Illinois Municipal Retirement Fund Purchases 28,321 Shares of Janus Henderson Group plc (NYSE:JHG)

Illinois Municipal Retirement Fund boosted its position in shares of Janus Henderson Group plc (NYSE:JHG) by 121.8% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 51,577 shares of the company’s stock after acquiring an additional 28,321 shares during the period. Illinois Municipal Retirement Fund’s holdings in Janus Henderson Group were worth $1,555,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Silchester International Investors LLP grew its position in shares of 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 purchasing an additional 914,200 shares in the last quarter. Brandywine Global Investment Management LLC bought a new position in Janus Henderson Group in the 3rd quarter worth about $12,460,000. Qube Research & Technologies Ltd raised its holdings 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 valued at $11,199,000 after acquiring an additional 230,167 shares in the last quarter. Invesco Ltd. boosted its position in shares of Janus Henderson Group by 33.2% during the 3rd quarter. Invesco Ltd. now owns 690,723 shares of the company’s stock valued at $17,834,000 after acquiring an additional 172,211 shares during the last quarter. Finally, Charles Schwab Investment Management Inc. grew its holdings in shares of Janus Henderson Group by 4.7% during the third 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. Institutional investors own 87.94% of the company’s stock.

Insider Buying and Selling at Janus Henderson Group

In other news, insider Georgina Fogo sold 22,076 shares of the stock in a transaction dated Wednesday, February 28th. The shares were sold at an average price of $30.93, for a total transaction of $682,810.68. Following the completion of the sale, the insider now directly owns 101,623 shares in the company, valued at $3,143,199.39. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. In related news, insider Georgina Fogo sold 22,076 shares of the company’s stock in a transaction that occurred on Wednesday, February 28th. The stock was sold at an average price of $30.93, for a total transaction of $682,810.68. Following the completion of the transaction, the insider now owns 101,623 shares in the company, valued at $3,143,199.39. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. Also, CFO Roger Mj Thompson sold 30,656 shares of the firm’s stock in a transaction on Wednesday, February 28th. The stock was sold at an average price of $30.93, for a total value of $948,190.08. Following the completion of the sale, the chief financial officer now directly owns 126,439 shares of the company’s stock, valued at approximately $3,910,758.27. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 70,133 shares of company stock worth $2,172,459. 19.60% of the stock is currently owned by company insiders.

Analyst Upgrades and Downgrades

JHG has been the topic of a number of recent analyst reports. The Goldman Sachs Group raised their target price on shares of Janus Henderson Group from $29.00 to $32.00 and gave the company a “sell” rating in a research note on Tuesday, April 2nd. UBS Group lifted their price objective 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. JPMorgan Chase & Co. upped their target price on shares of Janus Henderson Group from $31.00 to $35.00 and gave the stock a “neutral” rating in a research report on Tuesday. TD Cowen began coverage on Janus Henderson Group in a research report on Thursday, January 4th. They set a “market perform” rating and a $30.00 price target on the stock. Finally, Morgan Stanley upped their price objective on Janus Henderson Group from $30.00 to $33.00 and gave the stock an “equal weight” rating in a report on Wednesday, April 17th. Two equities research analysts have rated the stock with a sell rating, six have given a hold rating and two have issued a buy rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus target price of $28.83.

Janus Henderson Group Trading Up 1.3 %

Shares of JHG stock opened at $31.68 on Friday. The business has a 50-day moving average of $31.73 and a 200 day moving average of $28.88. The company has a debt-to-equity ratio of 0.07, a current ratio of 3.89 and a quick ratio of 2.76. 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 capitalization of $5.11 billion, a PE ratio of 13.37, a P/E/G ratio of 1.48 and a beta of 1.53.

Janus Henderson Group (NYSE:JHG) last released its quarterly earnings data on Thursday, February 1st. The company reported $0.82 earnings per share for the quarter, beating analysts’ consensus estimates of $0.56 by $0.26. Janus Henderson Group had a return on equity of 9.46% and a net margin of 18.39%. The firm had revenue of $568.50 million during the quarter, compared to analyst estimates of $520.26 million. During the same quarter in the prior year, the firm posted $0.61 earnings per share. The business’s quarterly revenue was up 10.3% compared to the same quarter last year. As a group, sell-side analysts anticipate that Janus Henderson Group plc will post 2.85 earnings per share for the current year.

Janus Henderson Group Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, February 28th. Shareholders of record on Monday, February 12th were issued a $0.39 dividend. This represents a $1.56 dividend on an annualized basis and a yield of 4.92%. The ex-dividend date was Friday, February 9th. Janus Henderson Group’s dividend payout ratio (DPR) is presently 65.82%.

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.