Jupiter Asset Management Ltd. has significantly bolstered its position in Janus Henderson Group plc (NYSE:JHG), demonstrating a strong vote of confidence in the asset management firm. This strategic move, detailed in their most recent 13F filing with the Securities & Exchange Commission, saw Jupiter dramatically increase its stake, underscoring the dynamic shifts occurring within institutional investment landscapes.
Specifically, Jupiter Asset Management expanded its holdings in Janus Henderson Group by an impressive 48.5% during the first quarter. This substantial acquisition involved purchasing an additional 325,240 shares, bringing their total ownership to 995,445 shares. As of the end of the recent quarter, the value of Jupiter Asset Management’s investment in Janus Henderson Group stood at a considerable $35,985,000, solidifying their significant presence in the company’s stock.
Beyond Jupiter’s strategic moves, other major institutional investors have also been active in Janus Henderson Group’s shares. Firms such as Mirae Asset Global Investments Co. Ltd., GAMMA Investing LLC, Envestnet Asset Management Inc., Assenagon Asset Management S.A., and Mutual of America Capital Management LLC have either increased or adjusted their stakes. Collectively, these institutional and hedge fund activities account for a substantial 87.94% of the company’s stock, highlighting its appeal among professional money managers.
Janus Henderson Group plc opened at $42.32 on Friday, reflecting its current market valuation. The company boasts a robust market capitalization of $6.67 billion, accompanied by a P/E ratio of 15.91, a P/E/G ratio of 1.35, and a beta of 1.46. These metrics provide a snapshot of the company’s valuation relative to its earnings and its sensitivity to broader market movements.
From a financial health perspective, Janus Henderson Group exhibits strong fundamentals. The firm maintains a quick ratio of 2.67 and a current ratio of 4.38, indicating solid liquidity. Furthermore, a low debt-to-equity ratio of 0.08 suggests a well-managed balance sheet. The stock’s recent performance shows a 50-day moving average of $39.16 and a two-hundred-day moving average of $38.43, providing insights into its short-term and long-term price trends.
The company also recently announced a quarterly dividend of $0.40 per share, payable on Thursday, August 28th, to shareholders of record as of Monday, August 11th. This translates to an annualized dividend of $1.60 and a yield of 3.8%, with a payout ratio currently at 63.49%. Such dividend policies are often a key factor for income-focused investors assessing a company’s financial stability and commitment to shareholder returns.
Market analysts have weighed in on Janus Henderson Group, offering a range of perspectives. While some, like Cowen and JPMorgan Chase & Co., have reiterated or assigned “buy” or “overweight” ratings with increased price targets, others, including Wells Fargo & Company, Evercore ISI, and Morgan Stanley, have given “equal weight” or “in-line” ratings. According to MarketBeat data, the company currently holds an average analyst rating of “Hold” with a consensus target price of $43.33, indicating a cautious yet optimistic outlook from the broader analyst community.
