Hsbc Holdings PLC Decreases Stock Holdings in Janus Henderson Group plc $JHG

Hsbc Holdings PLC lessened its stake in Janus Henderson Group plc (NYSE:JHG) by 87.1% in the 1st quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 75,658 shares of the company’s stock after selling 508,841 shares during the quarter. Hsbc Holdings PLC’s holdings in Janus Henderson Group were worth $3,893,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. V Square Quantitative Management LLC purchased a new position in Janus Henderson Group during the fourth quarter valued at $25,000. Empowered Funds LLC purchased a new stake in shares of Janus Henderson Group during the fourth quarter worth about $33,000. Larson Financial Group LLC increased its stake in shares of Janus Henderson Group by 108.0% during the fourth quarter. Larson Financial Group LLC now owns 782 shares of the company’s stock worth $37,000 after purchasing an additional 406 shares in the last quarter. Hantz Financial Services Inc. raised its position in shares of Janus Henderson Group by 114.7% during the 4th quarter. Hantz Financial Services Inc. now owns 831 shares of the company’s stock worth $40,000 after purchasing an additional 444 shares during the last quarter. Finally, Rockefeller Capital Management L.P. raised its position in shares of Janus Henderson Group by 29.9% during the 4th quarter. Rockefeller Capital Management L.P. now owns 935 shares of the company’s stock worth $44,000 after purchasing an additional 215 shares during the last quarter. Hedge funds and other institutional investors own 87.94% of the company’s stock.

Analyst Ratings Changes

Several equities research analysts recently issued reports on the company. Weiss Ratings reiterated a “buy (b)” rating on shares of Janus Henderson Group in a report on Wednesday, June 24th. Zacks Research cut Janus Henderson Group from a “strong-buy” rating to a “hold” rating in a report on Monday, April 6th. One investment analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating and five have assigned a Hold rating to the stock. Based on data from MarketBeat.com, Janus Henderson Group presently has a consensus rating of “Hold” and an average price target of $49.40.

Janus Henderson Group Price Performance

Shares of NYSE JHG opened at $51.95 on Friday. The firm has a 50-day simple moving average of $51.87 and a 200-day simple moving average of $50.78. The company has a quick ratio of 2.51, a current ratio of 3.89 and a debt-to-equity ratio of 0.07. The stock has a market capitalization of $8.00 billion, a price-to-earnings ratio of 10.23, a price-to-earnings-growth ratio of 5.78 and a beta of 1.35. Janus Henderson Group plc has a 52 week low of $38.67 and a 52 week high of $53.76.

Janus Henderson Group (NYSE:JHG) last issued its earnings results on Friday, May 8th. The company reported $0.90 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.98 by ($0.08). Janus Henderson Group had a net margin of 24.33% and a return on equity of 14.59%. The company had revenue of $541.60 million during the quarter, compared to analysts’ expectations of $560.37 million. During the same quarter in the previous year, the company earned $0.79 earnings per share. The firm’s quarterly revenue was up 11.0% compared to the same quarter last year. On average, equities analysts predict that Janus Henderson Group plc will post 4.39 earnings per share 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.