Man Group plc Sells 33,053 Shares of Janus Henderson Group plc (NYSE:JHG)

Man Group plc lessened its stake in shares of Janus Henderson Group plc (NYSE:JHG - Free Report) by 17.4% in the fourth quarter, according to its most recent filing with the SEC. The fund owned 157,281 shares of the company's stock after selling 33,053 shares during the period. Man Group plc owned about 0.10% of Janus Henderson Group worth $6,689,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently bought and sold shares of JHG. Richardson Financial Services Inc. grew its position in Janus Henderson Group by 89.4% during the 4th quarter. Richardson Financial Services Inc. now owns 769 shares of the company's stock worth $33,000 after purchasing an additional 363 shares in the last quarter. UMB Bank n.a. grew its holdings in shares of Janus Henderson Group by 56.5% during the fourth quarter. UMB Bank n.a. now owns 787 shares of the company's stock valued at $33,000 after buying an additional 284 shares in the last quarter. Larson Financial Group LLC grew its holdings in shares of Janus Henderson Group by 33.9% during the fourth quarter. Larson Financial Group LLC now owns 1,137 shares of the company's stock valued at $48,000 after buying an additional 288 shares in the last quarter. Bessemer Group Inc. raised its position in Janus Henderson Group by 825.2% during the fourth quarter. Bessemer Group Inc. now owns 1,286 shares of the company's stock valued at $55,000 after buying an additional 1,147 shares during the period. Finally, EverSource Wealth Advisors LLC lifted its stake in Janus Henderson Group by 48.7% in the 4th quarter. EverSource Wealth Advisors LLC now owns 1,872 shares of the company's stock worth $80,000 after acquiring an additional 613 shares in the last quarter. Hedge funds and other institutional investors own 87.94% of the company's stock.

Janus Henderson Group Stock Performance

Shares of JHG traded down $0.30 during mid-day trading on Friday, hitting $36.24. The company's stock had a trading volume of 1,370,336 shares, compared to its average volume of 1,137,038. The stock's 50-day moving average is $34.53 and its two-hundred day moving average is $39.94. The firm has a market capitalization of $5.71 billion, a PE ratio of 14.16, a price-to-earnings-growth ratio of 0.66 and a beta of 1.46. The company has a debt-to-equity ratio of 0.08, a quick ratio of 2.08 and a current ratio of 3.08. Janus Henderson Group plc has a one year low of $28.26 and a one year high of $46.68.

Janus Henderson Group (NYSE:JHG - Get Free Report) last issued its quarterly earnings results on Thursday, May 1st. The company reported $0.79 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.72 by $0.07. Janus Henderson Group had a return on equity of 12.18% and a net margin of 16.38%. The firm had revenue of $621.40 million for the quarter, compared to analyst estimates of $623.56 million. During the same period in the previous year, the company posted $0.71 earnings per share. The company's quarterly revenue was up 12.6% compared to the same quarter last year. As a group, sell-side analysts anticipate that Janus Henderson Group plc will post 3.75 EPS for the current year.

Janus Henderson Group Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, May 29th. Stockholders of record on Monday, May 12th will be issued a dividend of $0.40 per share. This represents a $1.60 dividend on an annualized basis and a dividend yield of 4.42%. This is an increase from Janus Henderson Group's previous quarterly dividend of $0.39. The ex-dividend date of this dividend is Monday, May 12th. Janus Henderson Group's dividend payout ratio (DPR) is presently 63.49%.

Wall Street Analyst Weigh In

JHG has been the topic of several research analyst reports. Morgan Stanley boosted their price target on shares of Janus Henderson Group from $32.00 to $33.00 and gave the company an "equal weight" rating in a report on Tuesday, May 6th. Bank of America raised Janus Henderson Group from a "neutral" rating to a "buy" rating and dropped their target price for the stock from $57.00 to $43.00 in a research report on Thursday, April 3rd. Wall Street Zen downgraded Janus Henderson Group from a "buy" rating to a "hold" rating in a research note on Tuesday, March 25th. Evercore ISI lifted their price target on Janus Henderson Group from $33.00 to $35.00 and gave the company an "in-line" rating in a report on Friday, May 2nd. Finally, Wells Fargo & Company lowered their price target on Janus Henderson Group from $46.00 to $36.00 and set an "equal weight" rating for the company in a research note on Tuesday, April 8th. Six equities research analysts have rated the stock with a hold rating and five have assigned a buy rating to the stock. According to data from MarketBeat, the stock presently has an average rating of "Hold" and an average target price of $42.78.

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.