Goldman Sachs Group Inc. Purchases 698,366 Shares of Janus Henderson Group plc $JHG

Goldman Sachs Group Inc. boosted its position in shares of Janus Henderson Group plc (NYSE:JHG) by 51.8% during the fourth quarter, Holdings Channel.com reports. The fund owned 2,047,357 shares of the company’s stock after acquiring an additional 698,366 shares during the quarter. Goldman Sachs Group Inc.’s holdings in Janus Henderson Group were worth $97,393,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in JHG. V Square Quantitative Management LLC bought a new stake in Janus Henderson Group during the 4th quarter worth approximately $25,000. Bessemer Group Inc. raised its stake in Janus Henderson Group by 134.6% during the 3rd quarter. Bessemer Group Inc. now owns 596 shares of the company’s stock worth $26,000 after acquiring an additional 342 shares during the period. Addison Advisors LLC raised its stake in Janus Henderson Group by 42.3% during the 3rd quarter. Addison Advisors LLC now owns 818 shares of the company’s stock worth $36,000 after acquiring an additional 243 shares during the period. Larson Financial Group LLC raised its stake in Janus Henderson Group by 108.0% during the 4th quarter. Larson Financial Group LLC now owns 782 shares of the company’s stock worth $37,000 after acquiring an additional 406 shares during the period. Finally, Hantz Financial Services Inc. raised its stake in Janus Henderson Group by 114.7% during the 4th quarter. Hantz Financial Services Inc. now owns 831 shares of the company’s stock worth $40,000 after acquiring an additional 444 shares during the period. Institutional investors own 87.94% of the company’s stock.

Janus Henderson Group Trading Up 0.1%

Shares of JHG opened at $51.85 on Wednesday. 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 plc has a 1 year low of $35.76 and a 1 year high of $53.76. The company has a 50 day simple moving average of $51.64 and a two-hundred day simple moving average of $49.29. The firm has a market cap of $7.99 billion, a P/E ratio of 10.21, a price-to-earnings-growth ratio of 5.76 and a beta of 1.35.

Janus Henderson Group (NYSE:JHG) last announced its quarterly earnings data on Friday, May 8th. The company reported $0.90 earnings per share (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 company had revenue of $541.60 million for the quarter, compared to analysts’ expectations of $560.37 million. During the same period last year, the business earned $0.79 earnings per share. The company’s quarterly revenue was up 11.0% compared to the same quarter last year. On average, equities analysts expect that Janus Henderson Group plc will post 4.39 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of equities research analysts have issued reports on the stock. Zacks Research lowered shares of Janus Henderson Group from a “strong-buy” rating to a “hold” rating in a report on Monday, April 6th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Janus Henderson Group in a report on Friday, March 27th. One investment analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating and six have assigned a Hold rating to the company. According to data from MarketBeat.com, Janus Henderson Group currently has a consensus rating of “Hold” and a consensus price target of $48.29.

Janus Henderson Group Company 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.