Cubist Systematic Strategies LLC Reduces Holdings in Janus Henderson Group plc (NYSE:JHG)

Cubist Systematic Strategies LLC reduced its stake in shares of Janus Henderson Group plc (NYSE:JHG) by 49.8% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 82,304 shares of the company’s stock after selling 81,617 shares during the quarter. Cubist Systematic Strategies LLC’s holdings in Janus Henderson Group were worth $3,500,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently bought and sold shares of JHG. Vanguard Group Inc. increased its position in shares of Janus Henderson Group by 1.5% during the fourth quarter. Vanguard Group Inc. now owns 14,148,813 shares of the company’s stock worth $601,749,000 after purchasing an additional 203,330 shares in the last quarter. Charles Schwab Investment Management Inc. increased its position in Janus Henderson Group by 3.3% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 4,593,441 shares of the company’s stock worth $195,359,000 after buying an additional 147,362 shares during the period. Northern Trust Corp lifted its stake in Janus Henderson Group by 8.4% in the fourth quarter. Northern Trust Corp now owns 2,320,796 shares of the company’s stock valued at $98,703,000 after buying an additional 180,726 shares during the last quarter. Principal Financial Group Inc. lifted its stake in Janus Henderson Group by 28.9% in the third quarter. Principal Financial Group Inc. now owns 2,081,630 shares of the company’s stock valued at $79,248,000 after buying an additional 467,049 shares during the last quarter. Finally, Norges Bank acquired a new stake in shares of Janus Henderson Group in the fourth quarter valued at approximately $83,525,000. 87.94% of the stock is owned by hedge funds and other institutional investors.

Janus Henderson Group Stock Performance

Shares of JHG stock opened at $36.35 on Friday. The company has a current ratio of 3.08, a quick ratio of 2.08 and a debt-to-equity ratio of 0.08. The stock has a 50 day simple moving average of $34.48 and a 200-day simple moving average of $40.21. The company has a market cap of $5.73 billion, a price-to-earnings ratio of 14.20, a price-to-earnings-growth ratio of 0.66 and a beta of 1.46. Janus Henderson Group plc has a 12-month low of $28.26 and a 12-month high of $46.68.

Janus Henderson Group (NYSE:JHG) last released its quarterly earnings data on Thursday, May 1st. The company reported $0.79 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.72 by $0.07. The firm had revenue of $621.40 million during the quarter, compared to analysts’ expectations of $623.56 million. Janus Henderson Group had a return on equity of 12.18% and a net margin of 16.38%. Janus Henderson Group’s revenue was up 12.6% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.71 earnings per share. On average, equities analysts forecast that Janus Henderson Group plc will post 3.75 EPS for the current year.

Janus Henderson Group Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, May 29th. Investors of record on Monday, May 12th will be paid a $0.40 dividend. This is a boost from Janus Henderson Group’s previous quarterly dividend of $0.39. The ex-dividend date of this dividend is Monday, May 12th. This represents a $1.60 annualized dividend and a dividend yield of 4.40%. Janus Henderson Group’s dividend payout ratio (DPR) is 63.49%.

Wall Street Analyst Weigh In

JHG has been the topic of a number of recent research reports. Bank of America raised shares of Janus Henderson Group from a “neutral” rating to a “buy” rating and cut their target price for the company from $57.00 to $43.00 in a report on Thursday, April 3rd. UBS Group raised shares of Janus Henderson Group from a “neutral” rating to a “buy” rating and upped their target price for the company from $45.00 to $50.00 in a report on Monday, February 24th. StockNews.com lowered Janus Henderson Group from a “buy” rating to a “hold” rating in a report on Tuesday, March 25th. Wells Fargo & Company reduced their price objective on Janus Henderson Group from $46.00 to $36.00 and set an “equal weight” rating for the company in a research note on Tuesday, April 8th. Finally, Evercore ISI lifted their target price on Janus Henderson Group from $33.00 to $35.00 and gave the company an “in-line” rating in a research note on Friday, May 2nd. Six analysts have rated the stock with a hold rating and four have given a buy rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Hold” and a consensus price target of $42.78.

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.