Kingsview Wealth Management LLC Increases Stock Position in Janus Henderson Group plc (NYSE:JHG)

Kingsview Wealth Management LLC raised its position in Janus Henderson Group plc (NYSE:JHG) by 1.4% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 86,921 shares of the company’s stock after buying an additional 1,170 shares during the period. Kingsview Wealth Management LLC owned about 0.05% of Janus Henderson Group worth $3,697,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Quarry LP increased its stake in shares of 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 purchasing an additional 509 shares in the last quarter. UMB Bank n.a. lifted its position in shares of Janus Henderson Group by 56.5% during the 4th quarter. UMB Bank n.a. now owns 787 shares of the company’s stock valued at $33,000 after buying an additional 284 shares in the last quarter. Richardson Financial Services Inc. grew its stake in Janus Henderson Group by 89.4% in the 4th quarter. Richardson Financial Services Inc. now owns 769 shares of the company’s stock valued at $33,000 after acquiring an additional 363 shares during the period. Huntington National Bank increased its holdings in Janus Henderson Group by 24.5% in the 3rd quarter. Huntington National Bank now owns 1,219 shares of the company’s stock worth $46,000 after acquiring an additional 240 shares in the last quarter. Finally, Addison Advisors LLC raised its position in Janus Henderson Group by 103.4% during the third quarter. Addison Advisors LLC now owns 1,263 shares of the company’s stock worth $48,000 after acquiring an additional 642 shares during the period. Hedge funds and other institutional investors own 87.94% of the company’s stock.

Analyst Upgrades and Downgrades

A number of analysts have recently commented on the stock. Morgan Stanley boosted their target price on shares of Janus Henderson Group from $46.00 to $48.00 and gave the stock an “equal weight” rating in a research note on Friday, December 20th. UBS Group lifted their price target on Janus Henderson Group from $42.00 to $45.00 and gave the stock a “neutral” rating in a research note on Monday, February 3rd. Evercore ISI increased their price objective 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. TD Cowen lifted their target price on shares of Janus Henderson Group from $46.00 to $50.00 and gave the stock a “buy” rating in a research note on Friday, November 1st. Finally, JPMorgan Chase & Co. upgraded shares of Janus Henderson Group from a “neutral” rating to an “overweight” rating and increased their target price for the company from $44.00 to $53.00 in a research report on Wednesday, February 5th. Seven investment analysts have rated the stock with a hold rating and two have assigned a buy rating to the stock. Based on data from MarketBeat.com, Janus Henderson Group has an average rating of “Hold” and an average target price of $46.75.

Janus Henderson Group Trading Down 1.1 %

JHG opened at $45.32 on Monday. The firm has a market cap of $7.21 billion, a price-to-earnings ratio of 17.70, a price-to-earnings-growth ratio of 0.71 and a beta of 1.50. The business’s 50 day moving average is $43.32 and its two-hundred day moving average is $40.55. 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 plc has a 52 week low of $29.64 and a 52 week high of $46.68.

Janus Henderson Group (NYSE:JHG) last posted its quarterly earnings results on Friday, January 31st. The company reported $1.07 earnings per share 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 quarter in the previous year, the firm posted $0.82 EPS. On average, research analysts predict that Janus Henderson Group plc will post 3.74 EPS for the current year.

Janus Henderson Group Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, February 27th. Investors 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 3.44%. The ex-dividend date of this dividend is Tuesday, February 11th. Janus Henderson Group’s payout ratio is 60.94%.

Janus Henderson Group Company 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.