Intech Investment Management LLC trimmed its position in shares of Janus Henderson Group plc (NYSE:JHG – Free Report) by 33.8% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 23,921 shares of the company’s stock after selling 12,230 shares during the period. Intech Investment Management LLC’s holdings in Janus Henderson Group were worth $1,138,000 as of its most recent SEC filing.
Other hedge funds also recently bought and sold shares of the company. V Square Quantitative Management LLC bought a new stake in Janus Henderson Group in the 4th quarter worth approximately $25,000. Bessemer Group Inc. lifted its position in Janus Henderson Group by 134.6% in the 3rd quarter. Bessemer Group Inc. now owns 596 shares of the company’s stock worth $26,000 after buying an additional 342 shares during the last quarter. Larson Financial Group LLC lifted its position in Janus Henderson Group by 108.0% in the 4th quarter. Larson Financial Group LLC now owns 782 shares of the company’s stock worth $37,000 after buying an additional 406 shares during the last quarter. Addison Advisors LLC lifted its position in Janus Henderson Group by 42.3% in the 3rd quarter. Addison Advisors LLC now owns 818 shares of the company’s stock worth $36,000 after buying an additional 243 shares during the last quarter. Finally, Hantz Financial Services Inc. lifted its position in Janus Henderson Group by 114.7% in the 4th quarter. Hantz Financial Services Inc. now owns 831 shares of the company’s stock worth $40,000 after buying an additional 444 shares during the last quarter. Institutional investors own 87.94% of the company’s stock.
Wall Street Analysts Forecast Growth
A number of research firms recently weighed in on JHG. Weiss Ratings restated a “buy (b)” rating on shares of Janus Henderson Group in a research report on Friday, March 27th. Zacks Research downgraded Janus Henderson Group from a “strong-buy” rating to a “hold” rating in a research report on Monday, April 6th. One investment 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. According to data from MarketBeat, the stock currently has an average rating of “Hold” and an average price target of $48.29.
Insiders Place Their Bets
In related news, insider Megan Podzorov sold 1,650 shares of the stock in a transaction dated Tuesday, March 10th. The stock was sold at an average price of $51.24, for a total transaction of $84,546.00. Following the completion of the sale, the insider directly owned 12,204 shares in the company, valued at $625,332.96. This represents a 11.91% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. 21.00% of the stock is owned by corporate insiders.
Janus Henderson Group Trading Down 0.0%
Shares of JHG stock opened at $51.77 on Friday. The stock has a market capitalization of $7.98 billion, a PE ratio of 10.19, a P/E/G ratio of 5.76 and a beta of 1.35. Janus Henderson Group plc has a 1-year low of $35.76 and a 1-year high of $53.76. The business has a 50-day moving average of $51.62 and a 200 day moving average of $49.11. The company has a debt-to-equity ratio of 0.07, a current ratio of 3.89 and a quick ratio of 2.51.
Janus Henderson Group (NYSE:JHG – Get Free Report) last issued its earnings results on Friday, May 8th. The company reported $0.90 earnings per share 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 analysts’ expectations of $560.37 million. Janus Henderson Group had a net margin of 24.33% and a return on equity of 14.59%. The company’s revenue was up 11.0% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.79 earnings per share. As a group, sell-side analysts anticipate that Janus Henderson Group plc will post 4.39 earnings per share 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.
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