Janus Henderson Group plc (NYSE:JHG) Given Consensus Rating of “Hold” by Analysts

Janus Henderson Group plc (NYSE:JHG) has been assigned an average recommendation of “Hold” from the seven research firms that are covering the stock, Marketbeat Ratings reports. Five investment analysts have rated the stock with a hold rating, one has assigned a buy rating and one has assigned a strong buy rating to the company. The average 12-month target price among brokerages that have covered the stock in the last year is $49.40.

Several research firms have recently issued reports on JHG. Zacks Research cut Janus Henderson Group from a “strong-buy” rating to a “hold” rating in a research note on Monday, April 6th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Janus Henderson Group in a research note on Wednesday, June 24th.

Institutional Investors Weigh In On Janus Henderson Group

Institutional investors and hedge funds have recently modified their holdings of the stock. JPMorgan Chase & Co. grew its holdings in Janus Henderson Group by 28.7% in the third quarter. JPMorgan Chase & Co. now owns 754,201 shares of the company’s stock worth $33,569,000 after purchasing an additional 168,241 shares during the period. GABELLI & Co INVESTMENT ADVISERS INC. purchased a new position in shares of Janus Henderson Group during the fourth quarter valued at approximately $6,726,000. CIBC Bancorp USA Inc. bought a new stake in shares of Janus Henderson Group in the 3rd quarter worth approximately $10,345,000. CIBRA Capital Ltd purchased a new stake in shares of Janus Henderson Group in the 4th quarter worth approximately $999,000. Finally, SG Americas Securities LLC grew its stake in shares of Janus Henderson Group by 926.6% in the 4th quarter. SG Americas Securities LLC now owns 290,756 shares of the company’s stock worth $13,831,000 after buying an additional 262,433 shares during the last quarter. 87.94% of the stock is owned by hedge funds and other institutional investors.

Janus Henderson Group Stock Performance

NYSE:JHG opened at $51.95 on Friday. The firm has a market capitalization of $8.00 billion, a P/E ratio of 10.23, a P/E/G ratio of 5.78 and a beta of 1.35. The company has a quick ratio of 2.51, a current ratio of 3.89 and a debt-to-equity ratio of 0.07. The company has a fifty day moving average of $51.85 and a 200 day moving average of $50.63. Janus Henderson Group has a 52 week low of $38.67 and a 52 week high of $53.76.

Janus Henderson Group (NYSE:JHG) last announced its quarterly earnings results on Friday, May 8th. The company reported $0.90 earnings per share (EPS) 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%.Janus Henderson Group’s revenue was up 11.0% on a year-over-year basis. During the same period last year, the business earned $0.79 EPS. On average, research analysts predict that Janus Henderson Group will post 4.39 earnings per share for the current year.

Janus Henderson Group Company Profile

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.