Janus Henderson Group plc $JHG Shares Purchased by Polar Asset Management Partners Inc.

Polar Asset Management Partners Inc. increased its holdings in shares of Janus Henderson Group plc (NYSE:JHG) by 322.7% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 196,553 shares of the company’s stock after buying an additional 150,053 shares during the quarter. Polar Asset Management Partners Inc. owned about 0.13% of Janus Henderson Group worth $10,097,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also recently added to or reduced their stakes in JHG. GABELLI & Co INVESTMENT ADVISERS INC. acquired a new stake in shares of Janus Henderson Group in the fourth quarter worth approximately $6,726,000. CIBRA Capital Ltd purchased a new stake in Janus Henderson Group in the fourth quarter valued at approximately $999,000. SG Americas Securities LLC increased its position in Janus Henderson Group by 926.6% during the fourth quarter. SG Americas Securities LLC now owns 290,756 shares of the company’s stock worth $13,831,000 after purchasing an additional 262,433 shares during the last quarter. Chicago Capital Management LLC acquired a new position in Janus Henderson Group during the fourth quarter worth approximately $8,325,000. Finally, Advisors Preferred LLC purchased a new position in Janus Henderson Group during the fourth quarter worth approximately $2,436,000. 87.94% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of equities analysts have weighed in on JHG shares. Weiss Ratings reiterated a “buy (b)” rating on shares of Janus Henderson Group in a report on Wednesday, June 24th. Zacks Research downgraded Janus Henderson Group from a “strong-buy” rating to a “hold” rating in a report on Monday, April 6th. One research analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating and five have given a Hold rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Hold” and an average price target of $49.40.

Janus Henderson Group Stock Performance

NYSE JHG opened at $51.95 on Monday. The firm has a market capitalization of $8.00 billion, a P/E ratio of 10.23, a P/E/G ratio of 5.78 and a beta of 1.35. 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 business’s 50-day simple moving average is $51.87 and its 200-day simple moving average is $50.81.

Janus Henderson Group (NYSE:JHG) last posted its 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). The business had revenue of $541.60 million for the quarter, compared to analyst estimates of $560.37 million. Janus Henderson Group had a return on equity of 14.59% and a net margin of 24.33%.The firm’s revenue for the quarter was up 11.0% compared to the same quarter last year. During the same period last year, the company posted $0.79 EPS. Equities analysts predict that Janus Henderson Group plc will post 4.39 EPS for the current 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.