Teacher Retirement System of Texas Cuts Holdings in Janus Henderson Group plc (NYSE:JHG)

Teacher Retirement System of Texas cut its position in shares of Janus Henderson Group plc (NYSE:JHG - Free Report) by 45.7% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 132,175 shares of the company's stock after selling 111,052 shares during the period. Teacher Retirement System of Texas owned about 0.08% of Janus Henderson Group worth $5,621,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds have also made changes to their positions in JHG. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its stake in shares of Janus Henderson Group by 350.9% during the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 1,062,869 shares of the company's stock valued at $40,463,000 after buying an additional 827,132 shares during the period. Allianz Asset Management GmbH increased its position in Janus Henderson Group by 32.5% during the 4th quarter. Allianz Asset Management GmbH now owns 1,927,318 shares of the company's stock valued at $81,969,000 after purchasing an additional 473,143 shares during the period. 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 valued at $79,248,000 after purchasing an additional 467,049 shares in the last quarter. Victory Capital Management Inc. lifted its position in shares of Janus Henderson Group by 1,490.0% in the 4th quarter. Victory Capital Management Inc. now owns 272,961 shares of the company's stock worth $11,609,000 after purchasing an additional 255,794 shares during the period. Finally, National Bank of Canada FI purchased a new position in Janus Henderson Group during the third quarter valued at approximately $8,029,000. 87.94% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of analysts have weighed in on the company. UBS Group upgraded Janus Henderson Group from a "neutral" rating to a "buy" rating and upped their target price for the stock from $45.00 to $50.00 in a report on Monday, February 24th. Morgan Stanley raised their price objective on Janus Henderson Group from $46.00 to $48.00 and gave the company an "equal weight" rating in a research report on Friday, December 20th. The Goldman Sachs Group raised shares of Janus Henderson Group from a "sell" rating to a "neutral" rating and increased their price target for the company from $42.00 to $45.00 in a research report on Monday, January 6th. Wells Fargo & Company lifted their price objective on shares of Janus Henderson Group from $43.00 to $46.00 and gave the stock an "equal weight" rating in a research report on Monday, February 3rd. Finally, JPMorgan Chase & Co. raised shares of Janus Henderson Group from a "neutral" rating to an "overweight" rating and increased their target price for the company from $44.00 to $53.00 in a research report on Wednesday, February 5th. Six investment analysts have rated the stock with a hold rating and three have assigned a buy rating to the company's stock. Based on data from MarketBeat.com, Janus Henderson Group has an average rating of "Hold" and an average target price of $47.38.

Janus Henderson Group Stock Performance

Shares of NYSE:JHG traded down $0.44 during midday trading on Thursday, reaching $37.06. The company's stock had a trading volume of 1,591,739 shares, compared to its average volume of 1,000,515. 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 fifty day moving average of $41.44 and a 200 day moving average of $41.50. Janus Henderson Group plc has a twelve month low of $30.35 and a twelve month high of $46.68. The firm has a market capitalization of $5.84 billion, a PE ratio of 14.48, a P/E/G ratio of 0.66 and a beta of 1.49.

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 company posted $0.82 earnings per share. On average, equities analysts expect that Janus Henderson Group plc will post 3.75 EPS for the current fiscal year.

Janus Henderson Group Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Thursday, February 27th. Shareholders of record on Tuesday, February 11th were issued a $0.39 dividend. This represents a $1.56 dividend on an annualized basis and a yield of 4.21%. The ex-dividend date was Tuesday, February 11th. Janus Henderson Group's 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.