Cookson Peirce & Co. Inc. Raises Position in Janus Henderson Group plc (NYSE:JHG)

Cookson Peirce & Co. Inc. raised its stake in shares of Janus Henderson Group plc (NYSE:JHG) by 51.9% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 17,890 shares of the company’s stock after purchasing an additional 6,112 shares during the period. Cookson Peirce & Co. Inc.’s holdings in Janus Henderson Group were worth $761,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in JHG. Quarry LP raised its position in Janus Henderson Group by 203.6% during the third quarter. Quarry LP now owns 759 shares of the company’s stock valued at $29,000 after purchasing an additional 509 shares during the period. UMB Bank n.a. grew its stake in shares of Janus Henderson Group by 56.5% during the fourth quarter. UMB Bank n.a. now owns 787 shares of the company’s stock valued at $33,000 after buying an additional 284 shares during the last quarter. Richardson Financial Services Inc. grew its stake in shares of Janus Henderson Group by 89.4% during the fourth quarter. Richardson Financial Services Inc. now owns 769 shares of the company’s stock valued at $33,000 after buying an additional 363 shares during the last quarter. Huntington National Bank grew its stake 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 buying an additional 240 shares during the last quarter. Finally, Addison Advisors LLC grew its stake in shares of Janus Henderson Group by 103.4% during the third quarter. Addison Advisors LLC now owns 1,263 shares of the company’s stock valued at $48,000 after buying an additional 642 shares during the last quarter. 87.94% of the stock is currently owned by hedge funds and other institutional investors.

Janus Henderson Group Stock Up 1.9 %

Shares of NYSE JHG opened at $40.17 on Thursday. The firm has a market cap of $6.39 billion, a price-to-earnings ratio of 15.69, a PEG ratio of 0.66 and a beta of 1.50. 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 $30.35 and a 52-week high of $46.68. The business’s 50 day moving average is $42.92 and its two-hundred day moving average is $41.43.

Janus Henderson Group (NYSE:JHG) last posted its quarterly earnings results on Friday, January 31st. The company reported $1.07 EPS for the quarter, topping the consensus estimate 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 prior year, the business earned $0.82 earnings per share. Research analysts predict that Janus Henderson Group plc will post 3.75 EPS for the current year.

Janus Henderson Group Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, February 27th. Shareholders of record on Tuesday, February 11th were paid a $0.39 dividend. The ex-dividend date was Tuesday, February 11th. This represents a $1.56 annualized dividend and a dividend yield of 3.88%. Janus Henderson Group’s dividend payout ratio (DPR) is 60.94%.

Analyst Upgrades and Downgrades

JHG has been the topic of a number of analyst reports. The Goldman Sachs Group raised Janus Henderson Group from a “sell” rating to a “neutral” rating and increased their price objective for the stock from $42.00 to $45.00 in a research note on Monday, January 6th. UBS Group raised 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. Deutsche Bank Aktiengesellschaft increased their price objective on Janus Henderson Group from $42.00 to $44.00 and gave the stock a “hold” rating in a research note on Monday, November 11th. Morgan Stanley increased their target price on 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. raised Janus Henderson Group from a “neutral” rating to an “overweight” rating and increased their target price for the company from $44.00 to $53.00 in a research report on Wednesday, February 5th. Five analysts have rated the stock with a hold rating and four have given a buy rating to the stock. Based on data from MarketBeat, Janus Henderson Group currently has a consensus rating of “Hold” and a consensus target price of $47.38.

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.