Bailard Inc. Acquires 16,119 Shares of Janus Henderson Group plc $JHG

Bailard Inc. lifted its holdings in Janus Henderson Group plc (NYSE:JHG) by 59.9% in the fourth quarter, Holdings Channel reports. The fund owned 43,009 shares of the company’s stock after purchasing an additional 16,119 shares during the quarter. Bailard Inc.’s holdings in Janus Henderson Group were worth $2,046,000 at the end of the most recent quarter.

A number of other institutional investors have also recently made changes to their positions in JHG. Fisher Asset Management LLC lifted its stake 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 worth $80,436,000 after purchasing an additional 268,483 shares during the last quarter. Allianz Asset Management GmbH increased its position in shares of Janus Henderson Group by 5.7% during the third quarter. Allianz Asset Management GmbH now owns 1,767,657 shares of the company’s stock worth $78,678,000 after acquiring an additional 94,771 shares during the period. JPMorgan Chase & Co. raised its stake in Janus Henderson Group by 28.7% in the third quarter. JPMorgan Chase & Co. now owns 754,201 shares of the company’s stock worth $33,569,000 after buying an additional 168,241 shares in the last quarter. Millennium Management LLC raised its stake 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 worth $304,942,000 after buying an additional 1,154,481 shares in the last quarter. Finally, Integrated Quantitative Investments LLC bought a new position in Janus Henderson Group in the third quarter worth approximately $1,371,000. Institutional investors own 87.94% of the company’s stock.

Wall Street Analysts Forecast Growth

JHG has been the topic of several analyst reports. Zacks Research lowered shares of Janus Henderson Group from a “strong-buy” rating to a “hold” rating in a report on Monday, April 6th. Weiss Ratings restated a “buy (b)” rating on shares of Janus Henderson Group in a research report on Friday, March 27th. One investment analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating and six have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average target price of $48.29.

Insider Buying and Selling at Janus Henderson Group

In related news, insider Megan Podzorov sold 1,650 shares of the business’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 sale, the insider directly owned 12,204 shares in the company, valued at approximately $625,332.96. The trade was a 11.91% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, CTO William B. Cassidy sold 16,947 shares of the business’s stock in a transaction dated Friday, February 27th. The shares were sold at an average price of $52.27, for a total transaction of $885,819.69. Following the completion of the sale, the chief technology officer owned 118,939 shares in the company, valued at approximately $6,216,941.53. This trade represents a 12.47% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold 146,229 shares of company stock worth $7,239,650 in the last ninety days. 21.00% of the stock is owned by insiders.

Janus Henderson Group Stock Up 0.0%

Shares of NYSE JHG opened at $51.70 on Wednesday. Janus Henderson Group plc has a 12-month low of $35.56 and a 12-month high of $53.76. The stock has a market cap of $7.97 billion, a PE ratio of 10.18, a P/E/G ratio of 5.75 and a beta of 1.37. The company has a current ratio of 3.89, a quick ratio of 2.50 and a debt-to-equity ratio of 0.07. The company has a 50-day moving average of $51.39 and a 200 day moving average of $48.12.

Janus Henderson Group (NYSE:JHG) last announced 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 net margin of 24.33% and a return on equity of 14.59%. The business had revenue of $541.60 million for the quarter, compared to analysts’ expectations of $560.37 million. During the same period in the prior year, the company posted $0.79 EPS. The firm’s revenue was up 11.0% on a year-over-year basis. As a group, sell-side analysts predict 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.