Janus Henderson Group plc (NYSE:JHG) Shares Sold by State of Wyoming

State of Wyoming reduced its stake in shares of Janus Henderson Group plc (NYSE:JHG) by 10.8% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 9,058 shares of the company’s stock after selling 1,092 shares during the period. State of Wyoming’s holdings in Janus Henderson Group were worth $385,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also made changes to their positions in JHG. UMB Bank n.a. lifted its holdings in Janus Henderson Group by 56.5% in the fourth quarter. UMB Bank n.a. now owns 787 shares of the company’s stock valued at $33,000 after acquiring an additional 284 shares during the last quarter. Richardson Financial Services Inc. lifted its holdings in Janus Henderson Group by 89.4% in the fourth quarter. Richardson Financial Services Inc. now owns 769 shares of the company’s stock valued at $33,000 after acquiring an additional 363 shares during the last quarter. Larson Financial Group LLC lifted its holdings in Janus Henderson Group by 33.9% in the fourth quarter. Larson Financial Group LLC now owns 1,137 shares of the company’s stock valued at $48,000 after acquiring an additional 288 shares during the last quarter. Bessemer Group Inc. lifted its holdings in Janus Henderson Group by 825.2% in the fourth quarter. Bessemer Group Inc. now owns 1,286 shares of the company’s stock valued at $55,000 after acquiring an additional 1,147 shares during the last quarter. Finally, EverSource Wealth Advisors LLC lifted its holdings in Janus Henderson Group by 48.7% in the fourth quarter. EverSource Wealth Advisors LLC now owns 1,872 shares of the company’s stock valued at $80,000 after acquiring an additional 613 shares during the last quarter. 87.94% of the stock is currently owned by institutional investors and hedge funds.

Janus Henderson Group Stock Down 1.0%

Shares of NYSE JHG opened at $38.01 on Wednesday. The firm has a market cap of $5.99 billion, a price-to-earnings ratio of 14.85, a PEG ratio of 0.66 and a beta of 1.46. The company has a quick ratio of 2.08, a current ratio of 3.08 and a debt-to-equity ratio of 0.08. Janus Henderson Group plc has a 52-week low of $28.26 and a 52-week high of $46.68. The business’s 50 day moving average is $34.58 and its two-hundred day moving average is $40.10.

Janus Henderson Group (NYSE:JHG) last posted its quarterly earnings data on Thursday, May 1st. The company reported $0.79 earnings per share for the quarter, topping analysts’ consensus estimates of $0.72 by $0.07. Janus Henderson Group had a return on equity of 12.18% and a net margin of 16.38%. The business had revenue of $621.40 million for the quarter, compared to analyst estimates of $623.56 million. During the same quarter in the prior year, the company earned $0.71 earnings per share. The company’s revenue was up 12.6% on a year-over-year basis. Research analysts predict that Janus Henderson Group plc will post 3.75 EPS for the current year.

Janus Henderson Group Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, May 29th. Investors of record on Monday, May 12th will be paid a dividend of $0.40 per share. The ex-dividend date of this dividend is Monday, May 12th. This represents a $1.60 dividend on an annualized basis and a dividend yield of 4.21%. This is an increase from Janus Henderson Group’s previous quarterly dividend of $0.39. Janus Henderson Group’s payout ratio is presently 63.49%.

Wall Street Analyst Weigh In

A number of research analysts recently commented on the company. JPMorgan Chase & Co. upgraded Janus Henderson Group from a “neutral” rating to an “overweight” rating and upped their price objective for the company from $44.00 to $53.00 in a report on Wednesday, February 5th. Evercore ISI upped their price objective on Janus Henderson Group from $33.00 to $35.00 and gave the company an “in-line” rating in a report on Friday, May 2nd. Bank of America upgraded Janus Henderson Group from a “neutral” rating to a “buy” rating and decreased their price objective for the company from $57.00 to $43.00 in a report on Thursday, April 3rd. StockNews.com cut Janus Henderson Group from a “buy” rating to a “hold” rating in a report on Tuesday, March 25th. Finally, Morgan Stanley boosted their target price on Janus Henderson Group from $32.00 to $33.00 and gave the company an “equal weight” rating in a research report on Tuesday, May 6th. Six research analysts have rated the stock with a hold rating and five have assigned a buy rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus price target of $42.78.

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.