Carlson Capital L.P. Invests $1.18 Million in Janus Henderson Group plc $JHG

Carlson Capital L.P. purchased a new stake in shares of Janus Henderson Group plc (NYSE:JHG) in the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund purchased 23,000 shares of the company’s stock, valued at approximately $1,182,000.

Other large investors have also recently modified their holdings of the company. Rockefeller Capital Management L.P. grew its stake in Janus Henderson Group by 29.9% in the fourth quarter. Rockefeller Capital Management L.P. now owns 935 shares of the company’s stock worth $44,000 after purchasing an additional 215 shares in the last quarter. Inscription Capital LLC raised its position in Janus Henderson Group by 2.0% during the 4th quarter. Inscription Capital LLC now owns 13,938 shares of the company’s stock valued at $663,000 after purchasing an additional 279 shares in the last quarter. Kera Capital Partners Inc. raised its position in Janus Henderson Group by 2.0% during the 1st quarter. Kera Capital Partners Inc. now owns 14,409 shares of the company’s stock valued at $740,000 after purchasing an additional 287 shares in the last quarter. UMB Bank n.a. lifted its holdings in shares of Janus Henderson Group by 14.7% in the 4th quarter. UMB Bank n.a. now owns 2,469 shares of the company’s stock worth $117,000 after buying an additional 316 shares during the period. Finally, Lido Advisors LLC lifted its holdings in shares of Janus Henderson Group by 5.9% in the 4th quarter. Lido Advisors LLC now owns 5,829 shares of the company’s stock worth $261,000 after buying an additional 324 shares during the period. Hedge funds and other institutional investors own 87.94% of the company’s stock.

Janus Henderson Group Price Performance

Shares of Janus Henderson Group stock opened at $51.95 on Friday. The company has a quick ratio of 2.51, a current ratio of 3.89 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 PEG ratio of 5.78 and a beta of 1.35. The firm’s 50 day moving average price is $51.89 and its 200-day moving average price is $50.93. Janus Henderson Group plc has a 52-week low of $38.67 and a 52-week high of $53.76.

Janus Henderson Group (NYSE:JHG) last posted 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 for the quarter, compared to analysts’ expectations of $560.37 million. During the same period in the previous year, the company earned $0.79 EPS. The company’s revenue was up 11.0% on a year-over-year basis. On average, sell-side analysts predict that Janus Henderson Group plc will post 4.39 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently issued reports on JHG shares. Zacks Research downgraded Janus Henderson Group from a “strong-buy” rating to a “hold” rating in a research report on Monday, April 6th. Weiss Ratings restated a “buy (b)” rating on shares of Janus Henderson Group in a report on Wednesday, June 24th. One equities research analyst has rated the stock with a Strong Buy rating, one has given a Buy rating and five have given a Hold rating to the company’s stock. According to data from MarketBeat, Janus Henderson Group has an average rating of “Hold” and a consensus price target of $49.40.

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.