Quantinno Capital Management LP Grows Stock Holdings in Janus Henderson Group plc (NYSE:JHG)

Quantinno Capital Management LP raised its position in Janus Henderson Group plc (NYSE:JHG) by 23.4% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 319,249 shares of the company’s stock after acquiring an additional 60,546 shares during the quarter. Quantinno Capital Management LP’s holdings in Janus Henderson Group were worth $13,578,000 at the end of the most recent quarter.

A number of other hedge funds have also recently modified their holdings of JHG. Nomura Holdings Inc. purchased a new position in shares of Janus Henderson Group during the fourth quarter valued at about $718,000. Mubadala Investment Co PJSC purchased a new position in shares of Janus Henderson Group during the fourth quarter valued at about $2,402,000. Millennium Management LLC increased its position in shares of Janus Henderson Group by 23.9% during the fourth quarter. Millennium Management LLC now owns 7,247,633 shares of the company’s stock valued at $308,242,000 after buying an additional 1,399,781 shares during the period. Laird Norton Wetherby Wealth Management LLC purchased a new position in shares of Janus Henderson Group during the fourth quarter valued at about $204,000. Finally, Lighthouse Investment Partners LLC purchased a new position in shares of Janus Henderson Group during the fourth quarter valued at about $4,881,000. Hedge funds and other institutional investors own 87.94% of the company’s stock.

Analyst Upgrades and Downgrades

Several brokerages recently issued reports on JHG. Wells Fargo & Company reduced their price target on shares of Janus Henderson Group from $46.00 to $36.00 and set an “equal weight” rating on the stock in a research report on Tuesday, April 8th. Bank of America raised shares of Janus Henderson Group from a “neutral” rating to a “buy” rating and dropped their price objective for the stock from $57.00 to $43.00 in a research note on Thursday, April 3rd. Evercore ISI boosted their price objective on shares of Janus Henderson Group from $33.00 to $35.00 and gave the stock an “in-line” rating in a research note on Friday, May 2nd. UBS Group raised shares of Janus Henderson Group from a “neutral” rating to a “buy” rating and boosted their price objective for the stock from $45.00 to $50.00 in a research note on Monday, February 24th. Finally, Cowen reissued a “buy” rating on shares of Janus Henderson Group in a research note on Wednesday. Six equities research analysts have rated the stock with a hold rating and five have issued a buy rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus target price of $42.78.

Janus Henderson Group Trading Up 0.4%

Shares of NYSE JHG opened at $38.40 on Thursday. The firm’s 50 day moving average price is $34.47 and its 200-day moving average price is $40.18. The company has a market cap of $6.05 billion, a PE ratio of 15.00, a P/E/G ratio of 0.66 and a beta of 1.46. Janus Henderson Group plc has a 52-week low of $28.26 and a 52-week high of $46.68. The company has a debt-to-equity ratio of 0.08, a quick ratio of 2.08 and a current ratio of 3.08.

Janus Henderson Group (NYSE:JHG) last issued its quarterly earnings data on Thursday, May 1st. The company reported $0.79 earnings per share for the quarter, beating analysts’ consensus estimates of $0.72 by $0.07. The company had revenue of $621.40 million for the quarter, compared to the consensus estimate of $623.56 million. Janus Henderson Group had a net margin of 16.38% and a return on equity of 12.18%. The firm’s revenue for the quarter was up 12.6% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.71 earnings per share. On average, equities research analysts expect that Janus Henderson Group plc will post 3.75 EPS for the current fiscal year.

Janus Henderson Group Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, May 29th. Investors of record on Monday, May 12th will be given a dividend of $0.40 per share. This is an increase from Janus Henderson Group’s previous quarterly dividend of $0.39. The ex-dividend date of this dividend is Monday, May 12th. This represents a $1.60 dividend on an annualized basis and a yield of 4.17%. Janus Henderson Group’s dividend payout ratio is 63.49%.

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.