Fisher Asset Management LLC Decreases Stock Holdings in Janus Henderson Group plc (NYSE:JHG)

Fisher Asset Management LLC lowered its holdings in Janus Henderson Group plc (NYSE:JHG) by 2.3% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 1,780,375 shares of the company’s stock after selling 42,799 shares during the period. Fisher Asset Management LLC owned about 1.12% of Janus Henderson Group worth $67,779,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of JHG. Algert Global LLC grew its position in shares of Janus Henderson Group by 96.6% during the 3rd quarter. Algert Global LLC now owns 154,335 shares of the company’s stock valued at $5,876,000 after acquiring an additional 75,840 shares during the period. Cerity Partners LLC bought a new position in Janus Henderson Group during the third quarter valued at $649,000. Charles Schwab Investment Management Inc. increased its position in Janus Henderson Group by 0.8% in the third quarter. Charles Schwab Investment Management Inc. now owns 4,446,079 shares of the company’s stock worth $169,262,000 after buying an additional 36,711 shares during the last quarter. Intech Investment Management LLC bought a new stake in shares of Janus Henderson Group in the third quarter valued at $3,971,000. Finally, Commerce Bank lifted its position in shares of Janus Henderson Group by 10.8% during the 3rd quarter. Commerce Bank now owns 19,242 shares of the company’s stock valued at $733,000 after buying an additional 1,872 shares during the last quarter. Institutional investors own 87.94% of the company’s stock.

Janus Henderson Group Trading Up 0.2 %

Shares of JHG opened at $45.24 on Tuesday. The company has a debt-to-equity ratio of 0.09, a quick ratio of 2.08 and a current ratio of 3.08. Janus Henderson Group plc has a fifty-two week low of $25.39 and a fifty-two week high of $45.74. The firm has a 50 day moving average price of $40.88 and a 200-day moving average price of $37.00. The firm has a market cap of $7.19 billion, a price-to-earnings ratio of 17.88, a PEG ratio of 0.59 and a beta of 1.49.

Janus Henderson Group (NYSE:JHG) last posted its quarterly earnings results on Thursday, October 31st. The company reported $0.91 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.80 by $0.11. The business had revenue of $624.80 million during the quarter, compared to analyst estimates of $600.88 million. Janus Henderson Group had a net margin of 17.33% and a return on equity of 11.49%. The company’s revenue was up 19.9% on a year-over-year basis. During the same period in the prior year, the business posted $0.64 earnings per share. As a group, equities research analysts forecast that Janus Henderson Group plc will post 3.43 earnings per share for the current year.

Janus Henderson Group Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, November 27th. Shareholders of record on Wednesday, November 27th will be given a $0.39 dividend. The ex-dividend date of this dividend is Wednesday, November 27th. This represents a $1.56 annualized dividend and a yield of 3.45%. Janus Henderson Group’s payout ratio is currently 61.66%.

Analyst Ratings Changes

A number of equities analysts have weighed in on the stock. JPMorgan Chase & Co. increased their target price on shares of Janus Henderson Group from $38.00 to $39.00 and gave the stock a “neutral” rating in a research report on Friday, August 2nd. Wells Fargo & Company boosted their target price on shares of Janus Henderson Group from $37.00 to $38.00 and gave the company an “equal weight” rating in a report on Wednesday, October 9th. The Goldman Sachs Group raised their price target on Janus Henderson Group from $36.00 to $37.00 and gave the stock a “sell” rating in a report on Thursday, October 3rd. Evercore ISI boosted their price objective on Janus Henderson Group from $40.00 to $43.00 and gave the company an “in-line” rating in a research note on Thursday, November 7th. Finally, Deutsche Bank Aktiengesellschaft raised their target price on Janus Henderson Group from $42.00 to $44.00 and gave the stock a “hold” rating in a research note on Monday, November 11th. One investment analyst has rated the stock with a sell rating, seven have issued a hold rating and one has issued a buy rating to the company. According to MarketBeat, the company currently has a consensus rating of “Hold” and an average price target of $41.75.

Insider Activity

In related news, CFO Roger Mj Thompson sold 9,000 shares of the company’s stock in a transaction on Thursday, September 12th. The shares were sold at an average price of $35.60, for a total transaction of $320,400.00. Following the completion of the sale, the chief financial officer now directly owns 130,171 shares in the company, valued at $4,634,087.60. This represents a 6.47 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. Insiders own 20.00% of the company’s stock.

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.