50,975 Shares in Janus Henderson Group plc $JHG Purchased by Advisors Preferred LLC

Key Points

• Advisors Preferred LLC established a new position in Janus Henderson by buying 50,975 shares in Q4, valued at about $2.44 million.
• Janus Henderson beat expectations in the latest quarter with $2.01 EPS vs. $1.19 expected and revenue of $996.6M (up 61.3% year-over-year).
• Institutional investors own about 87.94% of the stock and several large funds increased stakes, but insiders sold 146,229 shares this quarter (including the CEO's 127,632-share sale); analysts' consensus rating is "Hold" with an average price target of $48.29.

Advisors Preferred LLC acquired a new position in Janus Henderson Group plc (NYSE:JHG - Free Report) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 50,975 shares of the company's stock, valued at approximately $2,436,000.

Several other large investors also recently added to or reduced their stakes in the company. Millennium Management LLC grew its holdings in Janus Henderson Group by 20.3% during the 3rd quarter. Millennium Management LLC now owns 6,851,082 shares of the company's stock valued at $304,942,000 after buying an additional 1,154,481 shares in the last quarter. AQR Capital Management LLC grew its holdings in Janus Henderson Group by 29.7% during the 3rd quarter. AQR Capital Management LLC now owns 4,800,028 shares of the company's stock valued at $213,649,000 after buying an additional 1,099,858 shares in the last quarter. State Street Corp grew its holdings in Janus Henderson Group by 0.6% during the 2nd quarter. State Street Corp now owns 4,578,071 shares of the company's stock valued at $177,812,000 after buying an additional 28,114 shares in the last quarter. Clark Capital Management Group Inc. grew its holdings in Janus Henderson Group by 101.2% during the 3rd quarter. Clark Capital Management Group Inc. now owns 1,829,676 shares of the company's stock valued at $81,439,000 after buying an additional 920,477 shares in the last quarter. Finally, Fisher Asset Management LLC grew its holdings in Janus Henderson Group by 17.4% during the 3rd quarter. Fisher Asset Management LLC now owns 1,807,154 shares of the company's stock valued at $80,436,000 after buying an additional 268,483 shares in the last quarter. Hedge funds and other institutional investors own 87.94% of the company's stock.

Janus Henderson Group Stock Performance

NYSE:JHG opened at $51.61 on Monday. The business has a 50 day moving average of $51.29 and a 200 day moving average of $47.72. The company has a market capitalization of $7.95 billion, a price-to-earnings ratio of 9.81, a PEG ratio of 5.73 and a beta of 1.37. Janus Henderson Group plc has a 1-year low of $34.54 and a 1-year high of $53.76. The company has a debt-to-equity ratio of 0.07, a current ratio of 4.18 and a quick ratio of 2.50.

Janus Henderson Group (NYSE:JHG - Get Free Report) last released its earnings results on Friday, January 30th. The company reported $2.01 earnings per share for the quarter, topping analysts' consensus estimates of $1.19 by $0.82. The company had revenue of $996.60 million during the quarter, compared to the consensus estimate of $763.09 million. Janus Henderson Group had a return on equity of 14.70% and a net margin of 25.83%.Janus Henderson Group's quarterly revenue was up 61.3% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.07 EPS. On average, sell-side analysts predict that Janus Henderson Group plc will post 4.39 earnings per share for the current fiscal year.

Analyst Ratings Changes

A number of research firms have weighed in on JHG. Weiss Ratings reaffirmed a "buy (b)" rating on shares of Janus Henderson Group in a report on Friday, March 27th. Bank of America reiterated a "neutral" rating and set a $49.00 price target (down from $54.00) on shares of Janus Henderson Group in a research report on Monday, January 5th. Finally, Zacks Research downgraded Janus Henderson Group from a "strong-buy" rating to a "hold" rating in a research report on Monday, April 6th. One analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating and six have assigned a Hold rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of "Hold" and an average price target of $48.29.

Insider Buying and Selling

In other Janus Henderson Group news, insider Megan Podzorov sold 1,650 shares of Janus Henderson Group stock in a transaction that occurred on Tuesday, March 10th. The stock was sold at an average price of $51.24, for a total value of $84,546.00. Following the transaction, the insider directly owned 12,204 shares of the company's stock, valued at $625,332.96. The trade was a 11.91% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO Ali Dibadj sold 127,632 shares of Janus Henderson Group stock in a transaction that occurred on Tuesday, February 17th. The stock was sold at an average price of $49.12, for a total value of $6,269,283.84. Following the completion of the transaction, the chief executive officer directly owned 449,078 shares in the company, valued at $22,058,711.36. This trade represents a 22.13% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 146,229 shares of company stock worth $7,239,650 in the last quarter. 21.00% of the stock is owned by insiders.

About Janus Henderson Group

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.

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