Fideuram Asset Management Ireland dac acquired a new position in shares of Janus Henderson Group plc (NYSE:JHG – Free Report) in the 4th quarter, Holdings Channel.com reports. The firm acquired 106,252 shares of the company’s stock, valued at approximately $4,684,000.
Other hedge funds have also recently bought and sold shares of the company. V Square Quantitative Management LLC acquired a new stake in shares of Janus Henderson Group in the fourth quarter valued at approximately $25,000. Bessemer Group Inc. raised its position in shares of Janus Henderson Group by 134.6% in the third quarter. Bessemer Group Inc. now owns 596 shares of the company’s stock valued at $26,000 after buying an additional 342 shares in the last quarter. United Community Bank acquired a new stake in shares of Janus Henderson Group in the third quarter valued at approximately $30,000. Larson Financial Group LLC raised its position in shares of Janus Henderson Group by 108.0% in the fourth quarter. Larson Financial Group LLC now owns 782 shares of the company’s stock valued at $37,000 after buying an additional 406 shares in the last quarter. Finally, Addison Advisors LLC raised its position in shares of Janus Henderson Group by 42.3% in the third quarter. Addison Advisors LLC now owns 818 shares of the company’s stock valued at $36,000 after buying an additional 243 shares in the last quarter. 87.94% of the stock is currently owned by institutional investors and hedge funds.
Wall Street Analyst Weigh In
A number of equities research analysts have recently weighed in on JHG shares. Weiss Ratings reiterated a “buy (b)” rating on shares of Janus Henderson Group in a research report on Friday, March 27th. Zacks Research downgraded shares of Janus Henderson Group from a “strong-buy” rating to a “hold” rating in a research report on Monday, April 6th. One investment 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’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus price target of $48.29.
Janus Henderson Group Stock Performance
Shares of NYSE:JHG opened at $51.76 on Friday. The company’s 50 day simple moving average is $51.55 and its 200 day simple moving average is $48.81. The stock has a market capitalization of $7.97 billion, a price-to-earnings ratio of 10.19, a price-to-earnings-growth ratio of 5.76 and a beta of 1.37. The company has a debt-to-equity ratio of 0.07, a current ratio of 3.89 and a quick ratio of 2.51. Janus Henderson Group plc has a 1 year low of $35.56 and a 1 year high of $53.76.
Janus Henderson Group (NYSE:JHG – Get Free Report) last announced its quarterly earnings data 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). The firm had revenue of $541.60 million during the quarter, compared to the consensus estimate of $560.37 million. Janus Henderson Group had a net margin of 24.33% and a return on equity of 14.59%. The business’s revenue was up 11.0% compared to the same quarter last year. During the same period last year, the business earned $0.79 earnings per share. As a group, research analysts predict that Janus Henderson Group plc will post 4.39 EPS for the current fiscal year.
Insider Transactions at Janus Henderson Group
In related news, insider Megan Podzorov sold 1,650 shares of Janus Henderson Group stock in a transaction that occurred on Tuesday, March 10th. The shares were sold at an average price of $51.24, for a total value of $84,546.00. Following the transaction, the insider directly owned 12,204 shares of the company’s stock, valued at $625,332.96. This trade represents a 11.91% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. 21.00% of the stock is owned by company insiders.
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.
See Also
- Five stocks we like better than Janus Henderson Group
- 3 Stocks Rallying on Micron’s Price Boost: Substance or Hype?
- Snowflake and the Snowballing Impact of its AI Flywheel
- AI’s Biggest Bottleneck Could Make These 2 Stocks Soar
- These 3 Beaten-Down Stocks Just Saw $25 Million in Insider Buying
Want to see what other hedge funds are holding JHG? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Janus Henderson Group plc (NYSE:JHG – Free Report).
Receive News & Ratings for Janus Henderson Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Janus Henderson Group and related companies with MarketBeat.com's FREE daily email newsletter.
