Vestcor Inc Acquires New Holdings in Janus Henderson Group plc $JHG

Vestcor Inc acquired a new stake in Janus Henderson Group plc (NYSE:JHG) during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 100,000 shares of the company’s stock, valued at approximately $4,757,000. Vestcor Inc owned about 0.06% of Janus Henderson Group at the end of the most recent quarter.

Other large investors have also recently added to or reduced their stakes in the company. V Square Quantitative Management LLC acquired a new stake in Janus Henderson Group in the 4th quarter valued at about $25,000. Bessemer Group Inc. grew its stake in Janus Henderson Group by 134.6% in the 3rd quarter. Bessemer Group Inc. now owns 596 shares of the company’s stock valued at $26,000 after acquiring an additional 342 shares during the last quarter. Larson Financial Group LLC grew its stake in Janus Henderson Group by 108.0% in the 4th quarter. Larson Financial Group LLC now owns 782 shares of the company’s stock valued at $37,000 after acquiring an additional 406 shares during the last quarter. Addison Advisors LLC grew its stake in Janus Henderson Group by 42.3% in the 3rd quarter. Addison Advisors LLC now owns 818 shares of the company’s stock valued at $36,000 after acquiring an additional 243 shares during the last quarter. Finally, Hantz Financial Services Inc. grew its stake in Janus Henderson Group by 114.7% in the 4th quarter. Hantz Financial Services Inc. now owns 831 shares of the company’s stock valued at $40,000 after acquiring an additional 444 shares during the last quarter. 87.94% of the stock is owned by institutional investors and hedge funds.

Insider Activity

In other Janus Henderson Group news, insider Megan Podzorov sold 1,650 shares of the firm’s stock in a transaction dated Tuesday, March 10th. The shares were sold at an average price of $51.24, for a total transaction of $84,546.00. Following the sale, 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 position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. 21.00% of the stock is owned by corporate insiders.

Analyst Upgrades and Downgrades

A number of equities research analysts recently commented on the stock. Zacks Research cut shares of Janus Henderson Group from a “strong-buy” rating to a “hold” rating in a research note on Monday, April 6th. Weiss Ratings reissued a “buy (b)” rating on shares of Janus Henderson Group in a research note on Friday, March 27th. One equities research analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating and six have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and an average price target of $48.29.

Janus Henderson Group Price Performance

Janus Henderson Group stock opened at $51.77 on Friday. Janus Henderson Group plc has a 12-month low of $35.76 and a 12-month high of $53.76. The stock has a market capitalization 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. The firm’s 50-day moving average is $51.62 and its two-hundred day moving average is $49.11. 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 (NYSE:JHG) last released its quarterly earnings results on Friday, May 8th. The company reported $0.90 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.98 by ($0.08). Janus Henderson Group had a return on equity of 14.59% and a net margin of 24.33%.The firm had revenue of $541.60 million for the quarter, compared to analyst estimates of $560.37 million. During the same period in the prior year, the business earned $0.79 earnings per share. Janus Henderson Group’s revenue for the quarter was up 11.0% on a year-over-year basis. Equities analysts predict that Janus Henderson Group plc will post 4.39 earnings per share for the current 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.