Arete Wealth Advisors LLC Increases Stake in Janus Henderson Group plc (NYSE:JHG)

Arete Wealth Advisors LLC boosted its holdings in shares of Janus Henderson Group plc (NYSE:JHG) by 13.6% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 12,645 shares of the company’s stock after buying an additional 1,518 shares during the quarter. Arete Wealth Advisors LLC’s holdings in Janus Henderson Group were worth $538,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in JHG. Vanguard Group Inc. raised its stake in shares of Janus Henderson Group by 1.5% in the fourth quarter. Vanguard Group Inc. now owns 14,148,813 shares of the company’s stock valued at $601,749,000 after acquiring an additional 203,330 shares in the last quarter. Charles Schwab Investment Management Inc. raised its position in Janus Henderson Group by 3.3% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 4,593,441 shares of the company’s stock valued at $195,359,000 after purchasing an additional 147,362 shares in the last quarter. Geode Capital Management LLC boosted its stake in shares of Janus Henderson Group by 0.6% in the 3rd quarter. Geode Capital Management LLC now owns 2,124,618 shares of the company’s stock valued at $80,907,000 after buying an additional 12,884 shares during the period. Principal Financial Group Inc. grew its position in shares of Janus Henderson Group by 28.9% during the third quarter. Principal Financial Group Inc. now owns 2,081,630 shares of the company’s stock worth $79,248,000 after buying an additional 467,049 shares in the last quarter. Finally, Norges Bank purchased a new stake in shares of Janus Henderson Group during the fourth quarter worth approximately $83,525,000. Hedge funds and other institutional investors own 87.94% of the company’s stock.

Janus Henderson Group Trading Down 7.9 %

NYSE:JHG opened at $30.18 on Friday. The company has a quick ratio of 2.08, a current ratio of 3.08 and a debt-to-equity ratio of 0.08. Janus Henderson Group plc has a 52-week low of $29.63 and a 52-week high of $46.68. The stock’s 50 day moving average price is $40.32 and its 200 day moving average price is $41.44. The company has a market capitalization of $4.75 billion, a PE ratio of 11.79, a P/E/G 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 EPS for the quarter, beating analysts’ consensus estimates 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 business posted $0.82 EPS. On average, research analysts anticipate that Janus Henderson Group plc will post 3.75 EPS for the current year.

Janus Henderson Group Dividend Announcement

The firm 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. The ex-dividend date was Tuesday, February 11th. This represents a $1.56 dividend on an annualized basis and a dividend yield of 5.17%. Janus Henderson Group’s payout ratio is 60.94%.

Analyst Ratings Changes

A number of research analysts recently issued reports on JHG shares. Morgan Stanley lifted their price target on shares of Janus Henderson Group from $46.00 to $48.00 and gave the stock an “equal weight” rating in a research note on Friday, December 20th. StockNews.com downgraded shares of Janus Henderson Group from a “buy” rating to a “hold” rating in a research note on Tuesday, March 25th. Bank of America raised Janus Henderson Group from a “neutral” rating to a “buy” rating and dropped their target price for the company from $57.00 to $43.00 in a report on Thursday. Wells Fargo & Company lifted their price target on Janus Henderson Group from $43.00 to $46.00 and gave the stock an “equal weight” rating in a report on Monday, February 3rd. Finally, UBS Group upgraded Janus Henderson Group from a “neutral” rating to a “buy” rating and increased their price objective for the company from $45.00 to $50.00 in a report on Monday, February 24th. Six investment analysts have rated the stock with a hold rating and four have given a buy rating to the company. According to MarketBeat.com, Janus Henderson Group presently has a consensus rating of “Hold” and an average price target of $46.44.

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.