FJ Capital Management LLC Cuts Stock Position in Janus Henderson Group plc $JHG

FJ Capital Management LLC cut its holdings in shares of Janus Henderson Group plc (NYSE:JHG) by 62.3% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 12,090 shares of the company’s stock after selling 19,951 shares during the period. FJ Capital Management LLC’s holdings in Janus Henderson Group were worth $575,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently bought and sold shares of the business. Cibc World Market Inc. increased its stake in Janus Henderson Group by 2.9% during the third quarter. Cibc World Market Inc. now owns 8,429 shares of the company’s stock worth $375,000 after purchasing an additional 234 shares during the period. Addison Advisors LLC increased its stake in Janus Henderson Group by 42.3% during the third quarter. Addison Advisors LLC now owns 818 shares of the company’s stock worth $36,000 after purchasing an additional 243 shares during the period. Inscription Capital LLC increased its stake in Janus Henderson Group by 2.0% during the fourth quarter. Inscription Capital LLC now owns 13,938 shares of the company’s stock worth $663,000 after purchasing an additional 279 shares during the period. Integrated Advisors Network LLC increased its stake in Janus Henderson Group by 4.7% during the third quarter. Integrated Advisors Network LLC now owns 6,918 shares of the company’s stock worth $308,000 after purchasing an additional 308 shares during the period. Finally, UMB Bank n.a. increased its stake in Janus Henderson Group by 14.7% during the fourth quarter. UMB Bank n.a. now owns 2,469 shares of the company’s stock worth $117,000 after purchasing an additional 316 shares during the period. 87.94% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

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

Janus Henderson Group Stock Down 0.0%

Shares of NYSE:JHG opened at $51.83 on Friday. The firm’s 50 day moving average price is $51.66 and its 200 day moving average price is $49.44. The stock has a market cap of $7.99 billion, a price-to-earnings ratio of 10.20, a price-to-earnings-growth ratio of 5.77 and a beta of 1.35. Janus Henderson Group plc has a fifty-two week low of $35.76 and a fifty-two week high of $53.76. The company has a quick ratio of 2.51, a current ratio of 3.89 and a debt-to-equity ratio of 0.07.

Janus Henderson Group (NYSE:JHG) last issued its earnings results 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). The firm had revenue of $541.60 million during the quarter, compared to analyst estimates of $560.37 million. Janus Henderson Group had a net margin of 24.33% and a return on equity of 14.59%. The firm’s revenue was up 11.0% compared to the same quarter last year. During the same period last year, the business earned $0.79 EPS. As a group, equities research 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.