Gamco Investors INC. ET AL Reduces Stock Position in Janus Henderson Group plc $JHG

Gamco Investors INC. ET AL lessened its position in Janus Henderson Group plc (NYSE:JHG) by 8.7% during the first quarter, Holdings Channel.com reports. The fund owned 398,208 shares of the company’s stock after selling 37,824 shares during the period. Gamco Investors INC. ET AL’s holdings in Janus Henderson Group were worth $20,456,000 at the end of the most recent quarter.

Other hedge funds have also recently modified their holdings of the company. Rockefeller Capital Management L.P. raised its stake in shares of Janus Henderson Group by 29.9% during the fourth 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 last quarter. Inscription Capital LLC boosted its holdings in shares of 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. Kera Capital Partners Inc. grew its stake in shares of Janus Henderson Group by 2.0% in the first quarter. Kera Capital Partners Inc. now owns 14,409 shares of the company’s stock worth $740,000 after purchasing an additional 287 shares during the last quarter. UMB Bank n.a. grew its stake in shares of Janus Henderson Group by 14.7% in 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 last quarter. Finally, Lido Advisors LLC increased its holdings in Janus Henderson Group by 5.9% during the 4th quarter. Lido Advisors LLC now owns 5,829 shares of the company’s stock valued at $261,000 after purchasing an additional 324 shares during the period. Hedge funds and other institutional investors own 87.94% of the company’s stock.

Janus Henderson Group Price Performance

JHG stock opened at $51.95 on Friday. The company has a debt-to-equity ratio of 0.07, a current ratio of 3.89 and a quick ratio of 2.51. Janus Henderson Group plc has a 1 year low of $38.67 and a 1 year high of $53.76. The firm has a 50-day moving average of $51.87 and a 200 day moving average of $50.78. 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 posted 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 net margin of 24.33% and a return on equity of 14.59%. The firm had revenue of $541.60 million for the quarter, compared to the consensus estimate of $560.37 million. During the same period in the previous year, the firm posted $0.79 earnings per share. The business’s revenue was up 11.0% compared to the same quarter last year. On average, sell-side analysts forecast that Janus Henderson Group plc will post 4.39 EPS for the current year.

Analysts Set New Price Targets

JHG has been the subject of a number of recent analyst reports. Zacks Research lowered Janus Henderson Group from a “strong-buy” rating to a “hold” rating in a research report on Monday, April 6th. Weiss Ratings reiterated a “buy (b)” rating on shares of Janus Henderson Group in a research report on Wednesday, June 24th. One analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating and five have assigned a Hold rating to the company. Based on data from MarketBeat, the company has an average rating of “Hold” and an average target price of $49.40.

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.