Oregon Public Employees Retirement Fund Takes Position in Janus Henderson Group PLC (NYSE:JHG)

Oregon Public Employees Retirement Fund acquired a new position in shares of Janus Henderson Group PLC (NYSE:JHG) in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 70,624 shares of the company’s stock, valued at approximately $2,170,000.

Several other large investors have also recently made changes to their positions in the stock. Municipal Employees Retirement System of Michigan raised its holdings in shares of Janus Henderson Group by 2.7% during the first quarter. Municipal Employees Retirement System of Michigan now owns 56,044 shares of the company’s stock worth $1,854,000 after acquiring an additional 1,490 shares in the last quarter. Anchor Capital Advisors LLC raised its holdings in Janus Henderson Group by 10.7% during the first quarter. Anchor Capital Advisors LLC now owns 17,607 shares of the company’s stock valued at $583,000 after buying an additional 1,704 shares in the last quarter. Mason Street Advisors LLC raised its holdings in Janus Henderson Group by 1.9% during the first quarter. Mason Street Advisors LLC now owns 90,595 shares of the company’s stock valued at $2,998,000 after buying an additional 1,731 shares in the last quarter. Russell Investments Group Ltd. raised its holdings in Janus Henderson Group by 23.5% during the first quarter. Russell Investments Group Ltd. now owns 12,019 shares of the company’s stock valued at $396,000 after buying an additional 2,287 shares in the last quarter. Finally, American International Group Inc. raised its holdings in Janus Henderson Group by 0.7% during the second quarter. American International Group Inc. now owns 359,666 shares of the company’s stock valued at $11,053,000 after buying an additional 2,602 shares in the last quarter. Institutional investors and hedge funds own 53.57% of the company’s stock.

JHG has been the topic of several recent research reports. ValuEngine lowered Janus Henderson Group from a “sell” rating to a “strong sell” rating in a report on Thursday, August 2nd. Credit Suisse Group restated an “underperform” rating and set a $29.00 target price on shares of Janus Henderson Group in a report on Friday, August 24th. Deutsche Bank lowered Janus Henderson Group from a “buy” rating to a “hold” rating and cut their target price for the company from $35.00 to $31.00 in a report on Wednesday, August 1st. Zacks Investment Research lowered Janus Henderson Group from a “hold” rating to a “sell” rating in a report on Thursday, September 13th. Finally, Citigroup lowered Janus Henderson Group from a “buy” rating to a “neutral” rating and cut their target price for the company from $37.00 to $32.35 in a report on Thursday, August 2nd. Four investment analysts have rated the stock with a sell rating and five have issued a hold rating to the company’s stock. The stock has a consensus rating of “Hold” and an average target price of $33.91.

Shares of NYSE:JHG traded down $0.20 during midday trading on Friday, hitting $25.87. The company’s stock had a trading volume of 592,018 shares, compared to its average volume of 909,626. The company has a market cap of $5.40 billion, a P/E ratio of 10.43, a P/E/G ratio of 0.94 and a beta of 1.38. Janus Henderson Group PLC has a fifty-two week low of $25.83 and a fifty-two week high of $41.64. The company has a debt-to-equity ratio of 0.07, a quick ratio of 2.02 and a current ratio of 3.05.

Janus Henderson Group (NYSE:JHG) last issued its quarterly earnings results on Wednesday, August 1st. The company reported $0.74 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.75 by ($0.01). The business had revenue of $592.40 million during the quarter, compared to analyst estimates of $610.10 million. Janus Henderson Group had a net margin of 37.79% and a return on equity of 11.43%. As a group, equities analysts predict that Janus Henderson Group PLC will post 2.88 EPS for the current year.

About Janus Henderson Group

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: How to interpret a stock’s beta number

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

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