American International Group Inc. Has $5.40 Million Stock Holdings in Janus Henderson Group plc (NYSE:JHG)

American International Group Inc. trimmed its position in Janus Henderson Group plc (NYSE:JHG) by 4.1% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 179,024 shares of the company’s stock after selling 7,704 shares during the quarter. American International Group Inc.’s holdings in Janus Henderson Group were worth $5,398,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also modified their holdings of the company. Hexagon Capital Partners LLC raised its holdings in Janus Henderson Group by 72.6% in the 4th quarter. Hexagon Capital Partners LLC now owns 1,210 shares of the company’s stock worth $36,000 after acquiring an additional 509 shares during the period. Neo Ivy Capital Management bought a new position in shares of Janus Henderson Group in the third quarter worth about $39,000. EverSource Wealth Advisors LLC increased its stake in shares of Janus Henderson Group by 39.7% in the fourth quarter. EverSource Wealth Advisors LLC now owns 1,299 shares of the company’s stock worth $39,000 after purchasing an additional 369 shares during the period. Headlands Technologies LLC acquired a new position in shares of Janus Henderson Group during the 4th quarter worth about $52,000. Finally, Assetmark Inc. boosted its stake in Janus Henderson Group by 18.2% during the 4th quarter. Assetmark Inc. now owns 5,208 shares of the company’s stock valued at $157,000 after purchasing an additional 802 shares during the period. 87.94% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of research analysts have recently commented on JHG shares. UBS Group upped their price target on Janus Henderson Group from $28.00 to $30.00 and gave the stock a “sell” rating in a report on Friday, April 12th. JPMorgan Chase & Co. upped their target price on shares of Janus Henderson Group from $35.00 to $36.00 and gave the company a “neutral” rating in a research note on Friday, May 3rd. StockNews.com lowered shares of Janus Henderson Group from a “buy” rating to a “hold” rating in a research report on Friday, May 3rd. Morgan Stanley upped their price objective on shares of Janus Henderson Group from $30.00 to $33.00 and gave the company an “equal weight” rating in a research report on Wednesday, April 17th. Finally, TD Cowen raised Janus Henderson Group from a “hold” rating to a “buy” rating and lifted their target price for the stock from $34.00 to $37.00 in a research report on Wednesday, May 15th. Two equities research analysts have rated the stock with a sell rating, five have issued a hold rating and two have assigned a buy rating to the stock. According to MarketBeat, Janus Henderson Group presently has an average rating of “Hold” and a consensus target price of $30.37.

Janus Henderson Group Stock Up 0.4 %

Shares of NYSE:JHG opened at $33.94 on Friday. The company’s fifty day moving average is $32.80 and its 200-day moving average is $31.27. The company has a debt-to-equity ratio of 0.07, a quick ratio of 2.64 and a current ratio of 3.92. Janus Henderson Group plc has a 52 week low of $22.17 and a 52 week high of $34.96. The company has a market capitalization of $5.45 billion, a PE ratio of 12.81, a P/E/G ratio of 0.98 and a beta of 1.50.

Janus Henderson Group (NYSE:JHG) last issued its quarterly earnings data on Thursday, May 2nd. The company reported $0.71 earnings per share for the quarter, topping the consensus estimate of $0.63 by $0.08. Janus Henderson Group had a net margin of 19.89% and a return on equity of 10.02%. The firm had revenue of $551.70 million for the quarter, compared to analysts’ expectations of $547.20 million. During the same period in the prior year, the firm earned $0.55 earnings per share. The company’s quarterly revenue was up 11.3% compared to the same quarter last year. Equities research analysts predict that Janus Henderson Group plc will post 2.98 earnings per share for the current fiscal year.

Janus Henderson Group Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, May 29th. Shareholders of record on Monday, May 13th were paid a $0.39 dividend. This represents a $1.56 dividend on an annualized basis and a yield of 4.60%. The ex-dividend date was Friday, May 10th. Janus Henderson Group’s dividend payout ratio is currently 58.87%.

Janus Henderson Group Company 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.