New York State Teachers Retirement System Lowers Position in Janus Henderson Group plc (NYSE:JHG)

New York State Teachers Retirement System cut its position in shares of Janus Henderson Group plc (NYSE:JHG - Free Report) by 5.7% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. 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 approximately 0.11% of Janus Henderson Group worth $6,275,000 as of its most recent SEC filing.

Other institutional investors have also recently modified their holdings of the company. 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 shares of Janus Henderson Group by 66.9% during the 4th quarter. True Wealth Design LLC now owns 1,020 shares of the company's stock valued at $43,000 after purchasing an additional 409 shares during the last quarter. Larson Financial Group LLC increased its position in shares of Janus Henderson Group by 33.9% during the 4th quarter. Larson Financial Group LLC now owns 1,137 shares of the company's stock valued at $48,000 after purchasing an additional 288 shares during the last quarter. Bessemer Group Inc. increased its position in shares of Janus Henderson Group by 825.2% during the 4th quarter. Bessemer Group Inc. now owns 1,286 shares of the company's stock valued at $55,000 after purchasing an additional 1,147 shares during the last quarter. Finally, EverSource Wealth Advisors LLC increased its position in shares of Janus Henderson Group by 48.7% during the 4th quarter. EverSource Wealth Advisors LLC now owns 1,872 shares of the company's stock valued at $80,000 after purchasing an additional 613 shares during the last quarter. 87.94% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

Several equities analysts have recently commented on the company. Morgan Stanley increased their price objective on Janus Henderson Group from $33.00 to $36.00 and gave the company an "equal weight" rating in a research report on Wednesday. Bank of America upgraded Janus Henderson Group from a "neutral" rating to a "buy" rating and dropped their target price for the company from $57.00 to $43.00 in a report on Thursday, April 3rd. Wall Street Zen cut Janus Henderson Group from a "buy" rating to a "hold" rating in a report on Tuesday, March 25th. Wells Fargo & Company dropped their target price on Janus Henderson Group from $46.00 to $36.00 and set an "equal weight" rating for the company in a report on Tuesday, April 8th. Finally, Cowen restated a "buy" rating on shares of Janus Henderson Group in a report on Wednesday, May 14th. Six research analysts have rated the stock with a hold rating and five have issued a buy rating to the company. According to data from MarketBeat.com, Janus Henderson Group presently has a consensus rating of "Hold" and a consensus target price of $43.11.

Janus Henderson Group Trading Up 0.5%

NYSE JHG traded up $0.19 on Friday, hitting $40.30. The company's stock had a trading volume of 795,927 shares, compared to its average volume of 1,156,634. Janus Henderson Group plc has a 52-week low of $28.26 and a 52-week high of $46.68. The company has a current ratio of 4.38, a quick ratio of 2.67 and a debt-to-equity ratio of 0.08. The company's 50-day simple moving average is $36.93 and its 200 day simple moving average is $38.48. The firm has a market cap of $6.35 billion, a P/E ratio of 15.99, a PEG ratio of 1.39 and a beta of 1.43.

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, topping the consensus estimate of $0.72 by $0.07. Janus Henderson Group had a return on equity of 12.13% and a net margin of 15.56%. The business had revenue of $621.40 million during the quarter, compared to analysts' expectations of $623.56 million. During the same quarter last year, the business posted $0.71 EPS. The business's revenue was up 12.6% on a year-over-year basis. Research analysts predict that Janus Henderson Group plc will post 3.75 EPS for the current fiscal year.

Janus Henderson Group Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, May 29th. Stockholders of record on Monday, May 12th were paid a $0.40 dividend. This represents a $1.60 dividend on an annualized basis and a dividend yield of 3.97%. The ex-dividend date of this dividend was Monday, May 12th. This is a boost from Janus Henderson Group's previous quarterly dividend of $0.39. Janus Henderson Group's dividend payout ratio (DPR) is presently 63.49%.

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.