Strs Ohio Reduces Holdings in Janus Henderson Group plc $JHG

Strs Ohio reduced its holdings in shares of Janus Henderson Group plc (NYSE:JHG) by 21.3% in the second quarter, HoldingsChannel reports. The fund owned 56,277 shares of the company’s stock after selling 15,247 shares during the period. Strs Ohio’s holdings in Janus Henderson Group were worth $2,186,000 as of its most recent SEC filing.

A number of other large investors also recently bought and sold shares of JHG. Envestnet Asset Management Inc. grew its holdings in shares of Janus Henderson Group by 28.8% during the first quarter. Envestnet Asset Management Inc. now owns 320,093 shares of the company’s stock worth $11,571,000 after buying an additional 71,553 shares in the last quarter. Brighton Jones LLC purchased a new stake in shares of Janus Henderson Group in the second quarter valued at about $685,000. Sierra Summit Advisors LLC purchased a new stake in shares of Janus Henderson Group in the first quarter valued at about $587,000. Jump Financial LLC purchased a new stake in shares of Janus Henderson Group in the first quarter valued at about $6,099,000. Finally, Jupiter Asset Management Ltd. grew its holdings in shares of Janus Henderson Group by 48.5% in the first quarter. Jupiter Asset Management Ltd. now owns 995,445 shares of the company’s stock valued at $35,985,000 after purchasing an additional 325,240 shares during the period. 87.94% of the stock is owned by hedge funds and other institutional investors.

Janus Henderson Group Stock Performance

NYSE:JHG opened at $43.42 on Tuesday. The company has a quick ratio of 3.91, a current ratio of 4.49 and a debt-to-equity ratio of 0.08. Janus Henderson Group plc has a fifty-two week low of $28.26 and a fifty-two week high of $49.42. The stock has a market cap of $6.77 billion, a PE ratio of 16.32, a price-to-earnings-growth ratio of 0.96 and a beta of 1.54. The firm’s fifty day simple moving average is $44.12 and its 200-day simple moving average is $40.64.

Janus Henderson Group (NYSE:JHG) last released its quarterly earnings data on Thursday, October 30th. The company reported $1.09 EPS for the quarter, topping the consensus estimate of $1.01 by $0.08. Janus Henderson Group had a net margin of 16.06% and a return on equity of 12.01%. The business had revenue of $700.40 million for the quarter, compared to analyst estimates of $695.57 million. During the same period in the previous year, the firm earned $0.91 EPS. The business’s revenue for the quarter was up 12.1% compared to the same quarter last year. Analysts expect that Janus Henderson Group plc will post 3.75 earnings per share for the current fiscal year.

Janus Henderson Group Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, November 26th. Stockholders of record on Monday, November 10th will be paid a dividend of $0.40 per share. The ex-dividend date of this dividend is Monday, November 10th. This represents a $1.60 dividend on an annualized basis and a dividend yield of 3.7%. Janus Henderson Group’s dividend payout ratio is currently 46.92%.

Insider Activity at Janus Henderson Group

In related news, CFO Roger Mj Thompson sold 27,491 shares of the stock in a transaction that occurred on Thursday, September 11th. The shares were sold at an average price of $45.26, for a total transaction of $1,244,242.66. Following the completion of the sale, the chief financial officer owned 113,097 shares of the company’s stock, valued at approximately $5,118,770.22. This represents a 19.55% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. 19.60% of the stock is currently owned by corporate insiders.

Analyst Ratings Changes

Several research analysts have weighed in on the stock. Evercore ISI reaffirmed a “positive” rating on shares of Janus Henderson Group in a research note on Friday. BMO Capital Markets began coverage on shares of Janus Henderson Group in a report on Friday, October 3rd. They issued an “outperform” rating and a $52.00 target price on the stock. Wall Street Zen cut shares of Janus Henderson Group from a “buy” rating to a “hold” rating in a report on Saturday. Cowen reissued a “buy” rating on shares of Janus Henderson Group in a report on Friday. Finally, Morgan Stanley reissued a “positive” rating on shares of Janus Henderson Group in a report on Monday, October 6th. Two equities research analysts have rated the stock with a Strong Buy rating, eight have given a Buy rating and three have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $47.70.

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.