Janus Henderson Group plc $JHG Shares Sold by American Century Companies Inc.

American Century Companies Inc. lowered its stake in Janus Henderson Group plc (NYSE:JHG) by 40.8% in the first quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 57,707 shares of the company’s stock after selling 39,817 shares during the quarter. American Century Companies Inc.’s holdings in Janus Henderson Group were worth $2,086,000 as of its most recent filing with the SEC.

A number of other large investors have also modified their holdings of the stock. Louisiana State Employees Retirement System grew its stake in shares of Janus Henderson Group by 0.8% in the first quarter. Louisiana State Employees Retirement System now owns 35,600 shares of the company’s stock valued at $1,287,000 after buying an additional 300 shares in the last quarter. Wells Fargo & Company MN grew its stake in shares of Janus Henderson Group by 4.0% in the fourth quarter. Wells Fargo & Company MN now owns 8,755 shares of the company’s stock valued at $372,000 after buying an additional 339 shares in the last quarter. UMB Bank n.a. grew its stake in shares of Janus Henderson Group by 48.9% in the first quarter. UMB Bank n.a. now owns 1,172 shares of the company’s stock valued at $42,000 after buying an additional 385 shares in the last quarter. ProShare Advisors LLC grew its stake in shares of Janus Henderson Group by 7.2% in the fourth quarter. ProShare Advisors LLC now owns 5,952 shares of the company’s stock valued at $253,000 after buying an additional 398 shares in the last quarter. Finally, State of Alaska Department of Revenue grew its stake in Janus Henderson Group by 2.8% during the 1st quarter. State of Alaska Department of Revenue now owns 14,904 shares of the company’s stock valued at $538,000 after purchasing an additional 400 shares in the last quarter. Institutional investors and hedge funds own 87.94% of the company’s stock.

Analysts Set New Price Targets

JHG has been the topic of several analyst reports. Wall Street Zen downgraded Janus Henderson Group from a “buy” rating to a “hold” rating in a report on Saturday. Cowen reaffirmed a “buy” rating on shares of Janus Henderson Group in a research report on Wednesday, May 14th. Wells Fargo & Company upped their target price on Janus Henderson Group from $37.00 to $44.00 and gave the company an “equal weight” rating in a research report on Friday, July 11th. JPMorgan Chase & Co. upped their target price on Janus Henderson Group from $44.00 to $47.00 and gave the company an “overweight” rating in a research report on Wednesday, July 16th. Finally, Morgan Stanley upped their target price on Janus Henderson Group from $33.00 to $36.00 and gave the company an “equal weight” rating in a research report on Wednesday, July 2nd. Five research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $43.33.

Insider Buying and Selling

In other Janus Henderson Group news, insider Georgina Fogo sold 69,000 shares of the stock in a transaction that occurred 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 of the company’s stock, valued at $2,500,514.99. This trade represents a 54.31% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. 20.40% of the stock is currently owned by corporate insiders.

Janus Henderson Group Trading Down 0.8%

NYSE:JHG opened at $44.32 on Tuesday. The company has a quick ratio of 3.91, a current ratio of 4.49 and a debt-to-equity ratio of 0.08. The business’s 50 day moving average is $42.05 and its two-hundred day moving average is $38.32. Janus Henderson Group plc has a 52 week low of $28.26 and a 52 week high of $46.68. The company has a market cap of $6.91 billion, a PE ratio of 16.66, a P/E/G ratio of 1.07 and a beta of 1.51.

Janus Henderson Group (NYSE:JHG) last released its earnings results on Thursday, July 31st. The company reported $0.90 EPS for the quarter, topping 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 for the quarter, compared to the consensus estimate of $614.46 million. During the same quarter last year, the business posted $0.85 EPS. Janus Henderson Group’s quarterly revenue was up 7.6% compared to the same quarter last year. On average, analysts predict that Janus Henderson Group plc will post 3.75 EPS for the current year.

Janus Henderson Group Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, August 28th. Shareholders of record on Monday, August 11th were issued a dividend of $0.40 per share. This represents a $1.60 dividend on an annualized basis and a yield of 3.6%. The ex-dividend date of this dividend was Monday, August 11th. Janus Henderson Group’s dividend payout ratio (DPR) is currently 60.15%.

Janus Henderson Group Company 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.