Marshall Wace LLP Sells 153,181 Shares of Janus Henderson Group plc (NYSE:JHG)

Marshall Wace LLP lowered its holdings in shares of Janus Henderson Group plc (NYSE:JHG - Free Report) by 68.5% in the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 70,314 shares of the company's stock after selling 153,181 shares during the period. Marshall Wace LLP's holdings in Janus Henderson Group were worth $2,990,000 as of its most recent SEC filing.

A number of other hedge funds also recently modified their holdings of the business. Barclays PLC lifted its holdings in Janus Henderson Group by 84.0% during the 3rd quarter. Barclays PLC now owns 96,217 shares of the company's stock worth $3,663,000 after buying an additional 43,933 shares during the period. Sanctuary Advisors LLC acquired a new position in shares of Janus Henderson Group in the third quarter worth approximately $204,000. World Investment Advisors LLC bought a new stake in Janus Henderson Group in the third quarter valued at approximately $253,000. Franklin Resources Inc. increased its position in Janus Henderson Group by 11.7% during the 3rd quarter. Franklin Resources Inc. now owns 478,249 shares of the company's stock valued at $19,106,000 after purchasing an additional 50,221 shares during the period. Finally, DGS Capital Management LLC increased its position in Janus Henderson Group by 5.4% during the 3rd quarter. DGS Capital Management LLC now owns 14,032 shares of the company's stock valued at $534,000 after purchasing an additional 713 shares during the period. Institutional investors and hedge funds own 87.94% of the company's stock.

Janus Henderson Group Stock Up 2.1 %

JHG stock traded up $0.74 during midday trading on Friday, reaching $35.40. 416,993 shares of the company's stock traded hands, compared to its average volume of 1,103,626. The company has a quick ratio of 2.08, a current ratio of 3.08 and a debt-to-equity ratio of 0.08. The firm's fifty day moving average price is $35.15 and its 200-day moving average price is $40.40. Janus Henderson Group plc has a 52 week low of $28.26 and a 52 week high of $46.68. The company has a market cap of $5.58 billion, a price-to-earnings ratio of 13.83, a P/E/G ratio of 0.66 and a beta of 1.43.

Janus Henderson Group (NYSE:JHG - Get Free Report) last posted its earnings results on Thursday, May 1st. The company reported $0.79 EPS for the quarter, topping the consensus estimate of $0.72 by $0.07. Janus Henderson Group had a net margin of 16.38% and a return on equity of 12.18%. The company had revenue of $621.40 million during the quarter, compared to the consensus estimate of $623.56 million. During the same period in the previous year, the firm posted $0.71 earnings per share. The firm's revenue for the quarter was up 12.6% on a year-over-year basis. As a group, sell-side analysts forecast that Janus Henderson Group plc will post 3.75 earnings per share for the current fiscal year.

Analysts Set New Price Targets

JHG has been the topic of a number of analyst reports. Evercore ISI upped their price objective on shares of Janus Henderson Group from $33.00 to $35.00 and gave the company an "in-line" rating in a research note on Friday. Bank of America raised shares of Janus Henderson Group from a "neutral" rating to a "buy" rating and cut their price target for the company from $57.00 to $43.00 in a research report on Thursday, April 3rd. JPMorgan Chase & Co. raised Janus Henderson Group from a "neutral" rating to an "overweight" rating and lifted their price objective for the stock from $44.00 to $53.00 in a research report on Wednesday, February 5th. UBS Group upgraded Janus Henderson Group from a "neutral" rating to a "buy" rating and upped their target price for the company from $45.00 to $50.00 in a research report on Monday, February 24th. Finally, Wells Fargo & Company lowered their target price on Janus Henderson Group from $46.00 to $36.00 and set an "equal weight" rating for the company in a report on Tuesday, April 8th. Six analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of "Hold" and a consensus price target of $44.44.

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.