State Street Corp Grows Stock Holdings in Janus Henderson Group plc (NYSE:JHG)

State Street Corp increased its stake in Janus Henderson Group plc (NYSE:JHG) by 0.1% during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 4,858,007 shares of the company’s stock after acquiring an additional 6,928 shares during the period. State Street Corp owned approximately 3.06% of Janus Henderson Group worth $184,944,000 as of its most recent SEC filing.

A number of other hedge funds also recently made changes to their positions in the stock. Quarry LP grew its holdings 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. Larson Financial Group LLC raised its position in shares of Janus Henderson Group by 401.6% in the 2nd quarter. Larson Financial Group LLC now owns 1,249 shares of the company’s stock valued at $42,000 after purchasing an additional 1,000 shares in the last quarter. Huntington National Bank boosted its stake in Janus Henderson Group by 24.5% during the 3rd quarter. Huntington National Bank now owns 1,219 shares of the company’s stock valued at $46,000 after acquiring an additional 240 shares during the last quarter. Addison Advisors LLC lifted its position in shares of Janus Henderson Group by 103.4% during the third quarter. Addison Advisors LLC now owns 1,263 shares of the company’s stock worth $48,000 after purchasing an additional 642 shares during the last quarter. Finally, Farther Finance Advisors LLC grew its position in shares of Janus Henderson Group by 70.6% in the 3rd quarter. Farther Finance Advisors LLC now owns 1,390 shares of the company’s stock worth $53,000 after acquiring an additional 575 shares in the last quarter. Institutional investors and hedge funds own 87.94% of the company’s stock.

Analysts Set New Price Targets

Several research firms have recently commented on JHG. Wells Fargo & Company lifted their price target on shares of Janus Henderson Group from $41.00 to $45.00 and gave the company an “equal weight” rating in a report on Thursday. Evercore ISI boosted their target price on Janus Henderson Group from $40.00 to $43.00 and gave the stock an “in-line” rating in a report on Thursday, November 7th. StockNews.com downgraded shares of Janus Henderson Group from a “buy” rating to a “hold” rating in a report on Friday, August 16th. Deutsche Bank Aktiengesellschaft raised their price objective on Janus Henderson Group from $42.00 to $44.00 and gave the stock a “hold” rating in a research note on Monday, November 11th. Finally, UBS Group lifted their target price on shares of Janus Henderson Group from $37.00 to $41.00 and gave the stock a “neutral” rating in a research report on Tuesday, October 22nd. One research analyst has rated the stock with a sell rating, seven have assigned a hold rating and one has assigned a buy rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Hold” and a consensus price target of $42.63.

Janus Henderson Group Stock Performance

Shares of JHG stock opened at $44.14 on Friday. The firm has a market cap of $7.02 billion, a P/E ratio of 17.45, a PEG ratio of 0.58 and a beta of 1.48. The stock’s 50-day moving average is $42.46 and its two-hundred day moving average is $37.88. The company has a debt-to-equity ratio of 0.09, a current ratio of 3.08 and a quick ratio of 2.08. Janus Henderson Group plc has a fifty-two week low of $27.63 and a fifty-two week high of $45.74.

Janus Henderson Group (NYSE:JHG) last posted its earnings results on Thursday, October 31st. The company reported $0.91 earnings per share for the quarter, beating the consensus estimate of $0.80 by $0.11. The company had revenue of $624.80 million for the quarter, compared to analyst estimates of $600.88 million. Janus Henderson Group had a return on equity of 11.49% and a net margin of 17.33%. The business’s revenue was up 19.9% compared to the same quarter last year. During the same period last year, the company earned $0.64 earnings per share. Analysts predict that Janus Henderson Group plc will post 3.43 earnings per share for the current fiscal year.

Janus Henderson Group Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, November 27th. Stockholders of record on Wednesday, November 27th were given a $0.39 dividend. This represents a $1.56 annualized dividend and a dividend yield of 3.53%. The ex-dividend date of this dividend was Wednesday, November 27th. Janus Henderson Group’s dividend payout ratio is currently 61.66%.

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.