IMC Chicago LLC Invests $747,000 in Janus Henderson Group plc $JHG

IMC Chicago LLC bought a new stake in Janus Henderson Group plc (NYSE:JHG) in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 14,535 shares of the company’s stock, valued at approximately $747,000.

Several other institutional investors and hedge funds have also modified their holdings of the business. Norges Bank bought a new stake in Janus Henderson Group during the 4th quarter worth approximately $117,881,000. AQR Capital Management LLC raised its position in Janus Henderson Group by 92.1% in the 2nd quarter. AQR Capital Management LLC now owns 3,700,170 shares of the company’s stock valued at $143,715,000 after purchasing an additional 1,773,964 shares during the last quarter. Hudson Bay Capital Management LP acquired a new position in Janus Henderson Group in the fourth quarter worth $79,861,000. Soros Fund Management LLC acquired a new position in Janus Henderson Group in the fourth quarter worth $47,427,000. Finally, Quinn Opportunity Partners LLC bought a new stake in shares of Janus Henderson Group during the fourth quarter worth $46,904,000. 87.94% of the stock is owned by institutional investors and hedge funds.

Janus Henderson Group Stock Performance

Shares of Janus Henderson Group stock opened at $51.95 on Thursday. The company has a debt-to-equity ratio of 0.07, a current ratio of 3.89 and a quick ratio of 2.51. The firm has a 50 day simple moving average of $51.84 and a 200 day simple moving average of $50.59. Janus Henderson Group plc has a fifty-two week low of $38.67 and a fifty-two week high of $53.76. The firm has a market cap of $8.00 billion, a P/E ratio of 10.23, a P/E/G ratio of 5.78 and a beta of 1.35.

Janus Henderson Group (NYSE:JHG) last posted its quarterly earnings data on Friday, May 8th. The company reported $0.90 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.98 by ($0.08). The firm 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 firm’s quarterly revenue was up 11.0% compared to the same quarter last year. During the same period in the prior year, the company posted $0.79 EPS. Sell-side analysts predict that Janus Henderson Group plc will post 4.39 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

A number of analysts have recently weighed in on JHG shares. Zacks Research lowered Janus Henderson Group from a “strong-buy” rating to a “hold” rating in a research note on Monday, April 6th. Weiss Ratings reiterated a “buy (b)” rating on shares of Janus Henderson Group in a research report on Wednesday, June 24th. One research analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating and five have assigned a Hold rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Hold” and an average target price of $49.40.

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.