KBC Group NV Grows Position in Janus Henderson Group plc $JHG

KBC Group NV grew its holdings in shares of Janus Henderson Group plc (NYSE:JHG) by 3,569.8% in the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 124,334 shares of the company’s stock after purchasing an additional 120,946 shares during the quarter. KBC Group NV’s holdings in Janus Henderson Group were worth $6,387,000 at the end of the most recent reporting period.

Other large investors have also recently modified their holdings of the company. V Square Quantitative Management LLC bought a new stake in shares of Janus Henderson Group in the fourth quarter valued at approximately $25,000. Empowered Funds LLC bought a new position in Janus Henderson Group in the 4th quarter worth approximately $33,000. Larson Financial Group LLC grew its stake in Janus Henderson Group by 108.0% in the 4th quarter. Larson Financial Group LLC now owns 782 shares of the company’s stock valued at $37,000 after buying an additional 406 shares in the last quarter. Hantz Financial Services Inc. grew its stake in Janus Henderson Group by 114.7% in the 4th quarter. Hantz Financial Services Inc. now owns 831 shares of the company’s stock valued at $40,000 after buying an additional 444 shares in the last quarter. Finally, Rockefeller Capital Management L.P. raised its holdings in Janus Henderson Group by 29.9% during the 4th quarter. Rockefeller Capital Management L.P. now owns 935 shares of the company’s stock valued at $44,000 after acquiring an additional 215 shares during the period. Hedge funds and other institutional investors own 87.94% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities research analysts have issued reports on JHG shares. Weiss Ratings restated a “buy (b)” rating on shares of Janus Henderson Group in a research report on Wednesday, June 24th. Zacks Research lowered 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, one has issued a Buy rating and five have issued a Hold rating to the company’s stock. According to MarketBeat, Janus Henderson Group has an average rating of “Hold” and a consensus target price of $49.40.

Janus Henderson Group Price Performance

JHG stock opened at $51.95 on Thursday. The firm has a 50 day moving average of $51.86 and a 200-day moving average of $50.75. The firm has a market capitalization of $8.00 billion, a P/E 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 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.

Janus Henderson Group (NYSE:JHG) last posted its 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 firm had revenue of $541.60 million for the quarter, compared to the consensus estimate of $560.37 million. During the same period last year, the company posted $0.79 EPS. The business’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 earnings per share for the current fiscal year.

About Janus Henderson Group

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.