Janus Henderson Group (NYSE:JHG) Price Target Raised to $41.00

Janus Henderson Group (NYSE:JHG) had its target price boosted by stock analysts at UBS Group from $37.00 to $41.00 in a report issued on Tuesday, Benzinga reports. The firm currently has a “neutral” rating on the stock. UBS Group’s price objective would suggest a potential upside of 1.69% from the stock’s current price.

Other research analysts have also issued reports about the company. StockNews.com lowered Janus Henderson Group from a “buy” rating to a “hold” rating in a research report on Friday, August 16th. Morgan Stanley boosted their price objective on shares of Janus Henderson Group from $39.00 to $42.00 and gave the company an “equal weight” rating in a report on Friday. Wells Fargo & Company increased their target price on shares of Janus Henderson Group from $37.00 to $38.00 and gave the stock an “equal weight” rating in a research note on Wednesday, October 9th. JPMorgan Chase & Co. lifted their price target on shares of Janus Henderson Group from $38.00 to $39.00 and gave the company a “neutral” rating in a research report on Friday, August 2nd. Finally, Evercore ISI upped their price objective on shares of Janus Henderson Group from $36.00 to $37.00 and gave the stock an “in-line” rating in a report on Friday, October 4th. One equities research analyst has rated the stock with a sell rating, seven have assigned a hold rating and two have assigned a buy rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and an average target price of $38.63.

Janus Henderson Group Trading Down 0.1 %

NYSE:JHG traded down $0.04 during trading hours on Tuesday, hitting $40.32. The company had a trading volume of 31,277 shares, compared to its average volume of 1,017,402. Janus Henderson Group has a 1 year low of $22.17 and a 1 year high of $41.47. The company has a market cap of $6.42 billion, a P/E ratio of 13.81, a P/E/G ratio of 0.79 and a beta of 1.50. The company has a 50-day moving average of $37.63 and a 200 day moving average of $35.06. The company has a current ratio of 4.05, a quick ratio of 2.67 and a debt-to-equity ratio of 0.07.

Janus Henderson Group (NYSE:JHG) last released its quarterly earnings data on Thursday, August 1st. The company reported $0.85 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.74 by $0.11. The firm had revenue of $588.40 million during the quarter, compared to analysts’ expectations of $568.79 million. Janus Henderson Group had a net margin of 21.02% and a return on equity of 10.76%. Janus Henderson Group’s revenue was up 13.9% compared to the same quarter last year. During the same period last year, the business earned $0.62 earnings per share. Sell-side analysts expect that Janus Henderson Group will post 3.25 earnings per share for the current year.

Insider Buying and Selling at Janus Henderson Group

In related news, major shareholder Henderson Group Plc Janus acquired 189,856 shares of Janus Henderson Group stock in a transaction dated Wednesday, July 24th. The shares were acquired at an average cost of $3.20 per share, for a total transaction of $607,539.20. Following the completion of the purchase, the insider now owns 2,081,168 shares in the company, valued at approximately $6,659,737.60. The trade was a 0.00 % increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. In related news, CFO Roger Mj Thompson sold 9,000 shares of Janus Henderson Group stock in a transaction that occurred on Tuesday, September 10th. The shares were sold at an average price of $35.38, for a total value of $318,420.00. Following the completion of the transaction, the chief financial officer now owns 139,171 shares in the company, valued at $4,923,869.98. The trade was a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, major shareholder Henderson Group Plc Janus acquired 189,856 shares of the company’s stock in a transaction on Wednesday, July 24th. The stock was purchased at an average cost of $3.20 per share, for a total transaction of $607,539.20. Following the completion of the transaction, the insider now owns 2,081,168 shares in the company, valued at approximately $6,659,737.60. The trade was a 0.00 % increase in their position. The disclosure for this purchase can be found here. Insiders sold 25,651 shares of company stock valued at $918,158 in the last 90 days. Company insiders own 19.60% of the company’s stock.

Institutional Investors Weigh In On Janus Henderson Group

Several institutional investors have recently modified their holdings of the company. Miller Howard Investments Inc. NY raised its stake in Janus Henderson Group by 2.4% in the second quarter. Miller Howard Investments Inc. NY now owns 11,928 shares of the company’s stock valued at $402,000 after buying an additional 282 shares in the last quarter. Abich Financial Wealth Management LLC raised its position in shares of Janus Henderson Group by 26.5% during the 2nd quarter. Abich Financial Wealth Management LLC now owns 1,797 shares of the company’s stock worth $61,000 after acquiring an additional 377 shares in the last quarter. GAMMA Investing LLC lifted its stake in Janus Henderson Group by 15.7% during the third quarter. GAMMA Investing LLC now owns 2,822 shares of the company’s stock worth $107,000 after purchasing an additional 382 shares during the last quarter. Graypoint LLC boosted its holdings in Janus Henderson Group by 4.2% in the second quarter. Graypoint LLC now owns 10,221 shares of the company’s stock valued at $345,000 after purchasing an additional 410 shares in the last quarter. Finally, Retirement Systems of Alabama boosted its holdings in Janus Henderson Group by 0.3% in the first quarter. Retirement Systems of Alabama now owns 166,421 shares of the company’s stock valued at $5,474,000 after purchasing an additional 439 shares in the last quarter. 87.94% of the stock is owned by hedge funds and other institutional investors.

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.