Janus Henderson Group plc (NYSE:JHG) Shares Sold by OLD National Bancorp IN

OLD National Bancorp IN lowered its position in shares of Janus Henderson Group plc (NYSE:JHG) by 46.6% in the fourth quarter, Holdings Channel.com reports. The fund owned 108,374 shares of the company’s stock after selling 94,470 shares during the quarter. OLD National Bancorp IN’s holdings in Janus Henderson Group were worth $4,609,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in the company. Merit Financial Group LLC acquired a new stake in Janus Henderson Group during the 4th quarter worth $413,000. Mutual of America Capital Management LLC grew its stake in Janus Henderson Group by 210.6% during the 3rd quarter. Mutual of America Capital Management LLC now owns 228,276 shares of the company’s stock valued at $8,690,000 after acquiring an additional 154,778 shares in the last quarter. Verition Fund Management LLC raised its holdings in Janus Henderson Group by 156.1% in the 3rd quarter. Verition Fund Management LLC now owns 24,505 shares of the company’s stock valued at $933,000 after acquiring an additional 14,935 shares during the last quarter. Nordea Investment Management AB lifted its stake in Janus Henderson Group by 6.9% in the 4th quarter. Nordea Investment Management AB now owns 233,601 shares of the company’s stock worth $9,979,000 after purchasing an additional 14,996 shares in the last quarter. Finally, Dynamic Technology Lab Private Ltd acquired a new position in shares of Janus Henderson Group during the 3rd quarter worth approximately $1,207,000. 87.94% of the stock is owned by institutional investors and hedge funds.

Janus Henderson Group Trading Up 1.0 %

Shares of NYSE JHG opened at $43.69 on Friday. The stock has a fifty day simple moving average of $43.37 and a 200-day simple moving average of $40.11. Janus Henderson Group plc has a twelve month low of $28.52 and a twelve month high of $45.74. The company has a current ratio of 3.08, a quick ratio of 2.08 and a debt-to-equity ratio of 0.09. The stock has a market capitalization of $6.95 billion, a PE ratio of 17.27, a PEG ratio of 0.60 and a beta of 1.50.

Janus Henderson Group (NYSE:JHG) last issued its quarterly earnings results on Thursday, October 31st. The company reported $0.91 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.80 by $0.11. Janus Henderson Group had a net margin of 17.33% and a return on equity of 11.49%. The company had revenue of $624.80 million for the quarter, compared to analyst estimates of $600.88 million. During the same period in the prior year, the firm earned $0.64 earnings per share. The business’s revenue for the quarter was up 19.9% compared to the same quarter last year. On average, equities analysts forecast that Janus Henderson Group plc will post 3.42 earnings per share for the current year.

Analysts Set New Price Targets

A number of equities analysts recently commented on JHG shares. The Goldman Sachs Group upgraded Janus Henderson Group from a “sell” rating to a “neutral” rating and lifted their price objective for the stock from $42.00 to $45.00 in a research report on Monday, January 6th. JPMorgan Chase & Co. lowered their price target on shares of Janus Henderson Group from $45.00 to $44.00 and set a “neutral” rating on the stock in a research report on Tuesday, January 7th. Evercore ISI raised their price objective on shares of Janus Henderson Group from $40.00 to $43.00 and gave the stock an “in-line” rating in a research report on Thursday, November 7th. TD Cowen boosted their target price on shares of Janus Henderson Group from $46.00 to $50.00 and gave the company a “buy” rating in a report on Friday, November 1st. Finally, Deutsche Bank Aktiengesellschaft raised their price target on shares of Janus Henderson Group from $42.00 to $44.00 and gave the stock a “hold” rating in a report on Monday, November 11th. Eight analysts have rated the stock with a hold rating and one has issued a buy rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Hold” and a consensus target price of $44.75.

Janus Henderson Group 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.