Analysts Set Janus Henderson Group plc (NYSE:JHG) PT at $47.67

Janus Henderson Group plc (NYSE:JHG) has been assigned a consensus recommendation of “Hold” from the eleven analysts that are covering the firm, Marketbeat reports. Seven research analysts have rated the stock with a hold rating, three have assigned a buy rating and one has given a strong buy rating to the company. The average 1-year target price among brokerages that have covered the stock in the last year is $47.6667.

JHG has been the subject of a number of research reports. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Janus Henderson Group in a report on Monday, December 29th. Bank of America restated a “neutral” rating and set a $49.00 price objective (down from $54.00) on shares of Janus Henderson Group in a research note on Monday, January 5th. TD Cowen lowered shares of Janus Henderson Group from a “buy” rating to a “hold” rating and set a $49.00 price objective on the stock. in a research note on Tuesday, December 23rd. Evercore ISI reduced their target price on shares of Janus Henderson Group from $50.00 to $49.00 and set an “in-line” rating for the company in a report on Monday, December 22nd. Finally, Morgan Stanley upped their price target on shares of Janus Henderson Group from $46.00 to $48.00 and gave the company an “equal weight” rating in a report on Wednesday, December 17th.

Institutional Inflows and Outflows

A number of large investors have recently bought and sold shares of JHG. Optas LLC purchased a new position in shares of Janus Henderson Group during the 4th quarter valued at approximately $224,000. Evergreen Capital Management LLC boosted its holdings in Janus Henderson Group by 7.2% during the fourth quarter. Evergreen Capital Management LLC now owns 30,146 shares of the company’s stock worth $1,434,000 after buying an additional 2,014 shares in the last quarter. Krilogy Financial LLC grew its position in Janus Henderson Group by 5.4% during the fourth quarter. Krilogy Financial LLC now owns 12,285 shares of the company’s stock valued at $589,000 after buying an additional 630 shares during the period. Global Financial Private Client LLC increased its holdings in Janus Henderson Group by 94.9% in the fourth quarter. Global Financial Private Client LLC now owns 11,061 shares of the company’s stock valued at $526,000 after buying an additional 5,387 shares in the last quarter. Finally, Juncture Wealth Strategies LLC raised its position in shares of Janus Henderson Group by 49.3% in the fourth quarter. Juncture Wealth Strategies LLC now owns 6,718 shares of the company’s stock worth $320,000 after acquiring an additional 2,218 shares during the period. 87.94% of the stock is owned by institutional investors and hedge funds.

Janus Henderson Group Stock Up 0.2%

NYSE:JHG opened at $48.07 on Friday. The company has a current ratio of 4.02, a quick ratio of 2.15 and a debt-to-equity ratio of 0.08. Janus Henderson Group has a twelve month low of $28.26 and a twelve month high of $49.42. The company has a market cap of $7.43 billion, a PE ratio of 14.10, a P/E/G ratio of 0.78 and a beta of 1.54. The company’s 50 day moving average is $46.17 and its two-hundred day moving average is $44.48.

Janus Henderson Group (NYSE:JHG) last posted its quarterly earnings data on Thursday, October 30th. The company reported $1.09 EPS for the quarter, topping the consensus estimate of $1.01 by $0.08. Janus Henderson Group had a net margin of 19.82% and a return on equity of 12.35%. The business had revenue of $700.40 million during the quarter, compared to the consensus estimate of $695.57 million. The business’s revenue for the quarter was up 12.1% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.91 earnings per share. Analysts anticipate that Janus Henderson Group will post 3.75 EPS for the current year.

About Janus Henderson Group

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.