232,423 Shares in Janus Henderson Group plc $JHG Purchased by CIBC Bancorp USA Inc.

CIBC Bancorp USA Inc. bought a new position in Janus Henderson Group plc (NYSE:JHG) in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The firm bought 232,423 shares of the company’s stock, valued at approximately $10,345,000. CIBC Bancorp USA Inc. owned 0.15% of Janus Henderson Group as of its most recent SEC filing.

A number of other hedge funds have also added to or reduced their stakes in JHG. Caerus Investment Advisors LLC bought a new position in shares of Janus Henderson Group in the third quarter valued at approximately $362,000. Captrust Financial Advisors grew its stake in Janus Henderson Group by 77.6% during the third quarter. Captrust Financial Advisors now owns 33,994 shares of the company’s stock valued at $1,513,000 after acquiring an additional 14,850 shares in the last quarter. Jacobs Levy Equity Management Inc. bought a new stake in Janus Henderson Group during the 3rd quarter worth approximately $435,000. Morningstar Investment Management LLC purchased a new stake in Janus Henderson Group in the 3rd quarter worth approximately $1,331,000. Finally, NewEdge Advisors LLC purchased a new stake in Janus Henderson Group in the 3rd quarter worth approximately $215,000. Hedge funds and other institutional investors own 87.94% of the company’s stock.

Insider Activity at Janus Henderson Group

In other Janus Henderson Group news, CEO Ali Dibadj sold 127,632 shares of the stock in a transaction dated Tuesday, February 17th. The shares were sold at an average price of $49.12, for a total transaction of $6,269,283.84. Following the completion of the transaction, the chief executive officer owned 449,078 shares of the company’s stock, valued at $22,058,711.36. This represents a 22.13% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Megan Podzorov sold 1,650 shares of the firm’s stock in a transaction dated Tuesday, March 10th. The shares were sold at an average price of $51.24, for a total value of $84,546.00. Following the transaction, the insider owned 12,204 shares of the company’s stock, valued at approximately $625,332.96. The trade was a 11.91% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders sold 146,229 shares of company stock valued at $7,239,650. Corporate insiders own 19.60% of the company’s stock.

Wall Street Analyst Weigh In

A number of research firms have recently commented on JHG. Weiss Ratings restated a “buy (b)” rating on shares of Janus Henderson Group in a research report on Monday, December 29th. Evercore dropped their price objective on Janus Henderson Group from $50.00 to $49.00 and set an “in-line” rating for the company in a research note on Monday, December 22nd. Zacks Research upgraded Janus Henderson Group from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, February 10th. TD Cowen lowered Janus Henderson Group from a “buy” rating to a “hold” rating and set a $49.00 target price on the stock. in a research note on Tuesday, December 23rd. Finally, Morgan Stanley raised their price target on Janus Henderson Group from $46.00 to $48.00 and gave the company an “equal weight” rating in a report on Wednesday, December 17th. Two research analysts have rated the stock with a Strong Buy rating, two have issued a Buy rating and six have assigned a Hold rating to the company. According to MarketBeat.com, Janus Henderson Group has a consensus rating of “Moderate Buy” and an average target price of $47.38.

Janus Henderson Group Stock Performance

NYSE JHG opened at $50.41 on Friday. The company has a quick ratio of 2.50, a current ratio of 4.18 and a debt-to-equity ratio of 0.07. Janus Henderson Group plc has a twelve month low of $28.26 and a twelve month high of $53.76. The business has a 50-day moving average price of $49.41 and a 200-day moving average price of $46.28. The firm has a market cap of $7.77 billion, a price-to-earnings ratio of 9.58, a price-to-earnings-growth ratio of 1.47 and a beta of 1.53.

Janus Henderson Group (NYSE:JHG) last posted its quarterly earnings results on Friday, January 30th. The company reported $2.01 EPS for the quarter, topping analysts’ consensus estimates of $1.19 by $0.82. Janus Henderson Group had a return on equity of 14.70% and a net margin of 25.83%.The company had revenue of $996.60 million for the quarter, compared to analysts’ expectations of $763.09 million. During the same period in the previous year, the firm earned $1.07 EPS. The firm’s revenue was up 61.3% compared to the same quarter last year. As a group, equities research analysts predict that Janus Henderson Group plc will post 3.75 EPS for the current fiscal year.

Janus Henderson Group 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.