Janus Henderson Group plc $JHG Stake Cut by Bank of New York Mellon Corp

Bank of New York Mellon Corp lessened its holdings in shares of Janus Henderson Group plc (NYSE:JHG) by 2.0% during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 873,867 shares of the company’s stock after selling 17,657 shares during the quarter. Bank of New York Mellon Corp owned approximately 0.57% of Janus Henderson Group worth $44,891,000 at the end of the most recent quarter.

A number of other large investors also recently made changes to their positions in the business. V Square Quantitative Management LLC purchased a new position in shares of Janus Henderson Group during the 4th quarter valued at $25,000. Empowered Funds LLC bought a new stake in shares of Janus Henderson Group during the fourth quarter valued at approximately $33,000. Larson Financial Group LLC raised its position in Janus Henderson Group by 108.0% in the fourth quarter. Larson Financial Group LLC now owns 782 shares of the company’s stock worth $37,000 after purchasing an additional 406 shares in the last quarter. Hantz Financial Services Inc. lifted its holdings in shares of Janus Henderson Group by 114.7% during the fourth quarter. Hantz Financial Services Inc. now owns 831 shares of the company’s stock valued at $40,000 after acquiring an additional 444 shares during the period. Finally, Rockefeller Capital Management L.P. boosted its holdings in shares of Janus Henderson Group by 29.9% in the 4th quarter. Rockefeller Capital Management L.P. now owns 935 shares of the company’s stock worth $44,000 after acquiring an additional 215 shares in the last quarter. Institutional investors and hedge funds own 87.94% of the company’s stock.

Wall Street Analyst Weigh In

Several equities research analysts have recently commented on the company. 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 restated a “buy (b)” rating on shares of Janus Henderson Group in a research note on Wednesday, June 24th. One investment analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating and five have issued a Hold rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Hold” and a consensus price target of $49.40.

Janus Henderson Group Price Performance

Shares of NYSE:JHG opened at $51.95 on Friday. The company has a fifty day moving average of $51.87 and a 200-day moving average of $50.78. The company has a market capitalization of $8.00 billion, a PE ratio of 10.23, a price-to-earnings-growth ratio of 5.78 and a beta of 1.35. The company has a debt-to-equity ratio of 0.07, a quick ratio of 2.51 and a current ratio of 3.89. Janus Henderson Group plc has a 52-week low of $38.67 and a 52-week high of $53.76.

Janus Henderson Group (NYSE:JHG) last released its quarterly earnings data on Friday, May 8th. The company reported $0.90 earnings per share for the quarter, missing the consensus estimate of $0.98 by ($0.08). The firm had revenue of $541.60 million for the quarter, compared to analyst estimates of $560.37 million. Janus Henderson Group had a net margin of 24.33% and a return on equity of 14.59%. The company’s revenue was up 11.0% compared to the same quarter last year. During the same period last year, the business earned $0.79 EPS. On average, equities analysts predict that Janus Henderson Group plc will post 4.39 EPS for the current fiscal year.

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.