Mitsubishi UFJ Trust & Banking Corp Increases Stock Position in Janus Henderson Group plc (NYSE:JHG)

Mitsubishi UFJ Trust & Banking Corp grew its holdings in shares of Janus Henderson Group plc (NYSE:JHG) by 14.6% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 260,751 shares of the company’s stock after buying an additional 33,223 shares during the period. Mitsubishi UFJ Trust & Banking Corp owned 0.16% of Janus Henderson Group worth $11,090,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the business. Quarry LP lifted its position in Janus Henderson Group by 203.6% during the 3rd quarter. Quarry LP now owns 759 shares of the company’s stock valued at $29,000 after acquiring an additional 509 shares during the period. UMB Bank n.a. increased its stake in shares of Janus Henderson Group by 56.5% during the fourth quarter. UMB Bank n.a. now owns 787 shares of the company’s stock valued at $33,000 after purchasing an additional 284 shares in the last quarter. Richardson Financial Services Inc. lifted its holdings in shares of Janus Henderson Group by 89.4% during the fourth quarter. Richardson Financial Services Inc. now owns 769 shares of the company’s stock valued at $33,000 after purchasing an additional 363 shares during the last quarter. Larson Financial Group LLC boosted its position in shares of Janus Henderson Group by 33.9% in the 4th quarter. Larson Financial Group LLC now owns 1,137 shares of the company’s stock worth $48,000 after purchasing an additional 288 shares in the last quarter. Finally, EverSource Wealth Advisors LLC grew its stake in shares of Janus Henderson Group by 48.7% in the 4th quarter. EverSource Wealth Advisors LLC now owns 1,872 shares of the company’s stock worth $80,000 after buying an additional 613 shares during the last quarter. 87.94% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of research analysts have issued reports on JHG shares. Morgan Stanley lifted their price objective on 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. The Goldman Sachs Group raised Janus Henderson Group from a “sell” rating to a “neutral” rating and lifted their price target for the stock from $42.00 to $45.00 in a research report on Monday, January 6th. Wells Fargo & Company raised their price objective on shares of Janus Henderson Group from $43.00 to $46.00 and gave the company an “equal weight” rating in a research note on Monday, February 3rd. StockNews.com downgraded shares of Janus Henderson Group from a “buy” rating to a “hold” rating in a research note on Tuesday, March 25th. Finally, JPMorgan Chase & Co. raised shares of Janus Henderson Group from a “neutral” rating to an “overweight” rating and raised their price target for the company from $44.00 to $53.00 in a research report on Wednesday, February 5th. Six investment analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Hold” and an average price target of $47.38.

Janus Henderson Group Stock Performance

Shares of JHG stock opened at $35.97 on Friday. The company has a quick ratio of 2.08, a current ratio of 3.08 and a debt-to-equity ratio of 0.08. The company has a 50 day moving average price of $41.20 and a 200-day moving average price of $41.51. Janus Henderson Group plc has a 52 week low of $30.35 and a 52 week high of $46.68. The firm has a market capitalization of $5.67 billion, a PE ratio of 14.05, a P/E/G ratio of 0.66 and a beta of 1.49.

Janus Henderson Group (NYSE:JHG) last posted its earnings results on Friday, January 31st. The company reported $1.07 EPS for the quarter, topping analysts’ consensus estimates 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 period in the prior year, the firm posted $0.82 earnings per share. As a group, equities research analysts expect that Janus Henderson Group plc will post 3.75 earnings per share for the current year.

Janus Henderson Group Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, February 27th. Investors of record on Tuesday, February 11th were given a dividend of $0.39 per share. This represents a $1.56 dividend on an annualized basis and a yield of 4.34%. The ex-dividend date was Tuesday, February 11th. 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.