American Century Companies Inc. Reduces Stake in Janus Henderson Group plc $JHG

American Century Companies Inc. trimmed its position in shares of Janus Henderson Group plc (NYSE:JHG - Free Report) by 40.8% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 57,707 shares of the company's stock after selling 39,817 shares during the quarter. American Century Companies Inc.'s holdings in Janus Henderson Group were worth $2,086,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Wells Fargo & Company MN raised its holdings in Janus Henderson Group by 4.0% in the 4th quarter. Wells Fargo & Company MN now owns 8,755 shares of the company's stock worth $372,000 after purchasing an additional 339 shares during the period. Raymond James Financial Inc. bought a new position in Janus Henderson Group in the 4th quarter worth $726,000. Schonfeld Strategic Advisors LLC raised its holdings in Janus Henderson Group by 74.6% in the 4th quarter. Schonfeld Strategic Advisors LLC now owns 19,787 shares of the company's stock worth $842,000 after purchasing an additional 8,456 shares during the period. Mercer Global Advisors Inc. ADV raised its holdings in Janus Henderson Group by 7.5% in the 4th quarter. Mercer Global Advisors Inc. ADV now owns 31,364 shares of the company's stock worth $1,334,000 after purchasing an additional 2,187 shares during the period. Finally, AXA S.A. raised its holdings in Janus Henderson Group by 64.9% in the 4th quarter. AXA S.A. now owns 289,938 shares of the company's stock worth $12,331,000 after purchasing an additional 114,106 shares during the period. 87.94% of the stock is owned by institutional investors.

Analyst Ratings Changes

A number of brokerages recently commented on JHG. Wall Street Zen cut Janus Henderson Group from a "buy" rating to a "hold" rating in a report on Saturday, August 30th. Cowen reiterated a "buy" rating on shares of Janus Henderson Group in a research report on Wednesday, May 14th. Morgan Stanley upped their price target on shares of Janus Henderson Group from $33.00 to $36.00 and gave the stock an "equal weight" rating in a research report on Wednesday, July 2nd. Wells Fargo & Company upped their price target on shares of Janus Henderson Group from $37.00 to $44.00 and gave the stock an "equal weight" rating in a research report on Friday, July 11th. Finally, JPMorgan Chase & Co. raised their price target on Janus Henderson Group from $44.00 to $47.00 and gave the company an "overweight" rating in a report on Wednesday, July 16th. Five equities research analysts have rated the stock with a Buy rating and five have given a Hold rating to the stock. According to data from MarketBeat.com, Janus Henderson Group has a consensus rating of "Moderate Buy" and an average target price of $44.78.

Insider Buying and Selling

In related news, insider Georgina Fogo sold 69,000 shares of Janus Henderson Group stock in a transaction dated 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 transaction, the insider owned 58,057 shares in the company, valued at approximately $2,500,514.99. This trade represents a 54.31% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Corporate insiders own 19.60% of the company's stock.

Janus Henderson Group Price Performance

Shares of JHG stock traded down $0.81 during trading hours on Friday, hitting $44.29. The stock had a trading volume of 1,265,192 shares, compared to its average volume of 1,013,688. Janus Henderson Group plc has a one year low of $28.26 and a one year high of $46.68. 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 stock's 50-day moving average price is $42.56 and its two-hundred day moving average price is $38.37. The stock has a market capitalization of $6.91 billion, a price-to-earnings ratio of 16.65, a PEG ratio of 1.07 and a beta of 1.51.

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

Janus Henderson Group Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, August 28th. Investors of record on Monday, August 11th were given a $0.40 dividend. The ex-dividend date was Monday, August 11th. This represents a $1.60 annualized dividend and a yield of 3.6%. Janus Henderson Group's dividend payout ratio (DPR) is currently 60.15%.

Janus Henderson Group Company 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.