Sequoia Financial Advisors LLC Increases Stock Holdings in Janus Henderson Group plc $JHG

Sequoia Financial Advisors LLC increased its stake in shares of Janus Henderson Group plc (NYSE:JHG) by 31.1% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 52,798 shares of the company’s stock after buying an additional 12,515 shares during the quarter. Sequoia Financial Advisors LLC’s holdings in Janus Henderson Group were worth $2,712,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also bought and sold shares of JHG. Millennium Management LLC boosted its holdings in Janus Henderson Group by 20.3% during the 3rd quarter. Millennium Management LLC now owns 6,851,082 shares of the company’s stock worth $304,942,000 after acquiring an additional 1,154,481 shares during the last quarter. Charles Schwab Investment Management Inc. raised its holdings in shares of Janus Henderson Group by 2.7% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 5,343,899 shares of the company’s stock valued at $254,209,000 after purchasing an additional 139,229 shares during the last quarter. AQR Capital Management LLC lifted its position in shares of Janus Henderson Group by 29.7% during the third quarter. AQR Capital Management LLC now owns 4,800,028 shares of the company’s stock valued at $213,649,000 after purchasing an additional 1,099,858 shares in the last quarter. State Street Corp lifted its position in shares of Janus Henderson Group by 0.6% during the second quarter. State Street Corp now owns 4,578,071 shares of the company’s stock valued at $177,812,000 after purchasing an additional 28,114 shares in the last quarter. Finally, Norges Bank purchased a new position in Janus Henderson Group during the fourth quarter worth about $117,881,000. 87.94% of the stock is owned by hedge funds and other institutional investors.

Janus Henderson Group Stock Performance

NYSE:JHG opened at $51.95 on Wednesday. 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. The firm’s 50 day moving average is $51.83 and its 200 day moving average is $50.56. The stock has a market capitalization 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 (NYSE:JHG) last released its earnings results on Friday, May 8th. The company reported $0.90 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.98 by ($0.08). The firm had revenue of $541.60 million during the quarter, compared to analysts’ expectations of $560.37 million. Janus Henderson Group had a return on equity of 14.59% and a net margin of 24.33%.The business’s quarterly revenue was up 11.0% compared to the same quarter last year. During the same period in the prior year, the business earned $0.79 earnings per share. Sell-side analysts expect that Janus Henderson Group plc will post 4.39 earnings per share for the current year.

Analysts Set New Price Targets

JHG has been the subject of several analyst reports. Zacks Research lowered shares of Janus Henderson Group from a “strong-buy” rating to a “hold” rating in a research note on Monday, April 6th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Janus Henderson Group in a report on Wednesday, June 24th. One research analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating and five have assigned a Hold rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $49.00.

Janus Henderson Group Company 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.