Teacher Retirement System of Texas Purchases 91,986 Shares of Janus Henderson Group plc $JHG

Teacher Retirement System of Texas lifted its position in shares of Janus Henderson Group plc (NYSE:JHG) by 163.0% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 148,436 shares of the company’s stock after purchasing an additional 91,986 shares during the period. Teacher Retirement System of Texas owned 0.10% of Janus Henderson Group worth $6,607,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also added to or reduced their stakes in JHG. Norges Bank bought a new stake in shares of Janus Henderson Group in the second quarter valued at about $86,180,000. Brighton Jones LLC acquired a new stake in Janus Henderson Group in the 2nd quarter worth about $685,000. Park Avenue Securities LLC boosted its holdings in Janus Henderson Group by 101.0% in the 3rd quarter. Park Avenue Securities LLC now owns 50,890 shares of the company’s stock valued at $2,265,000 after purchasing an additional 25,570 shares during the period. Aviva PLC acquired a new position in shares of Janus Henderson Group during the 2nd quarter worth approximately $526,000. Finally, Cresset Asset Management LLC increased its holdings in shares of Janus Henderson Group by 316.8% during the second quarter. Cresset Asset Management LLC now owns 63,262 shares of the company’s stock worth $2,457,000 after purchasing an additional 48,084 shares during the period. 87.94% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

A number of equities research analysts recently issued reports on the company. Weiss Ratings reissued a “buy (b)” rating on shares of Janus Henderson Group in a research report on Monday, December 29th. Zacks Research lowered Janus Henderson Group from a “strong-buy” rating to a “hold” rating in a report on Monday, December 8th. Evercore ISI dropped their price target on Janus Henderson Group from $50.00 to $49.00 and set an “in-line” rating for the company in a research note on Monday, December 22nd. Morgan Stanley increased their price objective on shares of Janus Henderson Group from $46.00 to $48.00 and gave the stock an “equal weight” rating in a research note on Wednesday, December 17th. Finally, BMO Capital Markets started coverage on shares of Janus Henderson Group in a research report on Friday, October 3rd. They issued an “outperform” rating and a $52.00 target price for the company. One analyst has rated the stock with a Strong Buy rating, three have given a Buy rating and seven have given a Hold rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Hold” and a consensus target price of $47.67.

Janus Henderson Group Trading Up 0.2%

Shares of Janus Henderson Group stock opened at $48.05 on Tuesday. The firm’s 50 day moving average is $46.05 and its 200 day moving average is $44.44. The firm has a market capitalization of $7.42 billion, a PE ratio of 14.09, a price-to-earnings-growth ratio of 0.78 and a beta of 1.54. Janus Henderson Group plc has a 1 year low of $28.26 and a 1 year high of $49.42. The company has a current ratio of 4.02, a quick ratio of 2.15 and a debt-to-equity ratio of 0.08.

Janus Henderson Group (NYSE:JHG) last posted its earnings results on Thursday, October 30th. The company reported $1.09 earnings per share for the quarter, topping analysts’ consensus estimates of $1.01 by $0.08. The firm had revenue of $700.40 million for the quarter, compared to analysts’ expectations of $695.57 million. Janus Henderson Group had a net margin of 19.82% and a return on equity of 12.35%. The company’s revenue was up 12.1% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.91 earnings per share. Equities research analysts forecast that Janus Henderson Group plc will post 3.75 earnings per share for the current fiscal year.

Janus Henderson Group Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, November 26th. Shareholders of record on Monday, November 10th were given a $0.40 dividend. The ex-dividend date was Monday, November 10th. This represents a $1.60 annualized dividend and a yield of 3.3%. Janus Henderson Group’s dividend payout ratio (DPR) is currently 46.92%.

About Janus Henderson Group

Janus Henderson Group plc is a global asset manager offering a broad range of investment solutions across equities, fixed income, multi-asset and alternative strategies. The firm provides portfolio management services to institutional clients, financial intermediaries and individual investors. Its product lineup includes actively managed mutual funds, separate accounts and exchange-traded funds, designed to meet a variety of risk-return objectives and investment horizons.

The company was formed in May 2017 through the merger of Janus Capital Group and Henderson Group, combining decades of investment expertise in both the U.S.