Geode Capital Management LLC Reduces Position in Janus Henderson Group plc (NYSE:JHG)

Geode Capital Management LLC trimmed its position in shares of Janus Henderson Group plc (NYSE:JHG - Free Report) by 0.5% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 2,113,019 shares of the company's stock after selling 11,599 shares during the period. Geode Capital Management LLC owned approximately 1.33% of Janus Henderson Group worth $89,895,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Quarry LP grew its stake in shares of Janus Henderson Group by 203.6% in the third quarter. Quarry LP now owns 759 shares of the company's stock valued at $29,000 after buying an additional 509 shares in the last quarter. UMB Bank n.a. raised its stake in Janus Henderson Group by 56.5% during the fourth quarter. UMB Bank n.a. now owns 787 shares of the company's stock worth $33,000 after acquiring an additional 284 shares during the period. Richardson Financial Services Inc. boosted its position in Janus Henderson Group by 89.4% during the 4th quarter. Richardson Financial Services Inc. now owns 769 shares of the company's stock valued at $33,000 after purchasing an additional 363 shares during the period. Larson Financial Group LLC grew its position in shares of Janus Henderson Group by 33.9% during the fourth quarter. Larson Financial Group LLC now owns 1,137 shares of the company's stock worth $48,000 after acquiring an additional 288 shares during the last quarter. Finally, EverSource Wealth Advisors LLC increased its stake in shares of Janus Henderson Group by 48.7% in the fourth quarter. EverSource Wealth Advisors LLC now owns 1,872 shares of the company's stock valued at $80,000 after purchasing an additional 613 shares during the period. Institutional investors and hedge funds own 87.94% of the company's stock.

Janus Henderson Group Price Performance

Shares of NYSE JHG traded down $0.38 during mid-day trading on Wednesday, reaching $30.93. 157,511 shares of the company were exchanged, compared to its average volume of 1,078,711. The company's 50 day moving average price is $37.92 and its 200 day moving average price is $40.96. Janus Henderson Group plc has a 52 week low of $28.26 and a 52 week high of $46.68. 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 has a market capitalization of $4.87 billion, a PE ratio of 12.07, a PEG ratio of 0.66 and a beta of 1.43.

Janus Henderson Group (NYSE:JHG - Get Free Report) last released its quarterly earnings data on Friday, January 31st. The company reported $1.07 earnings per share for the quarter, beating analysts' consensus estimates 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 quarter last year, the firm earned $0.82 earnings per share. Sell-side analysts forecast that Janus Henderson Group plc will post 3.75 earnings per share for the current fiscal year.

Janus Henderson Group Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Thursday, February 27th. Stockholders of record on Tuesday, February 11th were given a $0.39 dividend. This represents a $1.56 annualized dividend and a dividend yield of 5.04%. The ex-dividend date of this dividend was Tuesday, February 11th. Janus Henderson Group's dividend payout ratio is currently 60.94%.

Analysts Set New Price Targets

A number of brokerages have issued reports on JHG. Wells Fargo & Company decreased their price target on Janus Henderson Group from $46.00 to $36.00 and set an "equal weight" rating for the company in a research note on Tuesday, April 8th. UBS Group upgraded Janus Henderson Group from a "neutral" rating to a "buy" rating and increased their price objective for the stock from $45.00 to $50.00 in a report on Monday, February 24th. Bank of America upgraded Janus Henderson Group from a "neutral" rating to a "buy" rating and cut their target price for the company from $57.00 to $43.00 in a report on Thursday, April 3rd. StockNews.com downgraded Janus Henderson Group from a "buy" rating to a "hold" rating in a research note on Tuesday, March 25th. Finally, Morgan Stanley lifted their target price on Janus Henderson Group from $46.00 to $48.00 and gave the stock an "equal weight" rating in a research report on Friday, December 20th. Six analysts have rated the stock with a hold rating and four have given a buy rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of "Hold" and an average target price of $44.22.

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.