Silchester International Investors LLP Trims Stake in Janus Henderson Group plc (NYSE:JHG)

Silchester International Investors LLP cut its holdings in Janus Henderson Group plc (NYSE:JHG) by 68.5% during the first quarter, HoldingsChannel.com reports. The institutional investor owned 491,558 shares of the company’s stock after selling 1,069,443 shares during the period. Janus Henderson Group makes up about 3.2% of Silchester International Investors LLP’s portfolio, making the stock its 2nd biggest holding. Silchester International Investors LLP’s holdings in Janus Henderson Group were worth $17,770,000 at the end of the most recent quarter.

Several other hedge funds have also recently made changes to their positions in the business. US Bancorp DE boosted its stake in Janus Henderson Group by 2.3% during the fourth quarter. US Bancorp DE now owns 11,003 shares of the company’s stock worth $468,000 after buying an additional 243 shares during the period. Avantax Advisory Services Inc. lifted its holdings in shares of Janus Henderson Group by 4.4% in the 4th quarter. Avantax Advisory Services Inc. now owns 6,356 shares of the company’s stock worth $270,000 after acquiring an additional 270 shares during the last quarter. Callan Capital LLC boosted its stake in shares of Janus Henderson Group by 5.3% during the 4th quarter. Callan Capital LLC now owns 5,741 shares of the company’s stock worth $244,000 after purchasing an additional 287 shares during the period. Larson Financial Group LLC grew its holdings in 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 purchasing an additional 288 shares during the last quarter. Finally, Wells Fargo & Company MN grew its holdings in Janus Henderson Group by 4.0% during the 4th quarter. Wells Fargo & Company MN now owns 8,755 shares of the company’s stock valued at $372,000 after purchasing an additional 339 shares during the last quarter. 87.94% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several analysts have issued reports on the stock. UBS Group raised shares of Janus Henderson Group from a “neutral” rating to a “buy” rating and raised their price objective for the stock from $45.00 to $50.00 in a research note on Monday, February 24th. Morgan Stanley upped their price objective on Janus Henderson Group from $32.00 to $33.00 and gave the company an “equal weight” rating in a research report on Tuesday, May 6th. Cowen reiterated a “buy” rating on shares of Janus Henderson Group in a research note on Wednesday, May 14th. Wall Street Zen downgraded Janus Henderson Group from a “buy” rating to a “hold” rating in a research report on Tuesday, March 25th. Finally, The Goldman Sachs Group reduced their target price on shares of 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 investment analysts have rated the stock with a hold rating and five have issued a buy rating to the company. Based on data from MarketBeat.com, Janus Henderson Group currently has a consensus rating of “Hold” and a consensus target price of $42.78.

Janus Henderson Group Stock Down 0.1%

Shares of Janus Henderson Group stock opened at $36.87 on Thursday. Janus Henderson Group plc has a 1 year low of $28.26 and a 1 year high of $46.68. The company has a debt-to-equity ratio of 0.08, a current ratio of 3.08 and a quick ratio of 2.08. The stock has a market cap of $5.81 billion, a price-to-earnings ratio of 14.40, a PEG ratio of 0.66 and a beta of 1.42. The firm’s 50-day moving average is $34.62 and its two-hundred day moving average is $39.28.

Janus Henderson Group (NYSE:JHG) last issued its quarterly earnings data on Thursday, May 1st. The company reported $0.79 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.72 by $0.07. The company had revenue of $621.40 million for the quarter, compared to analyst estimates of $623.56 million. Janus Henderson Group had a net margin of 16.38% and a return on equity of 12.18%. Janus Henderson Group’s revenue was up 12.6% compared to the same quarter last year. During the same period last year, the company posted $0.71 earnings per share. As a group, research analysts expect that Janus Henderson Group plc will post 3.75 earnings per share for the current fiscal year.

Janus Henderson Group Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, May 29th. Stockholders of record on Monday, May 12th were given a $0.40 dividend. This represents a $1.60 annualized dividend and a dividend yield of 4.34%. This is a positive change from Janus Henderson Group’s previous quarterly dividend of $0.39. The ex-dividend date was Monday, May 12th. Janus Henderson Group’s payout ratio is presently 63.49%.

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.