California Public Employees Retirement System Decreases Holdings in Janus Henderson Group plc (NYSE:JHG)

California Public Employees Retirement System cut its stake in shares of Janus Henderson Group plc (NYSE:JHG) by 5.6% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 256,146 shares of the company’s stock after selling 15,183 shares during the period. California Public Employees Retirement System owned about 0.15% of Janus Henderson Group worth $7,723,000 as of its most recent SEC filing.

A number of other hedge funds have also added to or reduced their stakes in JHG. Silchester International Investors LLP raised its stake in Janus Henderson Group by 6.5% during the 4th quarter. Silchester International Investors LLP now owns 14,888,669 shares of the company’s stock valued at $448,893,000 after buying an additional 914,200 shares during the last quarter. Brandywine Global Investment Management LLC purchased a new stake in shares of Janus Henderson Group in the 3rd quarter worth $12,460,000. Qube Research & Technologies Ltd increased its stake in shares of Janus Henderson Group by 113.1% in the 3rd quarter. Qube Research & Technologies Ltd now owns 433,739 shares of the company’s stock worth $11,199,000 after purchasing an additional 230,167 shares in the last quarter. Invesco Ltd. increased its stake in shares of Janus Henderson Group by 33.2% in the 3rd quarter. Invesco Ltd. now owns 690,723 shares of the company’s stock worth $17,834,000 after purchasing an additional 172,211 shares in the last quarter. Finally, Charles Schwab Investment Management Inc. increased its stake in shares of Janus Henderson Group by 4.7% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 3,428,414 shares of the company’s stock worth $88,522,000 after purchasing an additional 155,037 shares in the last quarter. 87.94% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several research firms have recently commented on JHG. The Goldman Sachs Group upped their price objective on Janus Henderson Group from $29.00 to $32.00 and gave the stock a “sell” rating in a research note on Tuesday, April 2nd. JPMorgan Chase & Co. upped their price objective on Janus Henderson Group from $35.00 to $36.00 and gave the stock a “neutral” rating in a research note on Friday. StockNews.com lowered Janus Henderson Group from a “buy” rating to a “hold” rating in a research note on Friday. UBS Group upped their price objective on Janus Henderson Group from $28.00 to $30.00 and gave the stock a “sell” rating in a research note on Friday, April 12th. Finally, Morgan Stanley increased their price target on Janus Henderson Group from $30.00 to $33.00 and gave the stock an “equal weight” rating in a research note on Wednesday, April 17th. Two equities research analysts have rated the stock with a sell rating, seven have assigned a hold rating and one has assigned a buy rating to the company. Based on data from MarketBeat.com, Janus Henderson Group has a consensus rating of “Hold” and a consensus target price of $28.93.

Insider Activity

In other news, CAO Brennan A. Hughes sold 1,812 shares of the firm’s stock in a transaction dated Wednesday, March 6th. The stock was sold at an average price of $32.27, for a total transaction of $58,473.24. Following the completion of the transaction, the chief accounting officer now 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 other news, CFO Roger Mj Thompson sold 30,656 shares of the firm’s stock in a transaction dated Wednesday, February 28th. The stock was sold at an average price of $30.93, for a total transaction of $948,190.08. Following the completion of the transaction, the chief financial officer now owns 126,439 shares in the company, valued at $3,910,758.27. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, CAO Brennan A. Hughes sold 1,812 shares of Janus Henderson Group stock in a transaction dated Wednesday, March 6th. The stock was sold at an average price of $32.27, for a total value of $58,473.24. Following the completion of the transaction, the chief accounting officer now owns 3,535 shares of the company’s stock, valued at approximately $114,074.45. The disclosure for this sale can be found here. Insiders sold a total of 70,133 shares of company stock worth $2,172,459 over the last 90 days. Corporate insiders own 19.60% of the company’s stock.

Janus Henderson Group Price Performance

NYSE:JHG opened at $32.55 on Friday. The company has a quick ratio of 2.76, a current ratio of 3.89 and a debt-to-equity ratio of 0.07. The business’s 50-day simple moving average is $31.77 and its two-hundred day simple moving average is $29.08. The stock has a market cap of $5.25 billion, a PE ratio of 13.73, a P/E/G ratio of 1.47 and a beta of 1.53. Janus Henderson Group plc has a 52 week low of $22.17 and a 52 week high of $33.25.

Janus Henderson Group (NYSE:JHG) last issued its quarterly earnings data on Thursday, May 2nd. The company reported $0.71 earnings per share for the quarter, beating analysts’ consensus estimates of $0.63 by $0.08. The firm had revenue of $551.70 million during the quarter, compared to analyst estimates of $547.20 million. Janus Henderson Group had a return on equity of 9.46% and a net margin of 18.39%. The business’s quarterly revenue was up 11.3% compared to the same quarter last year. During the same quarter last year, the business posted $0.55 earnings per share. As a group, analysts forecast that Janus Henderson Group plc will post 2.85 EPS for the current fiscal year.

Janus Henderson Group Announces Dividend

The company also recently disclosed 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. The ex-dividend date of this dividend is Friday, May 10th. This represents a $1.56 dividend on an annualized basis and a dividend yield of 4.79%. Janus Henderson Group’s payout ratio is 65.82%.

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.