1834 Investment Advisors Co. Has $2.97 Million Stake in Janus Henderson Group plc (NYSE:JHG)

1834 Investment Advisors Co. reduced its holdings in shares of Janus Henderson Group plc (NYSE:JHG) by 26.7% in the fourth quarter, HoldingsChannel.com reports. The fund owned 69,764 shares of the company’s stock after selling 25,372 shares during the quarter. 1834 Investment Advisors Co.’s holdings in Janus Henderson Group were worth $2,967,000 at the end of the most recent quarter.

Other hedge funds have also recently made changes to their positions in the company. Quarry LP grew its stake in Janus Henderson Group by 203.6% during the third quarter. Quarry LP now owns 759 shares of the company’s stock worth $29,000 after purchasing an additional 509 shares during the period. UMB Bank n.a. increased its stake in Janus Henderson Group by 56.5% in the fourth quarter. UMB Bank n.a. now owns 787 shares of the company’s stock valued at $33,000 after purchasing an additional 284 shares in the last quarter. Huntington National Bank raised its holdings in shares of Janus Henderson Group by 24.5% during the third quarter. Huntington National Bank now owns 1,219 shares of the company’s stock valued at $46,000 after purchasing an additional 240 shares during the period. Addison Advisors LLC boosted its position in shares of Janus Henderson Group by 103.4% during the 3rd quarter. Addison Advisors LLC now owns 1,263 shares of the company’s stock worth $48,000 after purchasing an additional 642 shares in the last quarter. Finally, Farther Finance Advisors LLC grew its stake 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 valued at $53,000 after buying an additional 575 shares during the period. 87.94% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

Several research analysts have issued reports on JHG shares. Wells Fargo & Company cut their price target on Janus Henderson Group from $45.00 to $43.00 and set an “equal weight” rating on the stock in a report on Tuesday, January 14th. Deutsche Bank Aktiengesellschaft upped their target price on Janus Henderson Group from $42.00 to $44.00 and gave the stock a “hold” rating in a research report on Monday, November 11th. The Goldman Sachs Group raised shares of Janus Henderson Group from a “sell” rating to a “neutral” rating and lifted their price target for the company from $42.00 to $45.00 in a research report on Monday, January 6th. Evercore ISI upped their price objective on shares of Janus Henderson Group from $40.00 to $43.00 and gave the stock an “in-line” rating in a report on Thursday, November 7th. Finally, UBS Group lifted their price objective on shares of Janus Henderson Group from $37.00 to $41.00 and gave the company a “neutral” rating in a report on Tuesday, October 22nd. Eight equities research analysts have rated the stock with a hold rating and one has assigned a buy rating to the company. Based on data from MarketBeat, the company presently has an average rating of “Hold” and a consensus target price of $44.75.

Janus Henderson Group Stock Down 0.2 %

JHG opened at $43.47 on Friday. Janus Henderson Group plc has a fifty-two week low of $28.52 and a fifty-two week high of $45.74. The firm has a market capitalization of $6.91 billion, a P/E ratio of 17.18, a PEG ratio of 0.59 and a beta of 1.50. The company’s 50-day moving average is $43.42 and its 200 day moving average is $39.90. 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 (NYSE:JHG) last posted its earnings results on Thursday, October 31st. The company reported $0.91 EPS for the quarter, topping the consensus estimate of $0.80 by $0.11. The firm had revenue of $624.80 million for the quarter, compared to analysts’ expectations of $600.88 million. Janus Henderson Group had a net margin of 17.33% and a return on equity of 11.49%. The company’s quarterly revenue was up 19.9% compared to the same quarter last year. During the same quarter last year, the firm earned $0.64 EPS. Research analysts expect that Janus Henderson Group plc will post 3.43 earnings per share for the current fiscal year.

Janus Henderson Group Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, November 27th. Shareholders of record on Wednesday, November 27th were paid a $0.39 dividend. The ex-dividend date of this dividend was Wednesday, November 27th. This represents a $1.56 dividend on an annualized basis and a yield of 3.59%. Janus Henderson Group’s dividend payout ratio (DPR) is presently 61.66%.

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.