Credit Industriel ET Commercial Takes Position in Janus Henderson Group plc $JHG

Credit Industriel ET Commercial bought a new position in shares of Janus Henderson Group plc (NYSE:JHG) in the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 116,300 shares of the company’s stock, valued at approximately $5,974,000. Janus Henderson Group makes up about 0.5% of Credit Industriel ET Commercial’s portfolio, making the stock its 29th largest position.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Collaborative Fund Advisors LLC acquired a new position in Janus Henderson Group during the 1st quarter valued at about $242,000. DGS Capital Management LLC raised its position in Janus Henderson Group by 9.6% in the 1st quarter. DGS Capital Management LLC now owns 27,283 shares of the company’s stock valued at $1,402,000 after buying an additional 2,387 shares during the last quarter. Value Investment Professionals LLC bought a new stake in Janus Henderson Group in the 1st quarter worth about $4,096,000. QRG Capital Management Inc. lifted its holdings in Janus Henderson Group by 80.9% during the first quarter. QRG Capital Management Inc. now owns 53,400 shares of the company’s stock worth $2,743,000 after acquiring an additional 23,889 shares during the period. Finally, HB Wealth Management LLC boosted its holdings in shares of Janus Henderson Group by 9.0% in the 1st quarter. HB Wealth Management LLC now owns 6,235 shares of the company’s stock worth $320,000 after buying an additional 517 shares during the last quarter. Institutional investors and hedge funds own 87.94% of the company’s stock.

Janus Henderson Group Price Performance

JHG opened at $51.95 on Tuesday. The company has a 50 day moving average of $51.79 and a 200 day moving average of $50.34. The company has a market cap of $8.00 billion, a PE ratio of 10.23, a price-to-earnings-growth ratio of 5.78 and a beta of 1.35. Janus Henderson Group plc has a 12 month low of $38.67 and a 12 month high of $53.76. The company has a current ratio of 3.89, a quick ratio of 2.51 and a debt-to-equity ratio of 0.07.

Janus Henderson Group (NYSE:JHG) last released its quarterly earnings data 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). Janus Henderson Group had a net margin of 24.33% and a return on equity of 14.59%. The business had revenue of $541.60 million during the quarter, compared to analysts’ expectations of $560.37 million. During the same quarter in the prior year, the firm posted $0.79 earnings per share. The firm’s quarterly revenue was up 11.0% on a year-over-year basis. On average, sell-side analysts expect that Janus Henderson Group plc will post 4.39 EPS for the current year.

Wall Street Analysts Forecast Growth

A number of research analysts have recently weighed in on the stock. Weiss Ratings reissued a “buy (b)” rating on shares of Janus Henderson Group in a research report on Wednesday, June 24th. Zacks Research cut shares of Janus Henderson Group from a “strong-buy” rating to a “hold” rating in a report on Monday, April 6th. One investment analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating and six have given a Hold rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus target price of $48.29.

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.