Louisiana State Employees Retirement System Lowers Stock Holdings in Janus Henderson Group plc (NYSE:JHG)

Louisiana State Employees Retirement System cut its stake in shares of Janus Henderson Group plc (NYSE:JHG) by 2.8% in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 35,300 shares of the company’s stock after selling 1,000 shares during the period. Louisiana State Employees Retirement System’s holdings in Janus Henderson Group were worth $1,344,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also made changes to their positions in JHG. Duality Advisers LP acquired a new stake in shares of Janus Henderson Group in the 1st quarter valued at about $2,741,000. Mirae Asset Global Investments Co. Ltd. boosted its holdings in Janus Henderson Group by 163.0% during the first quarter. Mirae Asset Global Investments Co. Ltd. now owns 47,083 shares of the company’s stock worth $1,549,000 after buying an additional 29,181 shares in the last quarter. Russell Investments Group Ltd. boosted its holdings in Janus Henderson Group by 77.7% during the first quarter. Russell Investments Group Ltd. now owns 251,853 shares of the company’s stock worth $8,283,000 after buying an additional 110,136 shares in the last quarter. Mitsubishi UFJ Trust & Banking Corp boosted its holdings in Janus Henderson Group by 33.3% during the first quarter. Mitsubishi UFJ Trust & Banking Corp now owns 125,173 shares of the company’s stock worth $4,052,000 after buying an additional 31,261 shares in the last quarter. Finally, Price T Rowe Associates Inc. MD boosted its stake in Janus Henderson Group by 177.0% in the 1st quarter. Price T Rowe Associates Inc. MD now owns 208,686 shares of the company’s stock worth $6,865,000 after purchasing an additional 133,356 shares during the period. Institutional investors and hedge funds own 87.94% of the company’s stock.

Analyst Upgrades and Downgrades

JHG has been the subject of a number of research analyst reports. TD Cowen increased their target price on shares of Janus Henderson Group from $46.00 to $50.00 and gave the stock a “buy” rating in a research report on Friday. StockNews.com lowered shares of Janus Henderson Group from a “buy” rating to a “hold” rating in a research report on Friday, August 16th. UBS Group lifted their target price on shares of Janus Henderson Group from $37.00 to $41.00 and gave the company a “neutral” rating in a research report on Tuesday, October 22nd. Deutsche Bank Aktiengesellschaft boosted their price target on shares of Janus Henderson Group from $40.00 to $42.00 and gave the company a “hold” rating in a research report on Friday. Finally, JPMorgan Chase & Co. boosted their target price on shares of Janus Henderson Group from $38.00 to $39.00 and gave the stock a “neutral” rating in a research note on Friday, August 2nd. One investment analyst has rated the stock with a sell rating, seven have assigned a hold rating and two have issued a buy rating to the stock. Based on data from MarketBeat.com, Janus Henderson Group has a consensus rating of “Hold” and a consensus price target of $40.75.

Janus Henderson Group Trading Up 0.8 %

Shares of Janus Henderson Group stock opened at $41.64 on Friday. The company has a market capitalization of $6.63 billion, a price-to-earnings ratio of 16.46, a PEG ratio of 0.79 and a beta of 1.50. The company has a quick ratio of 2.67, a current ratio of 4.05 and a debt-to-equity ratio of 0.07. Janus Henderson Group plc has a 12-month low of $23.98 and a 12-month high of $42.46. The firm’s 50-day moving average price is $38.39 and its two-hundred day moving average price is $35.53.

Janus Henderson Group (NYSE:JHG) last issued its quarterly earnings data on Thursday, October 31st. The company reported $0.91 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.80 by $0.11. Janus Henderson Group had a net margin of 21.02% and a return on equity of 10.76%. The business had revenue of $624.80 million during the quarter, compared to analyst estimates of $600.88 million. During the same quarter last year, the business earned $0.64 EPS. The firm’s quarterly revenue was up 19.9% on a year-over-year basis. On average, analysts forecast that Janus Henderson Group plc will post 3.28 earnings per share for the current fiscal year.

Janus Henderson Group Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, November 27th. Stockholders of record on Wednesday, November 27th will be paid a $0.39 dividend. The ex-dividend date of this dividend is Wednesday, November 27th. This represents a $1.56 annualized dividend and a dividend yield of 3.75%. Janus Henderson Group’s dividend payout ratio is currently 61.66%.

Insider Activity at Janus Henderson Group

In other Janus Henderson Group news, CFO Roger Mj Thompson sold 9,000 shares of Janus Henderson Group stock in a transaction on Tuesday, September 10th. The shares were sold at an average price of $35.38, for a total transaction of $318,420.00. Following the transaction, the chief financial officer now directly owns 139,171 shares of the company’s stock, valued at $4,923,869.98. The trade was a 0.00 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. In other news, CAO Michelle Rosenberg sold 7,651 shares of the company’s stock in a transaction dated Monday, August 19th. The stock was sold at an average price of $36.51, for a total transaction of $279,338.01. Following the sale, the chief accounting officer now directly owns 89,048 shares in the company, valued at $3,251,142.48. This represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this link. Also, CFO Roger Mj Thompson sold 9,000 shares of the company’s stock in a transaction dated Tuesday, September 10th. The shares were sold at an average price of $35.38, for a total value of $318,420.00. Following the sale, the chief financial officer now owns 139,171 shares in the company, valued at approximately $4,923,869.98. This represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders sold 25,651 shares of company stock valued at $918,158. 19.60% of the stock is owned by company insiders.

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.