Janus Henderson Group PLC Acquires 37,200 Shares of Aurora Innovation, Inc. (NASDAQ:AUR)

Janus Henderson Group PLC grew its stake in Aurora Innovation, Inc. (NASDAQ:AUR) by 9.5% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 426,798 shares of the company’s stock after acquiring an additional 37,200 shares during the period. Janus Henderson Group PLC’s holdings in Aurora Innovation were worth $2,691,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also modified their holdings of the stock. Twin Tree Management LP grew its stake in shares of Aurora Innovation by 217.2% during the fourth quarter. Twin Tree Management LP now owns 4,450 shares of the company’s stock worth $28,000 after purchasing an additional 3,047 shares during the period. GPS Wealth Strategies Group LLC increased its stake in shares of Aurora Innovation by 241.7% in the 4th quarter. GPS Wealth Strategies Group LLC now owns 7,005 shares of the company’s stock valued at $44,000 after acquiring an additional 4,955 shares during the last quarter. Grimes & Company Inc. acquired a new stake in shares of Aurora Innovation in the 4th quarter valued at approximately $63,000. Yousif Capital Management LLC acquired a new stake in shares of Aurora Innovation in the 4th quarter valued at approximately $65,000. Finally, Avantax Advisory Services Inc. bought a new position in shares of Aurora Innovation during the fourth quarter worth $65,000. 44.71% of the stock is owned by institutional investors.

Aurora Innovation Stock Down 0.5%

Shares of Aurora Innovation stock opened at $6.25 on Wednesday. Aurora Innovation, Inc. has a 12-month low of $2.10 and a 12-month high of $10.77. The business’s 50 day moving average is $6.79 and its 200-day moving average is $6.85. The stock has a market cap of $10.88 billion, a P/E ratio of -13.30 and a beta of 2.76.

Aurora Innovation (NASDAQ:AUR) last announced its quarterly earnings results on Thursday, May 8th. The company reported ($0.12) EPS for the quarter, missing analysts’ consensus estimates of ($0.11) by ($0.01). On average, sell-side analysts expect that Aurora Innovation, Inc. will post -0.49 EPS for the current year.

Analyst Ratings Changes

AUR has been the topic of several research analyst reports. Cantor Fitzgerald reaffirmed an “overweight” rating and set a $10.00 price objective on shares of Aurora Innovation in a research note on Thursday, February 13th. Needham & Company LLC increased their price objective on shares of Aurora Innovation from $10.00 to $13.00 and gave the stock a “buy” rating in a research report on Friday, May 9th. The Goldman Sachs Group boosted their price objective on shares of Aurora Innovation from $6.00 to $7.00 and gave the company a “neutral” rating in a research report on Monday, May 12th. Morgan Stanley started coverage on shares of Aurora Innovation in a research note on Monday, March 3rd. They issued an “overweight” rating and a $12.00 target price for the company. Finally, Canaccord Genuity Group lifted their price target on Aurora Innovation from $10.00 to $15.00 and gave the company a “buy” rating in a research note on Friday, May 2nd. Four equities research analysts have rated the stock with a hold rating and five have given a buy rating to the company. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $10.75.

Aurora Innovation Profile

Aurora Innovation, Inc operates as a self-driving technology company in the United States. It focuses on developing Aurora Driver, a platform that brings a suite of self-driving hardware, software, and data services together to adapt and interoperate vehicles. The company was founded in 2017 and is headquartered in Pittsburgh, Pennsylvania.