Alberta Investment Management Corp Makes New Investment in Janus Henderson Group plc $JHG

Alberta Investment Management Corp bought a new position in shares of Janus Henderson Group plc (NYSE:JHG) in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor bought 300,000 shares of the company’s stock, valued at approximately $14,271,000. Alberta Investment Management Corp owned 0.19% of Janus Henderson Group as of its most recent SEC filing.

A number of other large investors have also recently added to or reduced their stakes in the stock. Millennium Management LLC boosted its position in shares of Janus Henderson Group by 20.3% in the third quarter. Millennium Management LLC now owns 6,851,082 shares of the company’s stock valued at $304,942,000 after acquiring an additional 1,154,481 shares during the period. Charles Schwab Investment Management Inc. boosted its position in shares of Janus Henderson Group by 2.7% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 5,343,899 shares of the company’s stock valued at $254,209,000 after acquiring an additional 139,229 shares during the period. AQR Capital Management LLC boosted its position in shares of Janus Henderson Group by 29.7% in the third quarter. AQR Capital Management LLC now owns 4,800,028 shares of the company’s stock valued at $213,649,000 after acquiring an additional 1,099,858 shares during the period. State Street Corp boosted its position in shares of Janus Henderson Group by 0.6% in the second quarter. State Street Corp now owns 4,578,071 shares of the company’s stock valued at $177,812,000 after acquiring an additional 28,114 shares during the period. Finally, Norges Bank bought a new stake in shares of Janus Henderson Group in the fourth quarter valued at approximately $117,881,000. Institutional investors own 87.94% of the company’s stock.

Janus Henderson Group Stock Down 0.0%

Shares of JHG stock opened at $51.83 on Tuesday. The stock has a market cap of $7.99 billion, a P/E ratio of 10.20, a price-to-earnings-growth ratio of 5.77 and a beta of 1.36. Janus Henderson Group plc has a one year low of $35.76 and a one year high of $53.76. The stock has a fifty day moving average price of $51.67 and a 200 day moving average price of $49.55. 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 earnings results 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 firm had revenue of $541.60 million during the quarter, compared to the consensus estimate of $560.37 million. During the same period last year, the business earned $0.79 earnings per share. The firm’s revenue for the quarter was up 11.0% compared to the same quarter last year. Analysts predict that Janus Henderson Group plc will post 4.39 earnings per share for the current year.

Wall Street Analyst Weigh In

Several equities research analysts have recently weighed in on the company. Weiss Ratings reissued a “buy (b)” rating on shares of Janus Henderson Group in a research report on Friday, March 27th. Zacks Research cut Janus Henderson Group from a “strong-buy” rating to a “hold” rating in a research report on Monday, April 6th. One investment analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating and six have given a Hold rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus target price of $48.29.

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.