Integrated Quantitative Investments LLC bought a new stake in Janus Henderson Group plc (NYSE:JHG – Free Report) in the third quarter, according to its most recent filing with the Securities & Exchange Commission. The firm bought 30,793 shares of the company’s stock, valued at approximately $1,371,000.
Other large investors also recently bought and sold shares of the company. Cibc World Market Inc. boosted its stake in shares of Janus Henderson Group by 2.9% in the 3rd quarter. Cibc World Market Inc. now owns 8,429 shares of the company’s stock valued at $375,000 after buying an additional 234 shares during the period. Addison Advisors LLC lifted its stake in Janus Henderson Group by 42.3% in the third quarter. Addison Advisors LLC now owns 818 shares of the company’s stock worth $36,000 after acquiring an additional 243 shares during the last quarter. PNC Financial Services Group Inc. grew its holdings in Janus Henderson Group by 5.9% during the 2nd quarter. PNC Financial Services Group Inc. now owns 4,931 shares of the company’s stock worth $192,000 after acquiring an additional 274 shares in the last quarter. Integrated Advisors Network LLC increased its position in shares of Janus Henderson Group by 4.7% in the 3rd quarter. Integrated Advisors Network LLC now owns 6,918 shares of the company’s stock valued at $308,000 after purchasing an additional 308 shares during the last quarter. Finally, Bessemer Group Inc. raised its holdings in shares of Janus Henderson Group by 134.6% in the 3rd quarter. Bessemer Group Inc. now owns 596 shares of the company’s stock valued at $26,000 after purchasing an additional 342 shares in the last quarter. Hedge funds and other institutional investors own 87.94% of the company’s stock.
Insiders Place Their Bets
In other news, CTO William B. Cassidy sold 16,947 shares of the business’s stock in a transaction dated Friday, February 27th. The shares were sold at an average price of $52.27, for a total transaction of $885,819.69. Following the transaction, the chief technology officer directly owned 118,939 shares in the company, valued at $6,216,941.53. The trade was a 12.47% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, CEO Ali Dibadj sold 127,632 shares of the stock in a transaction that occurred on Tuesday, February 17th. The stock was sold at an average price of $49.12, for a total value of $6,269,283.84. Following the transaction, the chief executive officer directly owned 449,078 shares of the company’s stock, valued at approximately $22,058,711.36. This trade represents a 22.13% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Company insiders own 19.60% of the company’s stock.
Janus Henderson Group Price Performance
Janus Henderson Group (NYSE:JHG – Get Free Report) last posted its quarterly earnings data on Friday, January 30th. The company reported $2.01 EPS for the quarter, beating the consensus estimate of $1.19 by $0.82. Janus Henderson Group had a return on equity of 14.70% and a net margin of 25.83%.The firm had revenue of $996.60 million during the quarter, compared to the consensus estimate of $763.09 million. During the same period in the prior year, the business earned $1.07 EPS. The firm’s revenue was up 61.3% compared to the same quarter last year. On average, equities research analysts anticipate that Janus Henderson Group plc will post 3.75 earnings per share for the current year.
Analyst Ratings Changes
Several equities analysts recently commented on the company. Zacks Research raised Janus Henderson Group from a “hold” rating to a “strong-buy” rating in a report on Tuesday, February 10th. TD Cowen cut Janus Henderson Group from a “buy” rating to a “hold” rating and set a $49.00 price objective for the company. in a research report on Tuesday, December 23rd. Morgan Stanley raised their target price on Janus Henderson Group from $46.00 to $48.00 and gave the stock an “equal weight” rating in a research report on Wednesday, December 17th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Janus Henderson Group in a report on Monday, December 29th. Finally, Evercore reduced their price objective on shares of Janus Henderson Group from $50.00 to $49.00 and set an “in-line” rating for the company in a research report on Monday, December 22nd. Two analysts have rated the stock with a Strong Buy rating, two have issued a Buy rating and six have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $47.38.
View Our Latest Stock Analysis on JHG
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.
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