By otakuyassine3@gmail.com 
Janus Henderson Group (NYSE:JHG – Get Free Report) had its price objective raised by stock analysts at Morgan Stanley from $46.00 to $48.00 in a report issued on Friday,Benzinga reports. The firm currently has an “equal weight” rating on the stock. Morgan Stanley’s price objective indicates a potential upside of 12.94% from the company’s current price.
A number of other research firms have also issued reports on JHG. TD Cowen boosted their target price on shares of Janus Henderson Group from $46.00 to $50.00 and gave the company a “buy” rating in a research note on Friday, November 1st. The Goldman Sachs Group boosted their price objective on Janus Henderson Group from $36.00 to $37.00 and gave the stock a “sell” rating in a research report on Thursday, October 3rd. Wells Fargo & Company raised their target price on Janus Henderson Group from $41.00 to $45.00 and gave the company an “equal weight” rating in a research report on Thursday, December 12th. Deutsche Bank Aktiengesellschaft boosted their price target on Janus Henderson Group from $42.00 to $44.00 and gave the stock a “hold” rating in a research report on Monday, November 11th. Finally, UBS Group increased their price target on Janus Henderson Group from $37.00 to $41.00 and gave the stock a “neutral” rating in a research note on Tuesday, October 22nd. One investment analyst has rated the stock with a sell rating, seven have given a hold rating and one has given a buy rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus target price of $43.38.
Read Our Latest Stock Report on JHG
Janus Henderson Group Stock Performance
JHG traded up $0.80 on Friday, hitting $42.50. 533,108 shares of the company’s stock were exchanged, compared to its average volume of 1,024,778. The firm has a market cap of $6.76 billion, a PE ratio of 16.80, a P/E/G ratio of 0.62 and a beta of 1.48. The stock has a fifty day moving average of $43.00 and a two-hundred day moving average of $38.25. Janus Henderson Group has a twelve month low of $28.19 and a twelve month high of $45.74. The company has a current ratio of 3.08, a quick ratio of 2.08 and a debt-to-equity ratio of 0.09.
Janus Henderson Group (NYSE:JHG – Get Free Report) last issued its quarterly earnings data on Thursday, October 31st. The company reported $0.91 EPS for the quarter, topping analysts’ consensus estimates of $0.80 by $0.11. The firm had revenue of $624.80 million during the quarter, compared to the consensus estimate of $600.88 million. Janus Henderson Group had a return on equity of 11.49% and a net margin of 17.33%. The firm’s revenue was up 19.9% on a year-over-year basis. During the same period in the prior year, the business earned $0.64 EPS. On average, research analysts anticipate that Janus Henderson Group will post 3.43 earnings per share for the current fiscal year.
Hedge Funds Weigh In On Janus Henderson Group
Large investors have recently made changes to their positions in the business. Quarry LP lifted its stake in Janus Henderson Group by 203.6% during the third quarter. Quarry LP now owns 759 shares of the company’s stock valued at $29,000 after purchasing an additional 509 shares during the last quarter. Huntington National Bank lifted its position in shares of Janus Henderson Group by 24.5% during the 3rd quarter. Huntington National Bank now owns 1,219 shares of the company’s stock valued at $46,000 after acquiring an additional 240 shares during the last quarter. Larson Financial Group LLC boosted its stake in shares of Janus Henderson Group by 401.6% during the 2nd quarter. Larson Financial Group LLC now owns 1,249 shares of the company’s stock worth $42,000 after acquiring an additional 1,000 shares in the last quarter. Addison Advisors LLC grew its holdings in shares of Janus Henderson Group by 103.4% in the 3rd quarter. Addison Advisors LLC now owns 1,263 shares of the company’s stock worth $48,000 after acquiring an additional 642 shares during the last quarter. Finally, Farther Finance Advisors LLC raised its position in shares of Janus Henderson Group by 70.6% during the third quarter. Farther Finance Advisors LLC now owns 1,390 shares of the company’s stock worth $53,000 after purchasing an additional 575 shares during the period. Institutional investors own 87.94% of the company’s stock.
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.
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