Hsbc Holdings PLC Trims Stock Position in Janus Henderson Group plc $JHG

Hsbc Holdings PLC lessened its position in shares of Janus Henderson Group plc (NYSE:JHG) by 87.1% during the 1st quarter, Holdings Channel reports. The institutional investor owned 75,658 shares of the company’s stock after selling 508,841 shares during the quarter. Hsbc Holdings PLC’s holdings in Janus Henderson Group were worth $3,893,000 at the end of the most recent quarter.

A number of other large investors have also recently added to or reduced their stakes in JHG. V Square Quantitative Management LLC purchased a new position in Janus Henderson Group in the fourth quarter worth approximately $25,000. Empowered Funds LLC purchased a new stake in Janus Henderson Group in the fourth quarter valued at $33,000. 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 purchasing an additional 406 shares during the last quarter. Hantz Financial Services Inc. lifted its stake in shares of Janus Henderson Group by 114.7% in the 4th quarter. Hantz Financial Services Inc. now owns 831 shares of the company’s stock valued at $40,000 after purchasing an additional 444 shares during the last quarter. Finally, Rockefeller Capital Management L.P. grew its holdings in shares of Janus Henderson Group by 29.9% during the 4th quarter. Rockefeller Capital Management L.P. now owns 935 shares of the company’s stock worth $44,000 after purchasing an additional 215 shares during the period. 87.94% of the stock is currently owned by institutional investors and hedge funds.

Janus Henderson Group Price Performance

Shares of NYSE JHG opened at $51.95 on Friday. The company has a market capitalization of $8.00 billion, a price-to-earnings ratio of 10.23, a price-to-earnings-growth ratio of 5.78 and a beta of 1.35. The company has a debt-to-equity ratio of 0.07, a current ratio of 3.89 and a quick ratio of 2.51. The business has a 50-day moving average of $51.87 and a two-hundred day moving average of $50.78. 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 released its quarterly earnings data on Friday, May 8th. The company reported $0.90 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.98 by ($0.08). Janus Henderson Group had a return on equity of 14.59% and a net margin of 24.33%.The business had revenue of $541.60 million for the quarter, compared to analyst estimates of $560.37 million. During the same period in the prior year, the company posted $0.79 earnings per share. The company’s revenue was up 11.0% compared to the same quarter last year. On average, analysts forecast that Janus Henderson Group plc will post 4.39 earnings per share for the current fiscal year.

Analyst Ratings Changes

A number of analysts recently issued reports on JHG shares. Weiss Ratings reissued a “buy (b)” rating on shares of Janus Henderson Group in a research report on Wednesday, June 24th. Zacks Research cut shares of Janus Henderson Group from a “strong-buy” rating to a “hold” rating in a research report on Monday, April 6th. One equities 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 company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Hold” and an average target price of $49.40.

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.