Commerce Bank Sells 1,896 Shares of Janus Henderson Group plc (NYSE:JHG)

Commerce Bank reduced its position in shares of Janus Henderson Group plc (NYSE:JHG) by 9.9% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 17,346 shares of the company’s stock after selling 1,896 shares during the quarter. Commerce Bank’s holdings in Janus Henderson Group were worth $738,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Richardson Financial Services Inc. grew its position in 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 buying an additional 363 shares during the period. UMB Bank n.a. boosted its stake 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 worth $33,000 after acquiring an additional 284 shares during the last quarter. Larson Financial Group LLC grew 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 acquiring an additional 288 shares during the period. Bessemer Group Inc. increased its stake in shares of Janus Henderson Group by 825.2% in the 4th quarter. Bessemer Group Inc. now owns 1,286 shares of the company’s stock worth $55,000 after purchasing an additional 1,147 shares in the last quarter. Finally, EverSource Wealth Advisors LLC raised its holdings in 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 purchasing an additional 613 shares during the period. Hedge funds and other institutional investors own 87.94% of the company’s stock.

Janus Henderson Group Trading Up 4.5 %

Shares of JHG stock opened at $30.93 on Wednesday. The stock’s 50-day moving average price is $36.56 and its 200-day moving average price is $40.70. Janus Henderson Group plc has a 12-month low of $28.26 and a 12-month high of $46.68. The stock has a market capitalization of $4.87 billion, a price-to-earnings ratio of 12.08, a price-to-earnings-growth ratio of 0.66 and a beta of 1.43. The company has a current ratio of 3.08, a quick ratio of 2.08 and a debt-to-equity ratio of 0.08.

Janus Henderson Group (NYSE:JHG) last issued its quarterly earnings data 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 return on equity of 12.18% and a net margin of 16.38%. During the same quarter in the previous year, the business posted $0.82 EPS. Equities research analysts predict that Janus Henderson Group plc will post 3.75 EPS for the current fiscal year.

Janus Henderson Group Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, February 27th. Shareholders of record on Tuesday, February 11th were paid a $0.39 dividend. The ex-dividend date was Tuesday, February 11th. This represents a $1.56 dividend on an annualized basis and a dividend yield of 5.04%. Janus Henderson Group’s payout ratio is currently 60.94%.

Analysts Set New Price Targets

A number of brokerages have commented on JHG. UBS Group upgraded Janus Henderson Group from a “neutral” rating to a “buy” rating and upped their price target for the stock from $45.00 to $50.00 in a research report on Monday, February 24th. JPMorgan Chase & Co. upgraded shares of Janus Henderson Group from a “neutral” rating to an “overweight” rating and raised their target price for the stock from $44.00 to $53.00 in a research note on Wednesday, February 5th. Bank of America upgraded shares of Janus Henderson Group from a “neutral” rating to a “buy” rating and dropped their price target for the stock from $57.00 to $43.00 in a research report on Thursday, April 3rd. StockNews.com downgraded shares of Janus Henderson Group from a “buy” rating to a “hold” rating in a research report on Tuesday, March 25th. Finally, Wells Fargo & Company dropped their target price on shares of Janus Henderson Group from $46.00 to $36.00 and set an “equal weight” rating for the company in a report on Tuesday, April 8th. Six investment analysts have rated the stock with a hold rating and four have issued a buy rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and an average price target of $44.22.

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.