AlTi Global Inc. Takes Position in Janus Henderson Group plc $JHG

AlTi Global Inc. acquired a new stake in shares of Janus Henderson Group plc (NYSE:JHG) during the first quarter, Holdings Channel.com reports. The fund acquired 25,001 shares of the company’s stock, valued at approximately $1,284,000.

Other institutional investors and hedge funds have also made changes to their positions in the company. V Square Quantitative Management LLC acquired a new stake in Janus Henderson Group during the 4th quarter valued at $25,000. Empowered Funds LLC purchased a new position in Janus Henderson Group in the 4th quarter valued at about $33,000. Larson Financial Group LLC boosted its position in Janus Henderson Group by 108.0% in the 4th quarter. Larson Financial Group LLC now owns 782 shares of the company’s stock valued at $37,000 after buying an additional 406 shares during the last quarter. Hantz Financial Services Inc. grew its stake in shares of Janus Henderson Group by 114.7% during the fourth quarter. Hantz Financial Services Inc. now owns 831 shares of the company’s stock valued at $40,000 after acquiring an additional 444 shares in the last quarter. Finally, Rockefeller Capital Management L.P. grew its stake in shares of 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 in the last quarter. 87.94% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

JHG has been the topic of several recent analyst reports. Zacks Research cut Janus Henderson Group from a “strong-buy” rating to a “hold” rating in a research note 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 given a Buy rating and five have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and an average price target of $49.40.

Janus Henderson Group Stock Performance

NYSE JHG opened at $51.95 on Tuesday. Janus Henderson Group plc has a 12 month low of $38.67 and a 12 month high of $53.76. 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 company has a market capitalization of $8.00 billion, a price-to-earnings 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 price is $51.85 and its two-hundred day moving average price is $50.68.

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 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 company had revenue of $541.60 million during the quarter, compared to analyst estimates of $560.37 million. During the same quarter last year, the company posted $0.79 EPS. The business’s revenue for the quarter was up 11.0% compared to the same quarter last year. As a group, research analysts predict that Janus Henderson Group plc will post 4.39 earnings per share for the current fiscal 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.