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

New York State Teachers Retirement System cut its stake in Janus Henderson Group plc (NYSE:JHG - Free Report) by 5.7% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 173,591 shares of the company's stock after selling 10,402 shares during the quarter. New York State Teachers Retirement System owned 0.11% of Janus Henderson Group worth $6,275,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently modified their holdings of the company. Confluence Wealth Services Inc. raised its stake in shares of Janus Henderson Group by 6.7% during the 1st quarter. Confluence Wealth Services Inc. now owns 36,246 shares of the company's stock worth $1,310,000 after purchasing an additional 2,275 shares in the last quarter. Vista Investment Partners II LLC raised its stake in shares of Janus Henderson Group by 5.4% during the 1st quarter. Vista Investment Partners II LLC now owns 49,113 shares of the company's stock worth $1,775,000 after purchasing an additional 2,512 shares in the last quarter. Mirae Asset Global Investments Co. Ltd. raised its stake in shares of Janus Henderson Group by 12.4% during the 1st quarter. Mirae Asset Global Investments Co. Ltd. now owns 103,653 shares of the company's stock worth $3,729,000 after purchasing an additional 11,435 shares in the last quarter. Robeco Institutional Asset Management B.V. raised its stake in shares of Janus Henderson Group by 0.8% during the 1st quarter. Robeco Institutional Asset Management B.V. now owns 161,557 shares of the company's stock worth $5,840,000 after purchasing an additional 1,308 shares in the last quarter. Finally, Sylvest Advisors LLC raised its stake in shares of Janus Henderson Group by 7.6% during the 1st quarter. Sylvest Advisors LLC now owns 11,735 shares of the company's stock worth $424,000 after purchasing an additional 825 shares in the last quarter. 87.94% of the stock is owned by institutional investors.

Janus Henderson Group Price Performance

NYSE:JHG traded down $0.10 during trading hours on Monday, hitting $40.20. The company's stock had a trading volume of 100,826 shares, compared to its average volume of 1,152,469. The stock has a fifty day simple moving average of $36.93 and a 200-day simple moving average of $38.46. The company has a market capitalization of $6.33 billion, a P/E ratio of 15.96, a PEG ratio of 1.39 and a beta of 1.43. The company has a debt-to-equity ratio of 0.08, a current ratio of 4.38 and a quick ratio of 2.67. Janus Henderson Group plc has a twelve month low of $28.26 and a twelve month high of $46.68.

Janus Henderson Group (NYSE:JHG - Get Free Report) last released its quarterly earnings data on Thursday, May 1st. The company reported $0.79 earnings per share for the quarter, beating the consensus estimate of $0.72 by $0.07. The business had revenue of $621.40 million for the quarter, compared to analyst estimates of $623.56 million. Janus Henderson Group had a return on equity of 12.13% and a net margin of 15.56%. Janus Henderson Group's revenue was up 12.6% compared to the same quarter last year. During the same period last year, the firm posted $0.71 earnings per share. On average, analysts anticipate that Janus Henderson Group plc will post 3.75 EPS for the current fiscal year.

Janus Henderson Group Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, May 29th. Stockholders 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 annualized dividend and a dividend yield of 3.98%. This is an increase from Janus Henderson Group's previous quarterly dividend of $0.39. Janus Henderson Group's dividend payout ratio is currently 63.49%.

Wall Street Analyst Weigh In

A number of equities research analysts recently weighed in on the company. The Goldman Sachs Group dropped their price target on Janus Henderson Group from $47.00 to $41.00 and set a "neutral" rating on the stock in a research note on Thursday, April 3rd. Evercore ISI increased their price target on Janus Henderson Group from $33.00 to $35.00 and gave the company an "in-line" rating in a research note on Friday, May 2nd. Wall Street Zen cut Janus Henderson Group from a "buy" rating to a "hold" rating in a research report on Tuesday, March 25th. Morgan Stanley increased their price objective on 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. Finally, Cowen reiterated a "buy" rating on shares of Janus Henderson Group in a research report on Wednesday, May 14th. Six analysts have rated the stock with a hold rating and five have issued a buy rating to the company's stock. According to MarketBeat, the stock currently has a consensus rating of "Hold" and an average price target of $43.11.

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.