Renaissance Group LLC Buys 16,677 Shares of Janus Henderson Group plc $JHG

Renaissance Group LLC boosted its stake in Janus Henderson Group plc (NYSE:JHG) by 13.3% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 141,675 shares of the company’s stock after purchasing an additional 16,677 shares during the period. Renaissance Group LLC’s holdings in Janus Henderson Group were worth $6,739,000 at the end of the most recent quarter.

A number of other hedge funds have also recently added to or reduced their stakes in the stock. V Square Quantitative Management LLC bought a new stake in shares of Janus Henderson Group during the fourth quarter worth $25,000. Bessemer Group Inc. increased its holdings in shares of Janus Henderson Group by 134.6% during the third quarter. Bessemer Group Inc. now owns 596 shares of the company’s stock worth $26,000 after buying an additional 342 shares in the last quarter. Addison Advisors LLC lifted its stake in shares of 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. Larson Financial Group LLC lifted its stake in shares of 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. Finally, Hantz Financial Services Inc. boosted its holdings in shares of Janus Henderson Group by 114.7% during 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 in the last quarter. Institutional investors and hedge funds own 87.94% of the company’s stock.

Wall Street Analyst Weigh In

JHG has been the topic of a number of research reports. Weiss Ratings restated a “buy (b)” rating on shares of Janus Henderson Group in a research report on Friday, March 27th. Zacks Research lowered Janus Henderson Group from a “strong-buy” rating to a “hold” rating in a research note on Monday, April 6th. One 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’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and an average target price of $48.29.

Janus Henderson Group Stock Performance

NYSE:JHG opened at $51.76 on Thursday. The company has a debt-to-equity ratio of 0.07, a quick ratio of 2.51 and a current ratio of 3.89. Janus Henderson Group plc has a fifty-two week low of $35.76 and a fifty-two week high of $53.76. The company has a 50 day simple moving average of $51.65 and a two-hundred day simple moving average of $49.36. The company has a market capitalization of $7.97 billion, a PE ratio of 10.19, a P/E/G ratio of 5.77 and a beta of 1.35.

Janus Henderson Group (NYSE:JHG) last posted its quarterly earnings data on Friday, May 8th. The company reported $0.90 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 firm had revenue of $541.60 million during the quarter, compared to the consensus estimate of $560.37 million. During the same period in the prior year, the company posted $0.79 earnings per share. The company’s revenue for the quarter was up 11.0% compared to the same quarter last year. Research analysts anticipate that Janus Henderson Group plc will post 4.39 earnings per share for the current year.

Janus Henderson Group 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.