Richardson Financial Services Inc. Buys 363 Shares of Janus Henderson Group plc (NYSE:JHG)

Richardson Financial Services Inc. boosted its stake in Janus Henderson Group plc (NYSE:JHG) by 89.4% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm owned 769 shares of the company’s stock after acquiring an additional 363 shares during the period. Richardson Financial Services Inc.’s holdings in Janus Henderson Group were worth $33,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Sylvest Advisors LLC purchased a new position in Janus Henderson Group in the fourth quarter valued at approximately $464,000. Precision Wealth Strategies LLC lifted its position in shares of Janus Henderson Group by 14.0% during the 4th quarter. Precision Wealth Strategies LLC now owns 13,847 shares of the company’s stock valued at $589,000 after buying an additional 1,704 shares during the last quarter. BTC Capital Management Inc. increased its holdings in Janus Henderson Group by 10.8% in the 4th quarter. BTC Capital Management Inc. now owns 24,824 shares of the company’s stock worth $1,051,000 after acquiring an additional 2,423 shares during the last quarter. Foster & Motley Inc. raised its stake in Janus Henderson Group by 18.8% in the 4th quarter. Foster & Motley Inc. now owns 9,539 shares of the company’s stock valued at $406,000 after acquiring an additional 1,510 shares during the period. Finally, Robeco Institutional Asset Management B.V. lifted its stake in shares of Janus Henderson Group by 2.6% during the 4th quarter. Robeco Institutional Asset Management B.V. now owns 160,249 shares of the company’s stock valued at $6,815,000 after buying an additional 4,120 shares in the last quarter. 87.94% of the stock is currently owned by hedge funds and other institutional investors.

Janus Henderson Group Price Performance

Shares of Janus Henderson Group stock opened at $44.91 on Monday. The firm has a market cap of $7.14 billion, a PE ratio of 17.75, a price-to-earnings-growth ratio of 0.60 and a beta of 1.50. The company’s fifty day simple moving average is $43.34 and its two-hundred day simple moving average is $40.22. The company has a quick ratio of 2.08, a current ratio of 3.08 and a debt-to-equity ratio of 0.09. Janus Henderson Group plc has a 12-month low of $28.52 and a 12-month high of $45.74.

Janus Henderson Group (NYSE:JHG) last announced its quarterly earnings results on Friday, January 31st. The company reported $1.07 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.94 by $0.13. Janus Henderson Group had a return on equity of 11.49% and a net margin of 17.33%. During the same quarter in the prior year, the firm posted $0.82 EPS. As a group, equities analysts expect that Janus Henderson Group plc will post 3.42 EPS for the current year.

Janus Henderson Group Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, February 27th. Investors of record on Tuesday, February 11th will be issued 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 dividend yield of 3.47%. Janus Henderson Group’s dividend payout ratio is presently 60.94%.

Wall Street Analysts Forecast Growth

A number of analysts recently weighed in on JHG shares. Wells Fargo & Company decreased their target price on shares of 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. The Goldman Sachs Group upgraded shares of Janus Henderson Group from a “sell” rating to a “neutral” rating and increased their price target for the company from $42.00 to $45.00 in a research report on Monday, January 6th. Evercore ISI lifted their price target on shares of Janus Henderson Group from $40.00 to $43.00 and gave the stock an “in-line” rating in a research note on Thursday, November 7th. JPMorgan Chase & Co. cut their price objective on shares of Janus Henderson Group from $45.00 to $44.00 and set a “neutral” rating for the company in a research note on Tuesday, January 7th. Finally, TD Cowen lifted their target price on shares of Janus Henderson Group from $46.00 to $50.00 and gave the stock a “buy” rating in a research report on Friday, November 1st. Eight equities research analysts have rated the stock with a hold rating and one has assigned a buy rating to the company’s stock. According to MarketBeat.com, Janus Henderson Group presently has an average rating of “Hold” and an average price target of $44.75.

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.