Louisiana State Employees Retirement System Invests $1.83 Million in Janus Henderson Group plc $JHG

Louisiana State Employees Retirement System acquired a new position in Janus Henderson Group plc (NYSE:JHG) during the 1st quarter, according to its most recent filing with the SEC. The fund acquired 35,700 shares of the company’s stock, valued at approximately $1,834,000.

A number of other large investors have also recently added to or reduced their stakes in the business. V Square Quantitative Management LLC acquired a new position in Janus Henderson Group during the fourth quarter worth about $25,000. Empowered Funds LLC acquired a new stake in shares of Janus Henderson Group in the fourth quarter valued at approximately $33,000. Larson Financial Group LLC increased its stake in shares of Janus Henderson Group by 108.0% during the 4th quarter. Larson Financial Group LLC now owns 782 shares of the company’s stock worth $37,000 after purchasing an additional 406 shares in the last quarter. Hantz Financial Services Inc. increased its stake in shares of 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 purchasing an additional 444 shares in the last quarter. Finally, Rockefeller Capital Management L.P. raised its position in shares of 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 purchasing an additional 215 shares during the last quarter. 87.94% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of equities research analysts recently issued reports on the company. Zacks Research lowered Janus Henderson Group from a “strong-buy” rating to a “hold” rating in a research note 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 issued a Hold rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus price target of $48.29.

Janus Henderson Group Stock Down 0.0%

Shares of JHG opened at $51.97 on Wednesday. The firm has a market cap of $8.01 billion, a PE ratio of 10.23, a price-to-earnings-growth ratio of 5.78 and a beta of 1.35. The company’s fifty day moving average is $51.75 and its two-hundred day moving average is $50.15. Janus Henderson Group plc has a fifty-two week low of $38.67 and a fifty-two week high of $53.76. The company has a quick ratio of 2.51, a current ratio of 3.89 and a debt-to-equity ratio of 0.07.

Janus Henderson Group (NYSE:JHG) last released its quarterly earnings data on Friday, May 8th. The company reported $0.90 EPS for the quarter, missing analysts’ consensus estimates of $0.98 by ($0.08). The firm had revenue of $541.60 million for the quarter, compared to analyst estimates of $560.37 million. Janus Henderson Group had a return on equity of 14.59% and a net margin of 24.33%.The company’s quarterly 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. Analysts forecast that Janus Henderson Group plc will post 4.39 earnings per share for the current year.

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.