Renaissance Group LLC Has $6.74 Million Stock Holdings in Janus Henderson Group plc $JHG

Renaissance Group LLC increased its stake in shares of Janus Henderson Group plc (NYSE:JHG) by 13.3% in the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 141,675 shares of the company’s stock after buying an additional 16,677 shares during the period. Renaissance Group LLC owned 0.09% of Janus Henderson Group worth $6,739,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also bought and sold shares of the stock. Millennium Management LLC lifted its position in Janus Henderson Group by 20.3% during the third quarter. Millennium Management LLC now owns 6,851,082 shares of the company’s stock worth $304,942,000 after acquiring an additional 1,154,481 shares during the last quarter. AQR Capital Management LLC grew its position in shares of Janus Henderson Group by 29.7% in the third quarter. AQR Capital Management LLC now owns 4,800,028 shares of the company’s stock valued at $213,649,000 after purchasing an additional 1,099,858 shares during the last quarter. State Street Corp increased its stake in shares of 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 purchasing an additional 28,114 shares during the period. Norges Bank bought a new position in shares of Janus Henderson Group during the fourth quarter worth approximately $117,881,000. Finally, Geode Capital Management LLC lifted its holdings in Janus Henderson Group by 4.4% during the 4th quarter. Geode Capital Management LLC now owns 2,372,074 shares of the company’s stock worth $112,861,000 after purchasing an additional 100,216 shares during the last quarter. Institutional investors and hedge funds own 87.94% of the company’s stock.

Janus Henderson Group Stock Down 0.2%

Shares of JHG opened at $51.76 on Thursday. The firm has a 50 day simple moving average of $51.65 and a two-hundred day simple moving average of $49.36. The company has a debt-to-equity ratio of 0.07, a current ratio of 3.89 and a quick ratio of 2.51. Janus Henderson Group plc has a one year low of $35.76 and a one year high of $53.76. The company has a market cap of $7.97 billion, a P/E ratio of 10.19, a P/E/G ratio of 5.77 and a beta of 1.35.

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

Wall Street Analysts Forecast Growth

Several analysts recently issued reports on JHG shares. Zacks Research downgraded 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 report on Friday, March 27th. One research analyst has rated the stock with a Strong Buy rating, two have given a Buy rating and six have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Hold” and an average price target of $48.29.

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.