Krilogy Financial LLC Makes New Investment in Janus Henderson Group plc $JHG

Krilogy Financial LLC purchased a new position in shares of Janus Henderson Group plc (NYSE:JHG) during the 3rd quarter, HoldingsChannel.com reports. The fund purchased 11,655 shares of the company’s stock, valued at approximately $505,000.

A number of other hedge funds have also recently modified their holdings of the company. Charles Schwab Investment Management Inc. increased its position in Janus Henderson Group by 3.2% during the second quarter. Charles Schwab Investment Management Inc. now owns 5,102,005 shares of the company’s stock worth $198,162,000 after purchasing an additional 155,947 shares during the last quarter. State Street Corp increased its holdings in shares of Janus Henderson Group by 0.6% during the 2nd quarter. State Street Corp now owns 4,578,071 shares of the company’s stock worth $177,812,000 after buying an additional 28,114 shares during the last quarter. AQR Capital Management LLC raised its position in shares of Janus Henderson Group by 92.1% during the 2nd quarter. AQR Capital Management LLC now owns 3,700,170 shares of the company’s stock valued at $143,715,000 after buying an additional 1,773,964 shares during the period. Norges Bank acquired a new position in Janus Henderson Group in the second quarter valued at approximately $86,180,000. Finally, Qube Research & Technologies Ltd grew its position in Janus Henderson Group by 8.7% in the second quarter. Qube Research & Technologies Ltd now owns 1,856,228 shares of the company’s stock worth $72,096,000 after acquiring an additional 148,132 shares during the period. Hedge funds and other institutional investors own 87.94% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities analysts have recently commented on JHG shares. Morgan Stanley upped their price target on Janus Henderson Group from $46.00 to $48.00 and gave the company an “equal weight” rating in a research note on Wednesday, December 17th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Janus Henderson Group in a research report on Monday, December 29th. Wall Street Zen upgraded shares of Janus Henderson Group from a “hold” rating to a “buy” rating in a research report on Saturday, December 20th. Evercore reduced their price target on shares of 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. Finally, TD Cowen cut shares of 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. Two research analysts have rated the stock with a Strong Buy rating, three have assigned a Buy rating and six have issued a Hold rating to the stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $47.67.

Janus Henderson Group Trading Up 1.0%

NYSE JHG opened at $49.03 on Friday. The firm has a 50 day simple moving average of $47.43 and a 200-day simple moving average of $45.03. The company has a debt-to-equity ratio of 0.07, a quick ratio of 2.15 and a current ratio of 4.02. Janus Henderson Group plc has a one year low of $28.26 and a one year high of $49.42. The firm has a market cap of $7.57 billion, a price-to-earnings ratio of 9.32, a PEG ratio of 1.40 and a beta of 1.54.

Janus Henderson Group (NYSE:JHG) last announced its earnings results 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. The firm had revenue of $996.60 million for the quarter, compared to the consensus estimate of $763.09 million. Janus Henderson Group had a net margin of 25.83% and a return on equity of 14.70%. The firm’s revenue for the quarter was up 61.3% on a year-over-year basis. During the same period in the prior year, the firm earned $1.07 EPS. Equities research analysts anticipate that Janus Henderson Group plc will post 3.75 EPS for the current fiscal year.

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.