Janus Henderson Group (NYSE:JHG) Given New $33.00 Price Target at Evercore ISI

Janus Henderson Group (NYSE:JHG - Get Free Report) had its price target dropped by equities research analysts at Evercore ISI from $44.00 to $33.00 in a research report issued to clients and investors on Friday,Benzinga reports. The brokerage presently has an "in-line" rating on the stock. Evercore ISI's target price indicates a potential upside of 8.70% from the stock's previous close.

JHG has been the subject of several other research reports. The Goldman Sachs Group decreased their target price on Janus Henderson Group from $47.00 to $41.00 and set a "neutral" rating for the company in a research report on Thursday, April 3rd. UBS Group raised Janus Henderson Group from a "neutral" rating to a "buy" rating and lifted their target price for the company from $45.00 to $50.00 in a research note on Monday, February 24th. JPMorgan Chase & Co. upgraded Janus Henderson Group from a "neutral" rating to an "overweight" rating and upped their target price for the company from $44.00 to $53.00 in a report on Wednesday, February 5th. Wells Fargo & Company decreased their price target on shares of Janus Henderson Group from $46.00 to $36.00 and set an "equal weight" rating for the company in a report on Tuesday, April 8th. Finally, Bank of America upgraded shares of Janus Henderson Group from a "neutral" rating to a "buy" rating and dropped their price objective for the company from $57.00 to $43.00 in a research note on Thursday, April 3rd. Six equities research analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. According to MarketBeat.com, the company has a consensus rating of "Hold" and a consensus price target of $44.22.

Janus Henderson Group Trading Down 3.0 %

Shares of NYSE JHG traded down $0.95 during mid-day trading on Friday, hitting $30.36. 653,545 shares of the company traded hands, compared to its average volume of 1,080,714. The company has a quick ratio of 2.08, a current ratio of 3.08 and a debt-to-equity ratio of 0.08. Janus Henderson Group has a 1 year low of $28.26 and a 1 year high of $46.68. The stock has a market capitalization of $4.78 billion, a price-to-earnings ratio of 11.86, a PEG ratio of 0.66 and a beta of 1.43. The business has a 50 day moving average of $37.92 and a two-hundred day moving average of $40.96.

Janus Henderson Group (NYSE:JHG - Get Free Report) last released its quarterly earnings results on Friday, January 31st. The company reported $1.07 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.94 by $0.13. Janus Henderson Group had a net margin of 16.38% and a return on equity of 12.18%. During the same quarter last year, the company earned $0.82 EPS. On average, sell-side analysts anticipate that Janus Henderson Group will post 3.75 earnings per share for the current fiscal year.

Institutional Trading of Janus Henderson Group

Several large investors have recently made changes to their positions in JHG. Greenwood Capital Associates LLC raised its stake in shares of Janus Henderson Group by 5.2% in the 1st quarter. Greenwood Capital Associates LLC now owns 43,715 shares of the company's stock valued at $1,580,000 after acquiring an additional 2,153 shares in the last quarter. Assenagon Asset Management S.A. grew its holdings in Janus Henderson Group by 23.7% during the first quarter. Assenagon Asset Management S.A. now owns 63,334 shares of the company's stock valued at $2,290,000 after purchasing an additional 12,119 shares during the last quarter. SG Americas Securities LLC raised its position in shares of Janus Henderson Group by 4,233.1% in the first quarter. SG Americas Securities LLC now owns 834,380 shares of the company's stock valued at $30,163,000 after purchasing an additional 815,124 shares during the period. GAMMA Investing LLC lifted its stake in shares of Janus Henderson Group by 18.6% in the first quarter. GAMMA Investing LLC now owns 4,010 shares of the company's stock worth $145,000 after buying an additional 630 shares during the last quarter. Finally, Pallas Capital Advisors LLC bought a new stake in shares of Janus Henderson Group during the 1st quarter worth $321,000. 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.