IMC Chicago LLC Makes New Investment in Janus Henderson Group plc $JHG

IMC Chicago LLC acquired a new position in shares of Janus Henderson Group plc (NYSE:JHG) during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 14,535 shares of the company’s stock, valued at approximately $747,000.

Other institutional investors and hedge funds have also modified their holdings of the company. Rockefeller Capital Management L.P. lifted its position in Janus Henderson Group by 29.9% in the fourth 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. Inscription Capital LLC increased its holdings in Janus Henderson Group by 2.0% in the 4th quarter. Inscription Capital LLC now owns 13,938 shares of the company’s stock valued at $663,000 after buying an additional 279 shares during the period. UMB Bank n.a. increased its holdings in Janus Henderson Group by 14.7% in the 4th quarter. UMB Bank n.a. now owns 2,469 shares of the company’s stock valued at $117,000 after buying an additional 316 shares during the period. Lido Advisors LLC increased its holdings in Janus Henderson Group by 5.9% in the 4th quarter. Lido Advisors LLC now owns 5,829 shares of the company’s stock valued at $261,000 after buying an additional 324 shares during the period. Finally, Fifth Third Wealth Advisors LLC raised its stake in shares of Janus Henderson Group by 7.7% in the 1st quarter. Fifth Third Wealth Advisors LLC now owns 4,588 shares of the company’s stock valued at $236,000 after buying an additional 327 shares in the last quarter. 87.94% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

A number of equities analysts have recently commented on JHG shares. Zacks Research downgraded shares of Janus Henderson Group from a “strong-buy” rating to a “hold” rating in a report on Monday, April 6th. Weiss Ratings reissued a “buy (b)” rating on shares of Janus Henderson Group in a research note on Wednesday, June 24th. One equities research analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating and five have assigned a Hold rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus target price of $49.40.

Janus Henderson Group Price Performance

Shares of JHG stock opened at $51.95 on Thursday. The stock’s fifty day simple moving average is $51.84 and its 200 day simple moving average is $50.59. 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 firm has a market cap of $8.00 billion, a price-to-earnings ratio of 10.23, a P/E/G 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 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). The company had revenue of $541.60 million for the quarter, compared to analyst estimates of $560.37 million. Janus Henderson Group had a return on equity of 14.59% and a net margin of 24.33%.The business’s revenue was up 11.0% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.79 earnings per share. On average, analysts expect 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.