Janus Henderson Group plc $JHG Shares Sold by Maryland State Retirement & Pension System

Maryland State Retirement & Pension System decreased its holdings in Janus Henderson Group plc (NYSE:JHG) by 19.3% during the 1st quarter, according to its most recent disclosure with the SEC. The firm owned 5,956 shares of the company’s stock after selling 1,427 shares during the period. Maryland State Retirement & Pension System’s holdings in Janus Henderson Group were worth $215,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of the business. Wells Fargo & Company MN lifted its holdings in shares of Janus Henderson Group by 4.0% during the 4th quarter. Wells Fargo & Company MN now owns 8,755 shares of the company’s stock valued at $372,000 after acquiring an additional 339 shares in the last quarter. Renaissance Technologies LLC acquired a new position in Janus Henderson Group during the 4th quarter worth approximately $3,198,000. Raymond James Financial Inc. purchased a new position in Janus Henderson Group in the 4th quarter worth approximately $726,000. Townsquare Capital LLC acquired a new stake in Janus Henderson Group in the fourth quarter valued at approximately $260,000. Finally, Barclays PLC lifted its position in shares of Janus Henderson Group by 36.3% during the fourth quarter. Barclays PLC now owns 131,105 shares of the company’s stock worth $5,576,000 after purchasing an additional 34,888 shares in the last quarter. 87.94% of the stock is currently owned by hedge funds and other institutional investors.

Janus Henderson Group Stock Down 0.5%

NYSE JHG opened at $42.5940 on Wednesday. Janus Henderson Group plc has a 12 month low of $28.26 and a 12 month high of $46.68. The company has a market capitalization of $6.64 billion, a P/E ratio of 16.01, a PEG ratio of 1.03 and a beta of 1.46. The company’s 50 day simple moving average is $40.74 and its 200 day simple moving average is $38.40. The company has a debt-to-equity ratio of 0.08, a current ratio of 4.49 and a quick ratio of 3.91.

Janus Henderson Group (NYSE:JHG) last announced its quarterly earnings data on Thursday, July 31st. The company reported $0.90 EPS for the quarter, beating analysts’ consensus estimates of $0.84 by $0.06. Janus Henderson Group had a return on equity of 12.01% and a net margin of 16.06%.The company had revenue of $633.20 million during the quarter, compared to the consensus estimate of $614.46 million. During the same quarter in the prior year, the firm earned $0.85 EPS. The company’s quarterly revenue was up 7.6% compared to the same quarter last year. Equities research analysts expect that Janus Henderson Group plc will post 3.75 earnings per share for the current fiscal year.

Janus Henderson Group Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, August 28th. Shareholders of record on Monday, August 11th will be paid a dividend of $0.40 per share. This represents a $1.60 annualized dividend and a yield of 3.8%. The ex-dividend date of this dividend is Monday, August 11th. Janus Henderson Group’s payout ratio is 60.15%.

Analysts Set New Price Targets

A number of equities research analysts recently weighed in on JHG shares. Evercore ISI raised their price target on shares of Janus Henderson Group from $33.00 to $35.00 and gave the company an “in-line” rating in a report on Friday, May 2nd. Wall Street Zen upgraded Janus Henderson Group from a “hold” rating to a “buy” rating in a research note on Saturday. Morgan Stanley boosted their price target on Janus Henderson Group from $33.00 to $36.00 and gave the stock an “equal weight” rating in a research note on Wednesday, July 2nd. JPMorgan Chase & Co. lifted their price objective on Janus Henderson Group from $44.00 to $47.00 and gave the stock an “overweight” rating in a report on Wednesday, July 16th. Finally, Cowen reiterated a “buy” rating on shares of Janus Henderson Group in a research note on Wednesday, May 14th. Five investment analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $43.33.

Insider Activity

In other news, insider Georgina Fogo sold 69,000 shares of Janus Henderson Group stock in a transaction on Monday, August 4th. The stock was sold at an average price of $43.07, for a total transaction of $2,971,830.00. Following the transaction, the insider owned 58,057 shares in the company, valued at approximately $2,500,514.99. The trade was a 54.31% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. 20.40% of the stock is owned by insiders.

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.