Billionaire Nelson Peltz’s Latest Portfolio: Top 5 Stock Picks

3. Janus Henderson Group plc (NYSE:JHG)

Number of Hedge Fund Holders: 28

Nelson Peltz’s Trian Partners’ Holdings: $1,116,010,000

Percentage of Nelson Peltz’s Trian Partners’ Portfolio: 18.68%

Stock Price as of June 29: $23.57

Janus Henderson Group plc (NYSE:JHG) is a London-based asset management company. Trian Partners is the biggest shareholder in Janus Henderson Group plc (NYSE:JHG). Nelson Peltz has been appointed to the Board of the company.

Janus Henderson Group plc (NYSE:JHG) has an attractive forward dividend yield of 6.29% as of June 29 and has recently approved a share buyback plan of $200 million to further boost shareholder returns. However, the firm is expected to face near-term headwinds due to outflows in a shaky market. On July 2, Janus Henderson Group plc (NYSE:JHG) was downgraded from Market Perform to Underperform by Michael Brown at Keefe Bruyette. The analyst also lowered the price target on Janus Henderson Group plc (NYSE:JHG) stock from $28 to $22.

Of the 912 hedge funds being tracked by Insider Monkey at the end of Q1 2022, 28 funds held a stake in Janus Henderson Group plc (NYSE:JHG).