Alberta Investment Management Corp Makes New $14.27 Million Investment in Janus Henderson Group plc $JHG

Alberta Investment Management Corp acquired a new position in shares of Janus Henderson Group plc (NYSE:JHG) in the 4th quarter, Holdings Channel reports. The institutional investor acquired 300,000 shares of the company’s stock, valued at approximately $14,271,000.

Several other hedge funds have also recently bought and sold shares of the stock. V Square Quantitative Management LLC acquired a new stake in shares of Janus Henderson Group in the fourth quarter valued at $25,000. Bessemer Group Inc. increased its stake in shares of Janus Henderson Group by 134.6% in the third quarter. Bessemer Group Inc. now owns 596 shares of the company’s stock valued at $26,000 after buying an additional 342 shares in the last quarter. Empowered Funds LLC acquired a new stake in shares of Janus Henderson Group in the fourth quarter valued at $33,000. Larson Financial Group LLC increased its stake in shares of 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. Finally, Addison Advisors LLC increased its stake in shares of Janus Henderson Group by 42.3% in the third quarter. Addison Advisors LLC now owns 818 shares of the company’s stock valued at $36,000 after buying an additional 243 shares in the last quarter. 87.94% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of analysts recently commented on JHG shares. Weiss Ratings reiterated a “buy (b)” rating on shares of Janus Henderson Group in a research report on Friday, March 27th. Zacks Research lowered Janus Henderson Group from a “strong-buy” rating to a “hold” rating in a research report on Monday, April 6th. One research 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’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average target price of $48.29.

Janus Henderson Group Price Performance

Shares of JHG stock opened at $51.83 on Tuesday. The stock has a 50-day moving average price of $51.67 and a 200 day moving average price of $49.55. 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 firm has a market cap of $7.99 billion, a price-to-earnings ratio of 10.20, a PEG ratio of 5.77 and a beta of 1.36. Janus Henderson Group plc has a 12 month low of $35.76 and a 12 month high of $53.76.

Janus Henderson Group (NYSE:JHG) last posted its earnings results 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 company 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%.Janus Henderson Group’s quarterly 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. Research analysts expect that Janus Henderson Group plc will post 4.39 EPS for the current 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.