Intech Investment Management LLC Increases Stock Position in Janus Henderson Group plc (NYSE:JHG)

Intech Investment Management LLC increased its holdings in shares of Janus Henderson Group plc (NYSE:JHG) by 164.8% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 276,177 shares of the company’s stock after purchasing an additional 171,866 shares during the period. Intech Investment Management LLC owned 0.17% of Janus Henderson Group worth $11,746,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also recently added to or reduced their stakes in the company. Charles Schwab Investment Management Inc. raised its stake in shares of Janus Henderson Group by 3.3% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 4,593,441 shares of the company’s stock valued at $195,359,000 after purchasing an additional 147,362 shares in the last quarter. Geode Capital Management LLC lifted its position in Janus Henderson Group by 0.6% in the 3rd quarter. Geode Capital Management LLC now owns 2,124,618 shares of the company’s stock worth $80,907,000 after buying an additional 12,884 shares in the last quarter. Principal Financial Group Inc. lifted its position in Janus Henderson Group by 28.9% in the 3rd quarter. Principal Financial Group Inc. now owns 2,081,630 shares of the company’s stock worth $79,248,000 after buying an additional 467,049 shares in the last quarter. Allianz Asset Management GmbH raised its holdings in shares of Janus Henderson Group by 32.5% during the 4th quarter. Allianz Asset Management GmbH now owns 1,927,318 shares of the company’s stock valued at $81,969,000 after purchasing an additional 473,143 shares in the last quarter. Finally, Bank of New York Mellon Corp raised its holdings in shares of Janus Henderson Group by 3.1% during the 4th quarter. Bank of New York Mellon Corp now owns 1,064,556 shares of the company’s stock valued at $45,276,000 after purchasing an additional 32,346 shares in the last quarter. 87.94% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several research analysts have recently issued reports on JHG shares. UBS Group upgraded shares of Janus Henderson Group from a “neutral” rating to a “buy” rating and boosted their price objective for the stock from $45.00 to $50.00 in a report on Monday, February 24th. StockNews.com raised shares of Janus Henderson Group from a “hold” rating to a “buy” rating in a research note on Monday, March 3rd. JPMorgan Chase & Co. upgraded shares of Janus Henderson Group from a “neutral” rating to an “overweight” rating and boosted their price target for the company from $44.00 to $53.00 in a research report on Wednesday, February 5th. Morgan Stanley boosted their price target on shares of Janus Henderson Group from $46.00 to $48.00 and gave the company an “equal weight” rating in a research report on Friday, December 20th. Finally, The Goldman Sachs Group upgraded shares of Janus Henderson Group from a “sell” rating to a “neutral” rating and upped their target price for the stock from $42.00 to $45.00 in a research report on Monday, January 6th. Five analysts have rated the stock with a hold rating and four have given a buy rating to the stock. According to MarketBeat.com, Janus Henderson Group presently has an average rating of “Hold” and a consensus target price of $47.38.

Janus Henderson Group Stock Performance

NYSE:JHG opened at $37.71 on Tuesday. The firm has a market capitalization of $5.94 billion, a P/E ratio of 14.73, a P/E/G ratio of 0.66 and a beta of 1.49. The company has a fifty day moving average of $42.00 and a 200-day moving average of $41.49. 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 twelve month low of $30.35 and a twelve month high of $46.68.

Janus Henderson Group (NYSE:JHG) last posted its 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 period last year, the business posted $0.82 earnings per share. As a group, sell-side analysts anticipate that Janus Henderson Group plc will post 3.75 EPS for the current year.

Janus Henderson Group Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, February 27th. Shareholders of record on Tuesday, February 11th were issued a dividend of $0.39 per share. This represents a $1.56 annualized dividend and a yield of 4.14%. The ex-dividend date was Tuesday, February 11th. Janus Henderson Group’s dividend payout ratio (DPR) is presently 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.