Janus Henderson Group plc (NYSE:JHG) Shares Sold by Nuveen Asset Management LLC

Nuveen Asset Management LLC lowered its holdings in shares of Janus Henderson Group plc (NYSE:JHG - Free Report) by 6.2% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 591,983 shares of the company's stock after selling 38,950 shares during the period. Nuveen Asset Management LLC owned approximately 0.37% of Janus Henderson Group worth $25,177,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of JHG. Vanguard Group Inc. grew its stake in shares of Janus Henderson Group by 1.5% in the 4th quarter. Vanguard Group Inc. now owns 14,148,813 shares of the company's stock worth $601,749,000 after buying an additional 203,330 shares during the last quarter. Millennium Management LLC grew its stake in shares of Janus Henderson Group by 23.9% in the fourth quarter. Millennium Management LLC now owns 7,247,633 shares of the company's stock worth $308,242,000 after acquiring an additional 1,399,781 shares during the last quarter. Charles Schwab Investment Management Inc. increased its holdings in shares of Janus Henderson Group by 3.3% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 4,593,441 shares of the company's stock valued at $195,359,000 after acquiring an additional 147,362 shares in the last quarter. Northern Trust Corp increased its position in shares of Janus Henderson Group by 8.4% during the fourth quarter. Northern Trust Corp now owns 2,320,796 shares of the company's stock valued at $98,703,000 after acquiring an additional 180,726 shares in the last quarter. Finally, Norges Bank purchased a new stake in Janus Henderson Group during the 4th quarter valued at $83,525,000. Hedge funds and other institutional investors own 87.94% of the company's stock.

Analyst Ratings Changes

A number of brokerages have recently commented on JHG. Morgan Stanley lifted their price target on shares of Janus Henderson Group from $32.00 to $33.00 and gave the stock an "equal weight" rating in a research note on Tuesday, May 6th. JPMorgan Chase & Co. upgraded shares of Janus Henderson Group from a "neutral" rating to an "overweight" rating and boosted their price target for the stock from $44.00 to $53.00 in a research note on Wednesday, February 5th. Bank of America raised Janus Henderson Group from a "neutral" rating to a "buy" rating and reduced their price objective for the stock from $57.00 to $43.00 in a research note on Thursday, April 3rd. Cowen reissued a "buy" rating on shares of Janus Henderson Group in a research note on Wednesday, May 14th. Finally, Wall Street Zen cut Janus Henderson Group from a "buy" rating to a "hold" rating in a report on Tuesday, March 25th. Six equities research analysts have rated the stock with a hold rating and five have assigned a buy rating to the stock. Based on data from MarketBeat.com, Janus Henderson Group presently has an average rating of "Hold" and a consensus target price of $42.78.

Janus Henderson Group Stock Performance

Shares of JHG traded down $0.12 during trading hours on Wednesday, reaching $37.20. 329,838 shares of the company traded hands, compared to its average volume of 1,135,009. The stock has a market capitalization of $5.86 billion, a P/E ratio of 14.53, a P/E/G ratio of 0.66 and a beta of 1.46. The company has a quick ratio of 2.08, a current ratio of 3.08 and a debt-to-equity ratio of 0.08. The business has a fifty day moving average price of $34.49 and a 200-day moving average price of $39.86. Janus Henderson Group plc has a 12-month low of $28.26 and a 12-month high of $46.68.

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 analysts' consensus estimates of $0.72 by $0.07. Janus Henderson Group had a return on equity of 12.18% and a net margin of 16.38%. The firm had revenue of $621.40 million during the quarter, compared to the consensus estimate of $623.56 million. During the same quarter in the previous year, the company posted $0.71 earnings per share. The company's revenue was up 12.6% compared to the same quarter last year. Equities 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 announced a quarterly dividend, which will be paid on Thursday, May 29th. Stockholders of record on Monday, May 12th will be issued a dividend of $0.40 per share. This represents a $1.60 annualized dividend and a dividend yield of 4.30%. This is a positive change from Janus Henderson Group's previous quarterly dividend of $0.39. The ex-dividend date is Monday, May 12th. Janus Henderson Group's payout ratio is 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.