Hsbc Holdings PLC Raises Stock Position in Janus Henderson Group plc $JHG

Hsbc Holdings PLC lifted its holdings in shares of Janus Henderson Group plc (NYSE:JHG) by 1,064.0% during the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 584,499 shares of the company’s stock after purchasing an additional 534,285 shares during the quarter. Hsbc Holdings PLC owned about 0.38% of Janus Henderson Group worth $27,810,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also made changes to their positions in the business. Inscription Capital LLC increased its stake in Janus Henderson Group by 2.0% during the 4th quarter. Inscription Capital LLC now owns 13,938 shares of the company’s stock worth $663,000 after buying an additional 279 shares during the period. Integrated Advisors Network LLC boosted its position in Janus Henderson Group by 4.7% in the 3rd quarter. Integrated Advisors Network LLC now owns 6,918 shares of the company’s stock valued at $308,000 after buying an additional 308 shares during the period. UMB Bank n.a. boosted its position in Janus Henderson Group by 14.7% in the 4th quarter. UMB Bank n.a. now owns 2,469 shares of the company’s stock valued at $117,000 after buying an additional 316 shares during the period. Lido Advisors LLC grew its stake in shares of Janus Henderson Group by 5.9% in the fourth quarter. Lido Advisors LLC now owns 5,829 shares of the company’s stock worth $261,000 after acquiring an additional 324 shares in the last quarter. Finally, Quadrant Capital Group LLC grew its stake in shares of Janus Henderson Group by 4.2% in the fourth quarter. Quadrant Capital Group LLC now owns 8,394 shares of the company’s stock worth $399,000 after acquiring an additional 341 shares in the last quarter. Hedge funds and other institutional investors own 87.94% of the company’s stock.

Analysts Set New Price Targets

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

Janus Henderson Group Trading Up 0.0%

NYSE JHG opened at $51.91 on Thursday. The firm’s fifty day moving average price is $51.72 and its 200 day moving average price is $49.95. Janus Henderson Group plc has a 12 month low of $37.18 and a 12 month high of $53.76. The company has a debt-to-equity ratio of 0.07, a current ratio of 3.89 and a quick ratio of 2.51. The company has a market capitalization of $8.00 billion, a price-to-earnings ratio of 10.22, a price-to-earnings-growth ratio of 5.77 and a beta of 1.35.

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 analysts’ consensus estimates of $0.98 by ($0.08). Janus Henderson Group had a net margin of 24.33% and a return on equity of 14.59%. The company had revenue of $541.60 million during the quarter, compared to analysts’ expectations of $560.37 million. During the same period last year, the firm earned $0.79 earnings per share. Janus Henderson Group’s revenue was up 11.0% on a year-over-year basis. On average, sell-side analysts expect that Janus Henderson Group plc will post 4.39 earnings per share for the current fiscal year.

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.