12,183 Shares in Janus Henderson Group plc $JHG Bought by Bull Harbor Capital LLC

Bull Harbor Capital LLC bought a new position in shares of Janus Henderson Group plc (NYSE:JHG) during the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The fund bought 12,183 shares of the company’s stock, valued at approximately $626,000.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. GABELLI & Co INVESTMENT ADVISERS INC. purchased a new stake in Janus Henderson Group in the fourth quarter valued at approximately $6,726,000. Chicago Capital Management LLC purchased a new position in Janus Henderson Group during the 4th quarter worth approximately $8,325,000. Advisors Preferred LLC acquired a new stake in Janus Henderson Group during the 4th quarter valued at approximately $2,436,000. Ruffer LLP lifted its stake in Janus Henderson Group by 42.3% during the 4th quarter. Ruffer LLP now owns 139,713 shares of the company’s stock valued at $6,656,000 after acquiring an additional 41,556 shares during the period. Finally, Kestra Investment Management LLC boosted its holdings in shares of Janus Henderson Group by 567.6% in the 4th quarter. Kestra Investment Management LLC now owns 68,903 shares of the company’s stock valued at $3,278,000 after acquiring an additional 58,582 shares during the last quarter. 87.94% of the stock is owned by institutional investors and hedge funds.

Janus Henderson Group Stock Performance

Janus Henderson Group stock opened at $51.95 on Friday. The firm has a market cap of $8.00 billion, a PE ratio of 10.23, a P/E/G ratio of 5.78 and a beta of 1.35. Janus Henderson Group plc has a 12 month low of $38.67 and a 12 month high of $53.76. The stock’s 50 day simple moving average is $51.89 and its two-hundred day simple moving average is $50.92. The company has a current ratio of 3.89, a quick ratio of 2.51 and a debt-to-equity ratio of 0.07.

Janus Henderson Group (NYSE:JHG) last posted its earnings results 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 analysts’ expectations of $560.37 million. Janus Henderson Group had a net margin of 24.33% and a return on equity of 14.59%. Janus Henderson Group’s revenue for the quarter was up 11.0% compared to the same quarter last year. During the same period last year, the firm earned $0.79 earnings per share. Analysts anticipate that Janus Henderson Group plc will post 4.39 earnings per share for the current year.

Analysts Set New Price Targets

A number of analysts have recently weighed in on JHG shares. Zacks Research lowered shares of Janus Henderson Group from a “strong-buy” rating to a “hold” rating in a research note on Monday, April 6th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Janus Henderson Group in a report on Wednesday, June 24th. One analyst has rated the stock with a Strong Buy rating, one has given a Buy rating and five have assigned a Hold rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Hold” and an average price target of $49.40.

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.