Teacher Retirement System of Texas Sells 111,052 Shares of Janus Henderson Group plc (NYSE:JHG)

Teacher Retirement System of Texas reduced its holdings in shares of Janus Henderson Group plc (NYSE:JHG - Free Report) by 45.7% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 132,175 shares of the company's stock after selling 111,052 shares during the quarter. Teacher Retirement System of Texas owned approximately 0.08% of Janus Henderson Group worth $5,621,000 as of its most recent SEC filing.

A number of other hedge funds also recently made changes to their positions in JHG. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its position in shares of Janus Henderson Group by 350.9% in 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 purchasing an additional 827,132 shares in the last quarter. Allianz Asset Management GmbH raised its holdings in shares of Janus Henderson Group by 32.5% in the 4th quarter. Allianz Asset Management GmbH now owns 1,927,318 shares of the company's stock valued at $81,969,000 after acquiring an additional 473,143 shares in the last quarter. Principal Financial Group Inc. boosted its position in shares of Janus Henderson Group by 28.9% during the 3rd quarter. Principal Financial Group Inc. now owns 2,081,630 shares of the company's stock valued at $79,248,000 after acquiring an additional 467,049 shares during the last quarter. Victory Capital Management Inc. increased its position in shares of Janus Henderson Group by 1,490.0% in the fourth 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 last quarter. Finally, National Bank of Canada FI purchased a new position in Janus Henderson Group in the 3rd quarter worth approximately $8,029,000. 87.94% of the stock is currently owned by institutional investors.

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Analyst Ratings Changes

Several research analysts have commented on JHG shares. UBS Group raised shares of Janus Henderson Group from a "neutral" rating to a "buy" rating and lifted their price target for the stock from $45.00 to $50.00 in a research note on Monday, February 24th. StockNews.com upgraded Janus Henderson Group from a "hold" rating to a "buy" rating in a research report on Monday, March 3rd. JPMorgan Chase & Co. raised shares of Janus Henderson Group from a "neutral" rating to an "overweight" rating and lifted their target price for the stock from $44.00 to $53.00 in a research note on Wednesday, February 5th. Wells Fargo & Company increased their price target on shares of Janus Henderson Group from $43.00 to $46.00 and gave the company an "equal weight" rating in a research report on Monday, February 3rd. Finally, The Goldman Sachs Group raised shares of Janus Henderson Group from a "sell" rating to a "neutral" rating and boosted their price objective for the company from $42.00 to $45.00 in a research report on Monday, January 6th. Five research analysts have rated the stock with a hold rating and four have issued a buy rating to the company's stock. Based on data from MarketBeat.com, the company currently has an average rating of "Hold" and a consensus price target of $47.38.

Janus Henderson Group Stock Performance

NYSE JHG traded down $0.03 during trading hours on Tuesday, hitting $37.81. 468,647 shares of the company's stock traded hands, compared to its average volume of 999,341. Janus Henderson Group plc has a 52 week low of $30.35 and a 52 week high of $46.68. The firm has a market capitalization of $5.96 billion, a P/E ratio of 14.78, a P/E/G ratio of 0.66 and a beta of 1.49. 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 business's fifty day moving average price is $41.58 and its two-hundred day moving average price is $41.51.

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

Janus Henderson Group Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, February 27th. Shareholders of record on Tuesday, February 11th were given a dividend of $0.39 per share. The ex-dividend date of this dividend was Tuesday, February 11th. This represents a $1.56 dividend on an annualized basis and a yield of 4.13%. Janus Henderson Group's dividend payout ratio (DPR) is presently 60.94%.

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.