Illinois Municipal Retirement Fund Has $1.56 Million Holdings in Janus Henderson Group plc (NYSE:JHG)

Illinois Municipal Retirement Fund boosted its holdings in Janus Henderson Group plc (NYSE:JHG) by 121.8% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 51,577 shares of the company’s stock after purchasing an additional 28,321 shares during the period. Illinois Municipal Retirement Fund’s holdings in Janus Henderson Group were worth $1,555,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Arizona State Retirement System increased its position in shares of Janus Henderson Group by 1.4% in the third quarter. Arizona State Retirement System now owns 37,734 shares of the company’s stock valued at $974,000 after acquiring an additional 510 shares during the last quarter. Assetmark Inc. raised its stake in shares of Janus Henderson Group by 14.8% during the 3rd quarter. Assetmark Inc. now owns 4,406 shares of the company’s stock worth $114,000 after purchasing an additional 567 shares in the last quarter. Olympiad Research LP boosted its holdings in shares of Janus Henderson Group by 10.8% in the 3rd quarter. Olympiad Research LP now owns 10,531 shares of the company’s stock valued at $272,000 after buying an additional 1,023 shares during the last quarter. SG Americas Securities LLC grew its stake in shares of Janus Henderson Group by 5.8% in the third quarter. SG Americas Securities LLC now owns 19,374 shares of the company’s stock valued at $500,000 after buying an additional 1,069 shares in the last quarter. Finally, North Star Investment Management Corp. increased its holdings in Janus Henderson Group by 9.6% during the fourth quarter. North Star Investment Management Corp. now owns 16,133 shares of the company’s stock worth $486,000 after buying an additional 1,417 shares during the last quarter. 87.94% of the stock is owned by institutional investors.

Janus Henderson Group Stock Up 1.3 %

JHG stock opened at $31.68 on Friday. The stock has a market capitalization of $5.11 billion, a P/E ratio of 13.37, a price-to-earnings-growth ratio of 1.48 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. The firm has a 50-day moving average price of $31.73 and a 200-day moving average price of $28.88. Janus Henderson Group plc has a 12 month low of $22.17 and a 12 month high of $33.25.

Janus Henderson Group (NYSE:JHG) last issued its quarterly earnings data on Thursday, February 1st. The company reported $0.82 EPS for the quarter, beating the consensus estimate of $0.56 by $0.26. Janus Henderson Group had a net margin of 18.39% and a return on equity of 9.46%. The business had revenue of $568.50 million during the quarter, compared to the consensus estimate of $520.26 million. During the same quarter in the prior year, the firm earned $0.61 EPS. The firm’s revenue was up 10.3% compared to the same quarter last year. As a group, equities research analysts anticipate that Janus Henderson Group plc will post 2.85 EPS for the current fiscal year.

Janus Henderson Group Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, February 28th. Investors of record on Monday, February 12th were given a dividend of $0.39 per share. The ex-dividend date of this dividend was Friday, February 9th. This represents a $1.56 dividend on an annualized basis and a yield of 4.92%. Janus Henderson Group’s dividend payout ratio is currently 65.82%.

Insider Buying and Selling at Janus Henderson Group

In other news, CAO Brennan A. Hughes sold 1,812 shares of Janus Henderson Group stock in a transaction on Wednesday, March 6th. The shares were 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 in the company, valued at $114,074.45. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. In other 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 value of $58,473.24. Following the completion of the sale, the chief accounting officer now owns 3,535 shares of the company’s stock, valued at $114,074.45. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, CFO Roger Mj Thompson sold 30,656 shares of the firm’s stock in a transaction dated Wednesday, February 28th. The stock was sold at an average price of $30.93, for a total value of $948,190.08. Following the transaction, the chief financial officer now owns 126,439 shares of the company’s stock, valued at $3,910,758.27. The disclosure for this sale can be found here. Over the last three months, insiders sold 70,133 shares of company stock worth $2,172,459. 19.60% of the stock is currently owned by insiders.

Analyst Ratings Changes

Several equities research analysts recently issued reports on JHG shares. TD Cowen began coverage on shares of Janus Henderson Group in a research note on Thursday, January 4th. They issued a “market perform” rating and a $30.00 target price for the company. UBS Group raised their target price on shares of Janus Henderson Group from $28.00 to $30.00 and gave the stock a “sell” rating in a report on Friday, April 12th. Morgan Stanley increased their price target on 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. The Goldman Sachs Group raised their price objective on Janus Henderson Group from $29.00 to $32.00 and gave the stock a “sell” rating in a research note on Tuesday, April 2nd. Finally, JPMorgan Chase & Co. upped their target price on Janus Henderson Group from $31.00 to $35.00 and gave the company a “neutral” rating in a research report on Tuesday. Two analysts have rated the stock with a sell rating, six have issued a hold rating and two have issued a buy rating to the stock. Based on data from MarketBeat.com, Janus Henderson Group currently has a consensus rating of “Hold” and an average price target of $28.83.

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.