JCP Investment Management LLC Acquires New Stake in Janus Henderson Group plc $JHG

JCP Investment Management LLC bought a new position in Janus Henderson Group plc (NYSE:JHG) in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 28,000 shares of the company’s stock, valued at approximately $1,438,000. Janus Henderson Group accounts for 1.0% of JCP Investment Management LLC’s investment portfolio, making the stock its 17th largest holding.

A number of other large investors have also recently added to or reduced their stakes in the company. Norges Bank acquired a new stake in shares of Janus Henderson Group in the 4th quarter valued at about $117,881,000. AQR Capital Management LLC lifted its holdings in shares of Janus Henderson Group by 92.1% in the second quarter. AQR Capital Management LLC now owns 3,700,170 shares of the company’s stock valued at $143,715,000 after purchasing an additional 1,773,964 shares in the last quarter. Hudson Bay Capital Management LP acquired a new position in shares of Janus Henderson Group during the fourth quarter worth about $79,861,000. Soros Fund Management LLC acquired a new position in Janus Henderson Group during the 4th quarter worth approximately $47,427,000. Finally, Quinn Opportunity Partners LLC acquired a new position in Janus Henderson Group during the fourth quarter worth $46,904,000. Institutional investors own 87.94% of the company’s stock.

Wall Street Analyst Weigh In

Several brokerages recently commented on JHG. Zacks Research downgraded Janus Henderson Group from a “strong-buy” rating to a “hold” rating in a research note on Monday, April 6th. Weiss Ratings reiterated a “buy (b)” rating on shares of Janus Henderson Group in a research note on Wednesday, June 24th. One investment analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating and five have given a Hold rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus target price of $49.40.

Janus Henderson Group Price Performance

Shares of NYSE JHG opened at $51.95 on Monday. The company has a debt-to-equity ratio of 0.07, a quick ratio of 2.51 and a current ratio of 3.89. Janus Henderson Group plc has a 52 week low of $38.67 and a 52 week high of $53.76. The stock 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. The stock’s fifty day moving average is $51.87 and its 200 day moving average is $50.81.

Janus Henderson Group (NYSE:JHG) last issued its earnings results on Friday, May 8th. The company reported $0.90 EPS for the quarter, missing the consensus estimate of $0.98 by ($0.08). The firm had revenue of $541.60 million during the quarter, compared to analyst estimates of $560.37 million. Janus Henderson Group had a net margin of 24.33% and a return on equity of 14.59%. Janus Henderson Group’s quarterly revenue was up 11.0% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.79 earnings per share. Sell-side analysts forecast that Janus Henderson Group plc will post 4.39 earnings per share for the current fiscal year.

Janus Henderson Group Company 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.