Chicago Capital Management LLC Raises Position in Janus Henderson Group plc $JHG

Chicago Capital Management LLC lifted its stake in shares of Janus Henderson Group plc (NYSE:JHG) by 21.7% during the 1st quarter, Holdings Channel reports. The institutional investor owned 213,000 shares of the company’s stock after buying an additional 38,000 shares during the period. Janus Henderson Group makes up about 0.0% of Chicago Capital Management LLC’s portfolio, making the stock its 19th largest position. Chicago Capital Management LLC’s holdings in Janus Henderson Group were worth $10,942,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also bought and sold shares of JHG. Norges Bank bought a new stake in Janus Henderson Group in the 4th quarter worth about $117,881,000. AQR Capital Management LLC lifted its position in shares of Janus Henderson Group by 92.1% during the 2nd quarter. AQR Capital Management LLC now owns 3,700,170 shares of the company’s stock worth $143,715,000 after buying an additional 1,773,964 shares in the last quarter. Hudson Bay Capital Management LP purchased a new position in shares of Janus Henderson Group in the 4th quarter worth approximately $79,861,000. Millennium Management LLC boosted its stake in shares of Janus Henderson Group by 20.3% in the 3rd quarter. Millennium Management LLC now owns 6,851,082 shares of the company’s stock worth $304,942,000 after buying an additional 1,154,481 shares during the last quarter. Finally, Soros Fund Management LLC bought a new position in shares of Janus Henderson Group in the fourth quarter valued at approximately $47,427,000. 87.94% of the stock is owned by hedge funds and other institutional investors.

Janus Henderson Group Price Performance

Shares of NYSE:JHG opened at $51.95 on Friday. Janus Henderson Group plc has a one year low of $38.67 and a one year high of $53.76. The firm has a fifty day moving average price of $51.78 and a two-hundred day moving average price of $50.25. The company has a debt-to-equity ratio of 0.07, a current ratio of 3.89 and a quick ratio of 2.51. 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.

Janus Henderson Group (NYSE:JHG) last issued 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 in the previous year, the company earned $0.79 EPS. Janus Henderson Group’s quarterly revenue was up 11.0% on a year-over-year basis. Analysts anticipate that Janus Henderson Group plc will post 4.39 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

JHG has been the subject of a number of research analyst reports. Zacks Research downgraded Janus Henderson Group from a “strong-buy” rating to a “hold” rating in a research report on Monday, April 6th. Weiss Ratings reissued a “buy (b)” rating on shares of Janus Henderson Group in a research report on Wednesday, June 24th. One investment analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating and six have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Hold” and a consensus price target of $48.29.

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.