California Public Employees Retirement System Boosts Holdings in Janus Henderson Group plc $JHG

California Public Employees Retirement System lifted its position in shares of Janus Henderson Group plc (NYSE:JHG) by 15.1% during the 1st quarter, HoldingsChannel reports. The firm owned 293,377 shares of the company’s stock after acquiring an additional 38,426 shares during the period. California Public Employees Retirement System’s holdings in Janus Henderson Group were worth $15,071,000 as of its most recent SEC filing.

Other hedge funds have also bought and sold shares of the company. V Square Quantitative Management LLC bought a new stake in shares of Janus Henderson Group in the 4th quarter worth approximately $25,000. Empowered Funds LLC purchased a new stake in shares of Janus Henderson Group during the fourth quarter valued at $33,000. Larson Financial Group LLC grew its stake in shares of Janus Henderson Group by 108.0% in the fourth quarter. Larson Financial Group LLC now owns 782 shares of the company’s stock worth $37,000 after acquiring an additional 406 shares during the period. Hantz Financial Services Inc. raised its stake in Janus Henderson Group by 114.7% during the 4th quarter. Hantz Financial Services Inc. now owns 831 shares of the company’s stock valued at $40,000 after buying an additional 444 shares during the last quarter. Finally, Rockefeller Capital Management L.P. increased its position in Janus Henderson Group by 29.9% during the fourth quarter. Rockefeller Capital Management L.P. now owns 935 shares of the company’s stock valued at $44,000 after acquiring an additional 215 shares during the last quarter. Institutional investors own 87.94% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of analysts have commented on JHG shares. Zacks Research cut shares of 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 research note on Wednesday, June 24th. One investment analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating and five have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and an average target price of $49.40.

Janus Henderson Group Stock Performance

Shares of NYSE JHG opened at $51.95 on Friday. The business’s 50 day moving average is $51.87 and its two-hundred day moving average is $50.78. Janus Henderson Group plc has a 1-year low of $38.67 and a 1-year high of $53.76. The stock has a market capitalization of $8.00 billion, a P/E ratio of 10.23, a PEG 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 issued its quarterly earnings results on Friday, May 8th. The company reported $0.90 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.98 by ($0.08). The company had revenue of $541.60 million during the quarter, compared to the consensus estimate of $560.37 million. Janus Henderson Group had a return on equity of 14.59% and a net margin of 24.33%.The firm’s quarterly revenue was up 11.0% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.79 earnings per share. As a group, research analysts expect that Janus Henderson Group plc will post 4.39 EPS for the current 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.