Dimensional Fund Advisors LP Reduces Stake in Janus Henderson Group plc $JHG

Dimensional Fund Advisors LP cut its stake in shares of Janus Henderson Group plc (NYSE:JHG - Free Report) by 5.7% during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 6,815,456 shares of the company's stock after selling 413,939 shares during the period. Dimensional Fund Advisors LP owned 4.33% of Janus Henderson Group worth $246,372,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the stock. UMB Bank n.a. increased its position in shares of Janus Henderson Group by 48.9% during the 1st quarter. UMB Bank n.a. now owns 1,172 shares of the company's stock valued at $42,000 after purchasing an additional 385 shares during the last quarter. True Wealth Design LLC increased its position in Janus Henderson Group by 66.9% during the fourth quarter. True Wealth Design LLC now owns 1,020 shares of the company's stock valued at $43,000 after acquiring an additional 409 shares during the last quarter. Allworth Financial LP boosted its stake in shares of Janus Henderson Group by 87.9% during the 1st quarter. Allworth Financial LP now owns 1,462 shares of the company's stock worth $48,000 after purchasing an additional 684 shares during the period. Farther Finance Advisors LLC grew its holdings in Janus Henderson Group by 82.3% during the 1st quarter. Farther Finance Advisors LLC now owns 2,299 shares of the company's stock valued at $83,000 after purchasing an additional 1,038 shares during the last quarter. Finally, Wealthquest Corp bought a new position in Janus Henderson Group during the 1st quarter valued at about $115,000. 87.94% of the stock is currently owned by hedge funds and other institutional investors.

Janus Henderson Group Price Performance

JHG opened at $43.30 on Monday. The firm has a market capitalization of $6.75 billion, a PE ratio of 16.28, a price-to-earnings-growth ratio of 1.04 and a beta of 1.46. The company has a debt-to-equity ratio of 0.08, a current ratio of 4.49 and a quick ratio of 3.91. The business's 50-day moving average is $40.51 and its two-hundred day moving average is $38.38. Janus Henderson Group plc has a 1 year low of $28.26 and a 1 year high of $46.68.

Janus Henderson Group (NYSE:JHG - Get Free Report) last issued its quarterly earnings data on Thursday, July 31st. The company reported $0.90 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.84 by $0.06. Janus Henderson Group had a net margin of 16.06% and a return on equity of 12.01%. The firm had revenue of $633.20 million for the quarter, compared to the consensus estimate of $614.46 million. During the same quarter in the previous year, the firm earned $0.85 EPS. The company's quarterly revenue was up 7.6% compared to the same quarter last year. Research analysts anticipate that Janus Henderson Group plc will post 3.75 earnings per share for the current fiscal year.

Janus Henderson Group Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, August 28th. Stockholders of record on Monday, August 11th will be given a dividend of $0.40 per share. The ex-dividend date of this dividend is Monday, August 11th. 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 presently 60.15%.

Insider Activity

In other news, insider Georgina Fogo sold 69,000 shares of the firm's stock in a transaction on 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 completion of the sale, the insider owned 58,057 shares of the company's stock, valued at $2,500,514.99. This trade represents a 54.31% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Insiders own 20.40% of the company's stock.

Wall Street Analyst Weigh In

Several analysts have issued reports on JHG shares. Cowen reissued a "buy" rating on shares of Janus Henderson Group in a research note on Wednesday, May 14th. Wells Fargo & Company lifted their price objective on shares of Janus Henderson Group from $37.00 to $44.00 and gave the company an "equal weight" rating in a report on Friday, July 11th. Wall Street Zen raised Janus Henderson Group from a "hold" rating to a "buy" rating in a research note on Saturday. JPMorgan Chase & Co. lifted their target price on Janus Henderson Group from $44.00 to $47.00 and gave the company an "overweight" rating in a research report on Wednesday, July 16th. Finally, Morgan Stanley raised their target price on shares of Janus Henderson Group from $33.00 to $36.00 and gave the company an "equal weight" rating in a research report on Wednesday, July 2nd. Five equities research analysts have rated the stock with a hold rating and six have issued a buy rating to the stock. According to data from MarketBeat, Janus Henderson Group currently has a consensus rating of "Moderate Buy" and a consensus price target of $43.33.

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.

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