Foundations Investment Advisors LLC Takes $219,000 Position in Janus Henderson Group plc (NYSE:JHG)

Foundations Investment Advisors LLC purchased a new position in shares of Janus Henderson Group plc (NYSE:JHG) during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 5,151 shares of the company’s stock, valued at approximately $219,000.

Several other hedge funds and other institutional investors have also bought and sold shares of the business. Merit Financial Group LLC acquired a new position in shares of Janus Henderson Group during the 4th quarter worth approximately $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 worth $8,690,000 after buying an additional 154,778 shares in the last quarter. Verition Fund Management LLC increased its stake in Janus Henderson Group by 156.1% during the 3rd quarter. Verition Fund Management LLC now owns 24,505 shares of the company’s stock worth $933,000 after acquiring an additional 14,935 shares during the period. Nordea Investment Management AB raised its holdings in Janus Henderson Group by 6.9% in the 4th quarter. Nordea Investment Management AB now owns 233,601 shares of the company’s stock valued at $9,979,000 after acquiring an additional 14,996 shares in the last quarter. Finally, Dynamic Technology Lab Private Ltd bought a new stake in shares of Janus Henderson Group during the 3rd quarter valued at $1,207,000. Institutional investors and hedge funds own 87.94% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research analysts recently commented on the company. Evercore ISI boosted their price target on Janus Henderson Group from $40.00 to $43.00 and gave the company an “in-line” rating in a research note on Thursday, November 7th. JPMorgan Chase & Co. reduced their price target on shares of Janus Henderson Group from $45.00 to $44.00 and set a “neutral” rating on the stock in a research report on Tuesday, January 7th. The Goldman Sachs Group upgraded shares of Janus Henderson Group from a “sell” rating to a “neutral” rating and boosted their price objective for the company from $42.00 to $45.00 in a research report on Monday, January 6th. Morgan Stanley raised their target price on Janus Henderson Group from $46.00 to $48.00 and gave the company an “equal weight” rating in a report on Friday, December 20th. Finally, Deutsche Bank Aktiengesellschaft boosted 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. Eight equities research analysts have rated the stock with a hold rating and one has given a buy rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus target price of $44.75.

Janus Henderson Group Trading Up 2.9 %

Shares of JHG stock opened at $44.91 on Friday. 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 market capitalization of $7.14 billion, a P/E ratio of 17.75, a P/E/G ratio of 0.60 and a beta of 1.50. Janus Henderson Group plc has a twelve month low of $28.52 and a twelve month high of $45.74. The stock’s fifty day simple moving average is $43.34 and its 200 day simple moving average is $40.13.

Janus Henderson Group (NYSE:JHG) last released its quarterly earnings results on Friday, January 31st. The company reported $1.07 earnings per share for the quarter, topping the consensus estimate of $0.94 by $0.13. Janus Henderson Group had a return on equity of 11.49% and a net margin of 17.33%. During the same quarter in the previous year, the company earned $0.82 EPS. As a group, sell-side analysts predict that Janus Henderson Group plc will post 3.42 EPS for the current fiscal year.

Janus Henderson Group Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, February 27th. Stockholders of record on Tuesday, February 11th will be paid a dividend of $0.39 per share. This represents a $1.56 annualized dividend and a dividend yield of 3.47%. Janus Henderson Group’s 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.