Janus Henderson Group plc (NYSE:JHG) Shares Sold by Moody Aldrich Partners LLC

Moody Aldrich Partners LLC lessened its holdings in shares of Janus Henderson Group plc (NYSE:JHG - Free Report) by 40.7% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 34,911 shares of the company's stock after selling 23,917 shares during the period. Moody Aldrich Partners LLC's holdings in Janus Henderson Group were worth $1,262,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently made changes to their positions in the business. US Bancorp DE lifted its holdings in shares of Janus Henderson Group by 2.3% during the 4th quarter. US Bancorp DE now owns 11,003 shares of the company's stock valued at $468,000 after purchasing an additional 243 shares during the last quarter. Avantax Advisory Services Inc. lifted its holdings in shares of Janus Henderson Group by 4.4% during the 4th quarter. Avantax Advisory Services Inc. now owns 6,356 shares of the company's stock valued at $270,000 after purchasing an additional 270 shares during the last quarter. Larson Financial Group LLC lifted its holdings 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. Wells Fargo & Company MN lifted its holdings in shares of Janus Henderson Group by 4.0% during the 4th quarter. Wells Fargo & Company MN now owns 8,755 shares of the company's stock valued at $372,000 after purchasing an additional 339 shares during the last quarter. Finally, Sterling Capital Management LLC lifted its holdings in shares of Janus Henderson Group by 1.1% during the 4th quarter. Sterling Capital Management LLC now owns 35,421 shares of the company's stock valued at $1,506,000 after purchasing an additional 384 shares during the last quarter. Hedge funds and other institutional investors own 87.94% of the company's stock.

Janus Henderson Group Stock Performance

JHG traded up $0.19 during midday trading on Friday, hitting $40.30. 795,927 shares of the company were exchanged, compared to its average volume of 1,155,741. The company's 50 day simple moving average is $36.78 and its 200 day simple moving average is $38.52. The firm has a market capitalization of $6.35 billion, a price-to-earnings ratio of 11.13, a price-to-earnings-growth ratio of 1.39 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 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 earnings per share for the quarter, topping the consensus estimate of $0.72 by $0.07. The company had revenue of $621.40 million for the quarter, compared to the consensus estimate of $623.56 million. Janus Henderson Group had a return on equity of 12.13% and a net margin of 15.56%. The firm's revenue for the quarter was up 12.6% compared to the same quarter last year. During the same period last year, the firm earned $0.71 EPS. As a group, sell-side analysts predict that Janus Henderson Group plc will post 3.75 earnings per share for the current year.

Janus Henderson Group Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, May 29th. Shareholders of record on Monday, May 12th were given a dividend of $0.40 per share. This is an increase from Janus Henderson Group's previous quarterly dividend of $0.39. This represents a $1.60 annualized dividend and a yield of 3.97%. The ex-dividend date was Monday, May 12th. Janus Henderson Group's dividend payout ratio (DPR) is currently 63.49%.

Wall Street Analysts Forecast Growth

A number of equities analysts recently issued reports on the company. Morgan Stanley raised their target price on Janus Henderson Group from $33.00 to $36.00 and gave the stock an "equal weight" rating in a research note on Wednesday. Wells Fargo & Company reduced their target price 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. Cowen restated a "buy" rating on shares of Janus Henderson Group in a research note on Wednesday, May 14th. The Goldman Sachs Group reduced their target price 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. Finally, Evercore ISI raised their target price on Janus Henderson Group from $33.00 to $35.00 and gave the stock an "in-line" rating in a research note on Friday, May 2nd. Six investment analysts have rated the stock with a hold rating and five have assigned a buy rating to the company's stock. According to MarketBeat, the company has a consensus rating of "Hold" and an average price target of $43.11.

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.