Gamco Investors INC. ET AL Increases Stake in Janus Henderson Group plc $JHG

Gamco Investors INC. ET AL boosted its holdings in shares of Janus Henderson Group plc (NYSE:JHG) by 4.5% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 436,032 shares of the company’s stock after buying an additional 18,900 shares during the quarter. Gamco Investors INC. ET AL’s holdings in Janus Henderson Group were worth $20,742,000 at the end of the most recent reporting period.

A number of other institutional investors also recently bought and sold shares of JHG. AQR Capital Management LLC raised its position in Janus Henderson Group by 92.1% during 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. Millennium Management LLC raised its position in Janus Henderson Group by 20.3% during the 3rd quarter. Millennium Management LLC now owns 6,851,082 shares of the company’s stock worth $304,942,000 after buying an additional 1,154,481 shares during the last quarter. Clark Capital Management Group Inc. raised its position in Janus Henderson Group by 101.2% during the 3rd quarter. Clark Capital Management Group Inc. now owns 1,829,676 shares of the company’s stock worth $81,439,000 after buying an additional 920,477 shares during the last quarter. Balyasny Asset Management L.P. purchased a new position in Janus Henderson Group during the 3rd quarter worth approximately $26,409,000. Finally, Versor Investments LP purchased a new position in Janus Henderson Group during the 4th quarter worth approximately $18,376,000. 87.94% of the stock is owned by hedge funds and other institutional investors.

Janus Henderson Group Price Performance

NYSE:JHG opened at $51.80 on Tuesday. 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 firm has a market cap of $7.98 billion, a price-to-earnings ratio of 10.20, a price-to-earnings-growth ratio of 5.75 and a beta of 1.37. The company has a 50 day moving average price of $51.39 and a 200-day moving average price of $48.35. Janus Henderson Group plc has a 1-year low of $35.56 and a 1-year high of $53.76.

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 the consensus estimate of $0.98 by ($0.08). The firm had revenue of $541.60 million for the quarter, compared to analysts’ expectations of $560.37 million. Janus Henderson Group had a net margin of 24.33% and a return on equity of 14.59%. Janus Henderson Group’s revenue for the quarter was up 11.0% compared to the same quarter last year. During the same period last year, the firm earned $0.79 earnings per share. Equities research analysts forecast that Janus Henderson Group plc will post 4.39 EPS for the current year.

Wall Street Analysts Forecast Growth

JHG has been the subject of a number of recent research reports. Zacks Research lowered shares of Janus Henderson Group from a “strong-buy” rating to a “hold” rating in a research report on Monday, April 6th. Weiss Ratings reissued a “buy (b)” rating on shares of Janus Henderson Group in a research report on Friday, March 27th. One investment analyst has rated the stock with a Strong Buy rating, two have given a Buy rating and six have assigned a Hold rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and an average target price of $48.29.

Insider Activity at Janus Henderson Group

In other news, CTO William B. Cassidy sold 16,947 shares of Janus Henderson Group stock in a transaction that occurred on Friday, February 27th. The shares were sold at an average price of $52.27, for a total transaction of $885,819.69. Following the completion of the transaction, the chief technology officer directly owned 118,939 shares of the company’s stock, valued at $6,216,941.53. The trade was a 12.47% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Megan Podzorov sold 1,650 shares of Janus Henderson Group stock in a transaction that occurred on Tuesday, March 10th. The shares were sold at an average price of $51.24, for a total transaction of $84,546.00. Following the transaction, the insider directly owned 12,204 shares of the company’s stock, valued at approximately $625,332.96. This trade represents a 11.91% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. 21.00% of the stock is owned by insiders.

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.