Janus Henderson Group plc $JHG Shares Acquired by Hsbc Holdings PLC

Hsbc Holdings PLC lifted its holdings in shares of Janus Henderson Group plc (NYSE:JHG) by 1,064.0% during the fourth quarter, HoldingsChannel.com reports. The fund owned 584,499 shares of the company’s stock after purchasing an additional 534,285 shares during the quarter. Hsbc Holdings PLC’s holdings in Janus Henderson Group were worth $27,810,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also modified their holdings of the business. V Square Quantitative Management LLC purchased a new stake in Janus Henderson Group in the 4th quarter valued at $25,000. Empowered Funds LLC purchased a new position in Janus Henderson Group during the 4th quarter worth $33,000. Larson Financial Group LLC grew its position in Janus Henderson Group by 108.0% during the 4th quarter. Larson Financial Group LLC now owns 782 shares of the company’s stock worth $37,000 after purchasing an additional 406 shares during the last quarter. Hantz Financial Services Inc. increased its stake in Janus Henderson Group by 114.7% in the fourth quarter. Hantz Financial Services Inc. now owns 831 shares of the company’s stock valued at $40,000 after purchasing an additional 444 shares during the period. Finally, Clearstead Advisors LLC increased its stake in Janus Henderson Group by 170.4% in the third quarter. Clearstead Advisors LLC now owns 1,144 shares of the company’s stock valued at $51,000 after purchasing an additional 721 shares during the period. 87.94% of the stock is owned by institutional investors and hedge funds.

Janus Henderson Group Stock Performance

NYSE:JHG opened at $51.91 on Thursday. The firm’s fifty day moving average price is $51.72 and its 200 day moving average price is $49.95. Janus Henderson Group plc has a 1-year low of $37.18 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 firm has a market cap of $8.00 billion, a price-to-earnings ratio of 10.22, a price-to-earnings-growth ratio of 5.77 and a beta of 1.35.

Janus Henderson Group (NYSE:JHG) last announced its quarterly earnings data on Friday, May 8th. The company reported $0.90 EPS for the quarter, missing analysts’ consensus estimates of $0.98 by ($0.08). Janus Henderson Group had a return on equity of 14.59% and a net margin of 24.33%.The firm had revenue of $541.60 million for the quarter, compared to analysts’ expectations of $560.37 million. During the same quarter in the previous year, the company posted $0.79 EPS. The firm’s quarterly revenue was up 11.0% compared to the same quarter last year. On average, sell-side analysts expect that Janus Henderson Group plc will post 4.39 EPS for the current year.

Analyst Ratings Changes

A number of equities research analysts have recently commented on JHG shares. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Janus Henderson Group in a report on Friday, March 27th. Zacks Research lowered 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, two have issued a Buy rating and six have assigned a Hold rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average target price of $48.29.

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.