Teacher Retirement System of Texas Sells 33,903 Shares of Janus Henderson Group plc (NYSE:JHG) (2024)

Teacher Retirement System of Texas lessened its holdings in Janus Henderson Group plc (NYSE:JHG – Free Report) by 40.0% during the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 50,948 shares of the company’s stock after selling 33,903 shares during the quarter. Teacher Retirement System of Texas’ holdings in Janus Henderson Group were worth $1,536,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also made changes to their positions in the business. Silchester International Investors LLP lifted its stake in shares of Janus Henderson Group by 6.5% in the fourth quarter. Silchester International Investors LLP now owns 14,888,669 shares of the company’s stock worth $448,893,000 after buying an additional 914,200 shares in the last quarter. Vanguard Group Inc. boosted its stake in Janus Henderson Group by 0.6% during the 3rd quarter. Vanguard Group Inc. now owns 13,540,493 shares of the company’s stock valued at $349,616,000 after purchasing an additional 84,307 shares during the last quarter. Charles Schwab Investment Management Inc. increased its holdings in shares of Janus Henderson Group by 0.5% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 3,446,283 shares of the company’s stock worth $103,905,000 after purchasing an additional 17,869 shares in the last quarter. Principal Financial Group Inc. raised its stake in shares of Janus Henderson Group by 2.0% in the third quarter. Principal Financial Group Inc. now owns 1,773,943 shares of the company’s stock worth $45,803,000 after purchasing an additional 34,791 shares during the last quarter. Finally, Invesco Ltd. lifted its holdings in shares of Janus Henderson Group by 33.2% during the third quarter. Invesco Ltd. now owns 690,723 shares of the company’s stock valued at $17,834,000 after purchasing an additional 172,211 shares in the last quarter. Institutional investors own 87.94% of the company’s stock.

Janus Henderson Group Stock Up 0.4 %

Shares of NYSE JHG opened at $34.37 on Friday. Janus Henderson Group plc has a 52-week low of $22.17 and a 52-week high of $34.96. The firm has a market capitalization of $5.52 billion, a price-to-earnings ratio of 12.97, a PEG ratio of 1.00 and a beta of 1.53. The stock has a 50 day moving average price of $32.16 and a 200 day moving average price of $29.92. The company has a debt-to-equity ratio of 0.07, a quick ratio of 2.64 and a current ratio of 3.92.

Janus Henderson Group Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, May 29th. Stockholders of record on Monday, May 13th will be given a $0.39 dividend. The ex-dividend date is Friday, May 10th. This represents a $1.56 dividend on an annualized basis and a dividend yield of 4.54%. Janus Henderson Group’s payout ratio is 58.87%.

Insider Buying and Selling

In related news, CFO Roger Mj Thompson sold 30,656 shares of the stock in a transaction that occurred on Wednesday, February 28th. The shares were sold at an average price of $30.93, for a total value of $948,190.08. Following the completion of the transaction, the chief financial officer now directly owns 126,439 shares of the company’s stock, valued at approximately $3,910,758.27. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. In other Janus Henderson Group news, CFO Roger Mj Thompson sold 30,656 shares of Janus Henderson Group stock in a transaction that occurred on Wednesday, February 28th. The shares were sold at an average price of $30.93, for a total transaction of $948,190.08. Following the completion of the sale, the chief financial officer now directly owns 126,439 shares in the company, valued at approximately $3,910,758.27. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CAO Brennan A. Hughes sold 1,812 shares of the business’s stock in a transaction on Wednesday, March 6th. The shares were sold at an average price of $32.27, for a total transaction of $58,473.24. Following the transaction, the chief accounting officer now owns 3,535 shares of the company’s stock, valued at $114,074.45. The disclosure for this sale can be found here. Insiders have sold a total of 70,133 shares of company stock worth $2,172,459 in the last ninety days. 19.60% of the stock is owned by insiders.

Wall Street Analysts Forecast Growth

Several research firms have issued reports on JHG. Morgan Stanley upped their target price on shares of Janus Henderson Group from $30.00 to $33.00 and gave the company an “equal weight” rating in a research note on Wednesday, April 17th. JPMorgan Chase & Co. increased their price objective on shares of Janus Henderson Group from $35.00 to $36.00 and gave the company a “neutral” rating in a research report on Friday, May 3rd. StockNews.com downgraded shares of Janus Henderson Group from a “buy” rating to a “hold” rating in a research report on Friday, May 3rd. TD Cowen raised Janus Henderson Group from a “hold” rating to a “buy” rating and increased their price target for the company from $34.00 to $37.00 in a report on Wednesday. Finally, The Goldman Sachs Group lifted their price objective on Janus Henderson Group from $29.00 to $32.00 and gave the stock a “sell” rating in a report on Tuesday, April 2nd. Two investment analysts have rated the stock with a sell rating, five have issued a hold rating and two have given a buy rating to the company’s stock. According to data from MarketBeat, Janus Henderson Group presently has an average rating of “Hold” and a consensus target price of $30.37.

Read Our Latest Analysis on JHG

Janus Henderson Group Profile

(Free Report)

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.