Vestcor Inc Invests $4.76 Million in Janus Henderson Group plc $JHG

Vestcor Inc acquired a new position in shares of Janus Henderson Group plc (NYSE:JHGFree Report) during the 4th quarter, according to its most recent filing with the SEC. The institutional investor acquired 100,000 shares of the company’s stock, valued at approximately $4,757,000.

Other large investors have also modified their holdings of the company. V Square Quantitative Management LLC purchased a new position in shares of Janus Henderson Group during the 4th quarter worth about $25,000. Bessemer Group Inc. lifted its holdings in shares of Janus Henderson Group by 134.6% during the 3rd quarter. Bessemer Group Inc. now owns 596 shares of the company’s stock worth $26,000 after acquiring an additional 342 shares during the period. Addison Advisors LLC lifted its holdings in shares of Janus Henderson Group by 42.3% during the 3rd quarter. Addison Advisors LLC now owns 818 shares of the company’s stock worth $36,000 after acquiring an additional 243 shares during the period. Larson Financial Group LLC lifted its holdings in shares of Janus Henderson Group by 108.0% during the 4th quarter. Larson Financial Group LLC now owns 782 shares of the company’s stock worth $37,000 after acquiring an additional 406 shares during the period. Finally, Hantz Financial Services Inc. lifted its holdings in shares of Janus Henderson Group by 114.7% during the 4th quarter. Hantz Financial Services Inc. now owns 831 shares of the company’s stock worth $40,000 after acquiring an additional 444 shares during the period. 87.94% of the stock is currently owned by hedge funds and other institutional investors.

Janus Henderson Group Price Performance

JHG opened at $51.77 on Friday. The company has a quick ratio of 2.51, a current ratio of 3.89 and a debt-to-equity ratio of 0.07. Janus Henderson Group plc has a 52-week low of $35.76 and a 52-week high of $53.76. The company has a 50 day moving average of $51.62 and a two-hundred day moving average of $49.11. The company has a market cap of $7.98 billion, a P/E ratio of 10.19, a P/E/G ratio of 5.76 and a beta of 1.35.

Janus Henderson Group (NYSE:JHGGet Free Report) last released its quarterly earnings data 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). 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 for the quarter, compared to analysts’ expectations of $560.37 million. During the same quarter in the prior year, the firm earned $0.79 earnings per share. Janus Henderson Group’s quarterly revenue was up 11.0% compared to the same quarter last year. On average, analysts expect that Janus Henderson Group plc will post 4.39 earnings per share for the current year.

Insider Transactions at Janus Henderson Group

In other Janus Henderson Group news, insider Megan Podzorov sold 1,650 shares of the business’s stock in a transaction that occurred on Tuesday, March 10th. The shares were 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. The trade was a 11.91% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. 21.00% of the stock is currently owned by corporate insiders.

Wall Street Analyst Weigh In

Several research analysts have recently weighed in on the stock. Weiss Ratings reiterated a “buy (b)” rating on shares of Janus Henderson Group in a report on Friday, March 27th. Zacks Research lowered shares of Janus Henderson Group from a “strong-buy” rating to a “hold” rating in a report on Monday, April 6th. One equities research analyst has rated the stock with a Strong Buy rating, two have given a Buy rating and six have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average price target of $48.29.

View Our Latest Stock Report on Janus Henderson Group

Janus Henderson Group Profile

(Free Report)

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.

Further Reading

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Institutional Ownership by Quarter for Janus Henderson Group (NYSE:JHG)

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