Louisiana State Employees Retirement System Acquires Shares of 37,200 Janus Henderson Group plc (NYSE:JHG)

Louisiana State Employees Retirement System acquired a new stake in shares of Janus Henderson Group plc (NYSE:JHG - Free Report) during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 37,200 shares of the company's stock, valued at approximately $1,122,000.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Brandywine Global Investment Management LLC purchased a new position in Janus Henderson Group in the 3rd quarter worth approximately $12,460,000. Qube Research & Technologies Ltd raised its holdings in Janus Henderson Group by 113.1% during the 3rd quarter. Qube Research & Technologies Ltd now owns 433,739 shares of the company's stock valued at $11,199,000 after buying an additional 230,167 shares during the last quarter. Invesco Ltd. boosted its position in Janus Henderson Group by 33.2% during the 3rd quarter. Invesco Ltd. now owns 690,723 shares of the company's stock valued at $17,834,000 after buying an additional 172,211 shares during the period. Charles Schwab Investment Management Inc. grew its holdings in Janus Henderson Group by 4.7% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 3,428,414 shares of the company's stock worth $88,522,000 after acquiring an additional 155,037 shares during the last quarter. Finally, Jupiter Asset Management Ltd. bought a new stake in Janus Henderson Group in the 3rd quarter worth $3,527,000. Institutional investors own 87.94% of the company's stock.

Insider Buying and Selling

In other news, CFO Roger Mj Thompson sold 30,656 shares of the stock in a transaction that occurred on Wednesday, February 28th. The shares were sold at an average price of $30.93, for a total transaction of $948,190.08. Following the sale, the chief financial officer now owns 126,439 shares in the company, valued at $3,910,758.27. The transaction was disclosed in a filing with the SEC, which is available at this link. In other news, CFO Roger Mj Thompson sold 30,656 shares of the business's stock in a transaction on Wednesday, February 28th. The stock was sold at an average price of $30.93, for a total value of $948,190.08. Following the completion of the transaction, the chief financial officer now owns 126,439 shares in the company, valued at $3,910,758.27. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CAO Brennan A. Hughes sold 1,812 shares of the company's stock in a transaction on Wednesday, March 6th. The shares were sold at an average price of $32.27, for a total value of $58,473.24. Following the transaction, the chief accounting officer now directly owns 3,535 shares in the company, valued at $114,074.45. The disclosure for this sale can be found here. Insiders have sold a total of 70,133 shares of company stock worth $2,172,459 in the last quarter. Corporate insiders own 20.00% of the company's stock.

Analyst Ratings Changes

A number of analysts have recently weighed in on JHG shares. StockNews.com upgraded shares of Janus Henderson Group from a "hold" rating to a "buy" rating in a report on Thursday, February 29th. The Goldman Sachs Group lifted their price target on shares of Janus Henderson Group from $29.00 to $32.00 and gave the company a "sell" rating in a report on Tuesday, April 2nd. JPMorgan Chase & Co. boosted their price objective on shares of Janus Henderson Group from $31.00 to $35.00 and gave the company a "neutral" rating in a research report on Tuesday. Morgan Stanley raised their target price on shares of Janus Henderson Group from $30.00 to $33.00 and gave the stock an "equal weight" rating in a research report on Wednesday, April 17th. Finally, UBS Group boosted their price target on shares of Janus Henderson Group from $28.00 to $30.00 and gave the company a "sell" rating in a research report on Friday, April 12th. Two analysts have rated the stock with a sell rating, six have issued a hold rating and two have given a buy rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of "Hold" and an average price target of $28.83.

Janus Henderson Group Stock Down 0.7 %

JHG traded down $0.22 during midday trading on Wednesday, reaching $31.62. The company's stock had a trading volume of 887,621 shares, compared to its average volume of 1,095,911. Janus Henderson Group plc has a 1 year low of $22.17 and a 1 year high of $33.25. The stock's 50-day moving average is $31.67 and its 200-day moving average is $28.80. The firm has a market capitalization of $5.10 billion, a price-to-earnings ratio of 13.34, a PEG ratio of 1.51 and a beta of 1.53. The company has a current ratio of 3.89, a quick ratio of 2.76 and a debt-to-equity ratio of 0.07.

Janus Henderson Group (NYSE:JHG - Get Free Report) last issued its quarterly earnings results on Thursday, February 1st. The company reported $0.82 EPS for the quarter, topping analysts' consensus estimates of $0.56 by $0.26. Janus Henderson Group had a return on equity of 9.46% and a net margin of 18.39%. The firm had revenue of $568.50 million for the quarter, compared to analysts' expectations of $520.26 million. During the same period in the previous year, the firm posted $0.61 EPS. The business's revenue for the quarter was up 10.3% compared to the same quarter last year. As a group, research analysts expect that Janus Henderson Group plc will post 2.8 EPS for the current year.

Janus Henderson Group Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, February 28th. Stockholders of record on Monday, February 12th were issued a dividend of $0.39 per share. The ex-dividend date of this dividend was Friday, February 9th. This represents a $1.56 annualized dividend and a dividend yield of 4.93%. Janus Henderson Group's payout ratio is presently 65.82%.

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.