Retirement Systems of Alabama Buys 509 Shares of Janus Henderson Group plc (NYSE:JHG)

Retirement Systems of Alabama boosted its stake in Janus Henderson Group plc (NYSE:JHG) by 0.3% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 165,982 shares of the company’s stock after purchasing an additional 509 shares during the period. Retirement Systems of Alabama owned approximately 0.10% of Janus Henderson Group worth $5,004,000 at the end of the most recent quarter.

Other hedge funds have also added to or reduced their stakes in the company. Neo Ivy Capital Management purchased a new position in shares of Janus Henderson Group in the 3rd quarter worth $39,000. Headlands Technologies LLC bought a new stake in shares of Janus Henderson Group during the 4th quarter valued at about $52,000. Assetmark Inc. grew 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 valued at $114,000 after purchasing an additional 567 shares during the period. Arete Wealth Advisors LLC bought a new position in shares of Janus Henderson Group in the 3rd quarter worth approximately $214,000. Finally, Country Club Bank GFN purchased a new position in shares of Janus Henderson Group in the fourth quarter worth approximately $218,000. 87.94% of the stock is currently owned by hedge funds and other institutional investors.

Janus Henderson Group Trading Up 1.8 %

Janus Henderson Group stock opened at $32.55 on Monday. The company has a debt-to-equity ratio of 0.07, a current ratio of 3.92 and a quick ratio of 2.64. The firm’s 50 day moving average price is $31.79 and its 200-day moving average price is $29.22. Janus Henderson Group plc has a 1 year low of $22.17 and a 1 year high of $33.25. The stock has a market cap of $5.22 billion, a P/E ratio of 12.28, a PEG ratio of 1.54 and a beta of 1.53.

Janus Henderson Group (NYSE:JHG) last announced its quarterly earnings results on Thursday, May 2nd. The company reported $0.71 EPS for the quarter, topping the consensus estimate of $0.63 by $0.08. The business had revenue of $551.70 million for the quarter, compared to analysts’ expectations of $547.20 million. Janus Henderson Group had a net margin of 19.89% and a return on equity of 10.02%. The business’s quarterly revenue was up 11.3% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.55 EPS. On average, equities analysts predict that Janus Henderson Group plc will post 2.85 earnings per share for the current fiscal year.

Janus Henderson Group Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, May 29th. Stockholders of record on Monday, May 13th will be given a dividend of $0.39 per share. This represents a $1.56 annualized dividend and a dividend yield of 4.79%. The ex-dividend date is Friday, May 10th. Janus Henderson Group’s dividend payout ratio is 58.87%.

Analyst Ratings Changes

JHG has been the topic of several recent research reports. JPMorgan Chase & Co. increased their price target on shares of Janus Henderson Group from $35.00 to $36.00 and gave the stock a “neutral” rating in a research report on Friday. The Goldman Sachs Group lifted their target price on Janus Henderson Group from $29.00 to $32.00 and gave the company a “sell” rating in a research report on Tuesday, April 2nd. StockNews.com cut Janus Henderson Group from a “buy” rating to a “hold” rating in a research report on Friday. Morgan Stanley lifted their price objective on Janus Henderson Group from $30.00 to $33.00 and gave the company an “equal weight” rating in a research report on Wednesday, April 17th. Finally, UBS Group increased 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. Two investment analysts have rated the stock with a sell rating, seven have issued a hold rating and one has given a buy rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus target price of $28.93.

Insider Buying and Selling

In other Janus Henderson Group news, CAO Brennan A. Hughes sold 1,812 shares of the company’s stock in a transaction that occurred on Wednesday, March 6th. The stock was sold at an average price of $32.27, for a total transaction of $58,473.24. Following the sale, the chief accounting officer now directly 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 at the SEC website. In related news, CAO Brennan A. Hughes sold 1,812 shares of the stock in a transaction on Wednesday, March 6th. The stock was sold at an average price of $32.27, for a total transaction of $58,473.24. Following the sale, the chief accounting officer now owns 3,535 shares in the company, valued at approximately $114,074.45. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Also, CFO Roger Mj Thompson sold 30,656 shares of Janus Henderson Group stock in a transaction on Wednesday, February 28th. The stock was sold at an average price of $30.93, for a total transaction of $948,190.08. Following the transaction, the chief financial officer now directly 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 quarter, insiders sold 70,133 shares of company stock worth $2,172,459. Corporate insiders own 20.00% of the company’s stock.

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.