Prudential Financial Inc. Sells 14,638 Shares of Janus Henderson Group plc (NYSE:JHG)

Prudential Financial Inc. lowered its holdings in Janus Henderson Group plc (NYSE:JHG) by 2.2% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 646,703 shares of the company’s stock after selling 14,638 shares during the quarter. Prudential Financial Inc. owned 0.41% of Janus Henderson Group worth $27,504,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors also recently modified their holdings of the business. Victory Capital Management Inc. lifted its stake in Janus Henderson Group by 5.3% during the 3rd quarter. Victory Capital Management Inc. now owns 17,167 shares of the company’s stock valued at $654,000 after acquiring an additional 857 shares during the period. Cerity Partners LLC purchased a new position in shares of Janus Henderson Group during the third quarter valued at approximately $649,000. Dynamic Technology Lab Private Ltd bought a new position in Janus Henderson Group during the third quarter valued at approximately $1,207,000. D.A. Davidson & CO. boosted its holdings in Janus Henderson Group by 2.7% in the third quarter. D.A. Davidson & CO. now owns 21,266 shares of the company’s stock worth $810,000 after purchasing an additional 566 shares during the last quarter. Finally, FMR LLC grew its position in Janus Henderson Group by 15.9% in the 3rd quarter. FMR LLC now owns 47,163 shares of the company’s stock worth $1,796,000 after purchasing an additional 6,472 shares during the period. 87.94% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

JHG has been the topic of a number of research reports. StockNews.com downgraded Janus Henderson Group from a “buy” rating to a “hold” rating in a research note on Tuesday. Wells Fargo & Company boosted their price target on Janus Henderson Group from $43.00 to $46.00 and gave the company an “equal weight” rating in a research note on Monday, February 3rd. UBS Group upgraded shares of Janus Henderson Group from a “neutral” rating to a “buy” rating and increased their price objective for the stock from $45.00 to $50.00 in a research note on Monday, February 24th. Morgan Stanley boosted 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 research report on Friday, December 20th. Finally, JPMorgan Chase & Co. upgraded shares of Janus Henderson Group from a “neutral” rating to an “overweight” rating and increased their price target for the stock from $44.00 to $53.00 in a research report on Wednesday, February 5th. Six equities research analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus price target of $47.38.

Janus Henderson Group Stock Performance

Shares of NYSE JHG opened at $37.50 on Thursday. The stock has a market cap of $5.91 billion, a PE ratio of 14.65, a price-to-earnings-growth ratio of 0.66 and a beta of 1.49. Janus Henderson Group plc has a 1 year low of $30.35 and a 1 year high of $46.68. The firm has a fifty day moving average price of $41.44 and a 200-day moving average price of $41.50. The company has a debt-to-equity ratio of 0.08, a current ratio of 3.08 and a quick ratio of 2.08.

Janus Henderson Group (NYSE:JHG) last issued its quarterly earnings results on Friday, January 31st. The company reported $1.07 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.94 by $0.13. Janus Henderson Group had a return on equity of 12.18% and a net margin of 16.38%. During the same period last year, the firm posted $0.82 earnings per share. Equities analysts anticipate that Janus Henderson Group plc will post 3.75 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 Thursday, February 27th. Investors of record on Tuesday, February 11th were issued a $0.39 dividend. The ex-dividend date of this dividend was Tuesday, February 11th. This represents a $1.56 dividend on an annualized basis and a yield of 4.16%. Janus Henderson Group’s dividend payout ratio is presently 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.