Fisher Asset Management LLC Sells 103,655 Shares of Janus Henderson Group plc (NYSE:JHG)

Fisher Asset Management LLC lessened its stake in Janus Henderson Group plc (NYSE:JHG) by 5.8% during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,676,720 shares of the company’s stock after selling 103,655 shares during the quarter. Fisher Asset Management LLC’s holdings in Janus Henderson Group were worth $71,311,000 at the end of the most recent reporting period.

A number of other large investors also recently modified their holdings of the stock. Sage Investment Counsel LLC bought a new position in shares of Janus Henderson Group in the fourth quarter valued at approximately $787,000. Mutual of America Capital Management LLC increased its position in shares of Janus Henderson Group by 34.1% during the fourth quarter. Mutual of America Capital Management LLC now owns 306,051 shares of the company’s stock valued at $13,016,000 after acquiring an additional 77,775 shares during the last quarter. QRG Capital Management Inc. increased its position in shares of Janus Henderson Group by 22.0% during the fourth quarter. QRG Capital Management Inc. now owns 33,524 shares of the company’s stock valued at $1,426,000 after acquiring an additional 6,037 shares during the last quarter. Proficio Capital Partners LLC purchased a new stake in shares of Janus Henderson Group during the fourth quarter valued at approximately $997,000. Finally, Los Angeles Capital Management LLC increased its position in shares of Janus Henderson Group by 53.5% during the fourth quarter. Los Angeles Capital Management LLC now owns 223,684 shares of the company’s stock valued at $9,513,000 after acquiring an additional 78,004 shares during the last quarter. Institutional investors own 87.94% of the company’s stock.

Analyst Upgrades and Downgrades

A number of analysts recently commented on JHG shares. Evercore ISI increased their price target on Janus Henderson Group from $40.00 to $43.00 and gave the company an “in-line” rating in a research report on Thursday, November 7th. UBS Group raised Janus Henderson Group from a “neutral” rating to a “buy” rating and increased their price target for the company from $45.00 to $50.00 in a research report on Monday, February 24th. JPMorgan Chase & Co. raised Janus Henderson Group from a “neutral” rating to an “overweight” rating and increased their price target for the company from $44.00 to $53.00 in a research report on Wednesday, February 5th. The Goldman Sachs Group raised Janus Henderson Group from a “sell” rating to a “neutral” rating and increased their price target for the company from $42.00 to $45.00 in a research report on Monday, January 6th. Finally, Morgan Stanley increased their price target on Janus Henderson Group from $46.00 to $48.00 and gave the company an “equal weight” rating in a research report on Friday, December 20th. Six investment analysts have rated the stock with a hold rating and three have given a buy rating to the company. According to MarketBeat, the stock presently has an average rating of “Hold” and an average price target of $47.38.

Janus Henderson Group Stock Performance

NYSE:JHG opened at $42.15 on Friday. The company has a debt-to-equity ratio of 0.08, a current ratio of 3.08 and a quick ratio of 2.08. The business has a fifty day simple moving average of $43.09 and a two-hundred day simple moving average of $41.34. Janus Henderson Group plc has a 1 year low of $30.35 and a 1 year high of $46.68. The company has a market capitalization of $6.70 billion, a P/E ratio of 16.46, a P/E/G ratio of 0.66 and a beta of 1.50.

Janus Henderson Group (NYSE:JHG) last released its earnings results on Friday, January 31st. The company reported $1.07 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates 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 period in the prior year, the company earned $0.82 earnings per share. On average, analysts expect that Janus Henderson Group plc will post 3.75 earnings per share for the current year.

Janus Henderson Group Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Thursday, February 27th. Stockholders of record on Tuesday, February 11th were given a $0.39 dividend. This represents a $1.56 annualized dividend and a dividend yield of 3.70%. The ex-dividend date was Tuesday, February 11th. Janus Henderson Group’s dividend payout ratio (DPR) 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.