Corebridge Financial Inc. Sells 6,755 Shares of Janus Henderson Group plc (NYSE:JHG)

Corebridge Financial Inc. reduced its position in Janus Henderson Group plc (NYSE:JHG) by 4.5% during the fourth quarter, Holdings Channel.com reports. The firm owned 143,928 shares of the company’s stock after selling 6,755 shares during the quarter. Corebridge Financial Inc.’s holdings in Janus Henderson Group were worth $6,121,000 as of its most recent SEC filing.

Other hedge funds have also bought and sold shares of the company. Quarry LP lifted its stake in shares of Janus Henderson Group by 203.6% in the third 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. UMB Bank n.a. raised its holdings in shares of Janus Henderson Group by 56.5% in the 4th quarter. UMB Bank n.a. now owns 787 shares of the company’s stock worth $33,000 after acquiring an additional 284 shares during the last quarter. Richardson Financial Services Inc. lifted 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 acquiring an additional 363 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, EverSource Wealth Advisors LLC increased its holdings in Janus Henderson Group by 48.7% during the 4th quarter. EverSource Wealth Advisors LLC now owns 1,872 shares of the company’s stock worth $80,000 after purchasing an additional 613 shares in the last quarter. Institutional investors and hedge funds own 87.94% of the company’s stock.

Janus Henderson Group Trading Down 3.0 %

Shares of JHG stock opened at $35.97 on Friday. The company has a quick ratio of 2.08, a current ratio of 3.08 and a debt-to-equity ratio of 0.08. The firm has a market cap of $5.67 billion, a P/E ratio of 14.05, a PEG ratio of 0.66 and a beta of 1.49. The company has a 50 day moving average of $41.20 and a 200-day moving average of $41.51. 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 issued its earnings results on Friday, January 31st. The company reported $1.07 earnings per share (EPS) for the quarter, beating the consensus estimate 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 last year, the firm earned $0.82 EPS. Sell-side analysts anticipate 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 disclosed 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. This represents a $1.56 annualized dividend and a yield of 4.34%. The ex-dividend date of this dividend was Tuesday, February 11th. Janus Henderson Group’s dividend payout ratio (DPR) is presently 60.94%.

Analyst Ratings Changes

JHG has been the topic of several analyst reports. The Goldman Sachs Group raised Janus Henderson Group from a “sell” rating to a “neutral” rating and lifted their target price for the company from $42.00 to $45.00 in a research report on Monday, January 6th. Morgan Stanley lifted 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 report on Friday, December 20th. UBS Group upgraded shares of Janus Henderson Group from a “neutral” rating to a “buy” rating and increased their target price for the company from $45.00 to $50.00 in a report on Monday, February 24th. JPMorgan Chase & Co. upgraded shares of Janus Henderson Group from a “neutral” rating to an “overweight” rating and boosted their price target for the stock from $44.00 to $53.00 in a report on Wednesday, February 5th. Finally, StockNews.com lowered shares of Janus Henderson Group from a “buy” rating to a “hold” rating in a research note on Tuesday, March 25th. Six analysts have rated the stock with a hold rating and three have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus target price 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.