Mercer Global Advisors Inc. ADV Buys 2,187 Shares of Janus Henderson Group plc (NYSE:JHG)

Mercer Global Advisors Inc. ADV boosted its position in shares of Janus Henderson Group plc (NYSE:JHG) by 7.5% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 31,364 shares of the company’s stock after purchasing an additional 2,187 shares during the period. Mercer Global Advisors Inc. ADV’s holdings in Janus Henderson Group were worth $1,334,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently modified their holdings of JHG. KBC Group NV boosted its holdings in Janus Henderson Group by 63.6% during the fourth quarter. KBC Group NV now owns 4,546 shares of the company’s stock worth $193,000 after purchasing an additional 1,768 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. boosted its stake in shares of Janus Henderson Group by 17.8% during the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 92,218 shares of the company’s stock worth $3,977,000 after buying an additional 13,942 shares during the last quarter. Merit Financial Group LLC bought a new position in shares of Janus Henderson Group in the 4th quarter valued at about $413,000. Delphi Management Inc. MA acquired a new stake in shares of Janus Henderson Group in the fourth quarter valued at about $1,419,000. Finally, Nordea Investment Management AB raised its holdings in Janus Henderson Group by 6.9% during the fourth quarter. Nordea Investment Management AB now owns 233,601 shares of the company’s stock worth $9,979,000 after acquiring an additional 14,996 shares in the last quarter. Institutional investors and hedge funds own 87.94% of the company’s stock.

Janus Henderson Group Stock Performance

NYSE JHG opened at $36.52 on Friday. The company has a market capitalization of $5.75 billion, a price-to-earnings ratio of 14.27, a PEG ratio of 0.66 and a beta of 1.46. Janus Henderson Group plc has a twelve month low of $28.26 and a twelve month high of $46.68. The stock has a fifty day simple moving average of $34.54 and a 200 day simple moving average of $40.23. 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 (NYSE:JHG) last announced its earnings results on Thursday, May 1st. The company reported $0.79 EPS for the quarter, beating the consensus estimate of $0.72 by $0.07. The business had revenue of $621.40 million for 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 firm’s revenue was up 12.6% on a year-over-year basis. During the same period in the prior year, the business posted $0.71 earnings per share. Sell-side analysts expect that Janus Henderson Group plc will post 3.75 EPS for the current year.

Janus Henderson Group Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, May 29th. Shareholders of record on Monday, May 12th will be issued a dividend of $0.40 per share. This represents a $1.60 dividend on an annualized basis and a dividend yield of 4.38%. 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 presently 63.49%.

Analysts Set New Price Targets

Several research analysts have weighed in on the company. StockNews.com lowered Janus Henderson Group from a “buy” rating to a “hold” rating in a research report on Tuesday, March 25th. UBS Group raised shares of Janus Henderson Group from a “neutral” rating to a “buy” rating and upped their price target for the stock from $45.00 to $50.00 in a research report on Monday, February 24th. JPMorgan Chase & Co. upgraded shares of Janus Henderson Group from a “neutral” rating to an “overweight” rating and boosted their price objective for the stock from $44.00 to $53.00 in a research note on Wednesday, February 5th. Bank of America upgraded shares of Janus Henderson Group from a “neutral” rating to a “buy” rating and cut their target price for the company from $57.00 to $43.00 in a research note on Thursday, April 3rd. Finally, Wells Fargo & Company dropped their price objective on Janus Henderson Group from $46.00 to $36.00 and set an “equal weight” rating on the stock in a research note on Tuesday, April 8th. Six investment analysts have rated the stock with a hold rating and four have given a buy rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and an average price target of $42.78.

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.