Sit Investment Associates Inc. lowered its holdings in Janus Henderson Group plc (NYSE:JHG) by 27.1% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 15,623 shares of the company’s stock after selling 5,800 shares during the quarter. Sit Investment Associates Inc.’s holdings in Janus Henderson Group were worth $598,000 as of its most recent SEC filing.
Other large investors have also bought and sold shares of the company. Bartlett & Co. LLC purchased a new stake in Janus Henderson Group in the third quarter valued at $101,000. First Manhattan Co. purchased a new stake in Janus Henderson Group in the third quarter valued at $123,000. Envestnet Asset Management Inc. purchased a new stake in Janus Henderson Group in the third quarter valued at $131,000. Trust Co. of Vermont purchased a new stake in Janus Henderson Group in the third quarter valued at $143,000. Finally, Fiduciary Trust Co. purchased a new stake in Janus Henderson Group in the third quarter valued at $210,000. Institutional investors own 46.91% of the company’s stock.
Shares of Janus Henderson Group plc (NYSE JHG) opened at $40.54 on Tuesday. Janus Henderson Group plc has a one year low of $23.90 and a one year high of $40.74. The company has a quick ratio of 1.48, a current ratio of 2.17 and a debt-to-equity ratio of 0.09. The firm has a market capitalization of $8,124.46, a price-to-earnings ratio of 27.20, a PEG ratio of 1.12 and a beta of 1.48.
Janus Henderson Group (NYSE:JHG) last issued its quarterly earnings data on Thursday, November 9th. The company reported $0.56 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.60 by ($0.04). Janus Henderson Group had a net margin of 14.18% and a return on equity of 10.75%. The firm had revenue of $454.60 million during the quarter, compared to analyst estimates of $524.44 million. During the same period in the previous year, the firm posted $0.52 earnings per share. The company’s quarterly revenue was up 8.4% compared to the same quarter last year. sell-side analysts predict that Janus Henderson Group plc will post 2.38 EPS for the current fiscal year.
A number of equities research analysts have commented on JHG shares. Zacks Investment Research upgraded Janus Henderson Group from a “hold” rating to a “buy” rating and set a $44.00 target price on the stock in a research report on Friday, January 5th. Citigroup upgraded Janus Henderson Group from a “neutral” rating to a “buy” rating and set a $39.00 target price on the stock in a research report on Thursday, November 9th. ValuEngine upgraded Janus Henderson Group from a “hold” rating to a “buy” rating in a research report on Friday, October 27th. Keefe, Bruyette & Woods restated a “hold” rating and issued a $41.00 target price on shares of Janus Henderson Group in a research report on Tuesday, January 9th. Finally, Deutsche Bank initiated coverage on Janus Henderson Group in a research report on Tuesday, October 17th. They issued a “hold” rating and a $36.00 target price on the stock. Eight investment analysts have rated the stock with a hold rating and four have given a buy rating to the company. The stock presently has a consensus rating of “Hold” and an average target price of $36.75.
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Janus Henderson Group Company Profile
Janus Henderson Group plc is an asset management holding entity. Through its subsidiaries, the firm provides services to institutional, retail clients, and high net worth clients. It manages separate client-focused equity and fixed income portfolios. The firm also manages equity, fixed income, and balanced mutual funds for its clients.
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