Victory Capital Management Inc. Sells 27,985 Shares of Janus Henderson Group plc (NYSE:JHG)

Victory Capital Management Inc. cut its position in Janus Henderson Group plc (NYSE:JHG - Free Report) by 10.3% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 244,976 shares of the company's stock after selling 27,985 shares during the quarter. Victory Capital Management Inc. owned 0.16% of Janus Henderson Group worth $8,856,000 as of its most recent SEC filing.

Several other large investors have also recently bought and sold shares of JHG. UMB Bank n.a. raised its position in Janus Henderson Group by 48.9% in the first 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 raised its position in Janus Henderson Group by 66.9% in the fourth 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. Allworth Financial LP raised its position in Janus Henderson Group by 87.9% in the first quarter. Allworth Financial LP now owns 1,462 shares of the company's stock valued at $48,000 after purchasing an additional 684 shares during the last quarter. Bessemer Group Inc. raised its position in Janus Henderson Group by 825.2% in the fourth 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, Farther Finance Advisors LLC raised its position in Janus Henderson Group by 82.3% in the first quarter. Farther Finance Advisors LLC now owns 2,299 shares of the company's stock valued at $83,000 after purchasing an additional 1,038 shares during the last quarter. 87.94% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

Several brokerages have recently weighed in on JHG. Wells Fargo & Company increased their price target on Janus Henderson Group from $37.00 to $44.00 and gave the company an "equal weight" rating in a research note on Friday, July 11th. The Goldman Sachs Group decreased their price target on Janus Henderson Group from $47.00 to $41.00 and set a "neutral" rating for the company in a research note on Thursday, April 3rd. Morgan Stanley increased their price target on Janus Henderson Group from $33.00 to $36.00 and gave the company an "equal weight" rating in a research note on Wednesday, July 2nd. 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. Finally, Cowen reissued a "buy" rating on shares of Janus Henderson Group in a research note on Wednesday, May 14th. Six investment analysts have rated the stock with a hold rating and five have issued a buy rating to the company's stock. According to MarketBeat.com, Janus Henderson Group presently has a consensus rating of "Hold" and an average price target of $43.33.

Janus Henderson Group Trading Down 0.3%

NYSE JHG traded down $0.13 during trading hours on Monday, hitting $43.00. 75,943 shares of the company's stock were exchanged, compared to its average volume of 1,287,208. The stock has a 50-day simple moving average of $38.57 and a 200 day simple moving average of $38.32. Janus Henderson Group plc has a 1-year low of $28.26 and a 1-year high of $46.68. The firm has a market cap of $6.78 billion, a price-to-earnings ratio of 17.04, a PEG ratio of 1.35 and a beta of 1.43. The company has a current ratio of 4.38, a quick ratio of 2.67 and a debt-to-equity ratio of 0.08.

Janus Henderson Group (NYSE:JHG - Get Free Report) last released its earnings results on Thursday, May 1st. The company reported $0.79 EPS 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 firm posted $0.71 earnings per share. The firm's revenue was up 12.6% on a year-over-year basis. On average, equities analysts forecast that Janus Henderson Group plc will post 3.75 EPS for the current fiscal year.

Janus Henderson Group Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, May 29th. Investors of record on Monday, May 12th were paid a dividend of $0.40 per share. The ex-dividend date was Monday, May 12th. This represents a $1.60 annualized dividend and a yield of 3.72%. 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.