Robeco Institutional Asset Management B.V. raised its position in Janus Henderson Group PLC (NYSE:JHG) by 227.0% during the 2nd quarter, according to its most recent disclosure with the SEC. The fund owned 514,302 shares of the company’s stock after purchasing an additional 357,021 shares during the period. Robeco Institutional Asset Management B.V. owned about 0.26% of Janus Henderson Group worth $11,005,000 at the end of the most recent reporting period.
A number of other institutional investors have also recently bought and sold shares of JHG. Dimensional Fund Advisors LP raised its position in shares of Janus Henderson Group by 9.9% in the 4th quarter. Dimensional Fund Advisors LP now owns 3,518,056 shares of the company’s stock valued at $72,893,000 after purchasing an additional 315,866 shares during the last quarter. Bank of America Corp DE increased its holdings in Janus Henderson Group by 30.4% in the 4th quarter. Bank of America Corp DE now owns 353,239 shares of the company’s stock worth $7,319,000 after buying an additional 82,432 shares during the period. Thrivent Financial for Lutherans increased its holdings in Janus Henderson Group by 6.2% in the 4th quarter. Thrivent Financial for Lutherans now owns 42,755 shares of the company’s stock worth $886,000 after buying an additional 2,488 shares during the period. Norges Bank acquired a new position in Janus Henderson Group in the 4th quarter worth approximately $41,678,000. Finally, Geode Capital Management LLC increased its holdings in Janus Henderson Group by 5.0% in the 4th quarter. Geode Capital Management LLC now owns 1,446,996 shares of the company’s stock worth $29,981,000 after buying an additional 68,425 shares during the period. 62.75% of the stock is currently owned by institutional investors.
A number of equities research analysts have recently commented on the stock. Goldman Sachs Group cut shares of Janus Henderson Group from a “neutral” rating to a “sell” rating in a research note on Friday, May 3rd. TheStreet raised shares of Janus Henderson Group from a “d+” rating to a “c-” rating in a research note on Thursday, April 18th. Zacks Investment Research cut shares of Janus Henderson Group from a “buy” rating to a “hold” rating in a research note on Thursday, July 25th. Macquarie cut shares of Janus Henderson Group from an “outperform” rating to a “neutral” rating in a research note on Thursday, May 2nd. Finally, JPMorgan Chase & Co. cut shares of Janus Henderson Group from an “overweight” rating to a “neutral” rating in a research note on Thursday, April 11th. Four research analysts have rated the stock with a sell rating and seven have issued a hold rating to the company’s stock. The stock presently has a consensus rating of “Hold” and an average price target of $26.85.
Janus Henderson Group (NYSE:JHG) last released its quarterly earnings results on Wednesday, July 31st. The company reported $0.61 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.66 by ($0.05). Janus Henderson Group had a net margin of 19.32% and a return on equity of 9.97%. The company had revenue of $525.90 million during the quarter, compared to analyst estimates of $539.37 million. During the same period in the prior year, the business posted $0.74 EPS. Janus Henderson Group’s revenue was down 11.2% compared to the same quarter last year. As a group, analysts expect that Janus Henderson Group PLC will post 2.46 EPS for the current fiscal year.
The business also recently declared a quarterly dividend, which will be paid on Wednesday, August 28th. Investors of record on Monday, August 12th will be paid a $0.36 dividend. The ex-dividend date is Friday, August 9th. This represents a $1.44 dividend on an annualized basis and a yield of 7.51%. Janus Henderson Group’s dividend payout ratio is currently 52.55%.
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.
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