Sequoia Financial Advisors LLC Acquires 12,515 Shares of Janus Henderson Group plc $JHG

Sequoia Financial Advisors LLC raised its holdings in Janus Henderson Group plc (NYSE:JHG) by 31.1% during the 1st quarter, according to the company in its most recent disclosure with the SEC. The firm owned 52,798 shares of the company’s stock after buying an additional 12,515 shares during the quarter. Sequoia Financial Advisors LLC’s holdings in Janus Henderson Group were worth $2,712,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Oregon Public Employees Retirement Fund increased its stake in shares of Janus Henderson Group by 2.4% in the 1st quarter. Oregon Public Employees Retirement Fund now owns 25,266 shares of the company’s stock valued at $1,298,000 after acquiring an additional 600 shares in the last quarter. Impact Investors Inc bought a new position in Janus Henderson Group during the first quarter worth $211,000. R Squared Ltd boosted its stake in Janus Henderson Group by 12.4% during the first quarter. R Squared Ltd now owns 5,499 shares of the company’s stock worth $282,000 after acquiring an additional 607 shares in the last quarter. Credit Industriel ET Commercial acquired a new stake in Janus Henderson Group in the first quarter worth $5,974,000. Finally, Collaborative Fund Advisors LLC acquired a new stake in Janus Henderson Group in the first quarter worth $242,000. 87.94% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

Several equities analysts have recently weighed in on JHG shares. 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 note on Wednesday, June 24th. One research analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating and five have assigned a Hold rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $49.00.

Janus Henderson Group Stock Performance

NYSE JHG opened at $51.95 on Wednesday. The company has a fifty day simple moving average of $51.83 and a 200 day simple moving average of $50.56. Janus Henderson Group plc has a 12-month low of $38.67 and a 12-month high of $53.76. The company has a current ratio of 3.89, a quick ratio of 2.51 and a debt-to-equity ratio of 0.07. The company has a market cap of $8.00 billion, a P/E ratio of 10.23, a PEG ratio of 5.78 and a beta of 1.35.

Janus Henderson Group (NYSE:JHG) last released its quarterly earnings data on Friday, May 8th. The company reported $0.90 earnings per share 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 quarter in the previous year, the company posted $0.79 EPS. The business’s quarterly revenue was up 11.0% on a year-over-year basis. Sell-side analysts predict that Janus Henderson Group plc will post 4.39 earnings per share for the current fiscal 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.