Silchester International Investor has recently announced that it has increased stake in Janus Henderson Group plc (NYSE:JHG) by 27.83%. After grabbing 11.84 million shares, the institutional investor is now in possession of 2.58 million shares of the Financial Company. The new investment brought the stake of investor firm to 7.15% having worth around $269.56 million. Moreover, Capital Research & Management Co increased its share by 2.63 million to have a control over 7.23 million shares. And Dimensional Fund Advisors LP raised its holdings to 0.48 million shares by acquiring 4.94 million shares or 2.98% of the stake.
Janus Henderson Group plc (JHG) concluded trading on 11/23/22 at a closing price of $25.02, with 0.47 million shares of worth about $11.88 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -6.85% during that period and on Wednesday the price saw a gain of about 0.32%. Currently the company’s common shares owned by public are about 165.66M shares, out of which, 164.63M shares are available for trading.
According to filings with the U.S. Securities and Exchange Commission (SEC), insiders took part in trade of the company’s stock for 102 times over the past 12 months. They bought 11,505,066 shares in 62 of the transactions. In 40 selling transactions, insiders dumped 877,431 shares.
American Funds Small Cap World Fu, iShares Tr. – Select Dividend ETF, and Vanguard Total Stock Market Index are the top 3 mutual funds which are holding stakes in Janus Henderson Group plc American Funds Small Cap World Fu is currently holding 5.65 million shares of worth totaling $128.65 million. The company recently came buying 2.35 million shares which brought its stake up to 3.41% of the company’s outstanding shares. iShares Tr. – Select Dividend ETF bought 1205.0 shares, after which its hold over company’s outstanding shares expand to 2.66%, leaving 4.41 million shares with the mutual fund that have a worth of about $100.41 million. Vanguard Total Stock Market Index, after buying 4.01 million shares, have now control over 2.42% of the stake in the company. It holds 58628.0 shares of worth $91.3 million.
Janus Henderson Group plc (NYSE: JHG) started trading at $24.75, below -$0.19 from concluding price of the previous day. However, the stock later moved at a day high price of 25.06, or with a gain of 0.32%. Stock saw a price change of -1.26% in past 5 days and over the past one month there was a price change of 11.60%. Year-to-date (YTD), JHG shares are showing a performance of -40.34% which decreased to -46.19% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $19.09 but also hit the highest price of $46.76 during that period. The average intraday trading volume for Janus Henderson Group plc shares is 1.41 million. The stock is currently trading 5.24% above its 20-day simple moving average (SMA20), while that difference is up 11.18% for SMA50 and it goes to -7.64% lower than SMA200.
Silchester International Investor acquired 11.84 million shares of Janus Henderson Group plc having value of about $269.56 million. Data submitted at the U.S SEC by Silchester International Investor revealed that the firm now holds 2.58 million shares in the company valued at close to $64480793.4, or have control over 27.83% stake in the company. Janus Henderson Group plc (NYSE: JHG) currently have 165.66M outstanding shares and institutions hold larger chunk of about 87.00% of that. Holding of mutual funds in the company is about 36.90% while other institutional holders and individual stake holders have control over 49.57% and 20.38% of the stake respectively.
The stock has a current market capitalization of $4.24B and its 3Y-monthly beta is at 1.47. PE ratio of stock for trailing 12 months is 9.53, while it has posted earnings per share of $2.63 in the same period. It has Quick Ratio of 3.10 while making debt-to-equity ratio of 0.07. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for JHG, volatility over the week remained 2.79% while standing at 3.54% over the month.
Analysts are in expectations that Janus Henderson Group plc (JHG) stock would likely to be making an EPS of $0.41 in the current quarter, while forecast for next quarter EPS is $0.44 and it is $2.05 for next year. For the current quarter EPS, analysts have given the company a lowest target $0.38 which is $0.43 at the higher side of the target for the same. When we compare those targets with actual EPS, we find that company posted an EPS of $1.05 in the same quarter a year ago. Stock’s fiscal year EPS is expected to rise by 311.30% while it is estimated to decrease by -19.46% in next year.
Analysts at 9 brokerage firms have issued recommendations for the Janus Henderson Group plc (JHG)’s stock and average of those rates the stock at a “Hold” and assign it a score of 3.70. Out of those 9 Wall Street analysts, 0 recommended a “Buy” rating, while 4 were in favor recommending the stock as a “Hold” and 5 analyst recommended the stock as “Sell”.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by Credit Suisse on October 19, 2022 offering an Underperform rating for the stock and assigned a target price range of between $19 and $18 to it. Coverage by Credit Suisse stated Janus Henderson Group plc (JHG) stock as an Underperform in their note to investors on October 05, 2022, suggesting a price target of $19 for the stock. On September 07, 2022, BofA Securities Resumed their recommendations, while on July 29, 2022, Citigroup Downgrade their ratings for the stock with a price target of $22.10. Stock get an Underweight rating from JP Morgan on July 18, 2022.