Janus Henderson Group plc $JHG Shares Acquired by Nordea Investment Management AB

Nordea Investment Management AB lifted its holdings in Janus Henderson Group plc (NYSE:JHG) by 6.0% in the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 241,314 shares of the company’s stock after purchasing an additional 13,691 shares during the quarter. Nordea Investment Management AB owned about 0.15% of Janus Henderson Group worth $10,714,000 as of its most recent SEC filing.

Several other institutional investors have also added to or reduced their stakes in the business. Norges Bank acquired a new position in shares of Janus Henderson Group during the 2nd quarter worth approximately $86,180,000. Brighton Jones LLC acquired a new stake in Janus Henderson Group in the 2nd quarter valued at $685,000. Park Avenue Securities LLC increased its holdings in Janus Henderson Group by 101.0% in the 3rd quarter. Park Avenue Securities LLC now owns 50,890 shares of the company’s stock worth $2,265,000 after acquiring an additional 25,570 shares in the last quarter. Aviva PLC acquired a new position in Janus Henderson Group during the second quarter worth $526,000. Finally, Cresset Asset Management LLC raised its position in Janus Henderson Group by 316.8% during the second quarter. Cresset Asset Management LLC now owns 63,262 shares of the company’s stock worth $2,457,000 after acquiring an additional 48,084 shares during the period. Institutional investors and hedge funds own 87.94% of the company’s stock.

Janus Henderson Group Stock Performance

NYSE JHG opened at $47.85 on Friday. The stock’s fifty day moving average is $45.53 and its two-hundred day moving average is $44.06. The firm has a market capitalization of $7.39 billion, a P/E ratio of 14.03, a price-to-earnings-growth ratio of 0.75 and a beta of 1.54. The company has a debt-to-equity ratio of 0.08, a quick ratio of 2.15 and a current ratio of 4.02. Janus Henderson Group plc has a fifty-two week low of $28.26 and a fifty-two week high of $49.42.

Janus Henderson Group (NYSE:JHG) last issued its earnings results on Thursday, October 30th. The company reported $1.09 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.01 by $0.08. Janus Henderson Group had a return on equity of 12.35% and a net margin of 19.82%.The business had revenue of $700.40 million during the quarter, compared to the consensus estimate of $695.57 million. During the same period last year, the company earned $0.91 EPS. The company’s revenue for the quarter was up 12.1% on a year-over-year basis. On average, research analysts anticipate that Janus Henderson Group plc will post 3.75 earnings per share for the current year.

Janus Henderson Group Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, November 26th. Shareholders of record on Monday, November 10th were paid a dividend of $0.40 per share. The ex-dividend date of this dividend was Monday, November 10th. This represents a $1.60 dividend on an annualized basis and a yield of 3.3%. Janus Henderson Group’s payout ratio is 46.92%.

Wall Street Analysts Forecast Growth

A number of analysts have recently commented on JHG shares. Cowen cut shares of Janus Henderson Group from a “buy” rating to a “hold” rating in a research note on Monday, December 22nd. TD Cowen cut Janus Henderson Group from a “buy” rating to a “hold” rating and set a $49.00 price objective on the stock. in a report on Tuesday, December 23rd. Morgan Stanley boosted their price objective on Janus Henderson Group from $46.00 to $48.00 and gave the stock an “equal weight” rating in a research note on Wednesday, December 17th. Wall Street Zen raised Janus Henderson Group from a “hold” rating to a “buy” rating in a report on Saturday, December 20th. Finally, Evercore ISI reduced their target price on Janus Henderson Group from $50.00 to $49.00 and set an “in-line” rating for the company in a report on Monday, December 22nd. One equities research analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating and eight have given a Hold rating to the company. According to MarketBeat.com, Janus Henderson Group has a consensus rating of “Hold” and an average target price of $47.67.

Janus Henderson Group Profile

Janus Henderson Group plc is a global asset manager offering a broad range of investment solutions across equities, fixed income, multi-asset and alternative strategies. The firm provides portfolio management services to institutional clients, financial intermediaries and individual investors. Its product lineup includes actively managed mutual funds, separate accounts and exchange-traded funds, designed to meet a variety of risk-return objectives and investment horizons.

The company was formed in May 2017 through the merger of Janus Capital Group and Henderson Group, combining decades of investment expertise in both the U.S.