Chicago Capital Management LLC Acquires 38,000 Shares of Janus Henderson Group plc $JHG

Chicago Capital Management LLC lifted its holdings in shares of Janus Henderson Group plc (NYSE:JHG) by 21.7% during the first quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 213,000 shares of the company’s stock after purchasing an additional 38,000 shares during the period. Janus Henderson Group accounts for 0.0% of Chicago Capital Management LLC’s holdings, making the stock its 19th biggest holding. Chicago Capital Management LLC owned about 0.14% of Janus Henderson Group worth $10,942,000 as of its most recent SEC filing.

Other institutional investors also recently modified their holdings of the company. Optas LLC increased its holdings in Janus Henderson Group by 29.8% in the first quarter. Optas LLC now owns 6,118 shares of the company’s stock valued at $314,000 after purchasing an additional 1,405 shares during the period. Y Intercept Hong Kong Ltd lifted its holdings in Janus Henderson Group by 2.1% during the 1st quarter. Y Intercept Hong Kong Ltd now owns 66,356 shares of the company’s stock worth $3,409,000 after buying an additional 1,375 shares during the period. Able Wealth Management LLC acquired a new position in Janus Henderson Group during the 1st quarter worth about $242,000. Root Financial Partners LLC grew its position in shares of Janus Henderson Group by 68.1% in the 1st quarter. Root Financial Partners LLC now owns 1,007 shares of the company’s stock valued at $52,000 after buying an additional 408 shares during the last quarter. Finally, Pictet Asset Management Holding SA grew its position in shares of Janus Henderson Group by 5.9% in the 1st quarter. Pictet Asset Management Holding SA now owns 19,963 shares of the company’s stock valued at $1,025,000 after buying an additional 1,107 shares during the last quarter. Institutional investors own 87.94% of the company’s stock.

Janus Henderson Group Stock Performance

JHG opened at $51.95 on Friday. Janus Henderson Group plc has a 1-year low of $38.67 and a 1-year high of $53.76. The company has a current ratio of 3.89, a quick ratio of 2.51 and a debt-to-equity ratio of 0.07. The company has a market cap of $8.00 billion, a P/E ratio of 10.23, a price-to-earnings-growth ratio of 5.78 and a beta of 1.35. The company has a fifty day moving average price of $51.78 and a two-hundred day moving average price of $50.25.

Janus Henderson Group (NYSE:JHG) last issued its earnings results on Friday, May 8th. The company reported $0.90 EPS for the quarter, missing analysts’ consensus estimates 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 period in the previous year, the firm earned $0.79 earnings per share. The business’s quarterly revenue was up 11.0% on a year-over-year basis. Analysts predict that Janus Henderson Group plc will post 4.39 EPS for the current fiscal year.

Analysts Set New Price Targets

Several equities research analysts have recently weighed in on JHG shares. Weiss Ratings reissued a “buy (b)” rating on shares of Janus Henderson Group in a research note on Wednesday, June 24th. Zacks Research lowered Janus Henderson Group from a “strong-buy” rating to a “hold” rating in a research note on Monday, April 6th. One analyst has rated the stock with a Strong Buy rating, two have given a Buy rating and six have assigned a Hold rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus target price of $48.29.

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.