Allspring Global Investments Holdings LLC Sells 23,287 Shares of Janus Henderson Group plc (NYSE:JHG)

Allspring Global Investments Holdings LLC lowered its holdings in shares of Janus Henderson Group plc (NYSE:JHG) by 65.5% in the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 12,259 shares of the company’s stock after selling 23,287 shares during the period. Allspring Global Investments Holdings LLC’s holdings in Janus Henderson Group were worth $370,000 as of its most recent SEC filing.

Several other large investors have also recently modified their holdings of the business. Silchester International Investors LLP raised its stake in shares of Janus Henderson Group by 0.3% during the third quarter. Silchester International Investors LLP now owns 13,974,469 shares of the company’s stock valued at $360,821,000 after acquiring an additional 39,900 shares during the last quarter. Vanguard Group Inc. raised its stake in shares of Janus Henderson Group by 0.6% during the third quarter. Vanguard Group Inc. now owns 13,540,493 shares of the company’s stock valued at $349,616,000 after acquiring an additional 84,307 shares during the last quarter. Charles Schwab Investment Management Inc. raised its stake in Janus Henderson Group by 4.7% during the third quarter. Charles Schwab Investment Management Inc. now owns 3,428,414 shares of the company’s stock worth $88,522,000 after buying an additional 155,037 shares during the last quarter. Principal Financial Group Inc. raised its stake in Janus Henderson Group by 2.0% during the third quarter. Principal Financial Group Inc. now owns 1,773,943 shares of the company’s stock worth $45,803,000 after buying an additional 34,791 shares during the last quarter. Finally, Invesco Ltd. grew its holdings in Janus Henderson Group by 33.2% in the third quarter. Invesco Ltd. now owns 690,723 shares of the company’s stock worth $17,834,000 after purchasing an additional 172,211 shares during the period. Institutional investors own 87.94% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of brokerages have recently issued reports on JHG. 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 report on Friday, April 12th. Morgan Stanley boosted 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, April 17th. TD Cowen initiated coverage on shares of Janus Henderson Group in a research report on Thursday, January 4th. They issued a “market perform” rating and a $30.00 price target on the stock. JPMorgan Chase & Co. boosted their price objective on shares of Janus Henderson Group from $31.00 to $35.00 and gave the company a “neutral” rating in a research note on Tuesday. Finally, StockNews.com raised shares of Janus Henderson Group from a “hold” rating to a “buy” rating in a research note on Thursday, February 29th. Two equities research analysts have rated the stock with a sell rating, six have assigned a hold rating and two have assigned a buy rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Hold” and a consensus target price of $28.83.

Janus Henderson Group Price Performance

JHG stock opened at $31.68 on Friday. The company has a debt-to-equity ratio of 0.07, a current ratio of 3.89 and a quick ratio of 2.76. Janus Henderson Group plc has a one year low of $22.17 and a one year high of $33.25. The stock has a market cap of $5.11 billion, a PE ratio of 13.37, a P/E/G ratio of 1.50 and a beta of 1.53. The firm has a 50 day simple moving average of $31.73 and a two-hundred day simple moving average of $28.88.

Janus Henderson Group (NYSE:JHG) last announced its quarterly earnings data on Thursday, February 1st. The company reported $0.82 earnings per share (EPS) 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 company had revenue of $568.50 million during the quarter, compared to analysts’ expectations of $520.26 million. During the same quarter in the prior year, the company earned $0.61 EPS. The firm’s revenue was up 10.3% on a year-over-year basis. On average, analysts predict that Janus Henderson Group plc will post 2.85 EPS for the current fiscal year.

Janus Henderson Group Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, February 28th. Stockholders 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 dividend on an annualized basis and a dividend yield of 4.92%. Janus Henderson Group’s dividend payout ratio (DPR) is 65.82%.

Insider Activity

In other news, CAO Brennan A. Hughes sold 1,812 shares of the company’s stock in a transaction on Wednesday, March 6th. The shares were sold at an average price of $32.27, for a total value of $58,473.24. Following the completion of the sale, the chief accounting officer now owns 3,535 shares of the company’s stock, valued at approximately $114,074.45. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. In other news, CAO Brennan A. Hughes sold 1,812 shares of the company’s stock in a transaction on Wednesday, March 6th. The shares were sold at an average price of $32.27, for a total value of $58,473.24. Following the completion of the sale, the chief accounting officer now owns 3,535 shares of the company’s stock, valued at approximately $114,074.45. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CFO Roger Mj Thompson sold 30,656 shares of the company’s stock in a transaction on Wednesday, February 28th. The shares were sold at an average price of $30.93, for a total transaction of $948,190.08. Following the completion of the sale, the chief financial officer now directly owns 126,439 shares of the company’s stock, valued at approximately $3,910,758.27. The disclosure for this sale can be found here. In the last 90 days, insiders sold 70,133 shares of company stock valued at $2,172,459. Corporate insiders own 19.60% of the company’s stock.

Janus Henderson Group 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.