Huntington National Bank Grows Position in Janus Henderson Group plc (NYSE:JHG)

Huntington National Bank grew its stake in Janus Henderson Group plc (NYSE:JHG) by 89.7% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 2,312 shares of the company’s stock after buying an additional 1,093 shares during the quarter. Huntington National Bank’s holdings in Janus Henderson Group were worth $98,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Quarry LP increased its holdings in Janus Henderson Group by 203.6% in the 3rd quarter. Quarry LP now owns 759 shares of the company’s stock worth $29,000 after acquiring an additional 509 shares in 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 purchasing an additional 363 shares during the period. UMB Bank n.a. increased its stake 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 purchasing an additional 284 shares in the last quarter. Larson Financial Group LLC raised its position in shares of Janus Henderson Group by 33.9% during the 4th 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 lifted its stake in shares of Janus Henderson Group by 48.7% during the 4th quarter. EverSource Wealth Advisors LLC now owns 1,872 shares of the company’s stock valued at $80,000 after buying an additional 613 shares in the last quarter. Hedge funds and other institutional investors own 87.94% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities research analysts have issued reports on the company. StockNews.com lowered Janus Henderson Group from a “buy” rating to a “hold” rating in a research note on Tuesday, March 25th. Wells Fargo & Company lifted their target price on 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. JPMorgan Chase & Co. upgraded Janus Henderson Group from a “neutral” rating to an “overweight” rating and upped their price target for the stock from $44.00 to $53.00 in a research note on Wednesday, February 5th. UBS Group upgraded shares of Janus Henderson Group from a “neutral” rating to a “buy” rating and lifted their price objective for the company from $45.00 to $50.00 in a research report on Monday, February 24th. Finally, Bank of America upgraded 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 issued a buy rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold” and an average price target of $46.44.

Janus Henderson Group Price Performance

Janus Henderson Group stock opened at $30.18 on Monday. Janus Henderson Group plc has a 52-week low of $29.63 and a 52-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. The firm’s fifty day moving average is $40.32 and its 200 day moving average is $41.46. The company has a market cap of $4.75 billion, a price-to-earnings ratio of 11.79, a PEG ratio of 0.66 and a beta of 1.43.

Janus Henderson Group (NYSE:JHG) last announced its earnings results on Friday, January 31st. The company reported $1.07 earnings per share (EPS) for the quarter, beating 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 previous year, the business posted $0.82 EPS. Sell-side analysts forecast that Janus Henderson Group plc will post 3.75 EPS for the current fiscal year.

Janus Henderson Group Dividend Announcement

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

Janus Henderson Group 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.