Groupe la Francaise Makes New $575,000 Investment in Janus Henderson Group plc $JHG

Groupe la Francaise purchased a new position in shares of Janus Henderson Group plc (NYSE:JHG) during the first quarter, HoldingsChannel.com reports. The institutional investor purchased 11,200 shares of the company’s stock, valued at approximately $575,000.

A number of other large investors have also made changes to their positions in the stock. GABELLI & Co INVESTMENT ADVISERS INC. acquired a new position in Janus Henderson Group during the fourth quarter worth about $6,726,000. Chicago Capital Management LLC acquired a new stake in shares of Janus Henderson Group during the 4th quarter valued at approximately $8,325,000. Advisors Preferred LLC purchased a new stake in shares of Janus Henderson Group during the 4th quarter worth approximately $2,436,000. Ruffer LLP increased its stake in Janus Henderson Group by 42.3% in the 4th quarter. Ruffer LLP now owns 139,713 shares of the company’s stock valued at $6,656,000 after purchasing an additional 41,556 shares in the last quarter. Finally, Kestra Investment Management LLC increased its stake in Janus Henderson Group by 567.6% in the 4th quarter. Kestra Investment Management LLC now owns 68,903 shares of the company’s stock valued at $3,278,000 after purchasing an additional 58,582 shares in the last quarter. Hedge funds and other institutional investors own 87.94% of the company’s stock.

Wall Street Analyst Weigh In

A number of research firms have commented on JHG. Weiss Ratings reiterated a “buy (b)” rating on shares of Janus Henderson Group in a research report on Wednesday, June 24th. Zacks Research downgraded 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, one has given a Buy rating and five have given a Hold rating to the stock. According to MarketBeat, the stock currently has an average rating of “Hold” and an average target price of $49.40.

Janus Henderson Group Price Performance

Shares of NYSE:JHG opened at $51.95 on Friday. 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 business’s fifty day moving average price is $51.89 and its two-hundred day moving average price is $50.93. The stock has a market cap of $8.00 billion, a PE ratio of 10.23, a price-to-earnings-growth ratio of 5.78 and a beta of 1.35. Janus Henderson Group plc has a one year low of $38.67 and a one year high of $53.76.

Janus Henderson Group (NYSE:JHG) last released its quarterly earnings results 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). Janus Henderson Group had a return on equity of 14.59% and a net margin of 24.33%.The company had revenue of $541.60 million during the quarter, compared to analyst estimates of $560.37 million. During the same period last year, the firm earned $0.79 earnings per share. The business’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 EPS for the current fiscal 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.