SG Americas Securities LLC reduced its stake in Janus Henderson Group plc (NYSE:JHG – Free Report) by 42.0% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 168,712 shares of the company’s stock after selling 122,044 shares during the period. SG Americas Securities LLC owned approximately 0.11% of Janus Henderson Group worth $8,667,000 at the end of the most recent quarter.
Other large investors also recently bought and sold shares of the company. V Square Quantitative Management LLC acquired a new stake in shares of Janus Henderson Group during the fourth quarter valued at about $25,000. Empowered Funds LLC purchased a new position in shares of Janus Henderson Group during the 4th quarter worth approximately $33,000. Larson Financial Group LLC increased its holdings in Janus Henderson Group by 108.0% in the 4th quarter. Larson Financial Group LLC now owns 782 shares of the company’s stock valued at $37,000 after purchasing an additional 406 shares during the last quarter. Hantz Financial Services Inc. increased its holdings in 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 purchasing an additional 444 shares during the last quarter. Finally, Rockefeller Capital Management L.P. increased its holdings in Janus Henderson Group by 29.9% in the 4th quarter. Rockefeller Capital Management L.P. now owns 935 shares of the company’s stock valued at $44,000 after purchasing an additional 215 shares during the last quarter. Institutional investors and hedge funds own 87.94% of the company’s stock.
Wall Street Analysts Forecast Growth
JHG has been the topic of a number of research reports. Weiss Ratings restated a “buy (b)” rating on shares of Janus Henderson Group in a research note on Wednesday. Zacks Research cut Janus Henderson Group from a “strong-buy” rating to a “hold” rating in a research note on Monday, April 6th. One research 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. According to MarketBeat, the company presently has an average rating of “Hold” and a consensus target price of $48.29.
Janus Henderson Group Trading Up 0.1%
NYSE JHG opened at $51.97 on Friday. 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 firm has a market cap of $8.01 billion, a price-to-earnings ratio of 10.23, a PEG ratio of 5.78 and a beta of 1.35. The firm has a 50 day simple moving average of $51.74 and a 200-day simple moving average of $50.02. Janus Henderson Group plc has a one year low of $38.05 and a one year high of $53.76.
Janus Henderson Group (NYSE:JHG – Get Free Report) last announced its 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). 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 for the quarter, compared to analysts’ expectations of $560.37 million. During the same period in the previous year, the company earned $0.79 earnings per share. Janus Henderson Group’s quarterly revenue was up 11.0% on a year-over-year basis. Equities research analysts anticipate that Janus Henderson Group plc will post 4.39 EPS for the current fiscal 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.
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