Point72 Asia Singapore Pte. Ltd. Lowers Holdings in Janus Henderson Group plc (NYSE:JHG)

Point72 Asia Singapore Pte. Ltd. cut its holdings in Janus Henderson Group plc (NYSE:JHG) by 57.5% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 7,267 shares of the company’s stock after selling 9,829 shares during the period. Point72 Asia Singapore Pte. Ltd.’s holdings in Janus Henderson Group were worth $309,000 as of its most recent SEC filing.

Other large investors also recently added to or reduced their stakes in the company. KBC Group NV lifted its holdings in Janus Henderson Group by 63.6% in the 4th quarter. KBC Group NV now owns 4,546 shares of the company’s stock worth $193,000 after purchasing an additional 1,768 shares in the last quarter. Mirae Asset Global Investments Co. Ltd. lifted its holdings in Janus Henderson Group by 17.8% in the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 92,218 shares of the company’s stock worth $3,977,000 after purchasing an additional 13,942 shares in the last quarter. Merit Financial Group LLC purchased a new position in Janus Henderson Group in the 4th quarter worth approximately $413,000. Delphi Management Inc. MA purchased a new position in Janus Henderson Group in the 4th quarter worth approximately $1,419,000. Finally, Bank of New York Mellon Corp lifted its holdings in Janus Henderson Group by 3.1% in the 4th quarter. Bank of New York Mellon Corp now owns 1,064,556 shares of the company’s stock worth $45,276,000 after purchasing an additional 32,346 shares in the last quarter. 87.94% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several brokerages have recently issued reports on JHG. Morgan Stanley upped their price objective on Janus Henderson Group from $32.00 to $33.00 and gave the stock an “equal weight” rating in a report on Tuesday, May 6th. UBS Group raised Janus Henderson Group from a “neutral” rating to a “buy” rating and upped their price objective for the stock from $45.00 to $50.00 in a report on Monday, February 24th. Cowen reaffirmed a “buy” rating on shares of Janus Henderson Group in a report on Wednesday. Evercore ISI upped their price objective on Janus Henderson Group from $33.00 to $35.00 and gave the stock an “in-line” rating in a report on Friday, May 2nd. Finally, Wells Fargo & Company decreased their price objective on Janus Henderson Group from $46.00 to $36.00 and set an “equal weight” rating on the stock in a report on Tuesday, April 8th. Six research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. Based on data from MarketBeat, Janus Henderson Group presently has a consensus rating of “Hold” and a consensus target price of $42.78.

Janus Henderson Group Stock Performance

Shares of Janus Henderson Group stock opened at $38.37 on Friday. The stock’s fifty day moving average is $34.51 and its two-hundred day moving average is $40.17. The company has a market capitalization of $6.05 billion, a PE ratio of 14.99, a price-to-earnings-growth ratio of 0.66 and a beta of 1.46. 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 $28.26 and a 52 week high of $46.68.

Janus Henderson Group (NYSE:JHG) last announced its quarterly earnings data on Thursday, May 1st. The company reported $0.79 EPS for the quarter, beating the consensus estimate 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 return on equity of 12.18% and a net margin of 16.38%. Janus Henderson Group’s quarterly revenue was up 12.6% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.71 EPS. As a group, analysts expect that Janus Henderson Group plc will post 3.75 earnings per share for the current year.

Janus Henderson Group Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, May 29th. Shareholders of record on Monday, May 12th will be issued a $0.40 dividend. This represents a $1.60 annualized dividend and a dividend yield of 4.17%. This is a boost from Janus Henderson Group’s previous quarterly dividend of $0.39. The ex-dividend date is Monday, May 12th. Janus Henderson Group’s dividend payout ratio is currently 63.49%.

About Janus Henderson Group

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.