Swiss National Bank Grows Position in Janus Henderson Group PLC (NYSE:JHG)

Share on StockTwits

Swiss National Bank raised its position in shares of Janus Henderson Group PLC (NYSE:JHG) by 2.2% in the 1st quarter, Holdings Channel reports. The institutional investor owned 343,905 shares of the company’s stock after buying an additional 7,300 shares during the period. Swiss National Bank’s holdings in Janus Henderson Group were worth $8,591,000 as of its most recent SEC filing.

Several other hedge funds have also recently added to or reduced their stakes in JHG. Dimensional Fund Advisors LP grew its stake in shares of Janus Henderson Group by 11.1% during the 1st quarter. Dimensional Fund Advisors LP now owns 3,909,996 shares of the company’s stock worth $97,671,000 after purchasing an additional 391,940 shares during the period. DekaBank Deutsche Girozentrale acquired a new stake in shares of Janus Henderson Group during the 1st quarter worth approximately $738,000. River & Mercantile Asset Management LLP grew its stake in shares of Janus Henderson Group by 32.5% during the 1st quarter. River & Mercantile Asset Management LLP now owns 207,990 shares of the company’s stock worth $5,199,000 after purchasing an additional 51,000 shares during the period. PNC Financial Services Group Inc. grew its stake in shares of Janus Henderson Group by 47.3% during the 1st quarter. PNC Financial Services Group Inc. now owns 6,027 shares of the company’s stock worth $150,000 after purchasing an additional 1,934 shares during the period. Finally, BlackRock Inc. grew its stake in shares of Janus Henderson Group by 37.1% during the 1st quarter. BlackRock Inc. now owns 15,985,123 shares of the company’s stock worth $399,310,000 after purchasing an additional 4,324,823 shares during the period. 62.34% of the stock is owned by institutional investors and hedge funds.

A number of brokerages have recently commented on JHG. Zacks Investment Research raised shares of Janus Henderson Group from a “hold” rating to a “buy” rating and set a $28.00 price objective on the stock in a research note on Wednesday, April 10th. TheStreet raised shares of Janus Henderson Group from a “d+” rating to a “c-” rating in a research note on Thursday, April 18th. Goldman Sachs Group cut shares of Janus Henderson Group from a “neutral” rating to a “sell” rating in a research note on Friday, May 3rd. Macquarie cut shares of Janus Henderson Group from an “outperform” rating to a “neutral” rating in a research note on Thursday, May 2nd. Finally, ValuEngine cut shares of Janus Henderson Group from a “sell” rating to a “strong sell” rating in a research note on Tuesday, April 9th. Four investment analysts have rated the stock with a sell rating and six have given a hold rating to the company. The stock currently has a consensus rating of “Hold” and an average price target of $28.13.

Shares of NYSE:JHG opened at $21.47 on Friday. Janus Henderson Group PLC has a 1 year low of $19.00 and a 1 year high of $33.04. The company has a market cap of $4.18 billion, a PE ratio of 7.84, a price-to-earnings-growth ratio of 1.18 and a beta of 1.27. The company has a debt-to-equity ratio of 0.07, a quick ratio of 1.94 and a current ratio of 2.74.

Janus Henderson Group (NYSE:JHG) last announced its earnings results on Thursday, May 2nd. The company reported $0.56 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.59 by ($0.03). Janus Henderson Group had a net margin of 20.23% and a return on equity of 10.47%. The business had revenue of $519.30 million for the quarter, compared to analysts’ expectations of $524.37 million. During the same quarter last year, the business earned $0.71 EPS. The company’s quarterly revenue was down 11.6% on a year-over-year basis. Sell-side analysts expect that Janus Henderson Group PLC will post 2.47 EPS for the current fiscal year.

The firm also recently announced a quarterly dividend, which was paid on Wednesday, May 29th. Stockholders of record on Monday, May 13th were given a dividend of $0.36 per share. The ex-dividend date of this dividend was Friday, May 10th. This represents a $1.44 dividend on an annualized basis and a dividend yield of 6.71%. Janus Henderson Group’s dividend payout ratio (DPR) is 52.55%.

ILLEGAL ACTIVITY WARNING: This piece of content was originally reported by Equities Focus and is the property of of Equities Focus. If you are viewing this piece of content on another website, it was stolen and republished in violation of international trademark & copyright legislation. The legal version of this piece of content can be viewed at https://www.equitiesfocus.com/2019/06/14/swiss-national-bank-grows-position-in-janus-henderson-group-plc-nysejhg.html.

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.

Further Reading: What is the Consumer Price Index (CPI)?

Want to see what other hedge funds are holding JHG? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Janus Henderson Group PLC (NYSE:JHG).

Institutional Ownership by Quarter for Janus Henderson Group (NYSE:JHG)

Receive News & Ratings for Janus Henderson Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Janus Henderson Group and related companies with MarketBeat.com's FREE daily email newsletter.