Public Employees Retirement Association of Colorado Sells 2,813 Shares of Janus Henderson Group plc (NYSE:JHG)

Public Employees Retirement Association of Colorado reduced its stake in Janus Henderson Group plc (NYSE:JHG) by 15.0% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 15,937 shares of the company’s stock after selling 2,813 shares during the period. Public Employees Retirement Association of Colorado’s holdings in Janus Henderson Group were worth $524,000 at the end of the most recent reporting period.

Several other hedge funds have also made changes to their positions in JHG. Hexagon Capital Partners LLC lifted its position in shares of Janus Henderson Group by 72.6% in the 4th quarter. Hexagon Capital Partners LLC now owns 1,210 shares of the company’s stock worth $36,000 after purchasing an additional 509 shares during the period. EverSource Wealth Advisors LLC raised its stake in shares of Janus Henderson Group by 39.7% during the 4th quarter. EverSource Wealth Advisors LLC now owns 1,299 shares of the company’s stock worth $39,000 after acquiring an additional 369 shares in the last quarter. Headlands Technologies LLC bought a new position in shares of Janus Henderson Group during the 4th quarter worth approximately $52,000. Assetmark Inc. raised its stake in shares of Janus Henderson Group by 18.2% during the 4th quarter. Assetmark Inc. now owns 5,208 shares of the company’s stock worth $157,000 after acquiring an additional 802 shares in the last quarter. Finally, Benjamin F. Edwards & Company Inc. raised its stake in shares of Janus Henderson Group by 10.2% during the 1st quarter. Benjamin F. Edwards & Company Inc. now owns 5,316 shares of the company’s stock worth $175,000 after acquiring an additional 490 shares in the last quarter. 87.94% of the stock is currently owned by hedge funds and other institutional investors.

Janus Henderson Group Stock Performance

Shares of NYSE JHG opened at $37.59 on Friday. The company’s fifty day moving average price is $34.40 and its 200 day moving average price is $32.49. Janus Henderson Group plc has a 1 year low of $22.17 and a 1 year high of $39.11. The company has a market capitalization of $6.03 billion, a PE ratio of 14.18, a price-to-earnings-growth ratio of 0.86 and a beta of 1.51. The company has a debt-to-equity ratio of 0.07, a quick ratio of 2.64 and a current ratio of 3.92.

Janus Henderson Group (NYSE:JHG) last announced its quarterly earnings results on Thursday, May 2nd. The company reported $0.71 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.63 by $0.08. The firm had revenue of $551.70 million for the quarter, compared to the consensus estimate of $547.20 million. Janus Henderson Group had a net margin of 19.89% and a return on equity of 10.02%. The firm’s quarterly revenue was up 11.3% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.55 earnings per share. On average, research analysts predict that Janus Henderson Group plc will post 3.1 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, August 28th. Shareholders of record on Monday, August 12th will be issued a dividend of $0.39 per share. This represents a $1.56 annualized dividend and a yield of 4.15%. The ex-dividend date of this dividend is Monday, August 12th. Janus Henderson Group’s payout ratio is 58.87%.

Wall Street Analyst Weigh In

JHG has been the subject of several recent analyst reports. UBS Group boosted their price objective on shares of Janus Henderson Group from $30.00 to $31.00 and gave the stock a “sell” rating in a research note on Wednesday, July 10th. JPMorgan Chase & Co. upped their price target on shares of Janus Henderson Group from $36.00 to $38.00 and gave the company a “neutral” rating in a research note on Monday, July 15th. TD Cowen upped their price target on shares of Janus Henderson Group from $37.00 to $38.00 and gave the company a “buy” rating in a research note on Monday, July 8th. Morgan Stanley upped their price target on shares of Janus Henderson Group from $30.00 to $33.00 and gave the company an “equal weight” rating in a research note on Wednesday, April 17th. Finally, StockNews.com lowered shares of Janus Henderson Group from a “buy” rating to a “hold” rating in a research note on Friday, May 3rd. Two analysts have rated the stock with a sell rating, five have given a hold rating and two have assigned a buy rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Hold” and an average price target of $30.81.

Insider Buying and Selling at Janus Henderson Group

In related news, major shareholder Henderson Group Plc Janus acquired 28,326 shares of the firm’s stock in a transaction on Friday, July 5th. The shares were acquired at an average cost of $3.43 per share, with a total value of $97,158.18. Following the completion of the acquisition, the insider now directly owns 1,676,903 shares in the company, valued at approximately $5,751,777.29. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Insiders have purchased a total of 487,179 shares of company stock valued at $1,650,371 over the last ninety days. Corporate insiders own 19.60% of the company’s stock.

About Janus Henderson Group

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.