C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors Takes $159,000 Position in Janus Henderson Group plc (NYSE:JHG)

C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors acquired a new stake in shares of Janus Henderson Group plc (NYSE:JHG) during the 4th quarter, HoldingsChannel.com reports. The institutional investor acquired 3,745 shares of the company’s stock, valued at approximately $159,000.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. KBC Group NV raised its position in shares of Janus Henderson Group by 63.6% during the 4th quarter. KBC Group NV now owns 4,546 shares of the company’s stock valued at $193,000 after buying an additional 1,768 shares in the last quarter. Mirae Asset Global Investments Co. Ltd. grew its holdings in shares of Janus Henderson Group by 17.8% during the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 92,218 shares of the company’s stock valued at $3,977,000 after purchasing an additional 13,942 shares during the last quarter. Merit Financial Group LLC bought a new position in shares of Janus Henderson Group during the 4th quarter valued at $413,000. Mutual of America Capital Management LLC grew its holdings in shares of Janus Henderson Group by 210.6% during the 3rd quarter. Mutual of America Capital Management LLC now owns 228,276 shares of the company’s stock valued at $8,690,000 after purchasing an additional 154,778 shares during the last quarter. Finally, Nordea Investment Management AB grew its holdings in shares of Janus Henderson Group by 6.9% during the 4th quarter. Nordea Investment Management AB now owns 233,601 shares of the company’s stock valued at $9,979,000 after purchasing an additional 14,996 shares during the last quarter. Hedge funds and other institutional investors own 87.94% of the company’s stock.

Analyst Ratings Changes

Several equities analysts recently commented on the stock. TD Cowen increased their target price on shares of Janus Henderson Group from $46.00 to $50.00 and gave the company a “buy” rating in a report on Friday, November 1st. Deutsche Bank Aktiengesellschaft increased their target price on shares of Janus Henderson Group from $42.00 to $44.00 and gave the company a “hold” rating in a report on Monday, November 11th. JPMorgan Chase & Co. raised 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 report on Wednesday, February 5th. UBS Group increased their target price on shares of Janus Henderson Group from $42.00 to $45.00 and gave the company a “neutral” rating in a report on Monday, February 3rd. Finally, Morgan Stanley increased their target price on shares of Janus Henderson Group from $46.00 to $48.00 and gave the company an “equal weight” rating in a report on Friday, December 20th. Seven equities research analysts have rated the stock with a hold rating and two have given a buy rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average price target of $46.75.

Janus Henderson Group Stock Down 2.2 %

Shares of Janus Henderson Group stock opened at $42.56 on Friday. The company has a debt-to-equity ratio of 0.08, a quick ratio of 2.08 and a current ratio of 3.08. The stock has a market capitalization of $6.77 billion, a PE ratio of 16.62, a price-to-earnings-growth ratio of 0.68 and a beta of 1.50. Janus Henderson Group plc has a 52-week low of $30.35 and a 52-week high of $46.68. The company has a 50-day simple moving average of $43.24 and a two-hundred day simple moving average of $40.96.

Janus Henderson Group (NYSE:JHG) last issued 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 in the previous year, the firm earned $0.82 earnings per share. On average, analysts anticipate that Janus Henderson Group plc will post 3.75 EPS for the current fiscal year.

Janus Henderson Group Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, February 27th. Investors of record on Tuesday, February 11th will be given a dividend of $0.39 per share. The ex-dividend date is Tuesday, February 11th. This represents a $1.56 dividend on an annualized basis and a yield of 3.67%. Janus Henderson Group’s dividend payout ratio (DPR) 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.