Renaissance Group LLC Makes New $5.44 Million Investment in Janus Henderson Group plc (NYSE:JHG)

Renaissance Group LLC purchased a new stake in Janus Henderson Group plc (NYSE:JHG) in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor purchased 127,902 shares of the company’s stock, valued at approximately $5,440,000.

A number of other hedge funds and other institutional investors have also made changes to their positions in JHG. FMR LLC increased its position in shares of Janus Henderson Group by 15.9% during the 3rd quarter. FMR LLC now owns 47,163 shares of the company’s stock worth $1,796,000 after purchasing an additional 6,472 shares during the last quarter. Captrust Financial Advisors purchased a new position in Janus Henderson Group during the third quarter worth about $308,000. Verition Fund Management LLC raised its stake in shares of Janus Henderson Group by 156.1% in the 3rd quarter. Verition Fund Management LLC now owns 24,505 shares of the company’s stock valued at $933,000 after acquiring an additional 14,935 shares during the period. HighTower Advisors LLC lifted its holdings in shares of Janus Henderson Group by 161.9% in the 3rd quarter. HighTower Advisors LLC now owns 15,836 shares of the company’s stock worth $598,000 after acquiring an additional 9,790 shares during the last quarter. Finally, Quarry LP boosted its position in shares of Janus Henderson Group by 203.6% during the 3rd quarter. Quarry LP now owns 759 shares of the company’s stock worth $29,000 after purchasing an additional 509 shares during the period. Institutional investors and hedge funds own 87.94% of the company’s stock.

Analysts Set New Price Targets

JHG has been the topic of a number of research analyst reports. Morgan Stanley boosted their target price on 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. UBS Group upgraded Janus Henderson Group from a “neutral” rating to a “buy” rating and boosted their price objective for the company from $45.00 to $50.00 in a report on Monday, February 24th. Bank of America upgraded Janus Henderson Group from a “neutral” rating to a “buy” rating and lowered their target price for the company from $57.00 to $43.00 in a report on Thursday, April 3rd. JPMorgan Chase & Co. raised shares of Janus Henderson Group from a “neutral” rating to an “overweight” rating and increased their price target for the stock from $44.00 to $53.00 in a research report on Wednesday, February 5th. Finally, Wells Fargo & Company increased their target price on shares of Janus Henderson Group from $43.00 to $46.00 and gave the stock an “equal weight” rating in a report on Monday, February 3rd. Six research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. Based on data from MarketBeat, Janus Henderson Group has a consensus rating of “Hold” and an average target price of $46.44.

Janus Henderson Group Trading Down 1.9 %

Shares of Janus Henderson Group stock opened at $29.62 on Tuesday. The company has a fifty day simple moving average of $40.06 and a 200-day simple moving average of $41.40. Janus Henderson Group plc has a 12-month low of $28.26 and a 12-month high of $46.68. The company has a current ratio of 3.08, a quick ratio of 2.08 and a debt-to-equity ratio of 0.08. The stock has a market cap of $4.67 billion, a price-to-earnings ratio of 11.57, a PEG ratio of 0.66 and a beta of 1.43.

Janus Henderson Group (NYSE:JHG) last released its quarterly earnings results on Friday, January 31st. The company reported $1.07 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 period in the prior year, the business posted $0.82 earnings per share. On average, equities analysts forecast that Janus Henderson Group plc will post 3.75 EPS for the current fiscal year.

Janus Henderson Group Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, February 27th. Shareholders of record on Tuesday, February 11th were paid a dividend of $0.39 per share. This represents a $1.56 annualized dividend and a yield of 5.27%. The ex-dividend date was Tuesday, February 11th. Janus Henderson Group’s dividend payout ratio 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.