Janus Henderson Group plc $JHG Shares Sold by FJ Capital Management LLC

FJ Capital Management LLC reduced its stake in Janus Henderson Group plc (NYSE:JHG) by 62.3% during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 12,090 shares of the company’s stock after selling 19,951 shares during the period. FJ Capital Management LLC’s holdings in Janus Henderson Group were worth $575,000 as of its most recent SEC filing.

Other hedge funds also recently added to or reduced their stakes in the company. V Square Quantitative Management LLC purchased a new position in Janus Henderson Group in the fourth quarter valued at approximately $25,000. Bessemer Group Inc. increased its stake in Janus Henderson Group by 134.6% in the third quarter. Bessemer Group Inc. now owns 596 shares of the company’s stock valued at $26,000 after purchasing an additional 342 shares during the last quarter. Empowered Funds LLC purchased a new position in Janus Henderson Group in the fourth quarter valued at approximately $33,000. Larson Financial Group LLC increased its stake in Janus Henderson Group by 108.0% in the fourth quarter. Larson Financial Group LLC now owns 782 shares of the company’s stock valued at $37,000 after purchasing an additional 406 shares during the last quarter. Finally, Addison Advisors LLC increased its stake in Janus Henderson Group by 42.3% in the third quarter. Addison Advisors LLC now owns 818 shares of the company’s stock valued at $36,000 after purchasing an additional 243 shares during the last quarter. 87.94% of the stock is currently owned by hedge funds and other institutional investors.

Janus Henderson Group Stock Performance

Shares of Janus Henderson Group stock opened at $51.83 on Friday. The firm has a market capitalization of $7.99 billion, a P/E ratio of 10.20, a P/E/G ratio of 5.77 and a beta of 1.35. Janus Henderson Group plc has a 52 week low of $35.76 and a 52 week high of $53.76. The company has a quick ratio of 2.51, a current ratio of 3.89 and a debt-to-equity ratio of 0.07. The firm’s 50 day moving average is $51.66 and its two-hundred day moving average is $49.44.

Janus Henderson Group (NYSE:JHG) last announced 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 analysts’ expectations of $560.37 million. Janus Henderson Group had a return on equity of 14.59% and a net margin of 24.33%.The business’s revenue was up 11.0% on a year-over-year basis. During the same quarter last year, the business posted $0.79 earnings per share. Research analysts forecast that Janus Henderson Group plc will post 4.39 EPS for the current fiscal year.

Analysts Set New Price Targets

JHG has been the topic of several recent analyst reports. Weiss Ratings reiterated a “buy (b)” rating on shares of Janus Henderson Group in a research note on Friday, March 27th. Zacks Research lowered shares of Janus Henderson Group from a “strong-buy” rating to a “hold” rating in a research note on Monday, April 6th. One investment analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating and six have given a Hold rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Hold” and an average price target of $48.29.

About Janus Henderson Group

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.