Janus Henderson Group PLC boosted its position in iRobot Co. (NASDAQ:IRBT) by 16.6% during the first quarter, HoldingsChannel reports. The institutional investor owned 2,789 shares of the industrial products company’s stock after acquiring an additional 398 shares during the quarter. Janus Henderson Group PLC’s holdings in iRobot were worth $328,000 as of its most recent SEC filing.

A number of other hedge funds have also recently modified their holdings of IRBT. BlackRock Inc. raised its stake in shares of iRobot by 1.0% in the 4th quarter. BlackRock Inc. now owns 3,943,958 shares of the industrial products company’s stock valued at $330,267,000 after purchasing an additional 38,284 shares in the last quarter. FMR LLC grew its position in shares of iRobot by 7.3% during the 4th quarter. FMR LLC now owns 2,589,072 shares of the industrial products company’s stock valued at $216,809,000 after buying an additional 176,245 shares during the last quarter. Baillie Gifford & Co. grew its position in shares of iRobot by 1.9% during the 4th quarter. Baillie Gifford & Co. now owns 710,334 shares of the industrial products company’s stock valued at $59,483,000 after buying an additional 13,335 shares during the last quarter. Norges Bank bought a new stake in shares of iRobot during the 4th quarter valued at about $33,787,000. Finally, Lord Abbett & CO. LLC grew its position in shares of iRobot by 5.1% during the 4th quarter. Lord Abbett & CO. LLC now owns 374,123 shares of the industrial products company’s stock valued at $31,329,000 after buying an additional 18,052 shares during the last quarter. Hedge funds and other institutional investors own 97.48% of the company’s stock.

In other iRobot news, Director Deborah G. Ellinger sold 2,000 shares of the company’s stock in a transaction dated Monday, April 15th. The shares were sold at an average price of $130.00, for a total value of $260,000.00. Following the completion of the transaction, the director now owns 16,726 shares in the company, valued at approximately $2,174,380. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, COO Christian Cerda sold 2,468 shares of the company’s stock in a transaction dated Tuesday, April 2nd. The stock was sold at an average price of $120.00, for a total transaction of $296,160.00. Following the completion of the transaction, the chief operating officer now owns 35,716 shares of the company’s stock, valued at approximately $4,285,920. The disclosure for this sale can be found here. In the last 90 days, insiders sold 90,402 shares of company stock valued at $11,198,097. 3.01% of the stock is owned by insiders.

Shares of NASDAQ:IRBT opened at $88.71 on Friday. The company has a quick ratio of 1.97, a current ratio of 3.22 and a debt-to-equity ratio of 0.11. iRobot Co. has a fifty-two week low of $61.50 and a fifty-two week high of $132.88. The stock has a market cap of $2.49 billion, a P/E ratio of 20.35, a price-to-earnings-growth ratio of 1.38 and a beta of 1.63.

iRobot (NASDAQ:IRBT) last posted its earnings results on Tuesday, April 23rd. The industrial products company reported $0.84 EPS for the quarter, topping the consensus estimate of $0.68 by $0.16. iRobot had a net margin of 8.09% and a return on equity of 17.64%. The firm had revenue of $237.66 million during the quarter, compared to analysts’ expectations of $251.40 million. During the same quarter in the prior year, the firm earned $0.71 EPS. iRobot’s quarterly revenue was up 9.5% on a year-over-year basis. On average, equities analysts expect that iRobot Co. will post 3.25 earnings per share for the current fiscal year.

A number of brokerages recently weighed in on IRBT. Zacks Investment Research downgraded shares of iRobot from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, April 10th. ValuEngine downgraded shares of iRobot from a “buy” rating to a “hold” rating in a research report on Wednesday, May 1st. JPMorgan Chase & Co. boosted their price objective on shares of iRobot from $88.00 to $100.00 and gave the company a “neutral” rating in a research report on Thursday, April 18th. BidaskClub raised shares of iRobot from a “buy” rating to a “strong-buy” rating in a research report on Thursday, February 14th. Finally, Canaccord Genuity downgraded shares of iRobot from a “buy” rating to a “hold” rating and lowered their price objective for the company from $115.00 to $114.00 in a research report on Tuesday, February 19th. They noted that the move was a valuation call. Eight equities research analysts have rated the stock with a hold rating, one has given a buy rating and two have assigned a strong buy rating to the company. The stock has a consensus rating of “Hold” and a consensus price target of $114.12.

WARNING: “iRobot Co. (IRBT) Holdings Boosted by Janus Henderson Group PLC” was posted by TheOlympiaReport and is the property of of TheOlympiaReport. If you are reading this report on another domain, it was copied illegally and reposted in violation of United States & international copyright and trademark legislation. The original version of this report can be viewed at https://theolympiareport.com/2019/05/24/irobot-co-irbt-holdings-boosted-by-janus-henderson-group-plc.html.

iRobot Profile

iRobot Corporation designs, builds, and sells robots for the consumer market worldwide. It offers Roomba floor vacuuming robots; Braava family of automatic floor mopping robots; and Mirra Pool Cleaning Robot to clean residential pools and removes debris as small as two microns from pool floors, walls, and stairs.

See Also: Asset Allocation

Want to see what other hedge funds are holding IRBT? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iRobot Co. (NASDAQ:IRBT).

Institutional Ownership by Quarter for iRobot (NASDAQ:IRBT)

Receive News & Ratings for iRobot Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iRobot and related companies with MarketBeat.com's FREE daily email newsletter.