Securian Asset Management Inc. Sells 292 Shares of Janus Henderson Group plc (NYSE:JHG)

Securian Asset Management Inc. trimmed its position in Janus Henderson Group plc (NYSE:JHG) by 2.9% in the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 9,615 shares of the company’s stock after selling 292 shares during the quarter. Securian Asset Management Inc.’s holdings in Janus Henderson Group were worth $409,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Quarry LP increased its position in Janus Henderson Group by 203.6% in the 3rd quarter. Quarry LP now owns 759 shares of the company’s stock valued at $29,000 after buying an additional 509 shares in the last quarter. Richardson Financial Services Inc. increased its position in Janus Henderson Group by 89.4% in the 4th quarter. Richardson Financial Services Inc. now owns 769 shares of the company’s stock valued at $33,000 after buying an additional 363 shares in the last quarter. UMB Bank n.a. increased its position in Janus Henderson Group by 56.5% in the 4th 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. Larson Financial Group LLC boosted its stake in Janus Henderson Group by 33.9% during the 4th quarter. Larson Financial Group LLC now owns 1,137 shares of the company’s stock valued at $48,000 after purchasing an additional 288 shares during the last quarter. Finally, Huntington National Bank boosted its stake in Janus Henderson Group by 24.5% during the 3rd quarter. Huntington National Bank now owns 1,219 shares of the company’s stock valued at $46,000 after purchasing an additional 240 shares during the last quarter. 87.94% of the stock is owned by institutional investors.

Janus Henderson Group Trading Down 1.8 %

NYSE:JHG opened at $37.01 on Wednesday. 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 market capitalization of $5.83 billion, a PE ratio of 14.46, a price-to-earnings-growth ratio of 0.66 and a beta of 1.49. The firm’s 50 day moving average is $41.90 and its 200 day moving average is $41.49. Janus Henderson Group plc has a 12 month low of $30.35 and a 12 month high of $46.68.

Janus Henderson Group (NYSE:JHG) last posted its quarterly earnings results on Friday, January 31st. The company reported $1.07 EPS for the quarter, topping analysts’ consensus estimates of $0.94 by $0.13. Janus Henderson Group had a net margin of 16.38% and a return on equity of 12.18%. During the same period in the previous year, the firm posted $0.82 EPS. Sell-side analysts expect that Janus Henderson Group plc will post 3.75 earnings per share for the current year.

Janus Henderson Group Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Thursday, February 27th. Shareholders of record on Tuesday, February 11th were issued a dividend of $0.39 per share. The ex-dividend date was Tuesday, February 11th. This represents a $1.56 dividend on an annualized basis and a yield of 4.22%. Janus Henderson Group’s payout ratio is 60.94%.

Analyst Upgrades and Downgrades

A number of research firms have issued reports on JHG. UBS Group upgraded Janus Henderson Group from a “neutral” rating to a “buy” rating and lifted their price target for the company from $45.00 to $50.00 in a research note on Monday, February 24th. Wells Fargo & Company lifted their price target on Janus Henderson Group from $43.00 to $46.00 and gave the company an “equal weight” rating in a research note on Monday, February 3rd. Morgan Stanley lifted their price target on Janus Henderson Group from $46.00 to $48.00 and gave the company an “equal weight” rating in a research note on Friday, December 20th. StockNews.com upgraded Janus Henderson Group from a “hold” rating to a “buy” rating in a research note on Monday, March 3rd. Finally, JPMorgan Chase & Co. upgraded Janus Henderson Group from a “neutral” rating to an “overweight” rating and boosted their target price for the stock from $44.00 to $53.00 in a research note on Wednesday, February 5th. Five investment analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. According to MarketBeat, the stock has an average rating of “Hold” and a consensus price target of $47.38.

Janus Henderson Group Company 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.