Janus Henderson Group plc $JHG Shares Sold by First Trust Advisors LP

First Trust Advisors LP cut its position in shares of Janus Henderson Group plc (NYSE:JHG) by 76.4% during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 183,627 shares of the company’s stock after selling 595,787 shares during the quarter. First Trust Advisors LP’s holdings in Janus Henderson Group were worth $9,433,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently added to or reduced their stakes in JHG. Norges Bank acquired a new stake in shares of Janus Henderson Group during the fourth quarter worth $117,881,000. AQR Capital Management LLC lifted its position in shares of Janus Henderson Group by 92.1% in the 2nd quarter. AQR Capital Management LLC now owns 3,700,170 shares of the company’s stock worth $143,715,000 after buying an additional 1,773,964 shares during the last quarter. Hudson Bay Capital Management LP acquired a new position in shares of Janus Henderson Group in the 4th quarter valued at about $79,861,000. Soros Fund Management LLC acquired a new position in shares of Janus Henderson Group in the 4th quarter valued at about $47,427,000. Finally, Quinn Opportunity Partners LLC bought a new stake in shares of Janus Henderson Group during the 4th quarter valued at about $46,904,000. Institutional investors and hedge funds own 87.94% of the company’s stock.

Wall Street Analyst Weigh In

JHG has been the topic of several research reports. 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. Weiss Ratings restated a “buy (b)” rating on shares of Janus Henderson Group in a research note on Wednesday, June 24th. One analyst has rated the stock with a Strong Buy rating, one has given a Buy rating and five have given a Hold rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus price target of $49.40.

Janus Henderson Group Price Performance

Shares of NYSE JHG opened at $51.95 on Friday. Janus Henderson Group plc has a 1-year low of $38.67 and a 1-year high of $53.76. 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 business’s fifty day moving average price is $51.89 and its two-hundred day moving average price is $50.93. The firm has a market capitalization of $8.00 billion, a PE ratio of 10.23, a P/E/G ratio of 5.78 and a beta of 1.35.

Janus Henderson Group (NYSE:JHG) last posted its earnings results on Friday, May 8th. The company reported $0.90 earnings per share (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 company had revenue of $541.60 million during the quarter, compared to the consensus estimate of $560.37 million. During the same quarter in the previous year, the business posted $0.79 earnings per share. The business’s quarterly revenue was up 11.0% compared to the same quarter last year. On average, research analysts expect that Janus Henderson Group plc will post 4.39 EPS for the current 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.