Janus Henderson Group plc $JHG Stock Holdings Increased by New York State Common Retirement Fund

New York State Common Retirement Fund grew its position in Janus Henderson Group plc (NYSE:JHG) by 83.4% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 107,742 shares of the company’s stock after acquiring an additional 48,993 shares during the quarter. New York State Common Retirement Fund owned approximately 0.07% of Janus Henderson Group worth $4,796,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also modified their holdings of the company. ARGA Investment Management LP grew its holdings in shares of Janus Henderson Group by 90.7% during the third quarter. ARGA Investment Management LP now owns 61,127 shares of the company’s stock valued at $2,721,000 after purchasing an additional 29,068 shares during the last quarter. Westfuller Advisors LLC bought a new position in Janus Henderson Group during the 3rd quarter worth $104,000. Teacher Retirement System of Texas increased its position in Janus Henderson Group by 163.0% in the third quarter. Teacher Retirement System of Texas now owns 148,436 shares of the company’s stock worth $6,607,000 after buying an additional 91,986 shares during the period. Chicago Partners Investment Group LLC grew its position in shares of Janus Henderson Group by 37.7% during the third quarter. Chicago Partners Investment Group LLC now owns 12,612 shares of the company’s stock worth $570,000 after acquiring an additional 3,455 shares during the last quarter. Finally, Jackson Thornton Wealth Management LLC acquired a new stake in shares of Janus Henderson Group in the 3rd quarter worth about $286,000. 87.94% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several equities research analysts have commented on JHG shares. Weiss Ratings restated a “buy (b)” rating on shares of Janus Henderson Group in a research note on Monday, December 29th. Wall Street Zen upgraded Janus Henderson Group from a “hold” rating to a “buy” rating in a research report on Saturday, December 20th. Evercore cut their target price on Janus Henderson Group from $50.00 to $49.00 and set an “in-line” rating on the stock in a research note on Monday, December 22nd. Zacks Research cut Janus Henderson Group from a “strong-buy” rating to a “hold” rating in a research note on Monday, December 8th. Finally, TD Cowen lowered Janus Henderson Group from a “buy” rating to a “hold” rating and set a $49.00 price target on the stock. in a report on Tuesday, December 23rd. One analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating and seven have issued a Hold rating to the company. According to MarketBeat.com, Janus Henderson Group has a consensus rating of “Hold” and a consensus price target of $47.67.

Janus Henderson Group Stock Performance

Shares of JHG opened at $48.26 on Friday. The company has a debt-to-equity ratio of 0.07, a current ratio of 4.02 and a quick ratio of 2.15. The firm’s 50 day moving average is $46.99 and its 200-day moving average is $44.82. Janus Henderson Group plc has a 12-month low of $28.26 and a 12-month high of $49.42. The stock has a market capitalization of $7.46 billion, a P/E ratio of 9.17, a P/E/G ratio of 0.79 and a beta of 1.54.

Janus Henderson Group (NYSE:JHG) last released its quarterly earnings data on Friday, January 30th. The company reported $2.01 earnings per share for the quarter, topping 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 business had revenue of $996.60 million during the quarter, compared to analyst estimates of $763.09 million. During the same period last year, the company posted $1.07 EPS. The company’s revenue was up 61.3% compared to the same quarter last year. Equities research analysts anticipate that Janus Henderson Group plc will post 3.75 EPS 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.