Hsbc Holdings PLC Has $27.81 Million Stock Position in Janus Henderson Group plc $JHG

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

A number of other institutional investors have also recently bought and sold shares of the business. Millennium Management LLC boosted its stake in shares of Janus Henderson Group by 20.3% during the 3rd quarter. Millennium Management LLC now owns 6,851,082 shares of the company’s stock worth $304,942,000 after acquiring an additional 1,154,481 shares during the period. JPMorgan Chase & Co. raised its stake in Janus Henderson Group by 28.7% in the 3rd quarter. JPMorgan Chase & Co. now owns 754,201 shares of the company’s stock valued at $33,569,000 after acquiring an additional 168,241 shares during the period. Clark Capital Management Group Inc. raised its stake in Janus Henderson Group by 101.2% in the 3rd quarter. Clark Capital Management Group Inc. now owns 1,829,676 shares of the company’s stock valued at $81,439,000 after acquiring an additional 920,477 shares during the period. Prana Capital Management LP raised its stake in Janus Henderson Group by 158.2% in the 3rd quarter. Prana Capital Management LP now owns 116,319 shares of the company’s stock valued at $5,177,000 after acquiring an additional 71,271 shares during the period. Finally, Azora Capital LP acquired a new stake in Janus Henderson Group during the 3rd quarter valued at $13,657,000. Institutional investors and hedge funds own 87.94% of the company’s stock.

Janus Henderson Group Stock Performance

Shares of NYSE:JHG opened at $51.95 on Tuesday. Janus Henderson Group plc has a 12-month low of $38.67 and a 12-month high of $53.76. The business has a 50 day moving average of $51.79 and a 200-day moving average of $50.34. The company has a quick ratio of 2.51, a current ratio of 3.89 and a debt-to-equity ratio of 0.07. The stock has a market cap of $8.00 billion, a PE ratio of 10.23, a P/E/G ratio of 5.78 and a beta of 1.35.

Janus Henderson Group (NYSE:JHG) last released its quarterly earnings results on Friday, May 8th. The company reported $0.90 earnings per share (EPS) for the quarter, missing the consensus estimate 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 firm had revenue of $541.60 million during the quarter, compared to the consensus estimate of $560.37 million. During the same quarter last year, the firm earned $0.79 earnings per share. The business’s revenue for the quarter was up 11.0% compared to the same quarter last year. As a group, equities research analysts forecast that Janus Henderson Group plc will post 4.39 earnings per share for the current year.

Analysts Set New Price Targets

A number of equities analysts have commented on the stock. Zacks Research cut shares of 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 Wednesday, June 24th. One investment 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. Based on data from MarketBeat, Janus Henderson Group currently has an average 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.