Fisher Asset Management LLC Sells 42,799 Shares of Janus Henderson Group plc (NYSE:JHG)

Fisher Asset Management LLC reduced its position in Janus Henderson Group plc (NYSE:JHG - Free Report) by 2.3% during the third quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 1,780,375 shares of the company's stock after selling 42,799 shares during the quarter. Fisher Asset Management LLC owned approximately 1.12% of Janus Henderson Group worth $67,779,000 as of its most recent filing with the SEC.

Other institutional investors also recently modified their holdings of the company. Price T Rowe Associates Inc. MD raised its holdings in Janus Henderson Group by 177.0% during the first quarter. Price T Rowe Associates Inc. MD now owns 208,686 shares of the company's stock worth $6,865,000 after buying an additional 133,356 shares during the last quarter. Foundry Partners LLC purchased a new stake in shares of Janus Henderson Group in the second quarter valued at about $566,000. Jane Street Group LLC raised its holdings in shares of Janus Henderson Group by 536.7% in the first quarter. Jane Street Group LLC now owns 151,875 shares of the company's stock valued at $4,995,000 after purchasing an additional 128,021 shares during the last quarter. Jacobs Levy Equity Management Inc. increased its holdings in Janus Henderson Group by 124.5% during the first quarter. Jacobs Levy Equity Management Inc. now owns 327,393 shares of the company's stock worth $10,768,000 after buying an additional 181,587 shares during the last quarter. Finally, Dimensional Fund Advisors LP increased its holdings in Janus Henderson Group by 4.4% during the second quarter. Dimensional Fund Advisors LP now owns 8,090,743 shares of the company's stock worth $272,741,000 after buying an additional 344,582 shares during the last quarter. 87.94% of the stock is owned by institutional investors.

Janus Henderson Group Price Performance

JHG traded up $0.06 on Tuesday, reaching $45.32. The company had a trading volume of 1,214,181 shares, compared to its average volume of 1,025,630. The business has a 50 day simple moving average of $40.88 and a 200 day simple moving average of $37.00. The company has a market cap of $7.20 billion, a price-to-earnings ratio of 17.88, a P/E/G ratio of 0.59 and a beta of 1.49. The company has a debt-to-equity ratio of 0.09, a quick ratio of 2.08 and a current ratio of 3.08. Janus Henderson Group plc has a 52-week low of $25.39 and a 52-week high of $45.74.

Janus Henderson Group (NYSE:JHG - Get Free Report) last announced its earnings results on Thursday, October 31st. The company reported $0.91 earnings per share for the quarter, beating analysts' consensus estimates of $0.80 by $0.11. The business had revenue of $624.80 million for the quarter, compared to the consensus estimate of $600.88 million. Janus Henderson Group had a net margin of 17.33% and a return on equity of 11.49%. Janus Henderson Group's quarterly revenue was up 19.9% on a year-over-year basis. During the same period last year, the firm posted $0.64 earnings per share. As a group, sell-side analysts anticipate that Janus Henderson Group plc will post 3.43 EPS for the current year.

Janus Henderson Group Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, November 27th. Shareholders of record on Wednesday, November 27th will be paid a dividend of $0.39 per share. This represents a $1.56 annualized dividend and a dividend yield of 3.44%. The ex-dividend date of this dividend is Wednesday, November 27th. Janus Henderson Group's dividend payout ratio (DPR) is presently 61.66%.

Insiders Place Their Bets

In related news, CFO Roger Mj Thompson sold 9,000 shares of Janus Henderson Group stock in a transaction on Thursday, September 12th. The shares were sold at an average price of $35.60, for a total value of $320,400.00. Following the transaction, the chief financial officer now directly owns 130,171 shares of the company's stock, valued at $4,634,087.60. The trade was a 6.47 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Insiders own 20.00% of the company's stock.

Wall Street Analyst Weigh In

A number of analysts recently issued reports on JHG shares. Morgan Stanley raised their price objective on shares of Janus Henderson Group from $39.00 to $42.00 and gave the stock an "equal weight" rating in a report on Friday, October 18th. UBS Group increased their target price on shares of Janus Henderson Group from $37.00 to $41.00 and gave the stock a "neutral" rating in a research report on Tuesday, October 22nd. Wells Fargo & Company increased their target price on shares of Janus Henderson Group from $37.00 to $38.00 and gave the stock an "equal weight" rating in a research report on Wednesday, October 9th. The Goldman Sachs Group raised their price objective on shares of Janus Henderson Group from $36.00 to $37.00 and gave the company a "sell" rating in a research report on Thursday, October 3rd. Finally, TD Cowen raised their price objective on shares of Janus Henderson Group from $46.00 to $50.00 and gave the company a "buy" rating in a research report on Friday, November 1st. One investment analyst has rated the stock with a sell rating, seven have assigned a hold rating and one has issued a buy rating to the company. According to data from MarketBeat, the company currently has an average rating of "Hold" and an average price target of $41.75.

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.