Yousif Capital Management LLC Sells 1,115 Shares of Janus Henderson Group plc (NYSE:JHG)

Yousif Capital Management LLC reduced its holdings in Janus Henderson Group plc (NYSE:JHG) by 2.4% during the 1st quarter, according to the company in its most recent disclosure with the SEC. The fund owned 46,077 shares of the company’s stock after selling 1,115 shares during the quarter. Yousif Capital Management LLC’s holdings in Janus Henderson Group were worth $1,666,000 as of its most recent filing with the SEC.

Other institutional investors have also added to or reduced their stakes in the company. GAMMA Investing LLC raised its position in Janus Henderson Group by 4,188.8% in the 1st quarter. GAMMA Investing LLC now owns 144,962 shares of the company’s stock worth $5,240,000 after purchasing an additional 141,582 shares during the last quarter. Delphi Management Inc. MA acquired a new position in Janus Henderson Group in the 4th quarter worth $1,419,000. Bank of New York Mellon Corp lifted its position in Janus Henderson Group by 3.1% during the 4th quarter. Bank of New York Mellon Corp now owns 1,064,556 shares of the company’s stock worth $45,276,000 after buying an additional 32,346 shares in the last quarter. Truist Financial Corp raised its holdings in shares of Janus Henderson Group by 110.2% in the 4th quarter. Truist Financial Corp now owns 5,426 shares of the company’s stock valued at $231,000 after purchasing an additional 2,845 shares during the period. Finally, Proficio Capital Partners LLC bought a new stake in shares of Janus Henderson Group in the 4th quarter valued at about $997,000. 87.94% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several analysts recently weighed in on JHG shares. Bank of America upgraded Janus Henderson Group from a “neutral” rating to a “buy” rating and dropped their price objective for the stock from $57.00 to $43.00 in a research report on Thursday, April 3rd. The Goldman Sachs Group dropped their target price on Janus Henderson Group from $47.00 to $41.00 and set a “neutral” rating on the stock in a report on Thursday, April 3rd. Evercore ISI lifted their price target on Janus Henderson Group from $33.00 to $35.00 and gave the company an “in-line” rating in a research report on Friday, May 2nd. Cowen reaffirmed a “buy” rating on shares of Janus Henderson Group in a research note on Wednesday, May 14th. Finally, Morgan Stanley increased their price objective on Janus Henderson Group from $32.00 to $33.00 and gave the stock an “equal weight” rating in a report on Tuesday, May 6th. Six investment analysts have rated the stock with a hold rating and five have given a buy rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Hold” and an average price target of $42.78.

Janus Henderson Group Stock Performance

NYSE JHG opened at $36.92 on Tuesday. The company has a quick ratio of 2.08, a current ratio of 3.08 and a debt-to-equity ratio of 0.08. The firm has a market cap of $5.82 billion, a P/E ratio of 14.42, a P/E/G ratio of 0.66 and a beta of 1.42. 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 price is $35.06 and its 200 day moving average price is $39.02.

Janus Henderson Group (NYSE:JHG) last posted its quarterly earnings results on Thursday, May 1st. The company reported $0.79 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.72 by $0.07. Janus Henderson Group had a net margin of 16.38% and a return on equity of 12.18%. The company had revenue of $621.40 million during the quarter, compared to the consensus estimate of $623.56 million. During the same period last year, the firm earned $0.71 EPS. The company’s revenue for the quarter was up 12.6% on a year-over-year basis. On average, equities research analysts expect that Janus Henderson Group plc will post 3.75 earnings per share for the current year.

Janus Henderson Group Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, May 29th. Shareholders of record on Monday, May 12th were paid a $0.40 dividend. This is a boost from Janus Henderson Group’s previous quarterly dividend of $0.39. This represents a $1.60 annualized dividend and a yield of 4.33%. The ex-dividend date of this dividend was Monday, May 12th. Janus Henderson Group’s payout ratio is presently 63.49%.

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.