State of Wyoming Trims Stock Position in Janus Henderson Group plc (NYSE:JHG)

State of Wyoming lowered its stake in shares of Janus Henderson Group plc (NYSE:JHG) by 10.8% in the fourth quarter, according to its most recent 13F filing with the SEC. The fund owned 9,058 shares of the company’s stock after selling 1,092 shares during the period. State of Wyoming’s holdings in Janus Henderson Group were worth $385,000 at the end of the most recent quarter.

Other institutional investors have also modified their holdings of the company. Richardson Financial Services Inc. raised its stake in shares of Janus Henderson Group by 89.4% during the 4th quarter. Richardson Financial Services Inc. now owns 769 shares of the company’s stock valued at $33,000 after buying an additional 363 shares during the last quarter. UMB Bank n.a. raised its stake in shares of Janus Henderson Group by 56.5% during the 4th quarter. UMB Bank n.a. now owns 787 shares of the company’s stock valued at $33,000 after buying an additional 284 shares during the last quarter. Larson Financial Group LLC raised its stake in shares of Janus Henderson Group by 33.9% during the 4th quarter. Larson Financial Group LLC now owns 1,137 shares of the company’s stock valued at $48,000 after buying an additional 288 shares during the last quarter. Bessemer Group Inc. raised its stake in shares of Janus Henderson Group by 825.2% during the 4th quarter. Bessemer Group Inc. now owns 1,286 shares of the company’s stock valued at $55,000 after buying an additional 1,147 shares during the last quarter. Finally, EverSource Wealth Advisors LLC raised its stake in shares of Janus Henderson Group by 48.7% during the 4th quarter. EverSource Wealth Advisors LLC now owns 1,872 shares of the company’s stock valued at $80,000 after buying an additional 613 shares during the last quarter. Hedge funds and other institutional investors own 87.94% of the company’s stock.

Janus Henderson Group Trading Down 1.0%

JHG stock opened at $38.01 on Wednesday. The company has a current ratio of 3.08, a quick ratio of 2.08 and a debt-to-equity ratio of 0.08. Janus Henderson Group plc has a 12-month low of $28.26 and a 12-month high of $46.68. The stock has a market cap of $5.99 billion, a price-to-earnings ratio of 14.85, a PEG ratio of 0.66 and a beta of 1.46. The business’s 50-day moving average is $34.58 and its 200 day moving average is $40.10.

Janus Henderson Group (NYSE:JHG) last posted its quarterly earnings data on Thursday, May 1st. The company reported $0.79 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.72 by $0.07. Janus Henderson Group had a return on equity of 12.18% and a net margin of 16.38%. The company had revenue of $621.40 million for the quarter, compared to analysts’ expectations of $623.56 million. During the same period in the previous year, the firm posted $0.71 EPS. Janus Henderson Group’s revenue was up 12.6% compared to the same quarter last year. On average, sell-side analysts anticipate that Janus Henderson Group plc will post 3.75 EPS for the current fiscal year.

Janus Henderson Group Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, May 29th. Investors of record on Monday, May 12th will be issued a $0.40 dividend. This represents a $1.60 annualized dividend and a yield of 4.21%. This is a boost from Janus Henderson Group’s previous quarterly dividend of $0.39. The ex-dividend date is Monday, May 12th. Janus Henderson Group’s payout ratio is presently 63.49%.

Wall Street Analyst Weigh In

A number of equities analysts have weighed in on the company. UBS Group upgraded Janus Henderson Group from a “neutral” rating to a “buy” rating and lifted their price objective for the company from $45.00 to $50.00 in a research note on Monday, February 24th. Bank of America upgraded Janus Henderson Group from a “neutral” rating to a “buy” rating and dropped their target price for the company from $57.00 to $43.00 in a research report on Thursday, April 3rd. JPMorgan Chase & Co. upgraded Janus Henderson Group from a “neutral” rating to an “overweight” rating and raised their target price for the company from $44.00 to $53.00 in a research report on Wednesday, February 5th. StockNews.com cut Janus Henderson Group from a “buy” rating to a “hold” rating in a research report on Tuesday, March 25th. Finally, The Goldman Sachs Group dropped their target price on Janus Henderson Group from $47.00 to $41.00 and set a “neutral” rating on the stock in a research report on Thursday, April 3rd. Six analysts have rated the stock with a hold rating and five have given a buy rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average price target of $42.78.

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.