Janus Henderson Group plc (NYSE:JHG) Shares Sold by Rhumbline Advisers

Rhumbline Advisers reduced its stake in Janus Henderson Group plc (NYSE:JHG) by 3.0% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 345,310 shares of the company’s stock after selling 10,814 shares during the period. Rhumbline Advisers owned 0.22% of Janus Henderson Group worth $14,686,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors also recently made changes to their positions in the company. Charles Schwab Investment Management Inc. raised its holdings in shares of Janus Henderson Group by 0.8% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 4,446,079 shares of the company’s stock worth $169,262,000 after purchasing an additional 36,711 shares in the last quarter. Geode Capital Management LLC raised its holdings in shares of Janus Henderson Group by 0.6% in the 3rd quarter. Geode Capital Management LLC now owns 2,124,618 shares of the company’s stock worth $80,907,000 after purchasing an additional 12,884 shares in the last quarter. Principal Financial Group Inc. raised its holdings in shares of Janus Henderson Group by 28.9% in the 3rd quarter. Principal Financial Group Inc. now owns 2,081,630 shares of the company’s stock worth $79,248,000 after purchasing an additional 467,049 shares in the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised 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 worth $40,463,000 after purchasing an additional 827,132 shares in the last quarter. Finally, JPMorgan Chase & Co. raised its holdings in shares of Janus Henderson Group by 8.3% in the 3rd quarter. JPMorgan Chase & Co. now owns 578,890 shares of the company’s stock worth $22,038,000 after purchasing an additional 44,378 shares in the last quarter. 87.94% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of analysts recently commented on JHG shares. The Goldman Sachs Group upgraded shares of Janus Henderson Group from a “sell” rating to a “neutral” rating and boosted their target price for the stock from $42.00 to $45.00 in a report on Monday, January 6th. Deutsche Bank Aktiengesellschaft boosted their target price on shares of Janus Henderson Group from $42.00 to $44.00 and gave the stock a “hold” rating in a report on Monday, November 11th. Morgan Stanley boosted their target price on shares of Janus Henderson Group from $46.00 to $48.00 and gave the stock an “equal weight” rating in a report on Friday, December 20th. UBS Group boosted their price target on shares of Janus Henderson Group from $42.00 to $45.00 and gave the company a “neutral” rating in a report on Monday, February 3rd. Finally, Wells Fargo & Company boosted their price target on shares of Janus Henderson Group from $43.00 to $46.00 and gave the company an “equal weight” rating in a report on Monday, February 3rd. Seven investment analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Hold” and an average price target of $46.75.

Janus Henderson Group Stock Down 1.9 %

Janus Henderson Group stock opened at $41.85 on Friday. The firm has a market cap of $6.65 billion, a PE ratio of 16.35, a P/E/G ratio of 0.66 and a beta of 1.50. The company has a debt-to-equity ratio of 0.08, a quick ratio of 2.08 and a current ratio of 3.08. The firm’s 50 day moving average price is $43.16 and its two-hundred day moving average price is $41.03. Janus Henderson Group plc has a twelve month low of $30.35 and a twelve month high of $46.68.

Janus Henderson Group (NYSE:JHG) last released its quarterly earnings data on Friday, January 31st. The company reported $1.07 earnings per share for the quarter, beating the consensus estimate of $0.94 by $0.13. Janus Henderson Group had a net margin of 16.38% and a return on equity of 12.18%. During the same period last year, the firm posted $0.82 EPS. On average, research analysts predict that Janus Henderson Group plc will post 3.75 EPS for the current fiscal year.

Janus Henderson Group Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, February 27th. Shareholders of record on Tuesday, February 11th will be paid a $0.39 dividend. The ex-dividend date is Tuesday, February 11th. This represents a $1.56 annualized dividend and a yield of 3.73%. Janus Henderson Group’s dividend payout ratio is presently 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.