Commonwealth of Pennsylvania Public School Empls Retrmt SYS raised its holdings in Janus Henderson Group plc (NYSE:JHG – Free Report) by 330.6% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 137,913 shares of the company’s stock after purchasing an additional 105,887 shares during the quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS’s holdings in Janus Henderson Group were worth $6,561,000 at the end of the most recent reporting period.
Other hedge funds also recently added to or reduced their stakes in the company. Fisher Asset Management LLC boosted its holdings in Janus Henderson Group by 17.4% in the third quarter. Fisher Asset Management LLC now owns 1,807,154 shares of the company’s stock valued at $80,436,000 after purchasing an additional 268,483 shares during the last quarter. Allianz Asset Management GmbH boosted its holdings in Janus Henderson Group by 5.7% in the third quarter. Allianz Asset Management GmbH now owns 1,767,657 shares of the company’s stock valued at $78,678,000 after purchasing an additional 94,771 shares during the last quarter. Millennium Management LLC boosted its holdings in Janus Henderson Group by 20.3% in the third quarter. Millennium Management LLC now owns 6,851,082 shares of the company’s stock valued at $304,942,000 after purchasing an additional 1,154,481 shares during the last quarter. JPMorgan Chase & Co. boosted its holdings in Janus Henderson Group by 28.7% in the third quarter. JPMorgan Chase & Co. now owns 754,201 shares of the company’s stock valued at $33,569,000 after purchasing an additional 168,241 shares during the last quarter. Finally, Integrated Quantitative Investments LLC purchased a new stake in Janus Henderson Group in the third quarter valued at $1,371,000. 87.94% of the stock is owned by hedge funds and other institutional investors.
Insider Buying and Selling at Janus Henderson Group
In other Janus Henderson Group news, insider Megan Podzorov sold 1,650 shares of the company’s stock in a transaction dated Tuesday, March 10th. The shares were 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 approximately $625,332.96. This represents a 11.91% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Company insiders own 21.00% of the company’s stock.
Janus Henderson Group Trading Up 0.0%
Janus Henderson Group (NYSE:JHG – Get Free Report) 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 firm had revenue of $541.60 million during the quarter, compared to analyst estimates of $560.37 million. Janus Henderson Group had a return on equity of 14.59% and a net margin of 24.33%.The company’s revenue was up 11.0% on a year-over-year basis. During the same quarter last year, the company posted $0.79 EPS. As a group, equities analysts predict that Janus Henderson Group plc will post 4.39 earnings per share for the current fiscal year.
Wall Street Analyst Weigh In
A number of research analysts have 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 reiterated a “buy (b)” rating on shares of Janus Henderson Group in a research report on Friday, March 27th. One research analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating and six have given a Hold rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Hold” and an average target price of $48.29.
Get Our Latest Analysis on JHG
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.
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