GABELLI & Co INVESTMENT ADVISERS INC. Buys 80,050 Shares of Janus Henderson Group plc $JHG

GABELLI & Co INVESTMENT ADVISERS INC. raised its stake in Janus Henderson Group plc (NYSE:JHG) by 56.6% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 221,450 shares of the company’s stock after acquiring an additional 80,050 shares during the quarter. Janus Henderson Group comprises approximately 1.7% of GABELLI & Co INVESTMENT ADVISERS INC.’s investment portfolio, making the stock its 16th biggest holding. GABELLI & Co INVESTMENT ADVISERS INC. owned approximately 0.14% of Janus Henderson Group worth $11,376,000 as of its most recent SEC filing.

Other institutional investors also recently modified their holdings of the company. Rockefeller Capital Management L.P. grew its stake in shares of Janus Henderson Group by 29.9% during the fourth quarter. Rockefeller Capital Management L.P. now owns 935 shares of the company’s stock valued at $44,000 after purchasing an additional 215 shares during the last quarter. Inscription Capital LLC raised its position in Janus Henderson Group by 2.0% in the 4th quarter. Inscription Capital LLC now owns 13,938 shares of the company’s stock worth $663,000 after purchasing an additional 279 shares during the last quarter. Kera Capital Partners Inc. raised its position in Janus Henderson Group by 2.0% in the 1st quarter. Kera Capital Partners Inc. now owns 14,409 shares of the company’s stock worth $740,000 after purchasing an additional 287 shares during the last quarter. UMB Bank n.a. lifted its holdings in Janus Henderson Group by 14.7% during the 4th quarter. UMB Bank n.a. now owns 2,469 shares of the company’s stock worth $117,000 after buying an additional 316 shares in the last quarter. Finally, Lido Advisors LLC lifted its holdings in Janus Henderson Group by 5.9% during the 4th quarter. Lido Advisors LLC now owns 5,829 shares of the company’s stock worth $261,000 after buying an additional 324 shares in the last quarter. 87.94% of the stock is owned by institutional investors.

Janus Henderson Group Price Performance

Janus Henderson Group stock opened at $51.95 on Friday. The firm has a market capitalization of $8.00 billion, a P/E ratio of 10.23, a PEG ratio of 5.78 and a beta of 1.35. Janus Henderson Group plc has a 1 year low of $38.67 and a 1 year high of $53.76. The business has a 50-day moving average of $51.87 and a 200-day moving average of $50.78. The company has a current ratio of 3.89, a quick ratio of 2.51 and a debt-to-equity ratio of 0.07.

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

Wall Street Analyst Weigh In

Several equities research analysts have recently commented on JHG shares. Zacks Research cut Janus Henderson Group from a “strong-buy” rating to a “hold” rating in a research note on Monday, April 6th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Janus Henderson Group in a research note on Wednesday, June 24th. One equities research analyst has rated the stock with a Strong Buy rating, one has given a Buy rating and five have given a Hold rating to the stock. According to data from MarketBeat.com, Janus Henderson Group currently has an average rating of “Hold” and a consensus price target of $49.40.

Janus Henderson Group 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.