Carmignac Gestion Increases Stock Position in Janus Henderson Group plc $JHG

Carmignac Gestion lifted its position in shares of Janus Henderson Group plc (NYSE:JHG) by 57.3% in the first quarter, HoldingsChannel reports. The institutional investor owned 137,300 shares of the company’s stock after purchasing an additional 50,001 shares during the period. Carmignac Gestion’s holdings in Janus Henderson Group were worth $7,053,000 at the end of the most recent quarter.

Several other large investors have also made changes to their positions in the company. Rockefeller Capital Management L.P. boosted its holdings in Janus Henderson Group by 29.9% in the fourth quarter. Rockefeller Capital Management L.P. now owns 935 shares of the company’s stock valued at $44,000 after acquiring an additional 215 shares during the last quarter. Inscription Capital LLC increased its stake in Janus Henderson Group by 2.0% during the fourth quarter. Inscription Capital LLC now owns 13,938 shares of the company’s stock worth $663,000 after acquiring an additional 279 shares during the last quarter. Kera Capital Partners Inc. raised its holdings in shares of 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 period. UMB Bank n.a. raised its holdings in shares of Janus Henderson Group by 14.7% in the 4th quarter. UMB Bank n.a. now owns 2,469 shares of the company’s stock worth $117,000 after purchasing an additional 316 shares during the period. Finally, Rathbones Group PLC raised its holdings in shares of Janus Henderson Group by 3.8% in the 1st quarter. Rathbones Group PLC now owns 8,802 shares of the company’s stock worth $452,000 after purchasing an additional 323 shares during the period. 87.94% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of brokerages have recently issued reports on JHG. Zacks Research cut Janus Henderson Group from a “strong-buy” rating to a “hold” rating in a report on Monday, April 6th. Weiss Ratings restated a “buy (b)” rating on shares of Janus Henderson Group in a report on Wednesday, June 24th. One research analyst has rated the stock with a Strong Buy rating, one has given a Buy rating and five have assigned a Hold rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus price target of $49.40.

Janus Henderson Group Price Performance

Shares of Janus Henderson Group stock opened at $51.95 on Monday. The company has a fifty day moving average price of $51.89 and a 200 day moving average price of $50.95. 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 plc has a twelve month low of $38.67 and a twelve month high of $53.76. The stock has a market cap of $8.00 billion, a price-to-earnings ratio of 10.23, a price-to-earnings-growth ratio of 5.78 and a beta of 1.35.

Janus Henderson Group (NYSE:JHG) last released its quarterly earnings data on Friday, May 8th. The company reported $0.90 EPS for the quarter, missing the consensus estimate of $0.98 by ($0.08). Janus Henderson Group had a net margin of 24.33% and a return on equity of 14.59%. The company had revenue of $541.60 million during the quarter, compared to analysts’ expectations of $560.37 million. During the same period last year, the business earned $0.79 earnings per share. The company’s revenue for the quarter was up 11.0% compared to the same quarter last year. Equities research 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.