Northern Trust Corp grew its holdings in Janus Henderson Group PLC (NYSE:JHG) by 1.0% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 1,082,190 shares of the company’s stock after acquiring an additional 10,931 shares during the quarter. Northern Trust Corp’s holdings in Janus Henderson Group were worth $33,256,000 at the end of the most recent reporting period.
Other institutional investors have also made changes to their positions in the company. Bank of Montreal Can bought a new stake in shares of Janus Henderson Group in the second quarter worth about $297,000. PGGM Investments bought a new stake in shares of Janus Henderson Group in the second quarter worth about $4,763,000. Gideon Capital Advisors Inc. bought a new stake in shares of Janus Henderson Group in the second quarter worth about $262,000. BlackRock Inc. increased its holdings in shares of Janus Henderson Group by 2.3% in the second quarter. BlackRock Inc. now owns 12,465,718 shares of the company’s stock worth $383,070,000 after acquiring an additional 278,223 shares in the last quarter. Finally, Oregon Public Employees Retirement Fund bought a new stake in shares of Janus Henderson Group in the second quarter worth about $2,170,000. Institutional investors own 53.57% of the company’s stock.
NYSE:JHG opened at $23.80 on Friday. The company has a quick ratio of 2.02, a current ratio of 3.05 and a debt-to-equity ratio of 0.07. The stock has a market cap of $4.74 billion, a P/E ratio of 9.60, a PEG ratio of 0.83 and a beta of 1.38. Janus Henderson Group PLC has a 52-week low of $23.42 and a 52-week high of $41.64.
Janus Henderson Group (NYSE:JHG) last posted its quarterly earnings data on Wednesday, August 1st. The company reported $0.74 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.75 by ($0.01). The firm had revenue of $592.40 million for the quarter, compared to the consensus estimate of $610.10 million. Janus Henderson Group had a return on equity of 11.43% and a net margin of 37.79%. On average, research analysts predict that Janus Henderson Group PLC will post 2.87 earnings per share for the current year.
Several brokerages have issued reports on JHG. Deutsche Bank downgraded Janus Henderson Group from a “buy” rating to a “hold” rating and lowered their price target for the stock from $35.00 to $31.00 in a report on Wednesday, August 1st. Citigroup downgraded Janus Henderson Group from a “buy” rating to a “neutral” rating and decreased their price objective for the stock from $37.00 to $32.35 in a report on Thursday, August 2nd. TheStreet downgraded Janus Henderson Group from a “c-” rating to a “d+” rating in a report on Tuesday, October 2nd. Zacks Investment Research downgraded Janus Henderson Group from a “buy” rating to a “hold” rating in a report on Wednesday, July 11th. Finally, ValuEngine downgraded Janus Henderson Group from a “sell” rating to a “strong sell” rating in a report on Thursday, August 2nd. Four investment analysts have rated the stock with a sell rating and four have given a hold rating to the company’s stock. Janus Henderson Group currently has a consensus rating of “Hold” and a consensus target price of $33.56.
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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