SG Americas Securities LLC Increases Holdings in Janus Henderson Group plc $JHG

SG Americas Securities LLC boosted its stake in Janus Henderson Group plc (NYSE:JHG) by 926.6% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 290,756 shares of the company’s stock after purchasing an additional 262,433 shares during the period. SG Americas Securities LLC owned approximately 0.19% of Janus Henderson Group worth $13,831,000 at the end of the most recent reporting period.

Several other hedge funds also recently added to or reduced their stakes in JHG. Norges Bank purchased a new stake in shares of Janus Henderson Group in the second quarter worth about $86,180,000. AQR Capital Management LLC grew its stake in shares of 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 buying an additional 1,773,964 shares in the last quarter. Millennium Management LLC raised its holdings in shares of Janus Henderson Group by 20.3% during the 3rd 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 period. Clark Capital Management Group Inc. raised its holdings in shares of Janus Henderson Group by 101.2% during 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 during the period. Finally, Balyasny Asset Management L.P. acquired a new position in Janus Henderson Group during the 3rd quarter worth approximately $26,409,000. 87.94% of the stock is owned by hedge funds and other institutional investors.

Janus Henderson Group Price Performance

Shares of NYSE JHG opened at $51.36 on Friday. The company has a quick ratio of 2.50, a current ratio of 4.18 and a debt-to-equity ratio of 0.07. Janus Henderson Group plc has a fifty-two week low of $28.26 and a fifty-two week high of $53.76. The business has a 50 day moving average price of $49.75 and a two-hundred day moving average price of $46.54. The firm has a market cap of $7.91 billion, a PE ratio of 9.76, a price-to-earnings-growth ratio of 1.47 and a beta of 1.53.

Janus Henderson Group (NYSE:JHG) last announced its earnings results on Friday, January 30th. The company reported $2.01 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.19 by $0.82. The company had revenue of $996.60 million for the quarter, compared to analyst estimates of $763.09 million. Janus Henderson Group had a return on equity of 14.70% and a net margin of 25.83%.Janus Henderson Group’s quarterly revenue was up 61.3% on a year-over-year basis. During the same period in the prior year, the company posted $1.07 EPS. Sell-side analysts expect that Janus Henderson Group plc will post 3.75 earnings per share for the current fiscal year.

Insider Buying and Selling

In related news, CTO William B. Cassidy sold 16,947 shares of Janus Henderson Group stock in a transaction on Friday, February 27th. The shares were sold at an average price of $52.27, for a total value of $885,819.69. Following the completion of the sale, the chief technology officer owned 118,939 shares in the company, valued at approximately $6,216,941.53. The trade was a 12.47% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, CEO Ali Dibadj sold 127,632 shares of the company’s stock in a transaction on Tuesday, February 17th. The shares were sold at an average price of $49.12, for a total transaction of $6,269,283.84. Following the completion of the sale, the chief executive officer directly owned 449,078 shares in the company, valued at $22,058,711.36. This represents a 22.13% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last quarter, insiders sold 146,229 shares of company stock worth $7,239,650. Insiders own 19.60% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities analysts have weighed in on the company. Morgan Stanley upped their price target on Janus Henderson Group from $46.00 to $48.00 and gave the stock an “equal weight” rating in a report on Wednesday, December 17th. Zacks Research raised shares of Janus Henderson Group from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, February 10th. Weiss Ratings restated a “buy (b)” rating on shares of Janus Henderson Group in a research note on Monday, December 29th. Evercore lowered their price target on shares of Janus Henderson Group from $50.00 to $49.00 and set an “in-line” rating for the company in a report on Monday, December 22nd. Finally, TD Cowen downgraded shares of Janus Henderson Group from a “buy” rating to a “hold” rating and set a $49.00 price target on the stock. in a research note on Tuesday, December 23rd. Two analysts have rated the stock with a Strong Buy rating, two have issued a Buy rating and six have issued a Hold rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $47.38.

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.