California Public Employees Retirement System Acquires 38,426 Shares of Janus Henderson Group plc $JHG

California Public Employees Retirement System boosted its stake in shares of Janus Henderson Group plc (NYSE:JHG) by 15.1% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 293,377 shares of the company’s stock after purchasing an additional 38,426 shares during the quarter. California Public Employees Retirement System owned about 0.19% of Janus Henderson Group worth $15,071,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. Norges Bank bought a new position in shares of Janus Henderson Group during the fourth quarter worth approximately $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 during the last quarter. Hudson Bay Capital Management LP acquired a new stake in shares of Janus Henderson Group in the 4th quarter valued at approximately $79,861,000. Soros Fund Management LLC acquired a new stake in Janus Henderson Group in the fourth quarter valued at approximately $47,427,000. Finally, Quinn Opportunity Partners LLC bought a new stake in Janus Henderson Group during the 4th quarter worth $46,904,000. Institutional investors and hedge funds own 87.94% of the company’s stock.

Janus Henderson Group Stock Performance

Shares of JHG opened at $51.95 on Friday. The stock’s fifty day moving average price is $51.87 and its two-hundred day moving average price is $50.78. Janus Henderson Group plc has a 1 year low of $38.67 and a 1 year high of $53.76. 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 firm has a market cap of $8.00 billion, a PE ratio of 10.23, a PEG ratio of 5.78 and a beta of 1.35.

Janus Henderson Group (NYSE:JHG) last announced its quarterly earnings results on Friday, May 8th. The company reported $0.90 earnings per share (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 firm had revenue of $541.60 million during the quarter, compared to analysts’ expectations of $560.37 million. During the same period in the previous year, the company posted $0.79 earnings per share. The company’s quarterly revenue was up 11.0% compared to the same quarter last year. On average, equities research analysts forecast that Janus Henderson Group plc will post 4.39 EPS for the current year.

Wall Street Analyst Weigh In

Several brokerages have recently weighed in on JHG. Zacks Research cut Janus Henderson Group from a “strong-buy” rating to a “hold” rating in a research note on Monday, April 6th. Weiss Ratings reissued a “buy (b)” rating on shares of Janus Henderson Group in a research note on Wednesday, June 24th. One research analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating and five have assigned a Hold rating to the stock. According to MarketBeat.com, Janus Henderson Group currently has an average rating of “Hold” and an average price target of $49.40.

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.