Cibc World Market Inc. Raises Holdings in Janus Henderson Group plc $JHG

Cibc World Market Inc. grew its position in shares of Janus Henderson Group plc (NYSE:JHG) by 391.1% during the fourth quarter, Holdings Channel reports. The institutional investor owned 41,393 shares of the company’s stock after purchasing an additional 32,964 shares during the quarter. Cibc World Market Inc.’s holdings in Janus Henderson Group were worth $1,969,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors have also recently made changes to their positions in the company. Lido Advisors LLC lifted its position in shares of 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 buying an additional 324 shares during the last quarter. Sivia Capital Partners LLC lifted its position in shares of Janus Henderson Group by 34.4% during the 4th quarter. Sivia Capital Partners LLC now owns 10,188 shares of the company’s stock valued at $485,000 after buying an additional 2,609 shares during the last quarter. Goldman Sachs Group Inc. lifted its position in shares of Janus Henderson Group by 51.8% during the 4th quarter. Goldman Sachs Group Inc. now owns 2,047,357 shares of the company’s stock valued at $97,393,000 after buying an additional 698,366 shares during the last quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS lifted its holdings in Janus Henderson Group by 330.6% during the 4th quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 137,913 shares of the company’s stock worth $6,561,000 after purchasing an additional 105,887 shares in the last quarter. Finally, Norges Bank purchased a new stake in Janus Henderson Group during the 4th quarter worth about $117,881,000. Hedge funds and other institutional investors own 87.94% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of analysts recently issued reports on JHG shares. Weiss Ratings reissued a “buy (b)” rating on shares of Janus Henderson Group in a report on Friday, March 27th. Zacks Research cut Janus Henderson Group from a “strong-buy” rating to a “hold” rating in a report on Monday, April 6th. One research analyst has rated the stock with a Strong Buy rating, two have given a Buy rating and six have given a Hold rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus price target of $48.29.

Janus Henderson Group Stock Performance

Shares of JHG opened at $51.85 on Wednesday. The stock’s 50-day simple moving average is $51.64 and its 200 day simple moving average is $49.29. The stock has a market capitalization of $7.99 billion, a price-to-earnings ratio of 10.21, a price-to-earnings-growth ratio of 5.76 and a beta of 1.35. The company has a debt-to-equity ratio of 0.07, a quick ratio of 2.51 and a current ratio of 3.89. Janus Henderson Group plc has a 52-week low of $35.76 and a 52-week high of $53.76.

Janus Henderson Group (NYSE:JHG) last issued its quarterly earnings data on Friday, May 8th. The company reported $0.90 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.98 by ($0.08). The company had revenue of $541.60 million for the quarter, compared to analysts’ expectations of $560.37 million. Janus Henderson Group had a return on equity of 14.59% and a net margin of 24.33%.The business’s revenue for the quarter was up 11.0% on a year-over-year basis. During the same period last year, the company posted $0.79 EPS. Research analysts forecast that Janus Henderson Group plc will post 4.39 EPS for the current fiscal year.

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.