Janus Henderson Group plc (NYSE:JHG) Stake Lessened by Arrowstreet Capital Limited Partnership

Arrowstreet Capital Limited Partnership trimmed its stake in shares of Janus Henderson Group plc (NYSE:JHG) by 37.9% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 900,965 shares of the company’s stock after selling 549,688 shares during the quarter. Arrowstreet Capital Limited Partnership owned approximately 0.57% of Janus Henderson Group worth $38,318,000 at the end of the most recent quarter.

Several other hedge funds also recently added to or reduced their stakes in JHG. Quarry LP lifted its position in shares of Janus Henderson Group by 203.6% during the third quarter. Quarry LP now owns 759 shares of the company’s stock worth $29,000 after purchasing an additional 509 shares during the last quarter. UMB Bank n.a. raised its stake in Janus Henderson Group by 56.5% during the fourth quarter. UMB Bank n.a. now owns 787 shares of the company’s stock valued at $33,000 after buying an additional 284 shares in the last quarter. Richardson Financial Services Inc. lifted its holdings in Janus Henderson Group by 89.4% during the 4th quarter. Richardson Financial Services Inc. now owns 769 shares of the company’s stock worth $33,000 after buying an additional 363 shares during the last quarter. Larson Financial Group LLC grew its position in shares of Janus Henderson Group by 33.9% in the 4th quarter. Larson Financial Group LLC now owns 1,137 shares of the company’s stock worth $48,000 after acquiring an additional 288 shares in the last quarter. Finally, EverSource Wealth Advisors LLC increased its holdings in shares of Janus Henderson Group by 48.7% in the 4th 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. 87.94% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

JHG has been the subject of several recent research reports. UBS Group upgraded shares of Janus Henderson Group from a “neutral” rating to a “buy” rating and boosted their target price for the company from $45.00 to $50.00 in a research note on Monday, February 24th. JPMorgan Chase & Co. raised Janus Henderson Group from a “neutral” rating to an “overweight” rating and upped their target price for the company from $44.00 to $53.00 in a report on Wednesday, February 5th. Wells Fargo & Company raised their price target on Janus Henderson Group from $43.00 to $46.00 and gave the stock an “equal weight” rating in a report on Monday, February 3rd. StockNews.com downgraded Janus Henderson Group from a “buy” rating to a “hold” rating in a research note on Tuesday, March 25th. Finally, The Goldman Sachs Group upgraded Janus Henderson Group from a “sell” rating to a “neutral” rating and raised their target price for the company from $42.00 to $45.00 in a research note on Monday, January 6th. Six equities research analysts have rated the stock with a hold rating and three have issued a buy rating to the company’s stock. According to data from MarketBeat, Janus Henderson Group presently has an average rating of “Hold” and an average target price of $47.38.

Janus Henderson Group Stock Performance

Shares of JHG opened at $36.83 on Thursday. The firm has a 50-day moving average price of $40.80 and a 200 day moving average price of $41.52. The firm has a market capitalization of $5.80 billion, a PE ratio of 14.39, a P/E/G ratio of 0.66 and a beta of 1.43. Janus Henderson Group plc has a 52-week low of $30.35 and a 52-week high of $46.68. 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 announced its earnings results on Friday, January 31st. The company reported $1.07 earnings per share for the quarter, beating the consensus estimate of $0.94 by $0.13. Janus Henderson Group had a return on equity of 12.18% and a net margin of 16.38%. During the same quarter in the previous year, the company earned $0.82 earnings per share. On average, sell-side analysts anticipate that Janus Henderson Group plc will post 3.75 earnings per share for the current fiscal year.

Janus Henderson Group Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, February 27th. Investors of record on Tuesday, February 11th were paid a dividend of $0.39 per share. This represents a $1.56 annualized dividend and a yield of 4.24%. The ex-dividend date was Tuesday, February 11th. Janus Henderson Group’s dividend payout ratio is presently 60.94%.

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.