Cibc World Market Inc. Buys 32,964 Shares of Janus Henderson Group plc $JHG

Cibc World Market Inc. increased its stake in shares of Janus Henderson Group plc (NYSE:JHG) by 391.1% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 41,393 shares of the company’s stock after buying an additional 32,964 shares during the quarter. Cibc World Market Inc.’s holdings in Janus Henderson Group were worth $1,969,000 at the end of the most recent quarter.

Several other institutional investors have also bought and sold shares of the stock. Millennium Management LLC grew its holdings in Janus Henderson Group by 20.3% during the third quarter. Millennium Management LLC now owns 6,851,082 shares of the company’s stock worth $304,942,000 after buying an additional 1,154,481 shares in the last quarter. AQR Capital Management LLC boosted its position in Janus Henderson Group by 29.7% in the third quarter. AQR Capital Management LLC now owns 4,800,028 shares of the company’s stock worth $213,649,000 after purchasing an additional 1,099,858 shares during the last quarter. State Street Corp boosted its position in Janus Henderson Group by 0.6% in the second quarter. State Street Corp now owns 4,578,071 shares of the company’s stock worth $177,812,000 after purchasing an additional 28,114 shares during the last quarter. Norges Bank purchased a new position in Janus Henderson Group in the fourth quarter worth $117,881,000. Finally, Geode Capital Management LLC boosted its position in Janus Henderson Group by 4.4% in the fourth quarter. Geode Capital Management LLC now owns 2,372,074 shares of the company’s stock worth $112,861,000 after purchasing an additional 100,216 shares during the last quarter. Institutional investors own 87.94% of the company’s stock.

Janus Henderson Group Stock Up 0.1%

JHG stock opened at $51.85 on Wednesday. The stock’s fifty day simple moving average is $51.64 and its two-hundred day simple moving average is $49.29. 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 has a market cap of $7.99 billion, a P/E ratio of 10.21, a P/E/G ratio of 5.76 and a beta of 1.35.

Janus Henderson Group (NYSE:JHG) last posted its quarterly earnings data on Friday, May 8th. The company reported $0.90 earnings per share 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 during the quarter, compared to analysts’ expectations of $560.37 million. During the same period in the prior year, the firm posted $0.79 EPS. The firm’s revenue for the quarter was up 11.0% on a year-over-year basis. Analysts expect that Janus Henderson Group plc will post 4.39 EPS for the current year.

Wall Street Analyst Weigh In

Several research analysts have weighed in on JHG shares. Zacks Research cut Janus Henderson Group from a “strong-buy” rating to a “hold” rating in a research report on Monday, April 6th. Weiss Ratings reissued a “buy (b)” rating on shares of Janus Henderson Group in a research report on Friday, March 27th. One analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating and six have assigned a Hold rating to the stock. According to data from MarketBeat, Janus Henderson Group presently has a consensus rating of “Hold” and a consensus 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.