Janus Henderson Group plc $JHG Shares Sold by Commonwealth of Pennsylvania Public School Empls Retrmt SYS

Commonwealth of Pennsylvania Public School Empls Retrmt SYS lessened its holdings in shares of Janus Henderson Group plc (NYSE:JHG) by 77.6% during the first quarter, HoldingsChannel reports. The firm owned 30,884 shares of the company’s stock after selling 107,029 shares during the quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS’s holdings in Janus Henderson Group were worth $1,587,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently modified their holdings of JHG. V Square Quantitative Management LLC acquired a new stake in shares of Janus Henderson Group in the fourth quarter worth approximately $25,000. Empowered Funds LLC purchased a new position in Janus Henderson Group in the fourth quarter valued at about $33,000. Larson Financial Group LLC raised its holdings in shares of Janus Henderson Group by 108.0% during the 4th quarter. Larson Financial Group LLC now owns 782 shares of the company’s stock valued at $37,000 after buying an additional 406 shares during the period. Hantz Financial Services Inc. increased 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 buying an additional 444 shares during the period. Finally, Rockefeller Capital Management L.P. boosted its position in Janus Henderson Group by 29.9% in the 4th quarter. Rockefeller Capital Management L.P. now owns 935 shares of the company’s stock valued at $44,000 after buying an additional 215 shares during the last quarter. Institutional investors and hedge funds own 87.94% of the company’s stock.

Wall Street Analyst Weigh In

A number of analysts have recently weighed in on JHG shares. Zacks Research downgraded shares of Janus Henderson Group from a “strong-buy” rating to a “hold” rating in a research report on Monday, April 6th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Janus Henderson Group in a research report on Wednesday, June 24th. One research analyst has rated the stock with a Strong Buy rating, one has given a Buy rating and five have assigned a Hold rating to the stock. According to data from MarketBeat, Janus Henderson Group has an average rating of “Hold” and an average target price of $49.40.

Janus Henderson Group Stock Performance

NYSE:JHG opened at $51.95 on Friday. The business has a fifty day moving average of $51.84 and a 200-day moving average of $50.62. The company has a debt-to-equity ratio of 0.07, a quick ratio of 2.51 and a current ratio of 3.89. The stock has a market cap of $8.00 billion, a price-to-earnings ratio of 10.23, a PEG ratio of 5.78 and a beta of 1.35. Janus Henderson Group plc has a 1 year low of $38.67 and a 1 year high of $53.76.

Janus Henderson Group (NYSE:JHG) last announced its earnings results on Friday, May 8th. The company reported $0.90 EPS for the quarter, missing the consensus estimate of $0.98 by ($0.08). The firm had revenue of $541.60 million for 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 revenue for the quarter was up 11.0% on a year-over-year basis. During the same period in the previous year, the firm earned $0.79 EPS. Equities analysts predict that Janus Henderson Group plc will post 4.39 earnings per share for the current year.

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.