Engineers Gate Manager LP increased its holdings in Henderson Group PLC (NYSE:JHG) by 115.6% during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 54,396 shares of the company’s stock after buying an additional 29,171 shares during the quarter. Engineers Gate Manager LP’s holdings in Henderson Group were worth $1,800,000 at the end of the most recent reporting period.
Several other institutional investors and hedge funds have also bought and sold shares of JHG. Amundi Pioneer Asset Management Inc. purchased a new position in shares of Henderson Group in the fourth quarter worth approximately $102,000. Teachers Advisors LLC purchased a new position in Henderson Group during the fourth quarter valued at approximately $106,000. Paragon Capital Management Ltd purchased a new position in Henderson Group during the fourth quarter valued at approximately $245,000. Jump Trading LLC purchased a new position in Henderson Group during the fourth quarter valued at approximately $273,000. Finally, Zurcher Kantonalbank Zurich Cantonalbank lifted its holdings in Henderson Group by 47.4% during the fourth quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 10,245 shares of the company’s stock valued at $392,000 after purchasing an additional 3,293 shares in the last quarter. 48.33% of the stock is currently owned by institutional investors.
Several equities analysts have weighed in on the stock. Zacks Investment Research raised shares of Henderson Group from a “sell” rating to a “hold” rating in a report on Saturday, April 21st. Citigroup raised shares of Henderson Group from a “neutral” rating to a “buy” rating in a report on Friday, April 20th. Bank of America downgraded shares of Henderson Group from a “neutral” rating to an “underperform” rating and set a $32.00 price target on the stock. in a report on Monday, April 9th. ValuEngine downgraded shares of Henderson Group from a “buy” rating to a “hold” rating in a report on Wednesday, March 28th. Finally, Deutsche Bank raised shares of Henderson Group from a “hold” rating to a “buy” rating and set a $41.00 price target on the stock in a report on Tuesday, February 13th. One investment analyst has rated the stock with a sell rating, nine have assigned a hold rating and three have issued a buy rating to the company. The stock has a consensus rating of “Hold” and a consensus price target of $37.20.
Henderson Group (NYSE:JHG) last released its quarterly earnings data on Wednesday, May 9th. The company reported $0.71 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.66 by $0.05. The firm had revenue of $587.70 million for the quarter, compared to analysts’ expectations of $559.92 million. Henderson Group had a net margin of 36.82% and a return on equity of 11.54%. The company’s revenue was up 152.2% on a year-over-year basis. analysts anticipate that Henderson Group PLC will post 2.92 earnings per share for the current fiscal year.
The business also recently disclosed a quarterly dividend, which will be paid on Friday, June 1st. Stockholders of record on Monday, May 21st will be given a dividend of $0.36 per share. The ex-dividend date is Friday, May 18th. This represents a $1.44 annualized dividend and a dividend yield of 4.44%. This is a boost from Henderson Group’s previous quarterly dividend of $0.32. Henderson Group’s dividend payout ratio (DPR) is presently 51.61%.
About Henderson Group
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.
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