Thrivent Financial for Lutherans Sells 51,533 Shares of Janus Henderson Group plc (NYSE:JHG)

Thrivent Financial for Lutherans decreased its stake in Janus Henderson Group plc (NYSE:JHG - Free Report) by 20.8% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 196,113 shares of the company's stock after selling 51,533 shares during the period. Thrivent Financial for Lutherans owned about 0.12% of Janus Henderson Group worth $8,341,000 at the end of the most recent quarter.

A number of other hedge funds have also recently added to or reduced their stakes in the stock. Quarry LP lifted its stake in shares of Janus Henderson Group by 203.6% in the 3rd quarter. Quarry LP now owns 759 shares of the company's stock valued at $29,000 after acquiring an additional 509 shares during the last quarter. Richardson Financial Services Inc. raised its position in Janus Henderson Group by 89.4% in the fourth 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 last quarter. UMB Bank n.a. boosted its stake 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 valued at $33,000 after purchasing an additional 284 shares in the last quarter. Larson Financial Group LLC grew its holdings 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 purchasing 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 buying an additional 613 shares during the period. Institutional investors and hedge funds own 87.94% of the company's stock.

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Janus Henderson Group Trading Up 0.3 %

JHG traded up $0.11 during trading on Tuesday, reaching $37.94. 1,163,955 shares of the stock traded hands, compared to its average volume of 999,115. The stock's 50-day moving average is $41.52 and its 200 day moving average is $41.52. Janus Henderson Group plc has a 12 month low of $30.35 and a 12 month 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 $5.98 billion, a PE ratio of 14.82, a P/E/G ratio of 0.66 and a beta of 1.49.

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

Janus Henderson Group Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, February 27th. Stockholders of record on Tuesday, February 11th were given a dividend of $0.39 per share. This represents a $1.56 annualized dividend and a dividend yield of 4.11%. The ex-dividend date was Tuesday, February 11th. Janus Henderson Group's dividend payout ratio (DPR) is 60.94%.

Analyst Upgrades and Downgrades

JHG has been the topic of several recent research reports. UBS Group upgraded shares of Janus Henderson Group from a "neutral" rating to a "buy" rating and lifted their target price for the stock from $45.00 to $50.00 in a research report on Monday, February 24th. StockNews.com lowered shares of Janus Henderson Group from a "buy" rating to a "hold" rating in a report on Tuesday. Morgan Stanley increased their price objective on Janus Henderson Group from $46.00 to $48.00 and gave the company an "equal weight" rating in a report on Friday, December 20th. The Goldman Sachs Group raised Janus Henderson Group from a "sell" rating to a "neutral" rating and raised their target price for the stock from $42.00 to $45.00 in a research report on Monday, January 6th. Finally, Wells Fargo & Company upped their price target on 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. Six analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of "Hold" and an average price target of $47.38.

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.