Ruffer LLP Makes New Investment in Janus Henderson Group plc $JHG

Ruffer LLP bought a new stake in shares of Janus Henderson Group plc (NYSE:JHG) in the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 98,157 shares of the company’s stock, valued at approximately $4,369,000.

A number of other hedge funds have also added to or reduced their stakes in JHG. Quent Capital LLC bought a new stake in shares of Janus Henderson Group during the 3rd quarter valued at about $36,000. Traub Capital Management LLC bought a new stake in Janus Henderson Group during the 2nd quarter valued at approximately $37,000. True Wealth Design LLC raised its position in shares of Janus Henderson Group by 1,019.4% in the 3rd quarter. True Wealth Design LLC now owns 1,556 shares of the company’s stock worth $69,000 after acquiring an additional 1,417 shares in the last quarter. Richardson Financial Services Inc. boosted its position in shares of Janus Henderson Group by 237.8% during the third quarter. Richardson Financial Services Inc. now owns 1,598 shares of the company’s stock valued at $71,000 after purchasing an additional 1,125 shares in the last quarter. Finally, Fifth Third Bancorp raised its holdings in Janus Henderson Group by 40.2% in the second quarter. Fifth Third Bancorp now owns 2,167 shares of the company’s stock worth $84,000 after purchasing an additional 621 shares in the last quarter. 87.94% of the stock is owned by hedge funds and other institutional investors.

Janus Henderson Group Price Performance

Shares of NYSE:JHG opened at $48.07 on Thursday. The company has a market capitalization of $7.43 billion, a P/E ratio of 14.10, a P/E/G ratio of 0.79 and a beta of 1.54. Janus Henderson Group plc has a 1-year low of $28.26 and a 1-year high of $49.42. The firm’s 50 day simple moving average is $46.28 and its two-hundred day simple moving average is $44.51. The company has a debt-to-equity ratio of 0.08, a current ratio of 4.02 and a quick ratio of 2.15.

Janus Henderson Group (NYSE:JHG) last posted its quarterly earnings results on Thursday, October 30th. The company reported $1.09 EPS for the quarter, beating analysts’ consensus estimates of $1.01 by $0.08. The business had revenue of $700.40 million for the quarter, compared to analysts’ expectations of $695.57 million. Janus Henderson Group had a return on equity of 12.35% and a net margin of 19.82%.The business’s quarterly revenue was up 12.1% on a year-over-year basis. During the same period last year, the firm earned $0.91 earnings per share. Research analysts expect that Janus Henderson Group plc will post 3.75 EPS for the current fiscal year.

Analysts Set New Price Targets

A number of brokerages recently issued reports on JHG. TD Cowen cut shares of Janus Henderson Group from a “buy” rating to a “hold” rating and set a $49.00 price target for the company. in a research report on Tuesday, December 23rd. Weiss Ratings reissued a “buy (b)” rating on shares of Janus Henderson Group in a research report on Monday, December 29th. Evercore ISI lowered their price target on Janus Henderson Group from $50.00 to $49.00 and set an “in-line” rating on the stock in a report on Monday, December 22nd. Zacks Research cut shares of Janus Henderson Group from a “strong-buy” rating to a “hold” rating in a research note on Monday, December 8th. Finally, Bank of America reissued a “neutral” rating and set a $49.00 price objective (down from $54.00) on shares of Janus Henderson Group in a report on Monday, January 5th. One investment analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating and seven have assigned a Hold rating to the company’s stock. According to MarketBeat, Janus Henderson Group currently has a consensus rating of “Hold” and a consensus price target of $47.67.

Janus Henderson Group Company 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.