New York State Teachers Retirement System Lowers Holdings in Janus Henderson Group plc (NYSE:JHG)

New York State Teachers Retirement System lessened its stake in shares of Janus Henderson Group plc (NYSE:JHG - Free Report) by 3.8% during the fourth quarter, according to the company in its most recent disclosure with the SEC. The fund owned 183,993 shares of the company's stock after selling 7,341 shares during the quarter. New York State Teachers Retirement System owned approximately 0.12% of Janus Henderson Group worth $7,825,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Quarry LP grew its stake in shares of Janus Henderson Group by 203.6% during the third quarter. Quarry LP now owns 759 shares of the company's stock worth $29,000 after buying an additional 509 shares during the last quarter. UMB Bank n.a. lifted its holdings in shares of 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 purchasing an additional 284 shares during the period. Richardson Financial Services Inc. lifted its holdings in shares of Janus Henderson Group by 89.4% during the fourth quarter. Richardson Financial Services Inc. now owns 769 shares of the company's stock worth $33,000 after purchasing an additional 363 shares during the period. Huntington National Bank lifted its holdings in shares of Janus Henderson Group by 24.5% during the third quarter. Huntington National Bank now owns 1,219 shares of the company's stock worth $46,000 after purchasing an additional 240 shares during the period. Finally, Addison Advisors LLC lifted its holdings in shares of Janus Henderson Group by 103.4% during the third quarter. Addison Advisors LLC now owns 1,263 shares of the company's stock worth $48,000 after purchasing an additional 642 shares during the period. Institutional investors own 87.94% of the company's stock.

Wall Street Analyst Weigh In

JHG has been the topic of a number of recent research reports. JPMorgan Chase & Co. upgraded shares of Janus Henderson Group from a "neutral" rating to an "overweight" rating and lifted their price target for the stock from $44.00 to $53.00 in a report on Wednesday, February 5th. Evercore ISI lifted their price target on shares of Janus Henderson Group from $40.00 to $43.00 and gave the stock an "in-line" rating in a report on Thursday, November 7th. TD Cowen lifted their price target on shares of Janus Henderson Group from $46.00 to $50.00 and gave the stock a "buy" rating in a report on Friday, November 1st. Wells Fargo & Company boosted their target price 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. Finally, Morgan Stanley boosted their target price on shares of Janus Henderson Group from $46.00 to $48.00 and gave the company an "equal weight" rating in a report on Friday, December 20th. Seven investment analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. According to MarketBeat.com, Janus Henderson Group presently has an average rating of "Hold" and an average target price of $46.75.

Janus Henderson Group Stock Performance

JHG traded down $0.81 during midday trading on Friday, reaching $41.85. The company had a trading volume of 816,603 shares, compared to its average volume of 959,849. 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 stock 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. Janus Henderson Group plc has a 12-month low of $30.35 and a 12-month high of $46.68. The business has a 50-day moving average price of $43.16 and a two-hundred day moving average price of $41.03.

Janus Henderson Group (NYSE:JHG - Get Free Report) last released its earnings results 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 net margin of 16.38% and a return on equity of 12.18%. During the same period in the previous year, the business earned $0.82 EPS. On average, sell-side analysts expect that Janus Henderson Group plc will post 3.75 earnings per share for the current fiscal year.

Janus Henderson Group Announces Dividend

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

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.