Governors Lane LP purchased a new stake in shares of Janus Henderson Group plc (NYSE:JHG – Free Report) in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The firm purchased 125,000 shares of the company’s stock, valued at approximately $5,946,000.
Other hedge funds have also bought and sold shares of the company. V Square Quantitative Management LLC acquired a new stake in shares of Janus Henderson Group during the 4th quarter worth approximately $25,000. Empowered Funds LLC acquired a new stake in Janus Henderson Group during the fourth quarter valued at $33,000. Larson Financial Group LLC increased its holdings in Janus Henderson Group by 108.0% in the fourth quarter. Larson Financial Group LLC now owns 782 shares of the company’s stock valued at $37,000 after buying an additional 406 shares in the last quarter. Hantz Financial Services Inc. increased its holdings in Janus Henderson Group by 114.7% in the fourth quarter. Hantz Financial Services Inc. now owns 831 shares of the company’s stock valued at $40,000 after buying an additional 444 shares in the last quarter. Finally, Clearstead Advisors LLC raised its position in shares of Janus Henderson Group by 170.4% in the third quarter. Clearstead Advisors LLC now owns 1,144 shares of the company’s stock worth $51,000 after acquiring an additional 721 shares during the period. Hedge funds and other institutional investors own 87.94% of the company’s stock.
Analyst Upgrades and Downgrades
JHG has been the topic of several recent analyst reports. Weiss Ratings reissued a “buy (b)” rating on shares of Janus Henderson Group in a research note on Friday, March 27th. Zacks Research lowered Janus Henderson Group from a “strong-buy” rating to a “hold” rating in a research note on Monday, April 6th. One investment analyst has rated the stock with a Strong Buy rating, two have given a Buy rating and six have assigned a Hold rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus target price of $48.29.
Janus Henderson Group Price Performance
Janus Henderson Group stock opened at $51.79 on Thursday. The company has a fifty day simple moving average of $51.69 and a 200-day simple moving average of $49.67. The firm has a market capitalization of $7.98 billion, a price-to-earnings ratio of 10.19, a PEG ratio of 5.76 and a beta of 1.35. The company has a quick ratio of 2.51, a current ratio of 3.89 and a debt-to-equity ratio of 0.07. Janus Henderson Group plc has a 52-week low of $35.76 and a 52-week high of $53.76.
Janus Henderson Group (NYSE:JHG – Get Free Report) last posted its quarterly earnings results on Friday, May 8th. The company reported $0.90 earnings per share for the quarter, missing analysts’ consensus estimates of $0.98 by ($0.08). The business had revenue of $541.60 million for the quarter, compared to analyst estimates of $560.37 million. Janus Henderson Group had a return on equity of 14.59% and a net margin of 24.33%.The business’s revenue was up 11.0% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.79 earnings per share. On average, equities analysts anticipate that Janus Henderson Group plc will post 4.39 EPS for the current fiscal year.
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.
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