Teacher Retirement System of Texas Purchases 91,986 Shares of Janus Henderson Group plc $JHG

Teacher Retirement System of Texas grew its holdings in shares of Janus Henderson Group plc (NYSE:JHG) by 163.0% during the third quarter, Holdings Channel.com reports. The institutional investor owned 148,436 shares of the company’s stock after purchasing an additional 91,986 shares during the quarter. Teacher Retirement System of Texas’ holdings in Janus Henderson Group were worth $6,607,000 at the end of the most recent quarter.

Several other large investors also recently made changes to their positions in JHG. Royal Bank of Canada boosted its holdings in Janus Henderson Group by 38.3% in the first quarter. Royal Bank of Canada now owns 115,135 shares of the company’s stock worth $4,163,000 after acquiring an additional 31,889 shares in the last quarter. Amundi raised its position in shares of Janus Henderson Group by 13.8% during the first quarter. Amundi now owns 4,177 shares of the company’s stock worth $150,000 after purchasing an additional 506 shares during the period. Jones Financial Companies Lllp lifted its holdings in shares of Janus Henderson Group by 1,538.8% in the 1st quarter. Jones Financial Companies Lllp now owns 8,833 shares of the company’s stock worth $319,000 after purchasing an additional 8,294 shares in the last quarter. Goldman Sachs Group Inc. grew its position in Janus Henderson Group by 16.7% in the 1st quarter. Goldman Sachs Group Inc. now owns 1,299,921 shares of the company’s stock valued at $46,992,000 after purchasing an additional 186,218 shares during the period. Finally, Jane Street Group LLC grew its position in Janus Henderson Group by 1,924.0% in the 1st quarter. Jane Street Group LLC now owns 279,352 shares of the company’s stock valued at $10,099,000 after purchasing an additional 265,550 shares during the period. 87.94% of the stock is currently owned by institutional investors and hedge funds.

Janus Henderson Group Stock Performance

Shares of JHG opened at $48.05 on Tuesday. The stock has a 50 day moving average of $46.05 and a 200 day moving average of $44.44. The company has a market capitalization of $7.42 billion, a price-to-earnings ratio of 14.09, a PEG ratio of 0.78 and a beta of 1.54. Janus Henderson Group plc has a 12 month low of $28.26 and a 12 month high of $49.42. The company has a current ratio of 4.02, a quick ratio of 2.15 and a debt-to-equity ratio of 0.08.

Janus Henderson Group (NYSE:JHG) last announced its quarterly earnings data on Thursday, October 30th. The company reported $1.09 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.01 by $0.08. Janus Henderson Group had a return on equity of 12.35% and a net margin of 19.82%.The firm had revenue of $700.40 million during the quarter, compared to the consensus estimate of $695.57 million. During the same quarter in the prior year, the company earned $0.91 EPS. The business’s revenue for the quarter was up 12.1% on a year-over-year basis. As a group, sell-side analysts forecast 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 Wednesday, November 26th. Shareholders of record on Monday, November 10th were given a $0.40 dividend. The ex-dividend date of this dividend was Monday, November 10th. This represents a $1.60 annualized dividend and a yield of 3.3%. Janus Henderson Group’s payout ratio is currently 46.92%.

Analyst Upgrades and Downgrades

A number of research firms have weighed in on JHG. Wall Street Zen raised shares of Janus Henderson Group from a “hold” rating to a “buy” rating in a research note on Saturday, December 20th. Evercore ISI dropped their price target on shares of Janus Henderson Group from $50.00 to $49.00 and set an “in-line” rating on the stock in a research report on Monday, December 22nd. Zacks Research lowered Janus Henderson Group from a “strong-buy” rating to a “hold” rating in a report on Monday, December 8th. Morgan Stanley raised their target price on Janus Henderson Group from $46.00 to $48.00 and gave the company an “equal weight” rating in a report on Wednesday, December 17th. Finally, Bank of America reaffirmed a “neutral” rating and set a $49.00 target price (down previously from $54.00) on shares of Janus Henderson Group in a research report on Monday, January 5th. One equities research analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating and seven have given a Hold rating to the company. According to MarketBeat, the company presently has an average rating of “Hold” and a consensus price target of $47.67.

About Janus Henderson Group

Janus Henderson Group plc is a global asset manager offering a broad range of investment solutions across equities, fixed income, multi-asset and alternative strategies. The firm provides portfolio management services to institutional clients, financial intermediaries and individual investors. Its product lineup includes actively managed mutual funds, separate accounts and exchange-traded funds, designed to meet a variety of risk-return objectives and investment horizons.

The company was formed in May 2017 through the merger of Janus Capital Group and Henderson Group, combining decades of investment expertise in both the U.S.