Ruffer LLP Invests $4.37 Million in Janus Henderson Group plc $JHG

Ruffer LLP purchased a new position in shares of Janus Henderson Group plc (NYSE:JHG) in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm purchased 98,157 shares of the company’s stock, valued at approximately $4,369,000. Ruffer LLP owned approximately 0.06% of Janus Henderson Group as of its most recent SEC filing.

Several other institutional investors and hedge funds have also bought and sold shares of the stock. Charles Schwab Investment Management Inc. raised its stake in Janus Henderson Group by 3.2% in the 2nd quarter. Charles Schwab Investment Management Inc. now owns 5,102,005 shares of the company’s stock valued at $198,162,000 after acquiring an additional 155,947 shares during the period. State Street Corp increased its position in shares of Janus Henderson Group by 0.6% in the second quarter. State Street Corp now owns 4,578,071 shares of the company’s stock worth $177,812,000 after purchasing an additional 28,114 shares during the period. AQR Capital Management LLC raised its stake in Janus Henderson Group by 92.1% in the second 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 in the last quarter. Norges Bank bought a new stake in Janus Henderson Group during the second quarter worth about $86,180,000. Finally, Qube Research & Technologies Ltd grew its stake in Janus Henderson Group by 8.7% during the second quarter. Qube Research & Technologies Ltd now owns 1,856,228 shares of the company’s stock worth $72,096,000 after buying an additional 148,132 shares in the last quarter. Institutional investors own 87.94% of the company’s stock.

Analysts Set New Price Targets

Several equities analysts have recently issued reports on JHG shares. Weiss Ratings reiterated a “buy (b)” rating on shares of Janus Henderson Group in a research note on Monday, December 29th. Morgan Stanley raised their price objective on shares of Janus Henderson Group from $46.00 to $48.00 and gave the company an “equal weight” rating in a report on Wednesday, December 17th. Evercore ISI lowered their price objective on Janus Henderson Group from $50.00 to $49.00 and set an “in-line” rating for the company in a research report on Monday, December 22nd. Zacks Research downgraded Janus Henderson Group from a “strong-buy” rating to a “hold” rating in a report on Monday, December 8th. Finally, TD Cowen lowered shares of Janus Henderson Group from a “buy” rating to a “hold” rating and set a $49.00 price objective on the stock. in a research note on Tuesday, December 23rd. One analyst has rated the stock with a Strong Buy rating, three have given a Buy rating and seven have given a Hold rating to the stock. Based on data from MarketBeat, Janus Henderson Group has an average rating of “Hold” and an average price target of $47.67.

Janus Henderson Group Stock Performance

Shares of JHG opened at $48.07 on Thursday. The stock’s 50-day simple moving average is $46.28 and its 200 day simple moving average is $44.51. The stock has a market capitalization of $7.43 billion, a price-to-earnings ratio of 14.10, a price-to-earnings-growth ratio of 0.79 and a beta of 1.54. Janus Henderson Group plc has a 52-week low of $28.26 and a 52-week high of $49.42. The company has a debt-to-equity ratio of 0.08, a quick ratio of 2.15 and a current ratio of 4.02.

Janus Henderson Group (NYSE:JHG) last released its quarterly earnings results on Thursday, October 30th. The company reported $1.09 earnings per share for the quarter, beating the consensus estimate of $1.01 by $0.08. Janus Henderson Group had a return on equity of 12.35% and a net margin of 19.82%.The firm had revenue of $700.40 million for the quarter, compared to analysts’ expectations of $695.57 million. During the same quarter last year, the firm posted $0.91 EPS. The company’s revenue was up 12.1% compared to the same quarter last year. Research analysts forecast that Janus Henderson Group plc will post 3.75 EPS for the current fiscal 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.