Groupe la Francaise Makes New Investment in Janus Henderson Group plc $JHG

Groupe la Francaise acquired a new stake in Janus Henderson Group plc (NYSE:JHG) in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund acquired 11,200 shares of the company’s stock, valued at approximately $575,000.

Other large investors have also modified their holdings of the company. Western Wealth Management LLC acquired a new position in shares of Janus Henderson Group in the 1st quarter valued at $25,000. V Square Quantitative Management LLC acquired a new stake in Janus Henderson Group during the 4th quarter worth $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. Finally, 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. 87.94% of the stock is owned by institutional investors and hedge funds.

Janus Henderson Group Price Performance

Shares of NYSE:JHG opened at $51.95 on Friday. The company has a market cap of $8.00 billion, a price-to-earnings ratio of 10.23, a PEG ratio of 5.78 and a beta of 1.35. The firm’s 50-day simple moving average is $51.89 and its 200-day simple moving average is $50.93. 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 fifty-two week low of $38.67 and a fifty-two week high of $53.76.

Janus Henderson Group (NYSE:JHG) last posted its quarterly 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 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 period in the prior year, the company earned $0.79 earnings per share. The company’s revenue for the quarter was up 11.0% on a year-over-year basis. As a group, equities research analysts predict that Janus Henderson Group plc will post 4.39 earnings per share for the current year.

Analysts Set New Price Targets

Several equities research analysts have recently weighed in on the stock. Weiss Ratings reiterated a “buy (b)” rating on shares of Janus Henderson Group in a research note on Wednesday, June 24th. Zacks Research downgraded Janus Henderson Group from a “strong-buy” rating to a “hold” rating in a research note on Monday, April 6th. One 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. Based on data from MarketBeat, the stock presently has an average rating of “Hold” and an average target price of $49.40.

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.