Polar Asset Management Partners Inc. Increases Holdings in Janus Henderson Group plc $JHG

Polar Asset Management Partners Inc. boosted its stake in Janus Henderson Group plc (NYSE:JHG) by 322.7% in the 1st quarter, Holdings Channel reports. The firm owned 196,553 shares of the company’s stock after buying an additional 150,053 shares during the quarter. Polar Asset Management Partners Inc.’s holdings in Janus Henderson Group were worth $10,097,000 as of its most recent SEC filing.

Several other hedge funds also recently added to or reduced their stakes in JHG. Rockefeller Capital Management L.P. lifted its stake in shares of Janus Henderson Group by 29.9% during the fourth quarter. Rockefeller Capital Management L.P. now owns 935 shares of the company’s stock worth $44,000 after purchasing an additional 215 shares in the last quarter. Inscription Capital LLC lifted its position in Janus Henderson Group by 2.0% during the 4th quarter. Inscription Capital LLC now owns 13,938 shares of the company’s stock worth $663,000 after acquiring an additional 279 shares in the last quarter. Kera Capital Partners Inc. lifted its position in Janus Henderson Group by 2.0% during the 1st quarter. Kera Capital Partners Inc. now owns 14,409 shares of the company’s stock worth $740,000 after acquiring an additional 287 shares in the last quarter. UMB Bank n.a. boosted its holdings in Janus Henderson Group by 14.7% in the 4th quarter. UMB Bank n.a. now owns 2,469 shares of the company’s stock worth $117,000 after acquiring an additional 316 shares during the period. Finally, Lido Advisors LLC grew its position in Janus Henderson Group by 5.9% in the fourth quarter. Lido Advisors LLC now owns 5,829 shares of the company’s stock valued at $261,000 after acquiring an additional 324 shares in the last quarter. 87.94% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

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

Janus Henderson Group Price Performance

JHG stock opened at $51.95 on Monday. The company has a quick ratio of 2.51, a current ratio of 3.89 and a debt-to-equity ratio of 0.07. Janus Henderson Group plc has a 52-week low of $38.67 and a 52-week high of $53.76. The stock’s 50 day moving average is $51.87 and its two-hundred day moving average is $50.81. The company has a market capitalization of $8.00 billion, a PE ratio of 10.23, a P/E/G ratio of 5.78 and a beta of 1.35.

Janus Henderson Group (NYSE:JHG) last announced its earnings results 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). The business had revenue of $541.60 million during the quarter, compared to analyst estimates of $560.37 million. Janus Henderson Group had a net margin of 24.33% and a return on equity of 14.59%. The business’s revenue for the quarter was up 11.0% on a year-over-year basis. During the same period in the previous year, the company earned $0.79 earnings per share. Analysts predict that Janus Henderson Group plc will post 4.39 earnings per share for the current fiscal 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.