Martingale Asset Management L P Sells 11,438 Shares of Janus Henderson Group plc (NYSE:JHG)

Martingale Asset Management L P reduced its holdings in shares of Janus Henderson Group plc (NYSE:JHG - Free Report) by 7.5% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 142,074 shares of the company's stock after selling 11,438 shares during the period. Martingale Asset Management L P owned about 0.09% of Janus Henderson Group worth $6,042,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently made changes to their positions in the business. Vanguard Group Inc. raised its holdings in Janus Henderson Group by 1.5% during the 4th quarter. Vanguard Group Inc. now owns 14,148,813 shares of the company's stock valued at $601,749,000 after buying an additional 203,330 shares during the last quarter. Charles Schwab Investment Management Inc. increased its position in shares of Janus Henderson Group by 3.3% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 4,593,441 shares of the company's stock valued at $195,359,000 after acquiring an additional 147,362 shares during the period. Geode Capital Management LLC raised its stake in shares of Janus Henderson Group by 0.6% during the third quarter. Geode Capital Management LLC now owns 2,124,618 shares of the company's stock valued at $80,907,000 after acquiring an additional 12,884 shares during the last quarter. Principal Financial Group Inc. boosted its holdings in shares of Janus Henderson Group by 28.9% during the third 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 during the period. Finally, Norges Bank bought a new stake in shares of Janus Henderson Group in the fourth quarter worth about $83,525,000. Institutional investors own 87.94% of the company's stock.

Analyst Ratings Changes

A number of equities research analysts have recently weighed in on JHG shares. UBS Group upgraded Janus Henderson Group from a "neutral" rating to a "buy" rating and lifted their price objective for the stock from $45.00 to $50.00 in a research report on Monday, February 24th. Bank of America raised shares of Janus Henderson Group from a "neutral" rating to a "buy" rating and dropped their target price for the stock from $57.00 to $43.00 in a research report on Thursday, April 3rd. The Goldman Sachs Group lowered their price objective on shares of Janus Henderson Group from $47.00 to $41.00 and set a "neutral" rating for the company in a report on Thursday, April 3rd. Wells Fargo & Company lowered their target price 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. Finally, Evercore ISI reduced their price target on Janus Henderson Group from $44.00 to $33.00 and set an "in-line" rating on the stock in a research note on Friday. Six investment analysts have rated the stock with a hold rating and four have issued a buy rating to the company. According to MarketBeat, the company has an average rating of "Hold" and a consensus target price of $44.22.

Janus Henderson Group Stock Up 1.4 %

NYSE:JHG traded up $0.44 on Tuesday, reaching $31.72. 440,523 shares of the stock traded hands, compared to its average volume of 1,076,689. The company has a market capitalization of $5.00 billion, a price-to-earnings ratio of 12.39, a PEG ratio of 0.66 and a beta of 1.43. Janus Henderson Group plc has a 12 month low of $28.26 and a 12 month high of $46.68. The company has a current ratio of 3.08, a quick ratio of 2.08 and a debt-to-equity ratio of 0.08. The company's fifty day simple moving average is $38.21 and its 200 day simple moving average is $41.03.

Janus Henderson Group (NYSE:JHG - Get Free Report) last posted its quarterly earnings results on Friday, January 31st. The company reported $1.07 earnings per share 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 previous year, the company earned $0.82 earnings per share. Equities analysts predict that Janus Henderson Group plc will post 3.75 EPS for the current fiscal year.

Janus Henderson Group Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, February 27th. Stockholders of record on Tuesday, February 11th were issued a dividend of $0.39 per share. This represents a $1.56 dividend on an annualized basis and a dividend yield of 4.92%. The ex-dividend date of this dividend was Tuesday, February 11th. Janus Henderson Group's payout ratio is presently 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.