Janus Henderson Group plc (NYSE:JHG) Stake Lessened by Robeco Institutional Asset Management B.V.

Posted by on May 6th, 2023

Robeco Institutional Asset Management B.V. lessened its stake in Janus Henderson Group plc (NYSE:JHG – Get Rating) by 6.2% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 78,505 shares of the company’s stock after selling 5,222 shares during the period. Robeco Institutional Asset Management B.V.’s holdings in Janus Henderson Group were worth $1,846,000 at the end of the most recent reporting period.

Other institutional investors have also recently added to or reduced their stakes in the company. Raymond James Financial Services Advisors Inc. acquired a new stake in Janus Henderson Group in the first quarter worth about $218,000. US Bancorp DE boosted its position in shares of Janus Henderson Group by 5.7% in the first quarter. US Bancorp DE now owns 10,109 shares of the company’s stock valued at $354,000 after acquiring an additional 542 shares during the period. Cambridge Investment Research Advisors Inc. raised its stake in shares of Janus Henderson Group by 100.1% in the first quarter. Cambridge Investment Research Advisors Inc. now owns 11,194 shares of the company’s stock valued at $392,000 after purchasing an additional 5,599 shares in the last quarter. PNC Financial Services Group Inc. raised its stake in shares of Janus Henderson Group by 10.6% in the first quarter. PNC Financial Services Group Inc. now owns 6,107 shares of the company’s stock valued at $215,000 after purchasing an additional 585 shares in the last quarter. Finally, Panagora Asset Management Inc. lifted its holdings in Janus Henderson Group by 7.4% during the 1st quarter. Panagora Asset Management Inc. now owns 6,695 shares of the company’s stock valued at $234,000 after purchasing an additional 459 shares during the last quarter. Institutional investors own 85.01% of the company’s stock.

Janus Henderson Group Trading Up 3.0 %

Shares of NYSE JHG opened at $26.55 on Friday. The company has a debt-to-equity ratio of 0.07, a quick ratio of 2.65 and a current ratio of 3.98. Janus Henderson Group plc has a 52-week low of $19.09 and a 52-week high of $31.30. The firm has a 50 day moving average price of $26.13 and a two-hundred day moving average price of $25.56. The stock has a market cap of $4.40 billion, a P/E ratio of 12.46, a price-to-earnings-growth ratio of 4.86 and a beta of 1.44.

Janus Henderson Group (NYSE:JHG – Get Rating) last announced its quarterly earnings results on Wednesday, May 3rd. The company reported $0.55 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.47 by $0.08. Janus Henderson Group had a net margin of 16.86% and a return on equity of 9.07%. The firm had revenue of $495.80 million during the quarter, compared to analysts’ expectations of $488.38 million. During the same period in the prior year, the company posted $0.75 EPS. The company’s revenue was down 20.0% on a year-over-year basis. As a group, equities analysts forecast that Janus Henderson Group plc will post 2.22 EPS for the current year.

Janus Henderson Group Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, May 31st. Stockholders of record on Monday, May 15th will be paid a $0.39 dividend. This represents a $1.56 dividend on an annualized basis and a dividend yield of 5.88%. The ex-dividend date of this dividend is Friday, May 12th. Janus Henderson Group’s dividend payout ratio is currently 73.24%.

Analyst Upgrades and Downgrades

A number of equities research analysts have commented on the stock. 22nd Century Group reissued a “maintains” rating on shares of Janus Henderson Group in a report on Thursday. 51job reissued a “maintains” rating on shares of Janus Henderson Group in a research report on Thursday. StockNews.com initiated coverage on shares of Janus Henderson Group in a report on Thursday, March 16th. They set a “hold” rating on the stock. Evercore ISI dropped their price objective on shares of Janus Henderson Group from $25.00 to $24.00 and set an “in-line” rating on the stock in a report on Thursday, April 13th. Finally, Credit Suisse Group lifted their price target on shares of Janus Henderson Group from $20.00 to $20.50 and gave the company an “underperform” rating in a research note on Friday, February 3rd. Five equities research analysts have rated the stock with a sell rating and five have issued a hold rating to the stock. According to data from MarketBeat.com, Janus Henderson Group presently has an average rating of “Hold” and a consensus price target of $22.80.

About Janus Henderson Group

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Janus Henderson Group Plc is a holding company, which engages in the provision of asset management services. It offers investment solutions including equities, quantitative equities, fixed income, multi-asset and alternative asset class strategies. The company was founded on Jan 23, 1998, is headquartered in London, the United Kingdom.

See Also

Institutional Ownership by Quarter for Janus Henderson Group (NYSE:JHG)

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