Janus Henderson Group plc (NYSE:JHG) Given Consensus Rating of “Moderate Buy” by Brokerages

Janus Henderson Group plc (NYSE:JHG) has earned an average rating of “Moderate Buy” from the eleven research firms that are covering the firm, Marketbeat reports. Six equities research analysts have rated the stock with a hold rating, three have assigned a buy rating and two have given a strong buy rating to the company. The average 1-year target price among brokers that have covered the stock in the last year is $47.6667.

A number of brokerages have recently weighed in on JHG. Zacks Research raised Janus Henderson Group from a “hold” rating to a “strong-buy” rating in a report on Tuesday, February 10th. TD Cowen lowered Janus Henderson Group from a “buy” rating to a “hold” rating and set a $49.00 target price on the stock. in a research report on Tuesday, December 23rd. Wall Street Zen upgraded shares of Janus Henderson Group from a “hold” rating to a “buy” rating in a report on Saturday, December 20th. Morgan Stanley raised their price target on shares of Janus Henderson Group from $46.00 to $48.00 and gave the stock an “equal weight” rating in a research report on Wednesday, December 17th. Finally, Weiss Ratings reaffirmed a “buy (b)” rating on shares of Janus Henderson Group in a report on Monday, December 29th.

Insider Transactions at Janus Henderson Group

In other Janus Henderson Group news, CEO Ali Dibadj sold 127,632 shares of the company’s stock in a transaction on Tuesday, February 17th. The shares were sold at an average price of $49.12, for a total value of $6,269,283.84. Following the sale, the chief executive officer directly owned 449,078 shares of the company’s stock, valued at approximately $22,058,711.36. This represents a 22.13% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 19.60% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On Janus Henderson Group

Several institutional investors and hedge funds have recently modified their holdings of JHG. Mercer Global Advisors Inc. ADV grew its holdings in Janus Henderson Group by 13.7% during the fourth quarter. Mercer Global Advisors Inc. ADV now owns 160,172 shares of the company’s stock worth $7,619,000 after acquiring an additional 19,335 shares during the period. Caitlin John LLC acquired a new position in Janus Henderson Group in the fourth quarter valued at approximately $376,000. EP Wealth Advisors LLC purchased a new stake in Janus Henderson Group in the 4th quarter worth approximately $327,000. NewEdge Advisors LLC grew its stake in shares of Janus Henderson Group by 27.3% during the 4th quarter. NewEdge Advisors LLC now owns 6,140 shares of the company’s stock worth $292,000 after purchasing an additional 1,317 shares during the period. Finally, Empowered Funds LLC purchased a new position in shares of Janus Henderson Group during the 4th quarter valued at approximately $33,000. Institutional investors and hedge funds own 87.94% of the company’s stock.

Janus Henderson Group Trading Down 0.9%

Shares of Janus Henderson Group stock opened at $49.06 on Thursday. The firm’s 50 day simple moving average is $47.68 and its two-hundred day simple moving average is $45.16. The firm has a market capitalization of $7.58 billion, a price-to-earnings ratio of 9.33, a PEG ratio of 1.41 and a beta of 1.54. Janus Henderson Group has a 12-month low of $28.26 and a 12-month high of $49.82. The company has a current ratio of 4.02, a quick ratio of 2.15 and a debt-to-equity ratio of 0.07.

Janus Henderson Group (NYSE:JHG) last announced its quarterly earnings data on Friday, January 30th. The company reported $2.01 earnings per share for the quarter, beating analysts’ consensus estimates of $1.19 by $0.82. The firm had revenue of $996.60 million for the quarter, compared to analyst estimates of $763.09 million. Janus Henderson Group had a net margin of 25.83% and a return on equity of 14.70%. The business’s quarterly revenue was up 61.3% compared to the same quarter last year. During the same period in the previous year, the company earned $1.07 earnings per share. Analysts predict that Janus Henderson Group will post 3.75 EPS 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.