New York State Teachers Retirement System Sells 10,402 Shares of Janus Henderson Group plc (NYSE:JHG)

New York State Teachers Retirement System lessened its position in Janus Henderson Group plc (NYSE:JHG - Free Report) by 5.7% in the 1st quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 173,591 shares of the company's stock after selling 10,402 shares during the period. New York State Teachers Retirement System owned approximately 0.11% of Janus Henderson Group worth $6,275,000 as of its most recent filing with the SEC.

Several other large investors have also recently bought and sold shares of the company. Confluence Wealth Services Inc. increased its stake in Janus Henderson Group by 6.7% in the first quarter. Confluence Wealth Services Inc. now owns 36,246 shares of the company's stock valued at $1,310,000 after purchasing an additional 2,275 shares in the last quarter. Vista Investment Partners II LLC increased its position in shares of Janus Henderson Group by 5.4% during the first quarter. Vista Investment Partners II LLC now owns 49,113 shares of the company's stock worth $1,775,000 after acquiring an additional 2,512 shares in the last quarter. Mirae Asset Global Investments Co. Ltd. increased its position in shares of Janus Henderson Group by 12.4% during the first quarter. Mirae Asset Global Investments Co. Ltd. now owns 103,653 shares of the company's stock worth $3,729,000 after acquiring an additional 11,435 shares in the last quarter. Robeco Institutional Asset Management B.V. increased its position in shares of Janus Henderson Group by 0.8% during the first quarter. Robeco Institutional Asset Management B.V. now owns 161,557 shares of the company's stock worth $5,840,000 after acquiring an additional 1,308 shares in the last quarter. Finally, Sylvest Advisors LLC increased its position in shares of Janus Henderson Group by 7.6% during the first quarter. Sylvest Advisors LLC now owns 11,735 shares of the company's stock worth $424,000 after acquiring an additional 825 shares in the last quarter. Institutional investors own 87.94% of the company's stock.

Wall Street Analysts Forecast Growth

Several brokerages have recently issued reports on JHG. The Goldman Sachs Group lowered their price objective on shares of Janus Henderson Group from $47.00 to $41.00 and set a "neutral" rating for the company in a research report on Thursday, April 3rd. Cowen reissued a "buy" rating on shares of Janus Henderson Group in a research report on Wednesday, May 14th. Wells Fargo & Company lowered their price objective on shares of Janus Henderson Group from $46.00 to $36.00 and set an "equal weight" rating for the company in a research report on Tuesday, April 8th. Evercore ISI increased their price objective on shares of Janus Henderson Group from $33.00 to $35.00 and gave the stock an "in-line" rating in a research report on Friday, May 2nd. Finally, Bank of America upgraded shares of Janus Henderson Group from a "neutral" rating to a "buy" rating and reduced their target price for the stock from $57.00 to $43.00 in a report on Thursday, April 3rd. Six equities research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. According to MarketBeat.com, the company presently has a consensus rating of "Hold" and an average price target of $43.11.

Janus Henderson Group Stock Up 2.0%

JHG traded up $0.79 during trading hours on Wednesday, hitting $41.01. 1,157,049 shares of the company's stock were exchanged, compared to its average volume of 1,153,126. The stock has a market cap of $6.46 billion, a price-to-earnings ratio of 16.27, a PEG ratio of 1.39 and a beta of 1.43. The company has a quick ratio of 2.67, a current ratio of 4.38 and a debt-to-equity ratio of 0.08. The stock's 50-day moving average is $37.36 and its two-hundred day moving average is $38.47. 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 announced its quarterly earnings results on Thursday, May 1st. The company reported $0.79 EPS for the quarter, beating analysts' consensus estimates of $0.72 by $0.07. The firm had revenue of $621.40 million during the quarter, compared to analysts' expectations of $623.56 million. Janus Henderson Group had a net margin of 15.56% and a return on equity of 12.13%. The company's revenue for the quarter was up 12.6% compared to the same quarter last year. During the same quarter last year, the company posted $0.71 earnings per share. Sell-side analysts predict that Janus Henderson Group plc will post 3.75 earnings per share for the current fiscal year.

Janus Henderson Group Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, May 29th. Shareholders of record on Monday, May 12th were paid a $0.40 dividend. The ex-dividend date was Monday, May 12th. This represents a $1.60 dividend on an annualized basis and a yield of 3.90%. This is a boost from Janus Henderson Group's previous quarterly dividend of $0.39. Janus Henderson Group's dividend payout ratio (DPR) is currently 63.49%.

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.