State of Alaska Department of Revenue Trims Position in Janus Henderson Group plc $JHG

State of Alaska Department of Revenue trimmed its position in shares of Janus Henderson Group plc (NYSE:JHG) by 4.9% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 14,179 shares of the company’s stock after selling 725 shares during the quarter. State of Alaska Department of Revenue’s holdings in Janus Henderson Group were worth $550,000 as of its most recent SEC filing.

A number of other institutional investors have also recently added to or reduced their stakes in the stock. Vanguard Group Inc. grew its stake in Janus Henderson Group by 0.6% in the 1st quarter. Vanguard Group Inc. now owns 14,227,134 shares of the company’s stock valued at $514,311,000 after acquiring an additional 78,321 shares during the period. Charles Schwab Investment Management Inc. increased its stake in Janus Henderson Group by 7.7% during the first quarter. Charles Schwab Investment Management Inc. now owns 4,946,058 shares of the company’s stock worth $178,800,000 after purchasing an additional 352,617 shares during the period. AQR Capital Management LLC grew its position in shares of Janus Henderson Group by 8.8% during the first quarter. AQR Capital Management LLC now owns 1,926,206 shares of the company’s stock worth $68,400,000 after buying an additional 155,059 shares in the last quarter. Clark Capital Management Group Inc. grew its position in shares of Janus Henderson Group by 2.0% during the first quarter. Clark Capital Management Group Inc. now owns 1,445,920 shares of the company’s stock worth $52,270,000 after buying an additional 28,117 shares in the last quarter. Finally, Invesco Ltd. boosted its holdings in Janus Henderson Group by 15.5% in the first quarter. Invesco Ltd. now owns 1,354,770 shares of the company’s stock valued at $48,975,000 after purchasing an additional 182,014 shares in the last quarter. Institutional investors and hedge funds own 87.94% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities research analysts have recently commented on JHG shares. Zacks Research cut Janus Henderson Group from a “strong-buy” rating to a “hold” rating in a research note on Monday, September 8th. Weiss Ratings restated a “buy (b-)” rating on shares of Janus Henderson Group in a research report on Wednesday. Wall Street Zen lowered Janus Henderson Group from a “buy” rating to a “hold” rating in a research note on Saturday, August 30th. Bank of America raised their price objective on Janus Henderson Group from $49.00 to $50.00 and gave the stock a “buy” rating in a report on Thursday, October 2nd. Finally, Morgan Stanley reiterated a “positive” rating on shares of Janus Henderson Group in a report on Monday. One investment analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating and five have given a Hold rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $47.00.

Insiders Place Their Bets

In related news, CFO Roger Mj Thompson sold 27,491 shares of the company’s stock in a transaction on Thursday, September 11th. The stock was sold at an average price of $45.26, for a total transaction of $1,244,242.66. Following the transaction, the chief financial officer directly owned 113,097 shares of the company’s stock, valued at approximately $5,118,770.22. The trade was a 19.55% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Georgina Fogo sold 69,000 shares of the company’s stock in a transaction on Monday, August 4th. The shares were sold at an average price of $43.07, for a total value of $2,971,830.00. Following the transaction, the insider directly owned 58,057 shares in the company, valued at $2,500,514.99. The trade was a 54.31% decrease in their ownership of the stock. The disclosure for this sale can be found here. 19.60% of the stock is owned by insiders.

Janus Henderson Group Trading Down 0.6%

NYSE:JHG opened at $45.10 on Thursday. 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 plc has a 12-month low of $28.26 and a 12-month high of $46.68. The business has a 50 day simple moving average of $44.15 and a 200 day simple moving average of $39.26. The firm has a market capitalization of $7.03 billion, a P/E ratio of 16.95, a P/E/G ratio of 1.01 and a beta of 1.54.

Janus Henderson Group (NYSE:JHG) last announced its quarterly earnings results on Thursday, July 31st. The company reported $0.90 earnings per share (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 during the quarter, compared to analyst estimates of $614.46 million. During the same quarter in the previous year, the firm posted $0.85 EPS. The firm’s quarterly revenue was up 7.6% on a year-over-year basis. Equities research analysts predict that Janus Henderson Group plc will post 3.75 EPS for the current year.

Janus Henderson Group Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Thursday, August 28th. Stockholders of record on Monday, August 11th were issued a $0.40 dividend. The ex-dividend date was Monday, August 11th. This represents a $1.60 annualized dividend and a dividend yield of 3.5%. Janus Henderson Group’s dividend payout ratio is 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.