Governors Lane LP Takes Position in Janus Henderson Group plc $JHG

Governors Lane LP bought a new position in Janus Henderson Group plc (NYSE:JHG) during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor bought 125,000 shares of the company’s stock, valued at approximately $5,946,000. Governors Lane LP owned approximately 0.08% of Janus Henderson Group at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently modified their holdings of JHG. V Square Quantitative Management LLC purchased a new position in Janus Henderson Group during the 4th quarter worth $25,000. Empowered Funds LLC bought a new position in shares of Janus Henderson Group during the 4th quarter worth $33,000. Larson Financial Group LLC increased its stake in shares of Janus Henderson Group by 108.0% during the fourth quarter. Larson Financial Group LLC now owns 782 shares of the company’s stock valued at $37,000 after buying an additional 406 shares during the period. Hantz Financial Services Inc. raised its holdings in shares of Janus Henderson Group by 114.7% in the fourth 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. Finally, Clearstead Advisors LLC lifted its stake in Janus Henderson Group by 170.4% in the third quarter. Clearstead Advisors LLC now owns 1,144 shares of the company’s stock worth $51,000 after acquiring an additional 721 shares during the period. Institutional investors own 87.94% of the company’s stock.

Janus Henderson Group Price Performance

NYSE JHG opened at $51.79 on Thursday. Janus Henderson Group plc has a 1 year low of $35.76 and a 1 year high of $53.76. The company has a market cap of $7.98 billion, a price-to-earnings ratio of 10.19, a PEG ratio of 5.76 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 stock’s fifty day moving average price is $51.69 and its 200 day moving average price is $49.67.

Janus Henderson Group (NYSE:JHG) last issued its earnings results 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 analysts’ expectations of $560.37 million. During the same quarter in the prior year, the company earned $0.79 EPS. Janus Henderson Group’s quarterly revenue was up 11.0% on a year-over-year basis. As a group, equities research analysts forecast that Janus Henderson Group plc will post 4.39 earnings per share for the current year.

Analyst Upgrades and Downgrades

A number of research analysts have commented on the stock. Weiss Ratings reissued a “buy (b)” rating on shares of Janus Henderson Group in a research report on Friday, March 27th. Zacks Research downgraded shares of Janus Henderson Group from a “strong-buy” rating to a “hold” rating in a research note on Monday, April 6th. One equities research analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating and six have given a Hold rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus target price of $48.29.

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.