Sylvest Advisors LLC Takes a New Stake in Janus Henderson Group plc (NYSE:JHG)

Sylvest Advisors LLC has acquired a new position in Janus Henderson Group plc (NYSE:JHG - Free Report) during the fourth quarter. This information was revealed in the firm's recent Form 13F filing with the Securities and Exchange Commission (SEC). Sylvest Advisors purchased 10,910 shares of the company's stock, which is valued at around $464,000.

Other significant investors have also recently changed their stakes in Janus Henderson Group. Quarry LP increased its position in the company by an impressive 203.6% during the third quarter, bringing its total to 759 shares worth $29,000 after adding 509 shares. Additionally, UMB Bank n.a. raised its stake by 56.5% in the fourth quarter, now owning 787 shares valued at $33,000 after buying 284 more shares during the last quarter.

Huntington National Bank also expanded its holdings in Janus Henderson Group by 24.5% in the third quarter, increasing its ownership to 1,219 shares worth $46,000 after acquiring an additional 240 shares. Likewise, Addison Advisors LLC boosted its investment by 103.4% in the same quarter, now owning 1,263 shares valued at $48,000 following an additional purchase of 642 shares. Farther Finance Advisors LLC enhanced its stake by 70.6%, acquiring more shares to reach a total of 1,390 shares worth $53,000 after obtaining 575 additional shares. Overall, institutional investors own about 87.94% of Janus Henderson Group's stock.

Recent Analyst Updates

Several analysts have recently provided insights on the stock. UBS Group raised its price target on shares of Janus Henderson Group from $37.00 to $41.00, maintaining a "neutral" rating in a report dated October 22nd. Evercore ISI also increased its price target from $40.00 to $43.00 while giving an "in-line" rating in a note on November 7th. On January 6th, The Goldman Sachs Group upgraded Janus Henderson Group from a "sell" rating to "neutral" and adjusted its price target for the stock from $42.00 to $45.00. Furthermore, TD Cowen elevated its target price from $46.00 to $50.00, giving the company a "buy" rating in a report published on November 1st. Wells Fargo & Company, however, reduced its price estimate from $45.00 to $43.00 and assigned an "equal weight" rating on January 14th. Presently, according to MarketBeat.com, eight analysts have rated the stock with a hold rating, and one analyst has issued a buy rating.

Current Stock Performance of Janus Henderson Group

Market Insights

Janus Henderson Group's shares opened at $44.91 on Friday, showing a one-year low of $28.52 and a high of $45.74. The company's market capitalization stands at $7.14 billion, with a price-to-earnings (P/E) ratio of 17.75. The stock shows a PEG ratio of 0.60 and a beta of 1.50. It has a fifty-day moving average price of $43.34 and a two-hundred day moving average price of $40.19.

In its last earnings report released on January 31st, Janus Henderson Group announced earnings of $1.07 per share for the quarter, surpassing the expected consensus estimate of $0.94 by $0.13. The firm posted a return on equity of 11.49% and a net margin of 17.33%. In the same quarter last year, it reported earnings of $0.82 per share. Research analysts anticipate that Janus Henderson Group will achieve an EPS of 3.42 for the current fiscal year.

Dividend Announcement

Additionally, Janus Henderson Group recently declared a quarterly dividend, set to be paid on February 27th. Shareholders on record by February 11th will receive a dividend of $0.39. The ex-dividend date for this payment is also February 11th. This translates into an annualized dividend of $1.56 and a dividend yield of 3.47%. The current dividend payout ratio for Janus Henderson Group is at 61.66%.

Understanding Janus Henderson Group plc

Janus Henderson Group plc is an asset management holding company. Through its various subsidiaries, the firm provides a wide range of services to institutional clients, retail investors, and high-net-worth individuals. The company manages separate portfolios focused on equity and fixed income tailored to client needs. A part of its offerings includes the administration of equity, fixed income, and balanced mutual funds.

Investment, Stocks, Acquisition