Teacher Retirement System of Texas Decreases Position in Janus Henderson Group plc (NYSE:JHG)

Teacher Retirement System of Texas lessened its stake in shares of Janus Henderson Group plc (NYSE:JHG) by 45.7% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 132,175 shares of the company’s stock after selling 111,052 shares during the period. Teacher Retirement System of Texas owned approximately 0.08% of Janus Henderson Group worth $5,621,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Xponance Inc. grew its holdings in Janus Henderson Group by 9.7% during the fourth quarter. Xponance Inc. now owns 16,183 shares of the company’s stock worth $688,000 after acquiring an additional 1,434 shares during the period. Intech Investment Management LLC grew its holdings in shares of Janus Henderson Group by 164.8% during the fourth quarter. Intech Investment Management LLC now owns 276,177 shares of the company’s stock worth $11,746,000 after buying an additional 171,866 shares in the last quarter. Delphi Management Inc. MA acquired a new stake in Janus Henderson Group in the 4th quarter valued at about $1,419,000. Corient Private Wealth LLC lifted its position in Janus Henderson Group by 11.0% during the fourth quarter. Corient Private Wealth LLC now owns 87,536 shares of the company’s stock worth $3,722,000 after buying an additional 8,640 shares in the last quarter. Finally, Envestnet Portfolio Solutions Inc. purchased a new position in shares of Janus Henderson Group during the 4th quarter worth $280,000. Institutional investors and hedge funds own 87.94% of the company’s stock.

Analyst Upgrades and Downgrades

A number of brokerages have weighed in on JHG. JPMorgan Chase & Co. upgraded shares of Janus Henderson Group from a “neutral” rating to an “overweight” rating and lifted their price target for the company from $44.00 to $53.00 in a research report on Wednesday, February 5th. Wells Fargo & Company upped their target price on shares of Janus Henderson Group from $43.00 to $46.00 and gave the stock an “equal weight” rating in a research note on Monday, February 3rd. The Goldman Sachs Group upgraded Janus Henderson Group from a “sell” rating to a “neutral” rating and increased their price objective for the company from $42.00 to $45.00 in a report on Monday, January 6th. Morgan Stanley upped their price objective on shares of Janus Henderson Group from $46.00 to $48.00 and gave the company an “equal weight” rating in a research note on Friday, December 20th. Finally, UBS Group raised shares of Janus Henderson Group from a “neutral” rating to a “buy” rating and lifted their target price for the company from $45.00 to $50.00 in a report on Monday, February 24th. Five equities research analysts have rated the stock with a hold rating and four have given a buy rating to the stock. According to MarketBeat, Janus Henderson Group has an average rating of “Hold” and a consensus price target of $47.38.

Janus Henderson Group Stock Down 0.5 %

NYSE JHG opened at $37.38 on Monday. The stock has a market cap of $5.89 billion, a PE ratio of 14.60, a P/E/G ratio of 0.66 and a beta of 1.49. The business has a 50 day moving average price of $41.64 and a two-hundred day moving average price of $41.50. The company has a quick ratio of 2.08, a current ratio of 3.08 and a debt-to-equity ratio of 0.08. Janus Henderson Group plc has a fifty-two week low of $30.35 and a fifty-two week high of $46.68.

Janus Henderson Group (NYSE:JHG) last issued its quarterly earnings results on Friday, January 31st. The company reported $1.07 earnings per share for the quarter, beating analysts’ consensus estimates of $0.94 by $0.13. Janus Henderson Group had a return on equity of 12.18% and a net margin of 16.38%. During the same period in the prior year, the business posted $0.82 earnings per share. As a group, sell-side analysts predict that Janus Henderson Group plc will post 3.75 EPS for the current fiscal year.

Janus Henderson Group Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, February 27th. Investors of record on Tuesday, February 11th were paid a dividend of $0.39 per share. The ex-dividend date was Tuesday, February 11th. This represents a $1.56 dividend on an annualized basis and a dividend yield of 4.17%. Janus Henderson Group’s dividend payout ratio is presently 60.94%.

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.