Mutual of America Capital Management LLC Sells 4,257 Shares of Janus Henderson Group plc (NYSE:JHG)

Mutual of America Capital Management LLC cut its stake in shares of Janus Henderson Group plc (NYSE:JHG) by 4.9% in the 4th quarter, HoldingsChannel reports. The firm owned 82,327 shares of the company’s stock after selling 4,257 shares during the period. Mutual of America Capital Management LLC’s holdings in Janus Henderson Group were worth $2,482,000 at the end of the most recent reporting period.

Several other hedge funds have also bought and sold shares of JHG. Trian Fund Management L.P. lifted its position in Janus Henderson Group by 12.7% during the first quarter. Trian Fund Management L.P. now owns 31,867,800 shares of the company’s stock valued at $1,116,010,000 after purchasing an additional 3,595,152 shares during the last quarter. State Street Corp lifted its position in Janus Henderson Group by 33.9% during the second quarter. State Street Corp now owns 6,455,506 shares of the company’s stock valued at $151,769,000 after purchasing an additional 1,636,065 shares during the last quarter. Balyasny Asset Management L.P. bought a new stake in Janus Henderson Group during the first quarter valued at approximately $30,104,000. BlackRock Inc. lifted its position in Janus Henderson Group by 5.2% during the first quarter. BlackRock Inc. now owns 19,272,599 shares of the company’s stock valued at $674,924,000 after purchasing an additional 947,319 shares during the last quarter. Finally, Norges Bank bought a new stake in shares of Janus Henderson Group in the 4th quarter worth approximately $17,923,000. 87.94% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

JHG has been the subject of a number of recent research reports. TD Cowen began coverage on shares of Janus Henderson Group in a report on Thursday, January 4th. They issued a “market perform” rating and a $30.00 price objective for the company. JPMorgan Chase & Co. raised shares of Janus Henderson Group from an “underweight” rating to a “neutral” rating and increased their price target for the company from $28.00 to $31.00 in a research report on Friday, February 2nd. StockNews.com raised shares of Janus Henderson Group from a “hold” rating to a “buy” rating in a research report on Thursday, February 29th. Morgan Stanley increased their price target 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. Finally, The Goldman Sachs Group increased their price target 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. Two investment analysts have rated the stock with a sell rating, six have assigned a hold rating and two have assigned a buy rating to the stock. According to MarketBeat, the stock presently has an average rating of “Hold” and a consensus price target of $28.43.

Janus Henderson Group Stock Up 0.7 %

Shares of NYSE JHG opened at $30.68 on Friday. The company has a current ratio of 3.89, a quick ratio of 2.76 and a debt-to-equity ratio of 0.07. Janus Henderson Group plc has a 12 month low of $22.17 and a 12 month high of $33.25. The firm has a market capitalization of $4.95 billion, a PE ratio of 12.95, a price-to-earnings-growth ratio of 1.47 and a beta of 1.53. The firm has a fifty day simple moving average of $31.63 and a two-hundred day simple moving average of $28.63.

Janus Henderson Group (NYSE:JHG) last issued its quarterly earnings results on Thursday, February 1st. The company reported $0.82 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.56 by $0.26. The company had revenue of $568.50 million during the quarter, compared to analyst estimates of $520.26 million. Janus Henderson Group had a net margin of 18.39% and a return on equity of 9.46%. Janus Henderson Group’s quarterly revenue was up 10.3% compared to the same quarter last year. During the same period last year, the business earned $0.61 EPS. Equities analysts expect that Janus Henderson Group plc will post 2.8 earnings per share for the current year.

Janus Henderson Group Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, February 28th. Investors of record on Monday, February 12th were paid a $0.39 dividend. The ex-dividend date of this dividend was Friday, February 9th. This represents a $1.56 annualized dividend and a dividend yield of 5.08%. Janus Henderson Group’s payout ratio is 65.82%.

Insider Buying and Selling

In related news, CFO Roger Mj Thompson sold 30,656 shares of the stock in a transaction dated Wednesday, February 28th. The shares were sold at an average price of $30.93, for a total value of $948,190.08. Following the completion of the transaction, the chief financial officer now directly owns 126,439 shares in the company, valued at approximately $3,910,758.27. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. In related news, CFO Roger Mj Thompson sold 30,656 shares of the stock in a transaction dated Wednesday, February 28th. The shares were sold at an average price of $30.93, for a total value of $948,190.08. Following the completion of the transaction, the chief financial officer now directly owns 126,439 shares in the company, valued at approximately $3,910,758.27. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CAO Brennan A. Hughes sold 1,812 shares of the firm’s stock in a transaction dated Wednesday, March 6th. The shares were sold at an average price of $32.27, for a total transaction of $58,473.24. Following the sale, the chief accounting officer now owns 3,535 shares of the company’s stock, valued at $114,074.45. The disclosure for this sale can be found here. Insiders sold a total of 70,133 shares of company stock worth $2,172,459 in the last three months. 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.