Legal & General Group Plc Sells 13,855 Shares of Janus Henderson Group plc (NYSE:JHG)

Legal & General Group Plc lessened its position in Janus Henderson Group plc (NYSE:JHG) by 4.5% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 296,748 shares of the company’s stock after selling 13,855 shares during the quarter. Legal & General Group Plc owned 0.19% of Janus Henderson Group worth $12,621,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also added to or reduced their stakes in the company. Richardson Financial Services Inc. boosted its holdings in shares of Janus Henderson Group by 89.4% in the 4th quarter. Richardson Financial Services Inc. now owns 769 shares of the company’s stock worth $33,000 after purchasing an additional 363 shares in the last quarter. UMB Bank n.a. boosted its stake in Janus Henderson Group by 56.5% in the fourth quarter. UMB Bank n.a. now owns 787 shares of the company’s stock worth $33,000 after buying an additional 284 shares in the last quarter. Larson Financial Group LLC boosted its stake in Janus Henderson Group by 33.9% in the fourth quarter. Larson Financial Group LLC now owns 1,137 shares of the company’s stock worth $48,000 after buying an additional 288 shares in the last quarter. EverSource Wealth Advisors LLC grew its position in Janus Henderson Group by 48.7% during the fourth quarter. EverSource Wealth Advisors LLC now owns 1,872 shares of the company’s stock valued at $80,000 after acquiring an additional 613 shares during the last quarter. Finally, Huntington National Bank raised its stake in shares of Janus Henderson Group by 89.7% during the fourth quarter. Huntington National Bank now owns 2,312 shares of the company’s stock worth $98,000 after acquiring an additional 1,093 shares in the last quarter. Hedge funds and other institutional investors own 87.94% of the company’s stock.

Janus Henderson Group Price Performance

Shares of Janus Henderson Group stock opened at $30.48 on Thursday. The business has a 50 day moving average of $37.62 and a 200 day moving average of $40.89. Janus Henderson Group plc has a 52 week low of $28.26 and a 52 week high of $46.68. The company has a market cap of $4.80 billion, a PE ratio of 11.91, a P/E/G ratio of 0.66 and a beta of 1.43. The company has a quick ratio of 2.08, a current ratio of 3.08 and a debt-to-equity ratio of 0.08.

Janus Henderson Group (NYSE:JHG) last issued its quarterly earnings data on Friday, January 31st. The company reported $1.07 EPS for the quarter, topping the consensus estimate of $0.94 by $0.13. Janus Henderson Group had a net margin of 16.38% and a return on equity of 12.18%. During the same period last year, the firm posted $0.82 earnings per share. As a group, equities research analysts forecast that Janus Henderson Group plc will post 3.75 earnings per share for the current year.

Janus Henderson Group Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, February 27th. Shareholders of record on Tuesday, February 11th were issued a $0.39 dividend. The ex-dividend date was Tuesday, February 11th. This represents a $1.56 annualized dividend and a yield of 5.12%. Janus Henderson Group’s dividend payout ratio (DPR) is presently 60.94%.

Analysts Set New Price Targets

Several equities analysts recently commented on the stock. 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 report on Thursday, April 3rd. Wells Fargo & Company reduced their price objective on Janus Henderson Group from $46.00 to $36.00 and set an “equal weight” rating on the stock in a research note on Tuesday, April 8th. StockNews.com lowered Janus Henderson Group from a “buy” rating to a “hold” rating in a research note on Tuesday, March 25th. JPMorgan Chase & Co. upgraded Janus Henderson Group from a “neutral” rating to an “overweight” rating and raised their price target for the stock from $44.00 to $53.00 in a research report on Wednesday, February 5th. Finally, Evercore ISI lowered their price objective on Janus Henderson Group from $44.00 to $33.00 and set an “in-line” rating for the company in a research report on Friday, April 11th. Six analysts have rated the stock with a hold rating and four have given a buy rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average price target of $44.22.

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.