Keefe, Bruyette & Woods restated their hold rating on shares of Janus Henderson Group (NYSE:JHG) in a report issued on Tuesday morning. They currently have a $41.00 target price on the stock.
A number of other equities research analysts also recently weighed in on the stock. Zacks Investment Research upgraded shares of Janus Henderson Group from a hold rating to a buy rating and set a $44.00 price target on the stock in a research note on Friday, January 5th. Citigroup upgraded shares of Janus Henderson Group from a neutral rating to a buy rating and set a $39.00 target price on the stock in a research note on Thursday, November 9th. ValuEngine upgraded shares of Janus Henderson Group from a hold rating to a buy rating in a research note on Friday, October 27th. Deutsche Bank began coverage on shares of Janus Henderson Group in a research note on Tuesday, October 17th. They issued a hold rating and a $36.00 target price on the stock. Finally, Jefferies Group restated a hold rating and issued a $36.00 target price (up previously from $35.00) on shares of Janus Henderson Group in a research note on Tuesday, October 10th. Eight equities research analysts have rated the stock with a hold rating and four have given a buy rating to the company’s stock. The company currently has a consensus rating of Hold and a consensus target price of $36.75.
Janus Henderson Group (JHG) traded up $0.51 on Tuesday, reaching $40.54. 834,325 shares of the company’s stock were exchanged, compared to its average volume of 804,665. Janus Henderson Group has a 1 year low of $23.90 and a 1 year high of $40.74. The company has a debt-to-equity ratio of 0.09, a current ratio of 2.17 and a quick ratio of 1.48. The firm has a market capitalization of $8,022.26, a P/E ratio of 27.20, a P/E/G ratio of 1.11 and a beta of 1.48.
Janus Henderson Group (NYSE:JHG) last posted its quarterly earnings results on Thursday, November 9th. The company reported $0.56 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.60 by ($0.04). Janus Henderson Group had a return on equity of 10.75% and a net margin of 14.18%. The business had revenue of $454.60 million for the quarter, compared to analyst estimates of $524.44 million. During the same quarter in the prior year, the firm earned $0.52 EPS. The firm’s quarterly revenue was up 8.4% on a year-over-year basis. analysts forecast that Janus Henderson Group will post 2.38 earnings per share for the current fiscal year.
Large investors have recently modified their holdings of the company. Dai Ichi Life Holdings Inc. acquired a new stake in shares of Janus Henderson Group in the 3rd quarter valued at $598,165,000. LS Investment Advisors LLC bought a new position in shares of Janus Henderson Group in the third quarter valued at about $484,000. Sit Investment Associates Inc. bought a new position in shares of Janus Henderson Group in the third quarter valued at about $746,000. Prudential Financial Inc. bought a new position in shares of Janus Henderson Group in the third quarter valued at about $9,471,000. Finally, Chicago Equity Partners LLC bought a new position in shares of Janus Henderson Group in the third quarter valued at about $423,000. Institutional investors own 46.77% of the company’s stock.
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About Janus Henderson Group
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.
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