Azora Capital LP Buys Shares of 489,196 Janus Henderson Group plc (NYSE:JHG)

Azora Capital LP purchased a new position in Janus Henderson Group plc (NYSE:JHG) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 489,196 shares of the company’s stock, valued at approximately $20,806,000.

Several other institutional investors and hedge funds have also recently made changes to their positions in JHG. Vanguard Group Inc. grew its position in Janus Henderson Group by 1.5% in the fourth quarter. Vanguard Group Inc. now owns 14,148,813 shares of the company’s stock worth $601,749,000 after acquiring an additional 203,330 shares in the last quarter. Charles Schwab Investment Management Inc. lifted its stake in Janus Henderson Group by 3.3% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 4,593,441 shares of the company’s stock worth $195,359,000 after purchasing an additional 147,362 shares during the last quarter. Northern Trust Corp boosted its holdings in shares of Janus Henderson Group by 8.4% in the 4th quarter. Northern Trust Corp now owns 2,320,796 shares of the company’s stock worth $98,703,000 after purchasing an additional 180,726 shares in the last quarter. Principal Financial Group Inc. increased its position in shares of Janus Henderson Group by 28.9% during the 3rd quarter. Principal Financial Group Inc. now owns 2,081,630 shares of the company’s stock valued at $79,248,000 after purchasing an additional 467,049 shares during the last quarter. Finally, Norges Bank purchased a new position in shares of Janus Henderson Group during the 4th quarter valued at about $83,525,000. Hedge funds and other institutional investors own 87.94% of the company’s stock.

Janus Henderson Group Stock Performance

Shares of NYSE:JHG opened at $35.63 on Friday. The company has a current ratio of 3.08, a quick ratio of 2.08 and a debt-to-equity ratio of 0.08. The company has a market cap of $5.61 billion, a price-to-earnings ratio of 13.92, a price-to-earnings-growth ratio of 0.66 and a beta of 1.46. Janus Henderson Group plc has a 12 month low of $28.26 and a 12 month high of $46.68. The company has a 50-day moving average price of $35.03 and a 200-day moving average price of $40.37.

Janus Henderson Group (NYSE:JHG) last released its quarterly earnings data on Thursday, May 1st. The company reported $0.79 earnings per share for the quarter, topping the consensus estimate of $0.72 by $0.07. The business had revenue of $621.40 million during the quarter, compared to analysts’ expectations of $623.56 million. Janus Henderson Group had a return on equity of 12.18% and a net margin of 16.38%. The business’s revenue was up 12.6% on a year-over-year basis. During the same quarter last year, the business posted $0.71 EPS. As a group, equities analysts anticipate that Janus Henderson Group plc will post 3.75 EPS for the current year.

Janus Henderson Group Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, May 29th. Investors of record on Monday, May 12th will be issued a $0.40 dividend. The ex-dividend date of this dividend is Monday, May 12th. This represents a $1.60 annualized dividend and a yield of 4.49%. This is a boost from Janus Henderson Group’s previous quarterly dividend of $0.39. Janus Henderson Group’s payout ratio is 63.49%.

Analyst Upgrades and Downgrades

Several analysts have issued reports on the company. The Goldman Sachs Group cut their target price on Janus Henderson Group from $47.00 to $41.00 and set a “neutral” rating for the company in a research note on Thursday, April 3rd. Bank of America raised shares of Janus Henderson Group from a “neutral” rating to a “buy” rating and reduced their target price for the company from $57.00 to $43.00 in a report on Thursday, April 3rd. StockNews.com downgraded shares of Janus Henderson Group from a “buy” rating to a “hold” rating in a research note on Tuesday, March 25th. JPMorgan Chase & Co. upgraded shares of Janus Henderson Group from a “neutral” rating to an “overweight” rating and upped their price target for the company from $44.00 to $53.00 in a research report on Wednesday, February 5th. Finally, UBS Group upgraded Janus Henderson Group from a “neutral” rating to a “buy” rating and lifted their price objective for the stock from $45.00 to $50.00 in a report on Monday, February 24th. Six research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Hold” and a consensus price target of $44.44.

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.