OLD National Bancorp IN Sells 94,470 Shares of Janus Henderson Group plc (NYSE:JHG)

OLD National Bancorp IN reduced its stake in shares of Janus Henderson Group plc (NYSE:JHG) by 46.6% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 108,374 shares of the company’s stock after selling 94,470 shares during the quarter. OLD National Bancorp IN owned approximately 0.07% of Janus Henderson Group worth $4,609,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in JHG. Charles Schwab Investment Management Inc. boosted its holdings in shares of Janus Henderson Group by 0.8% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 4,446,079 shares of the company’s stock valued at $169,262,000 after buying an additional 36,711 shares in the last quarter. Geode Capital Management LLC boosted its stake in Janus Henderson Group by 0.6% in the third quarter. Geode Capital Management LLC now owns 2,124,618 shares of the company’s stock valued at $80,907,000 after acquiring an additional 12,884 shares in the last quarter. Principal Financial Group Inc. grew its holdings in Janus Henderson Group by 28.9% in the third quarter. Principal Financial Group Inc. now owns 2,081,630 shares of the company’s stock worth $79,248,000 after purchasing an additional 467,049 shares during the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its position in shares of Janus Henderson Group by 350.9% during the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 1,062,869 shares of the company’s stock worth $40,463,000 after purchasing an additional 827,132 shares in the last quarter. Finally, JPMorgan Chase & Co. lifted its holdings in shares of Janus Henderson Group by 8.3% during the 3rd quarter. JPMorgan Chase & Co. now owns 578,890 shares of the company’s stock valued at $22,038,000 after purchasing an additional 44,378 shares during the last quarter. Hedge funds and other institutional investors own 87.94% of the company’s stock.

Janus Henderson Group Trading Up 1.0 %

Janus Henderson Group stock opened at $43.69 on Friday. 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 firm has a market cap of $6.95 billion, a PE ratio of 17.27, a P/E/G ratio of 0.60 and a beta of 1.50. The stock’s 50 day simple moving average is $43.37 and its two-hundred day simple moving average is $40.11. Janus Henderson Group plc has a 12 month low of $28.52 and a 12 month high of $45.74.

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

Analyst Upgrades and Downgrades

Several research analysts recently issued reports on JHG shares. Wells Fargo & Company reduced their target price on Janus Henderson Group from $45.00 to $43.00 and set an “equal weight” rating on the stock in a research report on Tuesday, January 14th. JPMorgan Chase & Co. lowered their target price on shares of Janus Henderson Group from $45.00 to $44.00 and set a “neutral” rating for the company in a research note on Tuesday, January 7th. Morgan Stanley upped their price target on shares of Janus Henderson Group from $46.00 to $48.00 and gave the company an “equal weight” rating in a research note on Friday, December 20th. TD Cowen upped their target price on Janus Henderson Group from $46.00 to $50.00 and gave the company a “buy” rating in a research report on Friday, November 1st. Finally, Deutsche Bank Aktiengesellschaft lifted their price target on Janus Henderson Group from $42.00 to $44.00 and gave the stock a “hold” rating in a research report on Monday, November 11th. Eight research analysts have rated the stock with a hold rating and one has given a buy rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Hold” and an average price target of $44.75.

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.