Louisiana State Employees Retirement System Takes Position in Janus Henderson Group plc (NYSE:JHG)

Louisiana State Employees Retirement System bought a new stake in shares of Janus Henderson Group plc (NYSE:JHG) in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 37,200 shares of the company’s stock, valued at approximately $1,122,000.

Other large investors have also recently made changes to their positions in the company. Neo Ivy Capital Management purchased a new stake in shares of Janus Henderson Group during the third quarter valued at $39,000. Assetmark Inc. raised its holdings in shares of Janus Henderson Group by 14.8% in the third quarter. Assetmark Inc. now owns 4,406 shares of the company’s stock valued at $114,000 after acquiring an additional 567 shares in the last quarter. Arete Wealth Advisors LLC bought a new stake in shares of Janus Henderson Group in the third quarter valued at about $214,000. Country Club Bank GFN bought a new stake in shares of Janus Henderson Group in the fourth quarter valued at about $218,000. Finally, MQS Management LLC bought a new stake in shares of Janus Henderson Group in the third quarter valued at about $225,000. 87.94% of the stock is owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In other Janus Henderson Group news, CFO Roger Mj Thompson sold 30,656 shares of the company’s stock in a transaction that occurred 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 sale, the chief financial officer now owns 126,439 shares in the company, valued at approximately $3,910,758.27. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. In other Janus Henderson Group news, CFO Roger Mj Thompson sold 30,656 shares of the company’s stock in a transaction that occurred 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 sale, the chief financial officer now owns 126,439 shares in the company, valued at approximately $3,910,758.27. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, COO James R. Lowry sold 9,754 shares of the company’s stock in a transaction that occurred on Wednesday, February 28th. The stock was sold at an average price of $30.93, for a total value of $301,691.22. Following the completion of the sale, the chief operating officer now owns 35,265 shares in the company, valued at approximately $1,090,746.45. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 70,133 shares of company stock worth $2,172,459. Corporate insiders own 20.00% of the company’s stock.

Analyst Upgrades and Downgrades

Several analysts recently weighed in on JHG shares. StockNews.com upgraded Janus Henderson Group from a “hold” rating to a “buy” rating in a report on Thursday, February 29th. TD Cowen assumed coverage on shares of Janus Henderson Group in a report on Thursday, January 4th. They issued a “market perform” rating and a $30.00 target price for the company. JPMorgan Chase & Co. boosted their target price on shares of Janus Henderson Group from $31.00 to $35.00 and gave the stock a “neutral” rating in a report on Tuesday. The Goldman Sachs Group upped their price objective 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. Finally, Morgan Stanley upped their price objective on shares of Janus Henderson Group from $30.00 to $33.00 and gave the company an “equal weight” rating in a report on Wednesday, April 17th. Two research analysts have rated the stock with a sell rating, six have assigned a hold rating and two have issued a buy rating to the stock. Based on data from MarketBeat, Janus Henderson Group currently has a consensus rating of “Hold” and an average target price of $28.83.

Janus Henderson Group Price Performance

Shares of NYSE JHG opened at $31.85 on Wednesday. The business’s 50 day moving average price is $31.67 and its 200 day moving average price is $28.80. The firm has a market cap of $5.14 billion, a P/E ratio of 13.44, a P/E/G ratio of 1.48 and a beta of 1.52. Janus Henderson Group plc has a 52 week low of $22.17 and a 52 week high of $33.25. The company has a quick ratio of 2.76, a current ratio of 3.89 and a debt-to-equity ratio of 0.07.

Janus Henderson Group (NYSE:JHG) last released its quarterly earnings data on Thursday, February 1st. The company reported $0.82 EPS for the quarter, topping the consensus estimate 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 business had revenue of $568.50 million for the quarter, compared to analyst estimates of $520.26 million. During the same quarter in the prior year, the firm posted $0.61 EPS. The business’s quarterly revenue was up 10.3% compared to the same quarter last year. On average, sell-side analysts expect that Janus Henderson Group plc will post 2.8 earnings per share for the current year.

Janus Henderson Group Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, February 28th. Shareholders of record on Monday, February 12th were given a $0.39 dividend. The ex-dividend date was Friday, February 9th. This represents a $1.56 annualized dividend and a yield of 4.90%. Janus Henderson Group’s dividend payout ratio is presently 65.82%.

Janus Henderson Group Company 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.