its holdings in Janus Henderson Group by 33.9% in the fourth quarter. Larson Financial Group LLC now owns 1,137 shares of the company’s stock valued at $48,000 after purchasing an additional 288 shares during the period. Finally, EverSource Wealth Advisors LLC increased its position in Janus Henderson Group by 48.7% during the fourth quarter. EverSource Wealth Advisors LLC now owns 1,872 shares of the company’s stock worth $80,000 after purchasing an additional 613 shares during the last quarter. 87.94% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

JHG has been the topic of a number of research analyst reports. JPMorgan Chase & Co. upgraded shares of Janus Henderson Group from a “neutral” rating to an “overweight” rating and lifted their price target for the company from $44.00 to $53.00 in a report on Wednesday, February 5th. The Goldman Sachs Group reduced their target price on Janus Henderson Group from $47.00 to $41.00 and set a “neutral” rating on the stock in a report on Thursday. Wells Fargo & Company upped their price target on Janus Henderson Group from $43.00 to $46.00 and gave the stock an “equal weight” rating in a research note on Monday, February 3rd. StockNews.com cut Janus Henderson Group from a “buy” rating to a “hold” rating in a report on Tuesday, March 25th. Finally, Bank of America raised shares of Janus Henderson Group from a “neutral” rating to a “buy” rating and dropped their target price for the stock from $57.00 to $43.00 in a research report on Thursday. Six investment analysts have rated the stock with a hold rating and four have given a buy rating to the stock. Based on data from MarketBeat.com, Janus Henderson Group has a consensus rating of “Hold” and an average target price of $46.44.

Janus Henderson Group Stock Down 7.9 %

NYSE JHG opened at $30.18 on Friday. The stock has a market cap of $4.75 billion, a PE ratio of 11.79, a P/E/G ratio of 0.66 and a beta of 1.43. The business has a 50 day moving average price of $40.32 and a two-hundred day moving average price of $41.44. Janus Henderson Group plc has a fifty-two week low of $29.63 and a fifty-two week high of $46.68. The company has a quick ratio of 2.08, a current ratio of 3.08 and a debt-to-equity ratio of 0.08.

Janus Henderson Group (NYSE:JHG) last released its quarterly earnings results on Friday, January 31st. The company reported $1.07 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.94 by $0.13. Janus Henderson Group had a net margin of 16.38% and a return on equity of 12.18%. During the same quarter in the prior year, the business posted $0.82 EPS. As a group, sell-side analysts predict that Janus Henderson Group plc will post 3.75 EPS for the current fiscal year.

Janus Henderson Group Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, February 27th. Shareholders of record on Tuesday, February 11th were paid a dividend of $0.39 per share. The ex-dividend date of this dividend was Tuesday, February 11th. This represents a $1.56 dividend on an annualized basis and a yield of 5.17%. Janus Henderson Group’s dividend payout ratio (DPR) is presently 60.94%.

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.