Geode Capital Management LLC Buys 100,216 Shares of Janus Henderson Group plc $JHG

Geode Capital Management LLC increased its stake in shares of Janus Henderson Group plc (NYSE:JHG) by 4.4% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 2,372,074 shares of the company’s stock after acquiring an additional 100,216 shares during the quarter. Geode Capital Management LLC’s holdings in Janus Henderson Group were worth $112,861,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also bought and sold shares of the stock. Millennium Management LLC grew its position in Janus Henderson Group by 20.3% during the 3rd quarter. Millennium Management LLC now owns 6,851,082 shares of the company’s stock worth $304,942,000 after acquiring an additional 1,154,481 shares during the last quarter. AQR Capital Management LLC grew its position in Janus Henderson Group by 29.7% during the 3rd quarter. AQR Capital Management LLC now owns 4,800,028 shares of the company’s stock worth $213,649,000 after acquiring an additional 1,099,858 shares during the last quarter. State Street Corp grew its position in 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 acquiring an additional 28,114 shares during the last quarter. Clark Capital Management Group Inc. grew its position in Janus Henderson Group by 101.2% during the 3rd quarter. Clark Capital Management Group Inc. now owns 1,829,676 shares of the company’s stock worth $81,439,000 after acquiring an additional 920,477 shares during the last quarter. Finally, Fisher Asset Management LLC grew its position in Janus Henderson Group by 17.4% during the 3rd quarter. Fisher Asset Management LLC now owns 1,807,154 shares of the company’s stock worth $80,436,000 after acquiring an additional 268,483 shares during the last quarter. 87.94% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

Several research firms recently issued reports on JHG. Weiss Ratings restated a “buy (b)” rating on shares of Janus Henderson Group in a research report on Friday, March 27th. Zacks Research lowered 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 issued a Buy rating and six have assigned a Hold rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average price target of $48.29.

Janus Henderson Group Price Performance

Shares of JHG stock opened at $51.77 on Friday. The firm has a market cap of $7.98 billion, a P/E ratio of 10.19, a P/E/G ratio of 5.76 and a beta of 1.35. Janus Henderson Group plc has a fifty-two week low of $35.76 and a fifty-two week high of $53.76. The business’s 50 day moving average price is $51.62 and its 200-day moving average price is $49.11. The company has a debt-to-equity ratio of 0.07, a quick ratio of 2.51 and a current ratio of 3.89.

Janus Henderson Group (NYSE:JHG) last issued its quarterly earnings data on Friday, May 8th. The company reported $0.90 earnings per share for the quarter, missing analysts’ consensus estimates of $0.98 by ($0.08). The business had revenue of $541.60 million during the quarter, compared to the consensus estimate of $560.37 million. Janus Henderson Group had a return on equity of 14.59% and a net margin of 24.33%.Janus Henderson Group’s quarterly revenue was up 11.0% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.79 earnings per share. On average, equities research analysts anticipate that Janus Henderson Group plc will post 4.39 earnings per share for the current year.

Insider Activity at Janus Henderson Group

In other news, insider Megan Podzorov sold 1,650 shares of the firm’s stock in a transaction that occurred on Tuesday, March 10th. The stock was sold at an average price of $51.24, for a total value of $84,546.00. Following the completion of the transaction, the insider owned 12,204 shares in the company, valued at $625,332.96. This trade represents a 11.91% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. 21.00% of the stock is currently owned by insiders.

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.