Geode Capital Management LLC Raises Stake in Janus Henderson Group plc $JHG

Geode Capital Management LLC increased its stake in shares of Janus Henderson Group plc (NYSE:JHG) by 4.4% during the fourth quarter, according to its most recent filing with the SEC. The institutional investor owned 2,372,074 shares of the company’s stock after purchasing an additional 100,216 shares during the period. Geode Capital Management LLC owned 1.54% of Janus Henderson Group worth $112,861,000 as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. Integrity Alliance LLC. purchased a new stake in shares of Janus Henderson Group in the 4th quarter valued at about $238,000. Kestra Investment Management LLC raised its holdings in shares of Janus Henderson Group by 567.6% in the 4th quarter. Kestra Investment Management LLC now owns 68,903 shares of the company’s stock valued at $3,278,000 after acquiring an additional 58,582 shares in the last quarter. Hantz Financial Services Inc. raised its holdings in shares of Janus Henderson Group by 114.7% in the 4th quarter. Hantz Financial Services Inc. now owns 831 shares of the company’s stock valued at $40,000 after acquiring an additional 444 shares in the last quarter. Guinness Asset Management LTD raised its holdings in shares of Janus Henderson Group by 26.5% in the 4th quarter. Guinness Asset Management LTD now owns 21,130 shares of the company’s stock valued at $1,007,000 after acquiring an additional 4,426 shares in the last quarter. Finally, EverSource Wealth Advisors LLC raised its holdings in shares of Janus Henderson Group by 6.4% in the 4th quarter. EverSource Wealth Advisors LLC now owns 10,033 shares of the company’s stock valued at $477,000 after acquiring an additional 603 shares in the last quarter. Hedge funds and other institutional investors own 87.94% of the company’s stock.

Janus Henderson Group Stock Performance

Shares of NYSE JHG opened at $51.77 on Friday. The stock has a market cap of $7.98 billion, a price-to-earnings ratio of 10.19, a P/E/G ratio of 5.76 and a beta of 1.35. The company has a current ratio of 3.89, a quick ratio of 2.51 and a debt-to-equity ratio of 0.07. Janus Henderson Group plc has a 1-year low of $35.76 and a 1-year high of $53.76. The stock’s 50-day moving average is $51.62 and its 200 day moving average is $49.11.

Janus Henderson Group (NYSE:JHG) last announced its quarterly earnings data on Friday, May 8th. The company reported $0.90 earnings per share for the quarter, missing analysts’ consensus estimates of $0.98 by ($0.08). The firm 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 business’s quarterly revenue was up 11.0% on a year-over-year basis. During the same period in the prior year, the business posted $0.79 earnings per share. On average, sell-side analysts anticipate that Janus Henderson Group plc will post 4.39 EPS for the current fiscal year.

Insider Buying and Selling at Janus Henderson Group

In related news, insider Megan Podzorov sold 1,650 shares of the firm’s 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 transaction, the insider directly owned 12,204 shares of the company’s stock, valued at approximately $625,332.96. This trade represents a 11.91% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this link. Corporate insiders own 21.00% of the company’s stock.

Analyst Ratings Changes

JHG has been the topic of several recent analyst reports. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Janus Henderson Group in a report on Friday, March 27th. Zacks Research cut Janus Henderson Group from a “strong-buy” rating to a “hold” rating in a report on Monday, April 6th. One analyst has 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 MarketBeat, the company presently has a consensus rating of “Hold” and an average target price of $48.29.

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.