Teacher Retirement System of Texas Has $6.47 Million Stock Holdings in Janus Henderson Group plc (NYSE:JHG)

Teacher Retirement System of Texas boosted its stake in shares of Janus Henderson Group plc (NYSE:JHG - Free Report) by 35.3% during the first quarter, according to its most recent Form 13F filing with the SEC. The fund owned 178,833 shares of the company's stock after buying an additional 46,658 shares during the period. Teacher Retirement System of Texas owned 0.11% of Janus Henderson Group worth $6,465,000 at the end of the most recent quarter.

Other large investors have also recently added to or reduced their stakes in the company. Norges Bank acquired a new stake in shares of Janus Henderson Group in the fourth quarter valued at $83,525,000. Castlekeep Investment Advisors LLC acquired a new position in Janus Henderson Group in the fourth quarter valued at $74,989,000. Millennium Management LLC increased its stake in Janus Henderson Group by 23.9% in the fourth quarter. Millennium Management LLC now owns 7,247,633 shares of the company's stock valued at $308,242,000 after purchasing an additional 1,399,781 shares during the period. SG Americas Securities LLC increased its position in Janus Henderson Group by 4,233.1% in the 1st quarter. SG Americas Securities LLC now owns 834,380 shares of the company's stock valued at $30,163,000 after acquiring an additional 815,124 shares during the period. Finally, Point72 Asset Management L.P. increased its holdings in shares of Janus Henderson Group by 113.7% in the fourth quarter. Point72 Asset Management L.P. now owns 1,010,600 shares of the company's stock valued at $42,981,000 after purchasing an additional 537,700 shares during the period. 87.94% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several equities analysts have issued reports on JHG shares. Bank of America upgraded Janus Henderson Group from a "neutral" rating to a "buy" rating and dropped their target price for the stock from $57.00 to $43.00 in a research report on Thursday, April 3rd. The Goldman Sachs Group lowered their target price on Janus Henderson Group from $47.00 to $41.00 and set a "neutral" rating on the stock in a report on Thursday, April 3rd. Wall Street Zen lowered shares of Janus Henderson Group from a "buy" rating to a "hold" rating in a research report on Tuesday, March 25th. Morgan Stanley raised their target price on shares of 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, Evercore ISI lifted their target price on Janus Henderson Group from $33.00 to $35.00 and gave the company an "in-line" rating in a report on Friday, May 2nd. Six analysts have rated the stock with a hold rating and five have given a buy rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of "Hold" and an average price target of $43.11.

Janus Henderson Group Stock Up 1.0%

NYSE JHG traded up $0.42 during trading on Thursday, reaching $41.45. 1,296,089 shares of the company's stock were exchanged, compared to its average volume of 1,153,695. Janus Henderson Group plc has a fifty-two week low of $28.26 and a fifty-two 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 firm has a market capitalization of $6.53 billion, a PE ratio of 16.45, a P/E/G ratio of 1.39 and a beta of 1.43. The company's fifty day simple moving average is $37.36 and its 200-day simple moving average is $38.47.

Janus Henderson Group (NYSE:JHG - Get Free Report) last announced 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. The firm had revenue of $621.40 million for the quarter, compared to the consensus estimate of $623.56 million. Janus Henderson Group had a net margin of 15.56% and a return on equity of 12.13%. The business's quarterly revenue was up 12.6% on a year-over-year basis. During the same quarter last year, the firm posted $0.71 EPS. Sell-side analysts predict that Janus Henderson Group plc will post 3.75 EPS for the current year.

Janus Henderson Group Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, May 29th. Stockholders of record on Monday, May 12th were paid a dividend of $0.40 per share. This is a boost from Janus Henderson Group's previous quarterly dividend of $0.39. This represents a $1.60 annualized dividend and a dividend yield of 3.86%. The ex-dividend date of this dividend was Monday, May 12th. Janus Henderson Group's dividend payout ratio is 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.