Credit Industriel ET Commercial Takes $5.97 Million Position in Janus Henderson Group plc $JHG

Credit Industriel ET Commercial acquired a new stake in shares of Janus Henderson Group plc (NYSE:JHG) during the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The firm acquired 116,300 shares of the company’s stock, valued at approximately $5,974,000. Janus Henderson Group makes up 0.5% of Credit Industriel ET Commercial’s portfolio, making the stock its 29th biggest position. Credit Industriel ET Commercial owned approximately 0.08% of Janus Henderson Group at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also bought and sold shares of JHG. 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 bought a new position in Janus Henderson Group in the 4th quarter valued at approximately $33,000. Larson Financial Group LLC raised 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 buying an additional 406 shares during the last quarter. Hantz Financial Services Inc. boosted its position in Janus Henderson Group by 114.7% during the 4th quarter. Hantz Financial Services Inc. now owns 831 shares of the company’s stock worth $40,000 after buying an additional 444 shares during the period. Finally, Rockefeller Capital Management L.P. boosted its position in Janus Henderson Group by 29.9% during the 4th quarter. Rockefeller Capital Management L.P. now owns 935 shares of the company’s stock worth $44,000 after buying an additional 215 shares during the period. Institutional investors and hedge funds own 87.94% of the company’s stock.

Janus Henderson Group Stock Performance

NYSE JHG opened at $51.95 on Tuesday. The business has a 50 day simple moving average of $51.79 and a 200 day simple moving average of $50.34. Janus Henderson Group plc has a one year low of $38.67 and a one year high of $53.76. The stock has a market capitalization of $8.00 billion, a P/E ratio of 10.23, a P/E/G ratio of 5.78 and a beta of 1.35. The company has a debt-to-equity ratio of 0.07, a current ratio of 3.89 and a quick ratio of 2.51.

Janus Henderson Group (NYSE:JHG) last announced its quarterly earnings data on Friday, May 8th. The company reported $0.90 EPS 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 company had revenue of $541.60 million for the quarter, compared to analyst estimates of $560.37 million. During the same period last year, the business earned $0.79 EPS. The business’s quarterly revenue was up 11.0% compared to the same quarter last year. Research analysts expect that Janus Henderson Group plc will post 4.39 earnings per share for the current year.

Analyst Ratings Changes

Several brokerages have issued reports on JHG. Weiss Ratings restated a “buy (b)” rating on shares of Janus Henderson Group in a research report on Wednesday, June 24th. Zacks Research downgraded Janus Henderson Group from a “strong-buy” rating to a “hold” rating in a report on Monday, April 6th. One equities research analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating and six have given a Hold rating to the stock. According to MarketBeat, the company has an average rating of “Hold” and an average target price of $48.29.

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.