Entropy Technologies LP Buys New Holdings in Janus Henderson Group plc $JHG

Entropy Technologies LP purchased a new position in Janus Henderson Group plc (NYSE:JHG) during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 41,781 shares of the company’s stock, valued at approximately $1,988,000.

Several other institutional investors and hedge funds have also added to or reduced their stakes in JHG. Royal Bank of Canada boosted its holdings in Janus Henderson Group by 38.3% in the first quarter. Royal Bank of Canada now owns 115,135 shares of the company’s stock worth $4,163,000 after acquiring an additional 31,889 shares in the last quarter. Amundi boosted its holdings in Janus Henderson Group by 13.8% in the first quarter. Amundi now owns 4,177 shares of the company’s stock worth $150,000 after acquiring an additional 506 shares in the last quarter. Jones Financial Companies Lllp boosted its holdings in 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 acquiring an additional 8,294 shares in the last quarter. Goldman Sachs Group Inc. boosted its holdings in Janus Henderson Group by 16.7% in 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 in the last quarter. Finally, Jane Street Group LLC lifted its holdings in shares of Janus Henderson Group by 1,924.0% in the first quarter. Jane Street Group LLC now owns 279,352 shares of the company’s stock valued at $10,099,000 after purchasing an additional 265,550 shares in the last quarter. Institutional investors own 87.94% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research analysts have recently weighed in on the company. Zacks Research lowered 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 analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating and six have given a Hold rating to the company’s stock. According to data from MarketBeat, Janus Henderson Group has an average rating of “Hold” and an average target price of $48.29.

Janus Henderson Group Price Performance

Shares of NYSE JHG opened at $51.83 on Tuesday. The stock has a market cap of $7.99 billion, a PE ratio of 10.20, a price-to-earnings-growth ratio of 5.77 and a beta of 1.36. Janus Henderson Group plc has a fifty-two week low of $35.76 and a fifty-two week high of $53.76. 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 stock has a fifty day moving average of $51.67 and a 200-day moving average of $49.55.

Janus Henderson Group (NYSE:JHG) last announced its quarterly earnings results 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). The company had revenue of $541.60 million during 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%. Janus Henderson Group’s revenue for the quarter was up 11.0% compared to the same quarter last year. During the same quarter last year, the firm posted $0.79 earnings per share. Equities research analysts anticipate that Janus Henderson Group plc will post 4.39 earnings per share for the current year.

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.