New York State Teachers Retirement System Sells 250 Shares of Janus Henderson Group plc $JHG

New York State Teachers Retirement System decreased its holdings in shares of Janus Henderson Group plc (NYSE:JHG) by 0.1% in the 2nd quarter, according to its most recent 13F filing with the SEC. The fund owned 173,341 shares of the company’s stock after selling 250 shares during the period. New York State Teachers Retirement System’s holdings in Janus Henderson Group were worth $6,733,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently made changes to their positions in the business. Louisiana State Employees Retirement System raised its position in shares of Janus Henderson Group by 0.8% during the 1st quarter. Louisiana State Employees Retirement System now owns 35,600 shares of the company’s stock valued at $1,287,000 after acquiring an additional 300 shares during the last quarter. Arete Wealth Advisors LLC increased its position in shares of Janus Henderson Group by 2.4% in the 1st quarter. Arete Wealth Advisors LLC now owns 12,954 shares of the company’s stock valued at $468,000 after buying an additional 309 shares in the last quarter. Mubadala Investment Co PJSC increased its position in shares of Janus Henderson Group by 0.6% in the 1st quarter. Mubadala Investment Co PJSC now owns 56,807 shares of the company’s stock valued at $2,054,000 after buying an additional 324 shares in the last quarter. Parallel Advisors LLC increased its position in shares of Janus Henderson Group by 3.5% in the 2nd quarter. Parallel Advisors LLC now owns 10,672 shares of the company’s stock valued at $414,000 after buying an additional 364 shares in the last quarter. Finally, Sylvest Advisors LLC increased its position in shares of Janus Henderson Group by 3.1% in the 2nd quarter. Sylvest Advisors LLC now owns 12,099 shares of the company’s stock valued at $470,000 after buying an additional 364 shares in the last quarter. Institutional investors own 87.94% of the company’s stock.

Insider Activity

In related news, CFO Roger Mj Thompson sold 27,491 shares of the company’s stock in a transaction dated Thursday, September 11th. The stock was sold at an average price of $45.26, for a total transaction of $1,244,242.66. Following the sale, the chief financial officer owned 113,097 shares in the company, valued at approximately $5,118,770.22. This represents a 19.55% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, insider Georgina Fogo sold 69,000 shares of the company’s stock in a transaction dated Monday, August 4th. The stock was sold at an average price of $43.07, for a total value of $2,971,830.00. Following the sale, the insider owned 58,057 shares in the company, valued at $2,500,514.99. The trade was a 54.31% decrease in their position. The disclosure for this sale can be found here. Corporate insiders own 20.40% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research firms recently commented on JHG. Zacks Research upgraded shares of Janus Henderson Group from a “hold” rating to a “strong-buy” rating in a research report on Monday, October 13th. BMO Capital Markets began coverage on shares of Janus Henderson Group in a research report on Friday, October 3rd. They issued an “outperform” rating and a $52.00 price objective for the company. Wall Street Zen upgraded shares of Janus Henderson Group from a “hold” rating to a “buy” rating in a research report on Saturday, October 11th. Morgan Stanley restated a “positive” rating on shares of Janus Henderson Group in a research report on Monday, October 6th. Finally, Wells Fargo & Company upped their target price on shares of Janus Henderson Group from $37.00 to $44.00 and gave the stock an “equal weight” rating in a research note on Friday, July 11th. Two analysts have rated the stock with a Strong Buy rating, seven have given a Buy rating and four have issued a Hold rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $47.00.

Janus Henderson Group Price Performance

Shares of NYSE JHG opened at $41.73 on Monday. The firm has a market cap of $6.51 billion, a PE ratio of 15.69, a PEG ratio of 0.90 and a beta of 1.54. The company has a current ratio of 4.49, a quick ratio of 3.91 and a debt-to-equity ratio of 0.08. Janus Henderson Group plc has a 1-year low of $28.26 and a 1-year high of $46.68. The company has a fifty day moving average price of $44.16 and a 200 day moving average price of $39.62.

Janus Henderson Group (NYSE:JHG) last announced its earnings results on Thursday, July 31st. The company reported $0.90 earnings per share for the quarter, topping analysts’ consensus estimates of $0.84 by $0.06. The firm had revenue of $633.20 million during the quarter, compared to analyst estimates of $614.46 million. Janus Henderson Group had a net margin of 16.06% and a return on equity of 12.01%. The company’s revenue for the quarter was up 7.6% compared to the same quarter last year. During the same period in the prior year, the business earned $0.85 EPS. Research analysts predict that Janus Henderson Group plc will post 3.75 earnings per share for the current fiscal year.

Janus Henderson Group Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Thursday, August 28th. Investors of record on Monday, August 11th were issued a dividend of $0.40 per share. This represents a $1.60 annualized dividend and a yield of 3.8%. The ex-dividend date was Monday, August 11th. Janus Henderson Group’s dividend payout ratio is presently 60.15%.

Janus Henderson Group Company 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.