Picton Mahoney Asset Management Increases Position in Janus Henderson Group plc $JHG

Picton Mahoney Asset Management grew its holdings in Janus Henderson Group plc (NYSE:JHG) by 72,725.8% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 22,576 shares of the company’s stock after purchasing an additional 22,545 shares during the quarter. Picton Mahoney Asset Management’s holdings in Janus Henderson Group were worth $1,004,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also made changes to their positions in JHG. Charles Schwab Investment Management Inc. increased its holdings in shares of Janus Henderson Group by 3.2% in the second quarter. Charles Schwab Investment Management Inc. now owns 5,102,005 shares of the company’s stock valued at $198,162,000 after purchasing an additional 155,947 shares during the last quarter. State Street Corp boosted its stake in Janus Henderson Group by 0.6% during the second quarter. State Street Corp now owns 4,578,071 shares of the company’s stock worth $177,812,000 after buying an additional 28,114 shares during the last quarter. AQR Capital Management LLC boosted its stake in Janus Henderson Group by 92.1% during the second 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. Norges Bank purchased a new stake in Janus Henderson Group in the 2nd quarter valued at $86,180,000. Finally, Qube Research & Technologies Ltd increased its stake in shares of Janus Henderson Group by 8.7% in the 2nd quarter. Qube Research & Technologies Ltd now owns 1,856,228 shares of the company’s stock worth $72,096,000 after acquiring an additional 148,132 shares during the last quarter. 87.94% of the stock is currently owned by institutional investors and hedge funds.

Janus Henderson Group Trading Down 0.3%

NYSE JHG opened at $51.35 on Friday. The company has a debt-to-equity ratio of 0.07, a quick ratio of 2.50 and a current ratio of 4.18. The firm has a market cap of $7.91 billion, a price-to-earnings ratio of 9.76, a PEG ratio of 1.47 and a beta of 1.53. The firm has a 50 day simple moving average of $48.80 and a 200-day simple moving average of $45.79. Janus Henderson Group plc has a one year low of $28.26 and a one year high of $53.76.

Janus Henderson Group (NYSE:JHG) last announced its earnings results on Friday, January 30th. The company reported $2.01 earnings per share for the quarter, topping the consensus estimate of $1.19 by $0.82. Janus Henderson Group had a net margin of 25.83% and a return on equity of 14.70%. The firm had revenue of $996.60 million for the quarter, compared to the consensus estimate of $763.09 million. During the same period in the prior year, the firm earned $1.07 EPS. The firm’s revenue for the quarter was up 61.3% on a year-over-year basis. Equities research analysts anticipate that Janus Henderson Group plc will post 3.75 EPS for the current fiscal year.

Insider Buying and Selling at Janus Henderson Group

In other Janus Henderson Group news, CTO William B. Cassidy sold 16,947 shares of the company’s stock in a transaction dated Friday, February 27th. The stock was sold at an average price of $52.27, for a total transaction of $885,819.69. Following the sale, the chief technology officer owned 118,939 shares in the company, valued at $6,216,941.53. This represents a 12.47% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, 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 value of $6,269,283.84. Following the completion of the sale, the chief executive officer directly owned 449,078 shares in the company, valued at $22,058,711.36. This represents a 22.13% decrease in their position. The disclosure for this sale is available in the SEC filing. 19.60% of the stock is currently owned by company insiders.

Analysts Set New Price Targets

Several research analysts have recently commented on the company. Morgan Stanley lifted their price target on Janus Henderson Group from $46.00 to $48.00 and gave the stock an “equal weight” rating in a report on Wednesday, December 17th. TD Cowen cut shares of Janus Henderson Group from a “buy” rating to a “hold” rating and set a $49.00 price objective for the company. in a research report on Tuesday, December 23rd. Wall Street Zen raised shares of Janus Henderson Group from a “hold” rating to a “buy” rating in a research note on Saturday, December 20th. Weiss Ratings reiterated a “buy (b)” rating on shares of Janus Henderson Group in a report on Monday, December 29th. Finally, Evercore cut their price target on shares of Janus Henderson Group from $50.00 to $49.00 and set an “in-line” rating for the company in a report on Monday, December 22nd. Two equities research analysts have rated the stock with a Strong Buy rating, two have issued a Buy rating and six have given a Hold rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $47.38.

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.