Janus Henderson Group plc $JHG Shares Sold by Capital Research Global Investors

Capital Research Global Investors cut its position in Janus Henderson Group plc (NYSE:JHG) by 26.0% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 2,771,437 shares of the company’s stock after selling 973,170 shares during the period. Capital Research Global Investors owned 1.79% of Janus Henderson Group worth $131,837,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also recently made changes to their positions in JHG. Royal Bank of Canada boosted its stake in Janus Henderson Group by 38.3% during the 1st quarter. Royal Bank of Canada now owns 115,135 shares of the company’s stock worth $4,163,000 after purchasing an additional 31,889 shares during the last quarter. Amundi raised its position in shares of Janus Henderson Group by 13.8% in the first quarter. Amundi now owns 4,177 shares of the company’s stock valued at $150,000 after buying an additional 506 shares during the last quarter. Jones Financial Companies Lllp lifted its stake in shares of Janus Henderson Group by 1,538.8% in the first quarter. Jones Financial Companies Lllp now owns 8,833 shares of the company’s stock worth $319,000 after buying an additional 8,294 shares in the last quarter. Goldman Sachs Group Inc. boosted its position in Janus Henderson Group by 16.7% during the first quarter. Goldman Sachs Group Inc. now owns 1,299,921 shares of the company’s stock worth $46,992,000 after acquiring an additional 186,218 shares during the last quarter. Finally, Jane Street Group LLC boosted its position in Janus Henderson Group by 1,924.0% during the first quarter. Jane Street Group LLC now owns 279,352 shares of the company’s stock worth $10,099,000 after acquiring an additional 265,550 shares during the last quarter. 87.94% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of research firms have commented on JHG. Zacks Research downgraded shares of Janus Henderson Group from a “strong-buy” rating to a “hold” rating in a report on Monday, April 6th. Weiss Ratings restated a “buy (b)” rating on shares of Janus Henderson Group in a report on Friday, March 27th. One research analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating and six have issued a Hold rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Hold” and an average target price of $48.29.

Janus Henderson Group Trading Up 0.1%

Shares of JHG opened at $51.81 on Tuesday. 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 12-month low of $35.76 and a 12-month high of $53.76. The firm has a 50-day moving average price of $51.63 and a 200 day moving average price of $49.23. The firm has a market capitalization of $7.98 billion, a P/E ratio of 10.20, a P/E/G ratio of 5.76 and a beta of 1.36.

Janus Henderson Group (NYSE:JHG) last issued its earnings results on Friday, May 8th. The company reported $0.90 EPS 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 return on equity of 14.59% and a net margin of 24.33%.Janus Henderson Group’s revenue for the quarter was up 11.0% on a year-over-year basis. During the same period last year, the firm earned $0.79 earnings per share. Sell-side analysts forecast that Janus Henderson Group plc will post 4.39 EPS for the current year.

About Janus Henderson Group

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.