KBC Group NV Purchases 120,946 Shares of Janus Henderson Group plc $JHG

KBC Group NV raised its position in Janus Henderson Group plc (NYSE:JHG) by 3,569.8% in the 1st quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 124,334 shares of the company’s stock after buying an additional 120,946 shares during the period. KBC Group NV owned 0.08% of Janus Henderson Group worth $6,387,000 as of its most recent filing with the SEC.

Several other hedge funds have also recently modified their holdings of the company. California Public Employees Retirement System grew its holdings in shares of Janus Henderson Group by 15.1% in the first quarter. California Public Employees Retirement System now owns 293,377 shares of the company’s stock valued at $15,071,000 after acquiring an additional 38,426 shares in the last quarter. Kera Capital Partners Inc. lifted its holdings in Janus Henderson Group by 2.0% during the first quarter. Kera Capital Partners Inc. now owns 14,409 shares of the company’s stock worth $740,000 after acquiring an additional 287 shares during the period. IMC Chicago LLC bought a new stake in Janus Henderson Group during the first quarter worth $747,000. Advisors Preferred LLC boosted its position in Janus Henderson Group by 7.1% in the first quarter. Advisors Preferred LLC now owns 54,615 shares of the company’s stock worth $2,806,000 after purchasing an additional 3,640 shares during the last quarter. Finally, Sanctuary Advisors LLC boosted its position in Janus Henderson Group by 40.4% in the first quarter. Sanctuary Advisors LLC now owns 12,672 shares of the company’s stock worth $651,000 after purchasing an additional 3,644 shares during the last quarter. Institutional investors own 87.94% of the company’s stock.

Analysts Set New Price Targets

A number of research analysts have issued reports on JHG shares. Zacks Research downgraded Janus Henderson Group from a “strong-buy” rating to a “hold” rating in a research note on Monday, April 6th. Weiss Ratings reiterated a “buy (b)” rating on shares of Janus Henderson Group in a research note on Wednesday, June 24th. One equities research analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating and five have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average target price of $49.40.

Janus Henderson Group Stock Performance

Shares of JHG stock opened at $51.95 on Thursday. The company has a 50 day moving average of $51.86 and a 200-day moving average of $50.75. The company has a quick ratio of 2.51, a current ratio of 3.89 and a debt-to-equity ratio of 0.07. Janus Henderson Group plc has a 12-month low of $38.67 and a 12-month high of $53.76. The firm has a market cap of $8.00 billion, a P/E ratio of 10.23, a PEG ratio of 5.78 and a beta of 1.35.

Janus Henderson Group (NYSE:JHG) last posted its quarterly earnings results 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 company had revenue of $541.60 million during the quarter, compared to the consensus estimate of $560.37 million. During the same period last year, the firm posted $0.79 EPS. The company’s revenue for the quarter was up 11.0% compared to the same quarter last year. Sell-side analysts anticipate that Janus Henderson Group plc will post 4.39 earnings per share for the current year.

About Janus Henderson Group

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.