Mutual of America Capital Management LLC Has $13.84 Million Stock Holdings in Janus Henderson Group plc $JHG

Mutual of America Capital Management LLC trimmed its position in Janus Henderson Group plc (NYSE:JHG) by 3.9% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 310,962 shares of the company’s stock after selling 12,460 shares during the quarter. Mutual of America Capital Management LLC’s holdings in Janus Henderson Group were worth $13,841,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Charles Schwab Investment Management Inc. lifted its stake in Janus Henderson Group by 3.2% in the 2nd quarter. Charles Schwab Investment Management Inc. now owns 5,102,005 shares of the company’s stock valued at $198,162,000 after purchasing an additional 155,947 shares during the last quarter. State Street Corp raised its stake in shares of Janus Henderson Group by 0.6% during the second quarter. State Street Corp now owns 4,578,071 shares of the company’s stock valued at $177,812,000 after acquiring an additional 28,114 shares during the last quarter. AQR Capital Management LLC increased its position in shares of Janus Henderson Group by 92.1% during the second quarter. AQR Capital Management LLC now owns 3,700,170 shares of the company’s stock worth $143,715,000 after buying an additional 1,773,964 shares during the period. Norges Bank bought a new stake in shares of Janus Henderson Group during the second quarter valued at approximately $86,180,000. Finally, Qube Research & Technologies Ltd increased its stake in Janus Henderson Group by 8.7% during the 2nd quarter. Qube Research & Technologies Ltd now owns 1,856,228 shares of the company’s stock valued at $72,096,000 after purchasing an additional 148,132 shares in the last quarter. 87.94% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

Several equities research analysts have recently commented on the stock. TD Cowen downgraded shares of Janus Henderson Group from a “buy” rating to a “hold” rating and set a $49.00 target price for the company. in a research report on Tuesday, December 23rd. Weiss Ratings restated a “buy (b)” rating on shares of Janus Henderson Group in a report on Monday, December 29th. Zacks Research lowered shares of Janus Henderson Group from a “strong-buy” rating to a “hold” rating in a research note on Monday, December 8th. 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 Wednesday, December 17th. Finally, Wall Street Zen raised Janus Henderson Group from a “hold” rating to a “buy” rating in a research report on Saturday, December 20th. One research analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating and seven have assigned a Hold rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Hold” and an average target price of $47.67.

Janus Henderson Group Price Performance

Shares of NYSE JHG opened at $47.97 on Monday. The company has a current ratio of 4.02, a quick ratio of 2.15 and a debt-to-equity ratio of 0.08. The stock has a fifty day simple moving average of $45.93 and a two-hundred day simple moving average of $44.39. Janus Henderson Group plc has a 1-year low of $28.26 and a 1-year high of $49.42. The firm has a market cap of $7.41 billion, a price-to-earnings ratio of 14.07, a price-to-earnings-growth ratio of 0.78 and a beta of 1.54.

Janus Henderson Group (NYSE:JHG) last issued its quarterly earnings results on Thursday, October 30th. The company reported $1.09 EPS for the quarter, beating 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 return on equity of 12.35% and a net margin of 19.82%.The business’s revenue for the quarter was up 12.1% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.91 EPS. Analysts anticipate that Janus Henderson Group plc will post 3.75 earnings per share for the current year.

Janus Henderson Group Announces Dividend

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

Janus Henderson Group Profile

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.