Versor Investments LP acquired a new stake in Janus Henderson Group plc (NYSE:JHG – Free Report) during the 4th quarter, HoldingsChannel reports. The firm acquired 386,291 shares of the company’s stock, valued at approximately $18,376,000. Janus Henderson Group makes up 2.9% of Versor Investments LP’s investment portfolio, making the stock its 2nd biggest holding.
Several other large investors have also recently added to or reduced their stakes in the stock. Bailard Inc. increased its stake in Janus Henderson Group by 59.9% in the 4th quarter. Bailard Inc. now owns 43,009 shares of the company’s stock valued at $2,046,000 after buying an additional 16,119 shares during the period. Swiss Life Asset Management Ltd increased its stake in Janus Henderson Group by 77.7% in the 4th quarter. Swiss Life Asset Management Ltd now owns 10,483 shares of the company’s stock valued at $499,000 after buying an additional 4,585 shares during the period. Drucker Wealth 3.0 LLC increased its stake in Janus Henderson Group by 11.2% in the 4th quarter. Drucker Wealth 3.0 LLC now owns 18,498 shares of the company’s stock valued at $880,000 after buying an additional 1,868 shares during the period. Ethic Inc. increased its stake in Janus Henderson Group by 162.0% in the 4th quarter. Ethic Inc. now owns 12,602 shares of the company’s stock valued at $599,000 after buying an additional 7,792 shares during the period. Finally, Crestwood Advisors Group LLC acquired a new position in Janus Henderson Group in the 4th quarter valued at approximately $320,000. Institutional investors and hedge funds own 87.94% of the company’s stock.
Janus Henderson Group Stock Performance
Shares of JHG opened at $51.70 on Tuesday. The company’s fifty day moving average is $51.40 and its 200-day moving average is $48.05. Janus Henderson Group plc has a 12 month low of $35.56 and a 12 month high of $53.76. The firm has a market cap of $7.97 billion, a price-to-earnings ratio of 10.18, a price-to-earnings-growth ratio of 5.75 and a beta of 1.37. The company has a quick ratio of 2.50, a current ratio of 4.18 and a debt-to-equity ratio of 0.07.
Insider Transactions at Janus Henderson Group
In related news, CEO Ali Dibadj sold 127,632 shares of the company’s stock in a transaction on Tuesday, February 17th. The shares were sold at an average price of $49.12, for a total transaction of $6,269,283.84. Following the completion of the sale, the chief executive officer directly owned 449,078 shares of the company’s stock, valued at approximately $22,058,711.36. This represents a 22.13% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Megan Podzorov sold 1,650 shares of the company’s stock in a transaction on Tuesday, March 10th. The stock was sold at an average price of $51.24, for a total transaction of $84,546.00. Following the sale, the insider directly owned 12,204 shares of the company’s stock, valued at approximately $625,332.96. This represents a 11.91% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 146,229 shares of company stock worth $7,239,650 in the last 90 days. 21.00% of the stock is owned by insiders.
Wall Street Analysts Forecast Growth
Several research analysts have weighed in on JHG shares. 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 analyst has rated the stock with a Strong Buy rating, two have given a Buy rating and six have issued a Hold rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus target price of $48.29.
Get Our Latest Stock Analysis on JHG
Janus Henderson Group Company 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.
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