Janus Henderson Group’s (NYSE:JHG) “Hold” Rating Reiterated at Keefe, Bruyette & Woods

Janus Henderson Group (NYSE:JHG)‘s stock had its “hold” rating reiterated by stock analysts at Keefe, Bruyette & Woods in a note issued to investors on Tuesday, January 9th. They presently have a $41.00 price objective on the stock. Keefe, Bruyette & Woods’ price objective suggests a potential downside of 0.10% from the company’s previous close.

A number of other research firms have also commented on JHG. ValuEngine upgraded shares of Janus Henderson Group from a “hold” rating to a “buy” rating in a research report on Friday, October 27th. Deutsche Bank started coverage on shares of Janus Henderson Group in a research report on Tuesday, October 17th. They issued a “hold” rating and a $36.00 price objective for the company. Citigroup upgraded shares of Janus Henderson Group from a “neutral” rating to a “buy” rating and set a $39.00 price objective for the company in a research report on Thursday, November 9th. Jefferies Group restated a “hold” rating and issued a $36.00 price objective (up from $35.00) on shares of Janus Henderson Group in a research report on Tuesday, October 10th. Finally, Zacks Investment Research upgraded shares of Janus Henderson Group from a “hold” rating to a “strong-buy” rating and set a $39.00 price objective for the company in a research report on Wednesday, September 27th. Eight investment analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. The company presently has an average rating of “Hold” and a consensus target price of $36.75.

Janus Henderson Group (NYSE:JHG) traded up $0.33 on Tuesday, hitting $41.04. 486,854 shares of the stock traded hands, compared to its average volume of 609,622. The stock has a market capitalization of $8,158.53, a P/E ratio of 27.53, a price-to-earnings-growth ratio of 1.13 and a beta of 1.48. The company has a debt-to-equity ratio of 0.09, a current ratio of 2.17 and a quick ratio of 1.48. Janus Henderson Group has a 52-week low of $2.63 and a 52-week high of $41.35.

Janus Henderson Group (NYSE:JHG) last posted its earnings results on Thursday, November 9th. The company reported $0.56 earnings per share for the quarter, missing the consensus estimate of $0.60 by ($0.04). The business had revenue of $454.60 million during the quarter, compared to analysts’ expectations of $524.44 million. Janus Henderson Group had a return on equity of 10.75% and a net margin of 14.18%. Janus Henderson Group’s revenue for the quarter was up 8.4% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.52 EPS. research analysts expect that Janus Henderson Group will post 2.38 earnings per share for the current year.

A number of institutional investors have recently made changes to their positions in JHG. Bartlett & Co. LLC bought a new stake in Janus Henderson Group during the third quarter valued at approximately $101,000. First Manhattan Co. bought a new stake in Janus Henderson Group during the third quarter valued at approximately $123,000. Envestnet Asset Management Inc. bought a new stake in Janus Henderson Group during the third quarter valued at approximately $131,000. Trust Co. of Vermont bought a new stake in Janus Henderson Group during the third quarter valued at approximately $143,000. Finally, Fiduciary Trust Co. bought a new stake in Janus Henderson Group during the third quarter valued at approximately $210,000. Institutional investors and hedge funds own 46.91% 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.

Analyst Recommendations for Janus Henderson Group (NYSE:JHG)

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