Citadel Advisors LLC cut its position in shares of Henderson Group PLC (NYSE:JHG) by 54.6% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 6,346 shares of the company’s stock after selling 7,626 shares during the period. Citadel Advisors LLC’s holdings in Henderson Group were worth $243,000 at the end of the most recent quarter.
A number of other hedge funds have also recently modified their holdings of JHG. Envestnet Asset Management Inc. purchased a new position in Henderson Group during the third quarter worth about $131,000. Susquehanna International Group LLP purchased a new position in Henderson Group during the third quarter worth about $215,000. GSA Capital Partners LLP purchased a new position in Henderson Group during the third quarter worth about $216,000. Cannell Peter B & Co. Inc. purchased a new position in Henderson Group during the third quarter worth about $227,000. Finally, Zurcher Kantonalbank Zurich Cantonalbank purchased a new position in Henderson Group during the third quarter worth about $242,000. 48.55% of the stock is currently owned by institutional investors.
A number of research firms have recently issued reports on JHG. Deutsche Bank raised shares of Henderson Group from a “hold” rating to a “buy” rating and set a $41.00 price target on the stock in a research note on Tuesday, February 13th. Gabelli reissued a “hold” rating on shares of Henderson Group in a research note on Friday, February 9th. Citigroup downgraded shares of Henderson Group from a “buy” rating to a “neutral” rating and set a $41.00 price target on the stock. in a research note on Thursday, January 25th. Zacks Investment Research downgraded shares of Henderson Group from a “buy” rating to a “hold” rating in a research note on Wednesday, March 7th. Finally, ValuEngine raised shares of Henderson Group from a “hold” rating to a “buy” rating in a research note on Friday, February 9th. One investment analyst has rated the stock with a sell rating, ten have assigned a hold rating and two have issued a buy rating to the stock. The company currently has an average rating of “Hold” and a consensus target price of $37.75.
JHG traded down $0.54 during trading hours on Friday, hitting $31.66. 974,161 shares of the company’s stock were exchanged, compared to its average volume of 1,006,974. Henderson Group PLC has a 12-month low of $25.60 and a 12-month high of $41.64. The company has a market cap of $6,453.08, a P/E ratio of 13.10, a PEG ratio of 1.00 and a beta of 1.50. The company has a quick ratio of 1.53, a current ratio of 2.23 and a debt-to-equity ratio of 0.07.
Henderson Group (NYSE:JHG) last announced its earnings results on Tuesday, February 6th. The company reported $0.73 earnings per share for the quarter, topping the consensus estimate of $0.66 by $0.07. Henderson Group had a net margin of 36.34% and a return on equity of 11.45%. The firm had revenue of $505.30 million for the quarter, compared to the consensus estimate of $565.83 million. The firm’s revenue was up 21.8% on a year-over-year basis. research analysts forecast that Henderson Group PLC will post 2.94 earnings per share for the current year.
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About Henderson Group
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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