State of Alaska Department of Revenue Sells 1,435 Shares of Janus Henderson Group plc (NYSE:JHG)

State of Alaska Department of Revenue decreased its position in shares of Janus Henderson Group plc (NYSE:JHG) by 9.1% during the fourth quarter, Holdings Channel.com reports. The fund owned 14,314 shares of the company’s stock after selling 1,435 shares during the quarter. State of Alaska Department of Revenue’s holdings in Janus Henderson Group were worth $431,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Trian Fund Management L.P. raised its stake in Janus Henderson Group by 12.7% during the 1st quarter. Trian Fund Management L.P. now owns 31,867,800 shares of the company’s stock worth $1,116,010,000 after acquiring an additional 3,595,152 shares during the period. BlackRock Inc. raised its stake in Janus Henderson Group by 5.2% during the 1st quarter. BlackRock Inc. now owns 19,272,599 shares of the company’s stock worth $674,924,000 after acquiring an additional 947,319 shares during the period. Silchester International Investors LLP raised its stake in Janus Henderson Group by 0.3% during the 3rd quarter. Silchester International Investors LLP now owns 13,974,469 shares of the company’s stock worth $360,821,000 after acquiring an additional 39,900 shares during the period. Vanguard Group Inc. raised its stake in Janus Henderson Group by 0.6% during the 3rd quarter. Vanguard Group Inc. now owns 13,540,493 shares of the company’s stock worth $349,616,000 after acquiring an additional 84,307 shares during the period. Finally, State Street Corp raised its stake in Janus Henderson Group by 33.9% during the 2nd quarter. State Street Corp now owns 6,455,506 shares of the company’s stock worth $151,769,000 after acquiring an additional 1,636,065 shares during the period. Institutional investors own 87.94% of the company’s stock.

Janus Henderson Group Trading Down 1.1 %

JHG stock opened at $31.73 on Friday. The firm has a fifty day moving average price of $31.58 and a 200 day moving average price of $28.45. Janus Henderson Group plc has a fifty-two week low of $22.17 and a fifty-two week high of $33.25. The company has a debt-to-equity ratio of 0.07, a quick ratio of 2.76 and a current ratio of 3.89. The firm has a market cap of $5.12 billion, a PE ratio of 13.39, a price-to-earnings-growth ratio of 1.58 and a beta of 1.52.

Janus Henderson Group (NYSE:JHG) last posted its earnings results on Thursday, February 1st. The company reported $0.82 earnings per share for the quarter, beating analysts’ consensus estimates of $0.56 by $0.26. Janus Henderson Group had a net margin of 18.39% and a return on equity of 9.46%. The firm had revenue of $568.50 million during the quarter, compared to analyst estimates of $520.26 million. During the same period last year, the firm posted $0.61 earnings per share. Janus Henderson Group’s revenue for the quarter was up 10.3% compared to the same quarter last year. Sell-side analysts anticipate that Janus Henderson Group plc will post 2.75 earnings per share for the current fiscal year.

Janus Henderson Group Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, February 28th. Investors of record on Monday, February 12th were issued a $0.39 dividend. This represents a $1.56 dividend on an annualized basis and a dividend yield of 4.92%. The ex-dividend date of this dividend was Friday, February 9th. Janus Henderson Group’s dividend payout ratio (DPR) is presently 65.82%.

Wall Street Analysts Forecast Growth

A number of equities research analysts have commented on the stock. StockNews.com upgraded shares of Janus Henderson Group from a “hold” rating to a “buy” rating in a research note on Thursday, February 29th. JPMorgan Chase & Co. upgraded shares of Janus Henderson Group from an “underweight” rating to a “neutral” rating and lifted their price objective for the company from $28.00 to $31.00 in a research report on Friday, February 2nd. The Goldman Sachs Group lifted their price objective on shares of Janus Henderson Group from $29.00 to $32.00 and gave the company a “sell” rating in a research report on Tuesday, April 2nd. UBS Group lifted their price objective on shares of Janus Henderson Group from $28.00 to $30.00 and gave the company a “sell” rating in a research report on Friday. Finally, TD Cowen started coverage on shares of Janus Henderson Group in a research report on Thursday, January 4th. They set a “market perform” rating and a $30.00 price objective on the stock. Two research analysts have rated the stock with a sell rating, seven have assigned a hold rating and two have assigned a buy rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Hold” and a consensus target price of $27.57.

Insider Activity at Janus Henderson Group

In other Janus Henderson Group news, CAO Brennan A. Hughes sold 1,812 shares of Janus Henderson Group stock in a transaction on Wednesday, March 6th. The shares were sold at an average price of $32.27, for a total transaction of $58,473.24. Following the completion of the transaction, the chief accounting officer now directly owns 3,535 shares of the company’s stock, valued at $114,074.45. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. In other Janus Henderson Group news, CAO Brennan A. Hughes sold 1,812 shares of Janus Henderson Group stock in a transaction on Wednesday, March 6th. The shares were sold at an average price of $32.27, for a total transaction of $58,473.24. Following the completion of the transaction, the chief accounting officer now directly owns 3,535 shares of the company’s stock, valued at $114,074.45. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, CFO Roger Mj Thompson sold 30,656 shares of Janus Henderson Group stock in a transaction on Wednesday, February 28th. The stock was sold at an average price of $30.93, for a total transaction of $948,190.08. Following the transaction, the chief financial officer now directly owns 126,439 shares of the company’s stock, valued at $3,910,758.27. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 70,133 shares of company stock valued at $2,172,459. 19.60% of the stock is owned by corporate insiders.

About Janus 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.