Janus Henderson Group PLC Has $17.33 Million Position in Sapiens International Co. (NASDAQ:SPNS)

Janus Henderson Group PLC boosted its position in Sapiens International Co. (NASDAQ:SPNS - Free Report) by 6.9% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 644,851 shares of the technology company's stock after purchasing an additional 41,422 shares during the period. Janus Henderson Group PLC owned about 1.15% of Sapiens International worth $17,327,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the business. Barclays PLC grew its position in Sapiens International by 415.1% during the third quarter. Barclays PLC now owns 54,640 shares of the technology company's stock worth $2,036,000 after buying an additional 44,033 shares during the period. Franklin Resources Inc. lifted its stake in shares of Sapiens International by 7.7% during the third quarter. Franklin Resources Inc. now owns 19,540 shares of the technology company's stock valued at $700,000 after buying an additional 1,391 shares during the period. JPMorgan Chase & Co. lifted its stake in shares of Sapiens International by 22.6% during the 3rd quarter. JPMorgan Chase & Co. now owns 177,878 shares of the technology company's stock worth $6,630,000 after purchasing an additional 32,780 shares during the period. Annex Advisory Services LLC boosted its holdings in shares of Sapiens International by 47.2% during the fourth quarter. Annex Advisory Services LLC now owns 72,491 shares of the technology company's stock worth $1,948,000 after purchasing an additional 23,249 shares during the last quarter. Finally, Blue Trust Inc. grew its position in shares of Sapiens International by 171.2% in the fourth quarter. Blue Trust Inc. now owns 1,356 shares of the technology company's stock valued at $36,000 after purchasing an additional 856 shares during the period. Institutional investors and hedge funds own 30.73% of the company's stock.

Wall Street Analysts Forecast Growth

Several analysts have commented on the company. Jefferies Financial Group cut Sapiens International from a "buy" rating to a "hold" rating and lowered their price target for the company from $36.00 to $28.00 in a report on Monday, February 3rd. Barclays upped their price objective on Sapiens International from $28.00 to $31.00 and gave the stock an "underweight" rating in a report on Friday, May 9th. Finally, Needham & Company LLC reaffirmed a "buy" rating and issued a $35.00 price objective on shares of Sapiens International in a research note on Wednesday, February 19th. One equities research analyst has rated the stock with a sell rating, two have issued a hold rating and three have given a buy rating to the company's stock. Based on data from MarketBeat, Sapiens International currently has a consensus rating of "Hold" and an average price target of $34.25.

Sapiens International Stock Performance

Shares of Sapiens International stock traded down $0.22 on Monday, reaching $28.32. 119,512 shares of the company were exchanged, compared to its average volume of 155,331. Sapiens International Co. has a 1-year low of $23.69 and a 1-year high of $41.22. The firm has a market cap of $1.58 billion, a price-to-earnings ratio of 21.95 and a beta of 0.95. The company has a debt-to-equity ratio of 0.04, a quick ratio of 2.18 and a current ratio of 2.24. The company's 50-day moving average is $27.10 and its two-hundred day moving average is $27.63.

Sapiens International (NASDAQ:SPNS - Get Free Report) last released its quarterly earnings results on Thursday, May 8th. The technology company reported $0.37 EPS for the quarter, topping the consensus estimate of $0.35 by $0.02. The business had revenue of $136.11 million during the quarter, compared to analyst estimates of $136.25 million. Sapiens International had a net margin of 13.31% and a return on equity of 17.42%. The company's quarterly revenue was up 1.4% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.36 earnings per share. As a group, research analysts expect that Sapiens International Co. will post 1.42 earnings per share for the current fiscal year.

Sapiens International Increases Dividend

The company also recently disclosed a semi-annual dividend, which was paid on Wednesday, April 16th. Stockholders of record on Monday, April 7th were paid a $0.66 dividend. This represents a dividend yield of 2.2%. The ex-dividend date was Monday, April 7th. This is an increase from Sapiens International's previous semi-annual dividend of $0.22. Sapiens International's payout ratio is currently 46.15%.

Sapiens International Profile

Sapiens International Corporation N.V. provides software solutions for the insurance industry in North America, the United Kingdom, Europe, the Middle East, Africa, the Asia Pacific, and internationally. The company provides various solutions for property and casualty commercial and personal lines, life and pensions, and reinsurance fields.