Jacobs Levy Equity Management Inc. Sells 36,161 Shares of Janus Henderson Group plc (NYSE:JHG)

Jacobs Levy Equity Management Inc. lowered its stake in Janus Henderson Group plc (NYSE:JHG - Free Report) by 10.6% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 306,114 shares of the company's stock after selling 36,161 shares during the quarter. Jacobs Levy Equity Management Inc. owned approximately 0.19% of Janus Henderson Group worth $13,019,000 as of its most recent SEC filing.

A number of other hedge funds also recently made changes to their positions in the stock. US Bancorp DE raised its position in Janus Henderson Group by 2.3% in the fourth 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. raised its holdings in Janus Henderson Group by 4.4% in the 4th quarter. Avantax Advisory Services Inc. now owns 6,356 shares of the company's stock valued at $270,000 after buying an additional 270 shares during the last quarter. UMB Bank n.a. boosted its position in Janus Henderson Group by 56.5% during the 4th quarter. UMB Bank n.a. now owns 787 shares of the company's stock worth $33,000 after buying an additional 284 shares during the period. Callan Capital LLC grew its holdings in Janus Henderson Group by 5.3% during the 4th quarter. Callan Capital LLC now owns 5,741 shares of the company's stock worth $244,000 after acquiring an additional 287 shares during the last quarter. Finally, Larson Financial Group LLC increased its position in Janus Henderson Group by 33.9% in the 4th quarter. Larson Financial Group LLC now owns 1,137 shares of the company's stock valued at $48,000 after acquiring an additional 288 shares during the period. 87.94% of the stock is currently owned by institutional investors and hedge funds.

Janus Henderson Group Stock Up 0.8%

JHG traded up $0.32 during midday trading on Friday, hitting $38.72. The company had a trading volume of 1,622,923 shares, compared to its average volume of 1,124,595. The stock's 50 day moving average price is $34.51 and its 200 day moving average price is $40.17. Janus Henderson Group plc has a 52 week low of $28.26 and a 52 week high of $46.68. The company has a market capitalization of $6.10 billion, a price-to-earnings ratio of 15.12, a PEG 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.

Janus Henderson Group (NYSE:JHG - Get Free Report) last issued its earnings results on Thursday, May 1st. The company reported $0.79 EPS for the quarter, beating 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 business had revenue of $621.40 million during the quarter, compared to analyst estimates of $623.56 million. During the same period in the previous year, the company posted $0.71 EPS. The firm's revenue was up 12.6% compared to the same quarter last year. On average, research analysts anticipate that Janus Henderson Group plc will post 3.75 earnings per share for the current fiscal year.

Janus Henderson Group Increases Dividend

The company also recently disclosed 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 is an increase from Janus Henderson Group's previous quarterly dividend of $0.39. The ex-dividend date is Monday, May 12th. This represents a $1.60 annualized dividend and a dividend yield of 4.13%. Janus Henderson Group's payout ratio is currently 63.49%.

Wall Street Analyst Weigh In

Several analysts recently weighed in on the stock. Bank of America raised shares of 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. StockNews.com cut Janus Henderson Group from a "buy" rating to a "hold" rating in a research note on Tuesday, March 25th. Cowen reaffirmed a "buy" rating on shares of Janus Henderson Group in a research note on Wednesday. JPMorgan Chase & Co. raised shares of Janus Henderson Group from a "neutral" rating to an "overweight" rating and increased their target price for the company from $44.00 to $53.00 in a research report on Wednesday, February 5th. Finally, UBS Group upgraded shares of Janus Henderson Group from a "neutral" rating to a "buy" rating and boosted their price target for the stock from $45.00 to $50.00 in a research report on Monday, February 24th. Six analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. According to data from MarketBeat.com, Janus Henderson Group presently has an average rating of "Hold" and an average price target of $42.78.

About Janus Henderson Group

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.