Janus Henderson Group (NYSE:JHG) Price Target Raised to $35.00 at Evercore ISI

Janus Henderson Group (NYSE:JHG - Get Free Report) had its price target hoisted by analysts at Evercore ISI from $33.00 to $35.00 in a research note issued to investors on Friday,Benzinga reports. The brokerage presently has an "in-line" rating on the stock. Evercore ISI's target price would suggest a potential downside of 1.41% from the stock's current price.

JHG has been the subject of several other reports. Wells Fargo & Company lowered their target price on 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. StockNews.com lowered Janus Henderson Group from a "buy" rating to a "hold" rating in a research report on Tuesday, March 25th. UBS Group raised shares of Janus Henderson Group from a "neutral" rating to a "buy" rating and boosted their price target for the company from $45.00 to $50.00 in a report on Monday, February 24th. Bank of America raised shares of Janus Henderson Group from a "neutral" rating to a "buy" rating and dropped their price objective for the stock from $57.00 to $43.00 in a report on Thursday, April 3rd. Finally, The Goldman Sachs Group reduced their target price on shares of Janus Henderson Group from $47.00 to $41.00 and set a "neutral" rating for the company in a research note on Thursday, April 3rd. Six analysts have rated the stock with a hold rating and four have given a buy rating to the company's stock. According to data from MarketBeat.com, Janus Henderson Group currently has a consensus rating of "Hold" and an average target price of $42.78.

Janus Henderson Group Stock Up 1.3 %

Shares of NYSE:JHG traded up $0.45 during midday trading on Friday, hitting $35.50. 383,840 shares of the company's stock traded hands, compared to its average volume of 1,106,134. The firm's fifty day moving average price is $34.77 and its two-hundred day moving average price is $40.29. The company has a debt-to-equity ratio of 0.08, a quick ratio of 2.08 and a current ratio of 3.08. Janus Henderson Group has a twelve month low of $28.26 and a twelve month high of $46.68. The company has a market cap of $5.59 billion, a PE ratio of 13.87, a P/E/G ratio of 0.66 and a beta of 1.46.

Janus Henderson Group (NYSE:JHG - Get Free Report) last issued its quarterly earnings data on Thursday, May 1st. The company reported $0.79 earnings per share for the quarter, beating analysts' consensus estimates of $0.72 by $0.07. The firm had revenue of $621.40 million during the quarter, compared to analyst estimates of $623.56 million. Janus Henderson Group had a return on equity of 12.18% and a net margin of 16.38%. Janus Henderson Group's quarterly revenue was up 12.6% on a year-over-year basis. During the same quarter last year, the firm earned $0.71 EPS. On average, equities research analysts anticipate that Janus Henderson Group will post 3.75 EPS for the current fiscal year.

Institutional Trading of Janus Henderson Group

Hedge funds have recently bought and sold shares of the company. KBC Group NV raised its stake in Janus Henderson Group by 63.6% during the 4th quarter. KBC Group NV now owns 4,546 shares of the company's stock valued at $193,000 after purchasing an additional 1,768 shares during the period. Mirae Asset Global Investments Co. Ltd. lifted its position in Janus Henderson Group by 17.8% during the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 92,218 shares of the company's stock worth $3,977,000 after acquiring an additional 13,942 shares during the last quarter. Merit Financial Group LLC bought a new position in shares of Janus Henderson Group in the fourth quarter worth about $413,000. Delphi Management Inc. MA acquired a new stake in Janus Henderson Group in the 4th quarter valued at approximately $1,419,000. Finally, Nordea Investment Management AB grew its stake in shares of Janus Henderson Group by 6.9% in the fourth quarter. Nordea Investment Management AB now owns 233,601 shares of the company's stock worth $9,979,000 after acquiring an additional 14,996 shares during the last quarter. 87.94% of the stock is owned by hedge funds and other institutional investors.

About Janus Henderson Group

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.