GABELLI & Co INVESTMENT ADVISERS INC. Has $11.38 Million Holdings in Janus Henderson Group plc $JHG

GABELLI & Co INVESTMENT ADVISERS INC. boosted its holdings in shares of Janus Henderson Group plc (NYSE:JHG) by 56.6% during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 221,450 shares of the company’s stock after acquiring an additional 80,050 shares during the period. Janus Henderson Group makes up approximately 1.7% of GABELLI & Co INVESTMENT ADVISERS INC.’s investment portfolio, making the stock its 16th largest holding. GABELLI & Co INVESTMENT ADVISERS INC.’s holdings in Janus Henderson Group were worth $11,376,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Royal Bank of Canada increased its holdings in shares of Janus Henderson Group by 38.3% in the first quarter. Royal Bank of Canada now owns 115,135 shares of the company’s stock worth $4,163,000 after acquiring an additional 31,889 shares in the last quarter. Amundi lifted its holdings in shares of Janus Henderson Group by 13.8% during the 1st quarter. Amundi now owns 4,177 shares of the company’s stock valued at $150,000 after purchasing an additional 506 shares in the last quarter. Jones Financial Companies Lllp grew its position in shares of Janus Henderson Group by 1,538.8% in the 1st quarter. Jones Financial Companies Lllp now owns 8,833 shares of the company’s stock valued at $319,000 after purchasing an additional 8,294 shares during the period. Goldman Sachs Group Inc. grew its position in shares of Janus Henderson Group by 16.7% in the 1st quarter. Goldman Sachs Group Inc. now owns 1,299,921 shares of the company’s stock valued at $46,992,000 after purchasing an additional 186,218 shares during the period. Finally, Jane Street Group LLC increased its stake in Janus Henderson Group by 1,924.0% during the 1st quarter. Jane Street Group LLC now owns 279,352 shares of the company’s stock worth $10,099,000 after purchasing an additional 265,550 shares in the last quarter. 87.94% of the stock is owned by institutional investors and hedge funds.

Janus Henderson Group Stock Performance

JHG opened at $51.95 on Friday. The company has a market capitalization of $8.00 billion, a price-to-earnings ratio of 10.23, a P/E/G ratio of 5.78 and a beta of 1.35. The business’s 50-day moving average price is $51.87 and its two-hundred day moving average price is $50.78. 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.

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). The firm had revenue of $541.60 million for the quarter, compared to analyst estimates of $560.37 million. Janus Henderson Group had a return on equity of 14.59% and a net margin of 24.33%.The firm’s quarterly revenue was up 11.0% on a year-over-year basis. During the same period in the prior year, the company earned $0.79 earnings per share. Equities analysts expect that Janus Henderson Group plc will post 4.39 EPS for the current fiscal year.

Analysts Set New Price Targets

Several brokerages have commented on JHG. Weiss Ratings restated a “buy (b)” rating on shares of Janus Henderson Group in a report on Wednesday, June 24th. Zacks Research cut shares of Janus Henderson Group from a “strong-buy” rating to a “hold” rating in a report on Monday, April 6th. One analyst has rated the stock with a Strong Buy rating, one has given a Buy rating and five have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus target price of $49.40.

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.