Janus Henderson Group plc (NYSE:JHG) Receives $48.29 Average Price Target from Analysts

Shares of Janus Henderson Group plc (NYSE:JHG) have been assigned an average recommendation of “Hold” from the nine ratings firms that are covering the firm, Marketbeat Ratings reports. Six analysts have rated the stock with a hold recommendation, two have assigned a buy recommendation and one has assigned a strong buy recommendation to the company. The average 12-month price target among brokers that have updated their coverage on the stock in the last year is $48.2857.

A number of research firms recently weighed in on JHG. Weiss Ratings restated a “buy (b)” rating on shares of Janus Henderson Group in a research report on Wednesday. Zacks Research downgraded Janus Henderson Group from a “strong-buy” rating to a “hold” rating in a research report on Monday, April 6th.

Institutional Trading of Janus Henderson Group

Several hedge funds and other institutional investors have recently bought and sold shares of JHG. Royal Bank of Canada lifted its position in Janus Henderson Group by 38.3% in the first quarter. Royal Bank of Canada now owns 115,135 shares of the company’s stock valued at $4,163,000 after purchasing an additional 31,889 shares during the last quarter. Amundi lifted its position in Janus Henderson Group by 13.8% in the first quarter. Amundi now owns 4,177 shares of the company’s stock valued at $150,000 after purchasing an additional 506 shares during the last quarter. Jones Financial Companies Lllp lifted its position in Janus Henderson Group by 1,538.8% in the first quarter. Jones Financial Companies Lllp now owns 8,833 shares of the company’s stock valued at $319,000 after purchasing an additional 8,294 shares during the last quarter. Goldman Sachs Group Inc. lifted its position in Janus Henderson Group by 16.7% in the first quarter. Goldman Sachs Group Inc. now owns 1,299,921 shares of the company’s stock valued at $46,992,000 after purchasing an additional 186,218 shares during the last quarter. Finally, Jane Street Group LLC lifted its position in Janus Henderson Group by 1,924.0% in the first quarter. Jane Street Group LLC now owns 279,352 shares of the company’s stock valued at $10,099,000 after purchasing an additional 265,550 shares during the last quarter. Institutional investors own 87.94% of the company’s stock.

Janus Henderson Group Stock Performance

NYSE:JHG opened at $51.97 on Wednesday. The business has a 50 day moving average of $51.74 and a 200 day moving average of $50.06. The company has a market capitalization of $8.01 billion, a price-to-earnings ratio of 10.23, a PEG ratio of 5.78 and a beta of 1.36. Janus Henderson Group has a 1-year low of $38.05 and a 1-year high of $53.76. The company has a debt-to-equity ratio of 0.07, a current ratio of 3.89 and a quick ratio of 2.51.

Janus Henderson Group (NYSE:JHG) last released its earnings results on Friday, May 8th. The company reported $0.90 earnings per share for the quarter, missing analysts’ consensus estimates of $0.98 by ($0.08). The firm had revenue of $541.60 million during the quarter, compared to the consensus estimate of $560.37 million. Janus Henderson Group had a return on equity of 14.59% and a net margin of 24.33%.The business’s quarterly revenue was up 11.0% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.79 EPS. On average, sell-side analysts predict that Janus Henderson Group will post 4.39 earnings per share for the current fiscal year.

About Janus Henderson Group

Janus Henderson Group plc is a global asset manager offering a broad range of investment solutions across equities, fixed income, multi-asset and alternative strategies. The firm provides portfolio management services to institutional clients, financial intermediaries and individual investors. Its product lineup includes actively managed mutual funds, separate accounts and exchange-traded funds, designed to meet a variety of risk-return objectives and investment horizons.

The company was formed in May 2017 through the merger of Janus Capital Group and Henderson Group, combining decades of investment expertise in both the U.S.