Carlson Capital L.P. Takes Position in Janus Henderson Group plc $JHG

Carlson Capital L.P. bought a new stake in Janus Henderson Group plc (NYSE:JHG) in the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 23,000 shares of the company’s stock, valued at approximately $1,182,000.

Several other large investors also recently bought and sold shares of JHG. Rockefeller Capital Management L.P. lifted its position in Janus Henderson Group by 29.9% during the fourth quarter. Rockefeller Capital Management L.P. now owns 935 shares of the company’s stock valued at $44,000 after purchasing an additional 215 shares during the last quarter. Inscription Capital LLC grew its stake in shares of Janus Henderson Group by 2.0% in the 4th quarter. Inscription Capital LLC now owns 13,938 shares of the company’s stock worth $663,000 after buying an additional 279 shares in the last quarter. Kera Capital Partners Inc. increased its holdings in shares of Janus Henderson Group by 2.0% in the 1st quarter. Kera Capital Partners Inc. now owns 14,409 shares of the company’s stock worth $740,000 after buying an additional 287 shares during the last quarter. UMB Bank n.a. increased its holdings in shares of Janus Henderson Group by 14.7% in the 4th quarter. UMB Bank n.a. now owns 2,469 shares of the company’s stock worth $117,000 after buying an additional 316 shares during the last quarter. Finally, Lido Advisors LLC raised its position in shares of Janus Henderson Group by 5.9% during the 4th quarter. Lido Advisors LLC now owns 5,829 shares of the company’s stock valued at $261,000 after buying an additional 324 shares in the last quarter. Institutional investors own 87.94% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research analysts recently commented on JHG shares. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Janus Henderson Group in a report on Wednesday, June 24th. Zacks Research cut 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, one has given a Buy rating and five have given a Hold rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average price target of $49.40.

Janus Henderson Group Price Performance

JHG opened at $51.95 on Friday. The business has a fifty day moving average of $51.89 and a 200 day moving average of $50.93. Janus Henderson Group plc has a 52-week low of $38.67 and a 52-week high of $53.76. The company has a quick ratio of 2.51, a current ratio of 3.89 and a debt-to-equity ratio of 0.07. The stock has a market cap of $8.00 billion, a P/E ratio of 10.23, a PEG ratio of 5.78 and a beta of 1.35.

Janus Henderson Group (NYSE:JHG) last released its 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). Janus Henderson Group had a return on equity of 14.59% and a net margin of 24.33%.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 previous year, the business earned $0.79 EPS. The business’s revenue for the quarter was up 11.0% on a year-over-year basis. As a group, sell-side analysts anticipate that Janus Henderson Group plc will post 4.39 EPS for the current year.

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.