Janus Henderson Group (NYSE:JHG) PT Raised to $30.00

Janus Henderson Group (NYSE:JHG) had its target price upped by UBS Group from $28.00 to $30.00 in a research note issued to investors on Friday, Benzinga reports. The firm currently has a “sell” rating on the stock. UBS Group’s target price suggests a potential downside of 5.45% from the company’s previous close.

Several other equities research analysts also recently weighed in on the company. TD Cowen assumed coverage on Janus Henderson Group in a research report on Thursday, January 4th. They set a “market perform” rating and a $30.00 price target on the stock. StockNews.com raised Janus Henderson Group from a “hold” rating to a “buy” rating in a research report on Thursday, February 29th. JPMorgan Chase & Co. raised Janus Henderson Group from an “underweight” rating to a “neutral” rating and increased their price target for the stock from $28.00 to $31.00 in a research report on Friday, February 2nd. The Goldman Sachs Group increased their price target on Janus Henderson Group from $29.00 to $32.00 and gave the stock a “sell” rating in a research report on Tuesday, April 2nd. Finally, Morgan Stanley increased their price target on Janus Henderson Group from $27.00 to $28.00 and gave the stock an “equal weight” rating in a research report on Friday, January 19th. Two investment analysts have rated the stock with a sell rating, six have issued a hold rating and two have given a buy rating to the stock. According to MarketBeat, the company has a consensus rating of “Hold” and an average target price of $27.93.

Janus Henderson Group Price Performance

NYSE JHG opened at $31.73 on Friday. The company has a debt-to-equity ratio of 0.07, a current ratio of 3.89 and a quick ratio of 2.76. The stock’s fifty day moving average price is $31.58 and its 200 day moving average price is $28.47. Janus Henderson Group has a 1 year low of $22.17 and a 1 year high of $33.25. The company has a market cap of $5.12 billion, a price-to-earnings ratio of 13.39, a PEG ratio of 1.57 and a beta of 1.52.

Janus Henderson Group (NYSE:JHG) last released its earnings results on Thursday, February 1st. The company reported $0.82 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.56 by $0.26. Janus Henderson Group had a return on equity of 9.46% and a net margin of 18.39%. The firm had revenue of $568.50 million for the quarter, compared to the consensus estimate of $520.26 million. During the same period in the prior year, the firm earned $0.61 EPS. The firm’s revenue was up 10.3% on a year-over-year basis. As a group, equities research analysts forecast that Janus Henderson Group will post 2.75 earnings per share for the current year.

Insider Activity at Janus Henderson Group

In related news, CFO Roger Mj Thompson sold 30,656 shares of the firm’s stock in a transaction dated Wednesday, February 28th. The shares were sold at an average price of $30.93, for a total value of $948,190.08. Following the transaction, the chief financial officer now directly owns 126,439 shares of the company’s stock, valued at approximately $3,910,758.27. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. In related news, CFO Roger Mj Thompson sold 30,656 shares of the firm’s stock in a transaction dated Wednesday, February 28th. The shares were sold at an average price of $30.93, for a total value of $948,190.08. Following the transaction, the chief financial officer now directly owns 126,439 shares of the company’s stock, valued at approximately $3,910,758.27. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, insider Georgina Fogo sold 22,076 shares of the firm’s stock in a transaction dated Wednesday, February 28th. The shares were sold at an average price of $30.93, for a total transaction of $682,810.68. Following the completion of the transaction, the insider now directly owns 101,623 shares in the company, valued at $3,143,199.39. The disclosure for this sale can be found here. In the last three months, insiders have sold 70,133 shares of company stock valued at $2,172,459. 19.60% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of the business. Greenwood Capital Associates LLC lifted its stake in Janus Henderson Group by 0.8% in the 4th quarter. Greenwood Capital Associates LLC now owns 45,635 shares of the company’s stock worth $1,376,000 after purchasing an additional 350 shares in the last quarter. EverSource Wealth Advisors LLC lifted its stake in Janus Henderson Group by 39.7% in the 4th quarter. EverSource Wealth Advisors LLC now owns 1,299 shares of the company’s stock worth $39,000 after purchasing an additional 369 shares in the last quarter. FMR LLC raised its position in shares of Janus Henderson Group by 0.3% during the 1st quarter. FMR LLC now owns 142,741 shares of the company’s stock valued at $3,803,000 after buying an additional 448 shares during the period. Panagora Asset Management Inc. raised its position in shares of Janus Henderson Group by 7.4% during the 1st quarter. Panagora Asset Management Inc. now owns 6,695 shares of the company’s stock valued at $234,000 after buying an additional 459 shares during the period. Finally, Hexagon Capital Partners LLC raised its position in shares of Janus Henderson Group by 72.6% during the 4th quarter. Hexagon Capital Partners LLC now owns 1,210 shares of the company’s stock valued at $36,000 after buying an additional 509 shares during the period. 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.