Janus Henderson Group plc (NYSE:JHG) Shares Sold by Fisher Asset Management LLC

Fisher Asset Management LLC reduced its stake in shares of Janus Henderson Group plc (NYSE:JHG) by 19.3% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,833,592 shares of the company’s stock after selling 438,067 shares during the quarter. Fisher Asset Management LLC owned about 1.11% of Janus Henderson Group worth $55,283,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Greenwood Capital Associates LLC raised its stake in Janus Henderson Group by 0.8% during the 4th quarter. Greenwood Capital Associates LLC now owns 45,635 shares of the company’s stock worth $1,376,000 after acquiring an additional 350 shares in the last quarter. EverSource Wealth Advisors LLC increased its stake in Janus Henderson Group by 39.7% in the fourth quarter. EverSource Wealth Advisors LLC now owns 1,299 shares of the company’s stock valued at $39,000 after purchasing an additional 369 shares during the period. Hexagon Capital Partners LLC increased its stake in Janus Henderson Group by 72.6% in the fourth quarter. Hexagon Capital Partners LLC now owns 1,210 shares of the company’s stock valued at $36,000 after purchasing an additional 509 shares during the period. Retirement Systems of Alabama increased its stake in Janus Henderson Group by 0.3% in the fourth quarter. Retirement Systems of Alabama now owns 165,982 shares of the company’s stock valued at $5,004,000 after purchasing an additional 509 shares during the period. Finally, Treasurer of the State of North Carolina increased its stake in Janus Henderson Group by 1.0% in the fourth quarter. Treasurer of the State of North Carolina now owns 59,365 shares of the company’s stock valued at $1,790,000 after purchasing an additional 580 shares during the period. 87.94% of the stock is currently owned by institutional investors and hedge funds.

Janus Henderson Group Price Performance

Shares of JHG stock opened at $32.68 on Monday. The company has a market capitalization of $5.24 billion, a PE ratio of 12.33, a price-to-earnings-growth ratio of 0.95 and a beta of 1.50. The firm has a fifty day simple moving average of $32.68 and a 200-day simple moving average of $31.09. The company has a current ratio of 3.92, a quick ratio of 2.64 and a debt-to-equity ratio of 0.07. Janus Henderson Group plc has a twelve month low of $22.17 and a twelve month high of $34.96.

Janus Henderson Group (NYSE:JHG) last announced its earnings results on Thursday, May 2nd. The company reported $0.71 earnings per share for the quarter, beating the consensus estimate of $0.63 by $0.08. Janus Henderson Group had a net margin of 19.89% and a return on equity of 10.02%. The business had revenue of $551.70 million during the quarter, compared to the consensus estimate of $547.20 million. During the same period in the prior year, the firm earned $0.55 earnings per share. The business’s quarterly revenue was up 11.3% compared to the same quarter last year. Equities research analysts anticipate that Janus Henderson Group plc will post 2.98 earnings per share for the current fiscal year.

Janus Henderson Group Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, May 29th. Shareholders of record on Monday, May 13th were paid a dividend of $0.39 per share. The ex-dividend date of this dividend was Friday, May 10th. This represents a $1.56 dividend on an annualized basis and a yield of 4.77%. Janus Henderson Group’s dividend payout ratio (DPR) is 58.87%.

Analyst Ratings Changes

A number of research firms have commented on JHG. StockNews.com lowered shares of Janus Henderson Group from a “buy” rating to a “hold” rating in a research note on Friday, May 3rd. Morgan Stanley lifted their price objective on shares of Janus Henderson Group from $30.00 to $33.00 and gave the company an “equal weight” rating in a research note on Wednesday, April 17th. UBS Group lifted their target price 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. The Goldman Sachs Group lifted their target price on shares of Janus Henderson Group from $29.00 to $32.00 and gave the company a “sell” rating in a report on Tuesday, April 2nd. Finally, JPMorgan Chase & Co. boosted their price objective on shares of Janus Henderson Group from $35.00 to $36.00 and gave the stock a “neutral” rating in a report on Friday, May 3rd. Two equities research analysts have rated the stock with a sell rating, five have given a hold rating and two have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus price target of $30.37.

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.