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Janus Henderson Group plc (NYSE:JHG) shares cut by Oregon Public Employees’ Pension Fund

 

The Oregon Public Employees’ Pension Fund cut its stake in Janus Henderson Group plc (NYSE: JHG – Get Rating) stock by 20.9% during the third quarter, the company said in its latest filing with the Securities and Exchange Commission. The institutional investor owned 38,614 shares of the company after selling 10,177 shares during the period. At the time of last filing with the SEC, the Oregon Public Employees’ Pension Fund assets in the Janus Henderson Group were worth $784,000.

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Several other institutional investors and hedge funds also changed their stocks. Mitsubishi UFJ Kokusai Asset Management Co. Ltd. increased its shareholding in the Janus Henderson Group by 9.8% during the 3rd quarter. Mitsubishi UFJ Kokusai Asset Management Co. Ltd. currently owns 17,708 shares of the company worth $360,000 after purchasing an additional 1,581 shares in the most recent quarter. New Jersey General Pension Fund D increased its holdings in Janus Henderson Group stock by 13.6% during the 3rd quarter. The New Jersey D General Pension Fund now owns 96,848 shares of the company, valued at $1,967,000, after acquiring an additional 11,569 shares in the most recent quarter. US Bancorp DE increased its stake in the Janus Henderson Group by 78.2% during the 3rd quarter. US Bancorp DE currently owns 20,638 shares of the company worth $420,000 after purchasing an additional 9,054 shares in the latest quarter. Van ECK Associates Corp increased its shareholding in Janus Henderson Group by 44.9% during the 3rd quarter. Van ECK Associates Corp now owns 11,479 shares of the company worth $233,000 after purchasing an additional 3,556 shares in the latest quarter. Finally, Assenagon Asset Management SA increased its shareholding in the Janus Henderson Group by 14.8% during the 3rd quarter. Assenagon Asset Management SA now owns 69,122 shares of the company worth $1,404,000 after purchasing an additional 8,907 shares in the latest quarter. 85.01% of the shares are currently owned by hedge funds and other institutional investors.

Analyst rating changes

JHG has been the subject of a number of recent research reports. Deutsche Bank Aktiengesellschaft raised its target price for Janus Henderson Group shares from $21 to $25 and gave the stock a Hold recommendation in its report on Tuesday, November 15th. StockNews.com began coverage of Janus Henderson Group shares in a report on Wednesday, October 12th. They gave the company a Hold rating. Wells Fargo & Company initiated coverage of Janus Henderson Group shares in its report on Wednesday, December 14th. They gave the company a “below market” rating and a price target of $24. Credit Suisse Group lowered its price target for Janus Henderson Group shares from $18.00 to $17.00 and assigned the company a “below yield” rating in a report released Friday, October 28. Finally, TheStreet upgraded Janus Henderson Group’s stock from ‘c+’ to ‘b-‘ in a report released on Wednesday 14 December. Six research analysts rated the stock a sell rating, and four gave the company a hold rating. The company currently has a Downward consensus rating and an agreed price target of $20.64, according to MarketBeat.

Janus Henderson Group shares fell 1.0%

JHG shares opened at $25.94 on Wednesday. The company has a 50-day SMA of $25.10 and a 200-day SMA of $24.06. The company has a market capitalization of $4.30 billion, a P/E ratio of 10.54, and a beta of 1.47. The company has a debt to equity ratio of 0.07, a quick ratio of 2.33 and a current ratio of 3.07. Janus Henderson Group plc has a 52-week low of $19.09 and a 52-week high of $38.63.

Janus Henderson Group (NYSE:JHG – Get Rating) last released quarterly earnings data on Thursday, October 27th. The company reported earnings per share of $0.61 for the quarter, beating analysts’ consensus estimate of $0.50 by $0.11. The business’ revenue for the quarter was $512.90 million, compared to analysts’ estimates of $500.27 million. The Janus Henderson Group’s net margin was 17.16% and the return on equity was 11.27%. On average, stock market analysts expect Janus Henderson Group plc to earn 2.4 earnings per share this year.

Janus Henderson Group Profile

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Janus Henderson Group Plc is a holding company that provides asset management services. It offers investment solutions including stocks, quantitative stocks, fixed income, multi-asset strategies and alternative asset classes. The company was founded on January 23, 1998 and is headquartered in London, UK.

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