California Public Employees Retirement System Sells 36,579 Shares of Janus Henderson Group plc (NYSE:JHG)

California Public Employees Retirement System lessened its holdings in Janus Henderson Group plc (NYSE:JHGGet Rating) by 9.9% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 332,249 shares of the company’s stock after selling 36,579 shares during the quarter. California Public Employees Retirement System’s holdings in Janus Henderson Group were worth $7,811,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors have also recently bought and sold shares of the business. Principal Financial Group Inc. lifted its position in shares of Janus Henderson Group by 23.9% during the 2nd quarter. Principal Financial Group Inc. now owns 2,011,790 shares of the company’s stock valued at $47,298,000 after buying an additional 387,614 shares during the last quarter. Mitsubishi UFJ Trust & Banking Corp lifted its position in shares of Janus Henderson Group by 35.5% during the 2nd quarter. Mitsubishi UFJ Trust & Banking Corp now owns 27,027 shares of the company’s stock valued at $635,000 after buying an additional 7,078 shares during the last quarter. Lazard Asset Management LLC lifted its position in shares of Janus Henderson Group by 78.7% during the 2nd quarter. Lazard Asset Management LLC now owns 2,009 shares of the company’s stock valued at $47,000 after buying an additional 885 shares during the last quarter. Duality Advisers LP purchased a new position in shares of Janus Henderson Group during the 2nd quarter valued at $997,000. Finally, Walleye Capital LLC purchased a new position in shares of Janus Henderson Group during the 2nd quarter valued at $452,000. Institutional investors own 84.13% of the company’s stock.

Janus Henderson Group Stock Performance

NYSE:JHG opened at $25.02 on Thursday. The business’s 50-day moving average price is $22.50 and its two-hundred day moving average price is $24.29. Janus Henderson Group plc has a twelve month low of $19.09 and a twelve month high of $46.76. The stock has a market cap of $4.14 billion, a P/E ratio of 10.17 and a beta of 1.47. The company has a quick ratio of 2.33, a current ratio of 3.07 and a debt-to-equity ratio of 0.07.

Janus Henderson Group (NYSE:JHGGet Rating) last released its quarterly earnings results on Thursday, October 27th. The company reported $0.61 earnings per share for the quarter, beating the consensus estimate of $0.50 by $0.11. Janus Henderson Group had a return on equity of 11.27% and a net margin of 17.16%. The firm had revenue of $512.90 million for the quarter, compared to analysts’ expectations of $500.27 million. As a group, equities analysts predict that Janus Henderson Group plc will post 2.34 EPS for the current fiscal year.

Janus Henderson Group Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Wednesday, November 23rd. Shareholders of record on Monday, November 7th were issued a $0.39 dividend. The ex-dividend date of this dividend was Friday, November 4th. This represents a $1.56 annualized dividend and a dividend yield of 6.24%. Janus Henderson Group’s payout ratio is currently 63.41%.

Wall Street Analyst Weigh In

A number of brokerages have recently commented on JHG. Bank of America assumed coverage on Janus Henderson Group in a research report on Wednesday, September 7th. They set a “neutral” rating on the stock. The Goldman Sachs Group increased their price objective on Janus Henderson Group from $17.00 to $20.00 and gave the stock a “sell” rating in a report on Wednesday. Deutsche Bank Aktiengesellschaft increased their price objective on Janus Henderson Group from $21.00 to $25.00 and gave the stock a “hold” rating in a report on Tuesday, November 15th. TheStreet cut Janus Henderson Group from a “b-” rating to a “c+” rating in a report on Monday, October 10th. Finally, Credit Suisse Group dropped their price objective on Janus Henderson Group from $18.00 to $17.00 and set an “underperform” rating on the stock in a report on Friday, October 28th. Five investment analysts have rated the stock with a sell rating and four have assigned a hold rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Reduce” and an average target price of $20.08.

Janus Henderson Group Company Profile

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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.

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Institutional Ownership by Quarter for Janus Henderson Group (NYSE:JHG)

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