Fisher Asset Management LLC Sells 438,502 Shares of Janus Henderson Group plc (NYSE:JHG)

Fisher Asset Management LLC trimmed its stake in shares of Janus Henderson Group plc (NYSE:JHG - Free Report) by 19.3% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 1,833,157 shares of the company's stock after selling 438,502 shares during the period. Fisher Asset Management LLC owned approximately 1.11% of Janus Henderson Group worth $55,270,000 at the end of the most recent reporting period.

Several other hedge funds have also modified their holdings of the stock. Silchester International Investors LLP lifted its holdings in Janus Henderson Group by 6.5% during the 4th quarter. Silchester International Investors LLP now owns 14,888,669 shares of the company's stock worth $448,893,000 after buying an additional 914,200 shares in the last quarter. Brandywine Global Investment Management LLC acquired a new stake in Janus Henderson Group in the third quarter worth about $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 worth $11,199,000 after purchasing an additional 230,167 shares during the last quarter. Invesco Ltd. lifted 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 purchasing an additional 172,211 shares during the period. Finally, Charles Schwab Investment Management Inc. boosted its stake in shares of 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 valued at $88,522,000 after purchasing an additional 155,037 shares during the last quarter. 87.94% of the stock is owned by institutional investors.

Insider Activity

In related news, CAO Brennan A. Hughes sold 1,812 shares of the stock in a transaction dated Wednesday, March 6th. The stock was sold at an average price of $32.27, for a total transaction of $58,473.24. Following the completion of the transaction, the chief accounting officer now directly owns 3,535 shares in the company, valued at $114,074.45. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. In other Janus Henderson Group news, CFO Roger Mj Thompson sold 2,806 shares of Janus Henderson Group stock in a transaction on Friday, March 1st. The shares were sold at an average price of $31.07, for a total value of $87,182.42. Following the sale, the chief financial officer now directly owns 145,304 shares in the company, valued at approximately $4,514,595.28. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CAO Brennan A. Hughes sold 1,812 shares of the stock in a transaction dated Wednesday, March 6th. The stock was sold at an average price of $32.27, for a total transaction of $58,473.24. Following the transaction, the chief accounting officer now owns 3,535 shares of the company's stock, 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 over the last three months. Corporate insiders own 19.60% of the company's stock.

Analysts Set New Price Targets

A number of equities analysts have issued reports on JHG shares. UBS Group raised their price objective on shares of Janus Henderson Group from $28.00 to $30.00 and gave the company a "sell" rating in a research note on Friday, April 12th. Morgan Stanley lifted their price objective on Janus Henderson Group from $30.00 to $33.00 and gave the stock an "equal weight" rating in a research note on Wednesday, April 17th. The Goldman Sachs Group upped their price objective on Janus Henderson Group from $29.00 to $32.00 and gave the company a "sell" rating in a report on Tuesday, April 2nd. StockNews.com cut Janus Henderson Group from a "buy" rating to a "hold" rating in a report on Friday. Finally, JPMorgan Chase & Co. upped their price target on Janus Henderson Group from $35.00 to $36.00 and gave the company a "neutral" rating in a research note on Friday. Two research analysts have rated the stock with a sell rating, seven have issued a hold rating and one has given a buy rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of "Hold" and an average price target of $28.93.

Janus Henderson Group Stock Up 1.8 %

NYSE JHG traded up $0.59 during trading hours on Friday, reaching $32.55. 1,092,796 shares of the company's stock were exchanged, compared to its average volume of 951,980. The company has a debt-to-equity ratio of 0.07, a quick ratio of 2.76 and a current ratio of 3.89. The company has a market capitalization of $5.25 billion, a price-to-earnings ratio of 12.28, a price-to-earnings-growth ratio of 1.51 and a beta of 1.53. The company's 50-day moving average is $31.79 and its two-hundred day moving average is $29.18. Janus Henderson Group plc has a one year low of $22.17 and a one year high of $33.25.

Janus Henderson Group (NYSE:JHG - Get Free Report) last issued its quarterly earnings data on Thursday, May 2nd. The company reported $0.71 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.63 by $0.08. The company had revenue of $551.70 million during the quarter, compared to the consensus estimate of $547.20 million. Janus Henderson Group had a net margin of 19.89% and a return on equity of 10.02%. The firm's revenue was up 11.3% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.55 earnings per share. On average, analysts forecast that Janus Henderson Group plc will post 2.85 EPS for the current fiscal year.

Janus Henderson Group Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Wednesday, May 29th. Shareholders of record on Monday, May 13th will be paid a $0.39 dividend. This represents a $1.56 annualized dividend and a dividend yield of 4.79%. The ex-dividend date of this dividend is Friday, May 10th. Janus Henderson Group's dividend payout ratio is 58.87%.

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.