Foster & Motley Inc. Acquires 24,618 Shares of Janus Henderson Group plc $JHG

Foster & Motley Inc. increased its holdings in Janus Henderson Group plc (NYSE:JHG) by 77.2% during the first quarter, Holdings Channel reports. The firm owned 56,506 shares of the company’s stock after acquiring an additional 24,618 shares during the quarter. Foster & Motley Inc.’s holdings in Janus Henderson Group were worth $2,903,000 at the end of the most recent reporting period.

Other large investors also recently bought and sold shares of the company. V Square Quantitative Management LLC purchased a new stake in shares of Janus Henderson Group in the fourth quarter worth about $25,000. Empowered Funds LLC purchased a new stake in 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 buying an additional 406 shares during the period. Hantz Financial Services Inc. boosted its holdings 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 in the last quarter. Finally, Rockefeller Capital Management L.P. boosted its stake in 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 period. Institutional investors own 87.94% of the company’s stock.

Wall Street Analyst Weigh In

Several research firms have recently commented on JHG. Weiss Ratings reiterated a “buy (b)” rating on shares of Janus Henderson Group in a research report on Wednesday. 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. One 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, the stock currently has a consensus rating of “Hold” and a consensus price target of $48.29.

Janus Henderson Group Stock Up 0.1%

Shares of Janus Henderson Group stock opened at $51.97 on Friday. The stock has a market cap of $8.01 billion, a PE ratio of 10.23, a price-to-earnings-growth ratio of 5.78 and a beta of 1.35. The business has a fifty day simple moving average of $51.74 and a 200 day simple moving average of $50.02. 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 $38.05 and a 12 month high of $53.76.

Janus Henderson Group (NYSE:JHG) last released 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 net margin of 24.33% and a return on equity of 14.59%. The firm had revenue of $541.60 million during the quarter, compared to analyst estimates of $560.37 million. During the same period in the prior year, the business earned $0.79 EPS. The business’s revenue for the quarter was up 11.0% compared to the same quarter last year. Research analysts predict that Janus Henderson Group plc will post 4.39 EPS 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.