Retirement Systems of Alabama Reduces Position in Janus Henderson Group plc (NYSE:JHG)

Retirement Systems of Alabama lessened its holdings in Janus Henderson Group plc (NYSE:JHG) by 2.3% during the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 154,774 shares of the company’s stock after selling 3,666 shares during the quarter. Retirement Systems of Alabama’s holdings in Janus Henderson Group were worth $5,892,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently bought and sold shares of JHG. Nisa Investment Advisors LLC raised its holdings in Janus Henderson Group by 257.8% during the second quarter. Nisa Investment Advisors LLC now owns 22,900 shares of the company’s stock worth $772,000 after purchasing an additional 16,500 shares in the last quarter. Miller Howard Investments Inc. NY raised its stake in Janus Henderson Group by 2.4% during the 2nd quarter. Miller Howard Investments Inc. NY now owns 11,928 shares of the company’s stock worth $402,000 after acquiring an additional 282 shares in the last quarter. 1834 Investment Advisors Co. lifted its position in Janus Henderson Group by 2.9% in the second quarter. 1834 Investment Advisors Co. now owns 98,305 shares of the company’s stock valued at $3,314,000 after acquiring an additional 2,743 shares during the last quarter. Zurcher Kantonalbank Zurich Cantonalbank boosted its stake in Janus Henderson Group by 17.7% in the second quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 29,521 shares of the company’s stock valued at $995,000 after acquiring an additional 4,442 shares in the last quarter. Finally, WBI Investments LLC boosted its stake in Janus Henderson Group by 259.8% in the second quarter. WBI Investments LLC now owns 91,949 shares of the company’s stock valued at $3,100,000 after acquiring an additional 66,393 shares in the last quarter. 87.94% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of analysts have recently commented on JHG shares. Deutsche Bank Aktiengesellschaft lifted their target price on Janus Henderson Group from $42.00 to $44.00 and gave the stock a “hold” rating in a research report on Monday, November 11th. UBS Group boosted their price objective on Janus Henderson Group from $37.00 to $41.00 and gave the company a “neutral” rating in a research note on Tuesday, October 22nd. Wells Fargo & Company raised their target price on shares of Janus Henderson Group from $41.00 to $45.00 and gave the stock an “equal weight” rating in a research report on Thursday, December 12th. Evercore ISI upped their price target on shares of Janus Henderson Group from $40.00 to $43.00 and gave the company an “in-line” rating in a research report on Thursday, November 7th. Finally, TD Cowen increased their price target on shares of Janus Henderson Group from $46.00 to $50.00 and gave the stock a “buy” rating in a research note on Friday, November 1st. One research analyst has rated the stock with a sell rating, seven have given a hold rating and one has given a buy rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus target price of $42.63.

Janus Henderson Group Stock Down 4.3 %

JHG stock opened at $41.59 on Thursday. The stock has a market capitalization of $6.61 billion, a PE ratio of 16.44, a price-to-earnings-growth ratio of 0.62 and a beta of 1.48. The company has a fifty day moving average of $42.94 and a 200-day moving average of $38.22. 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 one year low of $28.19 and a one year high of $45.74.

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

Janus Henderson Group Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Wednesday, November 27th. Investors of record on Wednesday, November 27th were paid a $0.39 dividend. The ex-dividend date of this dividend was Wednesday, November 27th. This represents a $1.56 dividend on an annualized basis and a dividend yield of 3.75%. Janus Henderson Group’s dividend payout ratio (DPR) is presently 61.66%.

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.