QRG Capital Management Inc. raised its stake in shares of Janus Henderson Group plc (NYSE:JHG – Free Report) by 80.9% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 53,400 shares of the company’s stock after acquiring an additional 23,889 shares during the quarter. QRG Capital Management Inc.’s holdings in Janus Henderson Group were worth $2,743,000 at the end of the most recent reporting period.
A number of other institutional investors and hedge funds have also made changes to their positions in JHG. JPMorgan Chase & Co. grew its stake in Janus Henderson Group by 28.7% in the third quarter. JPMorgan Chase & Co. now owns 754,201 shares of the company’s stock valued at $33,569,000 after purchasing an additional 168,241 shares during the last quarter. Millennium Management LLC lifted its position in shares of Janus Henderson Group by 20.3% during the third quarter. Millennium Management LLC now owns 6,851,082 shares of the company’s stock valued at $304,942,000 after buying an additional 1,154,481 shares during the last quarter. Clark Capital Management Group Inc. boosted its holdings in shares of Janus Henderson Group by 101.2% in the 3rd quarter. Clark Capital Management Group Inc. now owns 1,829,676 shares of the company’s stock valued at $81,439,000 after buying an additional 920,477 shares in the last quarter. Prana Capital Management LP boosted its holdings in shares of Janus Henderson Group by 158.2% in the 3rd quarter. Prana Capital Management LP now owns 116,319 shares of the company’s stock valued at $5,177,000 after buying an additional 71,271 shares in the last quarter. Finally, Azora Capital LP purchased a new position in shares of Janus Henderson Group in the 3rd quarter worth approximately $13,657,000. 87.94% of the stock is currently owned by hedge funds and other institutional investors.
Janus Henderson Group Stock Performance
Shares of JHG remained flat at $51.95 during mid-day trading on Tuesday. The company has a market capitalization of $8.00 billion, a price-to-earnings ratio of 10.23, a P/E/G ratio of 5.78 and a beta of 1.35. The company has a debt-to-equity ratio of 0.07, a quick ratio of 2.51 and a current ratio of 3.89. The company’s 50-day simple moving average is $51.79 and its 200 day simple moving average is $50.34. Janus Henderson Group plc has a 12-month low of $38.67 and a 12-month high of $53.76.
Wall Street Analyst Weigh In
JHG has been the subject of several recent analyst reports. Weiss Ratings reiterated a “buy (b)” rating on shares of Janus Henderson Group in a research note on Wednesday, June 24th. 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 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’s stock. According to data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus target price of $48.29.
Check Out Our Latest Stock Analysis on JHG
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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