Dimensional Fund Advisors LP Reduces Stock Position in Janus Henderson Group plc $JHG

Dimensional Fund Advisors LP decreased its holdings in Janus Henderson Group plc (NYSE:JHG) by 35.4% during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 4,268,155 shares of the company’s stock after selling 2,335,494 shares during the period. Dimensional Fund Advisors LP owned about 2.77% of Janus Henderson Group worth $219,261,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also made changes to their positions in JHG. V Square Quantitative Management LLC purchased a new stake in shares of Janus Henderson Group during the fourth quarter valued at $25,000. Empowered Funds LLC purchased a new position in Janus Henderson Group in the 4th quarter worth about $33,000. Larson Financial Group LLC increased its stake in Janus Henderson Group by 108.0% in the 4th quarter. Larson Financial Group LLC now owns 782 shares of the company’s stock worth $37,000 after buying an additional 406 shares during the period. Hantz Financial Services Inc. lifted its holdings 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 in the last quarter. Finally, Rockefeller Capital Management L.P. boosted its position 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 buying an additional 215 shares during the period. 87.94% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

JHG has been the topic of a number of research analyst reports. Zacks Research downgraded shares of Janus Henderson Group from a “strong-buy” rating to a “hold” rating in a research note on Monday, April 6th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Janus Henderson Group in a research note on Wednesday, June 24th. One research analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating and five have given a Hold rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Hold” and a consensus target price of $49.40.

Janus Henderson Group Stock Performance

JHG stock opened at $51.95 on Friday. 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 business has a 50-day moving average price of $51.87 and a 200 day moving average price of $50.78. The company 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. Janus Henderson Group plc has a 1-year low of $38.67 and a 1-year high of $53.76.

Janus Henderson Group (NYSE:JHG) last issued its 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). The business had revenue of $541.60 million for 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 revenue was up 11.0% on a year-over-year basis. During the same quarter in the previous year, the company earned $0.79 earnings per share. As a group, equities research analysts forecast that Janus Henderson Group plc will post 4.39 EPS for the current fiscal year.

Janus Henderson Group 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.