State of New Jersey Common Pension Fund D Has $2.03 Million Holdings in Janus Henderson Group plc (NYSE:JHG)

State of New Jersey Common Pension Fund D cut its holdings in Janus Henderson Group plc (NYSE:JHG) by 10.5% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 47,795 shares of the company’s stock after selling 5,613 shares during the period. State of New Jersey Common Pension Fund D’s holdings in Janus Henderson Group were worth $2,033,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in JHG. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its holdings in shares of Janus Henderson Group by 350.9% in the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 1,062,869 shares of the company’s stock valued at $40,463,000 after buying an additional 827,132 shares during the last quarter. Principal Financial Group Inc. grew its position in shares of Janus Henderson Group by 28.9% in the third quarter. Principal Financial Group Inc. now owns 2,081,630 shares of the company’s stock valued at $79,248,000 after purchasing an additional 467,049 shares during the last quarter. National Bank of Canada FI bought a new position in Janus Henderson Group during the 3rd quarter worth $8,029,000. Mutual of America Capital Management LLC increased its position in Janus Henderson Group by 210.6% during the third quarter. Mutual of America Capital Management LLC now owns 228,276 shares of the company’s stock worth $8,690,000 after acquiring an additional 154,778 shares during the period. Finally, Intech Investment Management LLC acquired a new stake in shares of Janus Henderson Group in the third quarter valued at approximately $3,971,000. 87.94% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of research analysts recently commented on JHG shares. UBS Group boosted their price target on Janus Henderson Group from $42.00 to $45.00 and gave the company a “neutral” rating in a research note on Monday, February 3rd. JPMorgan Chase & Co. raised Janus Henderson Group from a “neutral” rating to an “overweight” rating and raised their price objective for the company from $44.00 to $53.00 in a report on Wednesday, February 5th. Wells Fargo & Company boosted their target price on shares of Janus Henderson Group from $43.00 to $46.00 and gave the stock an “equal weight” rating in a report on Monday, February 3rd. Evercore ISI increased their price target on Janus Henderson Group from $40.00 to $43.00 and gave the company an “in-line” rating in a research note on Thursday, November 7th. Finally, Deutsche Bank Aktiengesellschaft increased their price objective on shares of Janus Henderson Group from $42.00 to $44.00 and gave the stock a “hold” rating in a research report on Monday, November 11th. Seven equities research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Hold” and a consensus price target of $46.75.

Janus Henderson Group Price Performance

Shares of NYSE:JHG opened at $41.85 on Monday. 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 stock’s 50 day moving average is $43.16 and its 200-day moving average is $41.13. Janus Henderson Group plc has a twelve month low of $30.35 and a twelve month high of $46.68. The firm has a market capitalization of $6.65 billion, a price-to-earnings ratio of 16.35, a PEG ratio of 0.66 and a beta of 1.50.

Janus Henderson Group (NYSE:JHG) last issued its quarterly earnings data on Friday, January 31st. The company reported $1.07 EPS for the quarter, topping the consensus estimate of $0.94 by $0.13. Janus Henderson Group had a return on equity of 12.18% and a net margin of 16.38%. During the same period in the prior year, the firm earned $0.82 earnings per share. Sell-side analysts forecast that Janus Henderson Group plc will post 3.75 EPS for the current fiscal year.

Janus Henderson Group Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, February 27th. Shareholders of record on Tuesday, February 11th will be given a dividend of $0.39 per share. The ex-dividend date of this dividend is Tuesday, February 11th. This represents a $1.56 annualized dividend and a dividend yield of 3.73%. Janus Henderson Group’s dividend payout ratio is currently 60.94%.

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.