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

Janus Henderson Group (NYSE:JHG - Get Free Report) had its target price raised by research analysts at Evercore ISI from $33.00 to $35.00 in a report issued on Friday,Benzinga reports. The brokerage presently has an "in-line" rating on the stock. Evercore ISI's price objective would indicate a potential downside of 0.65% from the stock's previous close.

Several other research analysts have also issued reports on JHG. JPMorgan Chase & Co. upgraded shares of Janus Henderson Group from a "neutral" rating to an "overweight" rating and lifted their price target for the stock from $44.00 to $53.00 in a research report on Wednesday, February 5th. Wells Fargo & Company decreased their price target on Janus Henderson Group from $46.00 to $36.00 and set an "equal weight" rating for the company in a research report on Tuesday, April 8th. UBS Group upgraded Janus Henderson Group from a "neutral" rating to a "buy" rating and boosted their price objective for the stock from $45.00 to $50.00 in a report on Monday, February 24th. Bank of America upgraded shares of Janus Henderson Group from a "neutral" rating to a "buy" rating and decreased their target price for the stock from $57.00 to $43.00 in a report on Thursday, April 3rd. Finally, StockNews.com downgraded shares of Janus Henderson Group from a "buy" rating to a "hold" rating in a research report on Tuesday, March 25th. 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, the stock currently has a consensus rating of "Hold" and an average target price of $44.44.

Janus Henderson Group Stock Down 1.1 %

Shares of JHG stock traded down $0.40 during trading hours on Friday, hitting $35.23. 1,272,972 shares of the company were exchanged, compared to its average volume of 1,107,827. The company has a debt-to-equity ratio of 0.08, a quick ratio of 2.08 and a current ratio of 3.08. The business's 50-day simple moving average is $35.03 and its two-hundred day simple moving average is $40.37. Janus Henderson Group has a one year low of $28.26 and a one year high of $46.68. The stock has a market capitalization of $5.55 billion, a price-to-earnings ratio of 13.76, a P/E/G ratio of 0.66 and a beta of 1.46.

Janus Henderson Group (NYSE:JHG - Get Free Report) last announced its earnings results on Thursday, May 1st. The company reported $0.79 earnings per share for the quarter, beating the consensus estimate of $0.72 by $0.07. Janus Henderson Group had a return on equity of 12.18% and a net margin of 16.38%. The firm had revenue of $621.40 million for the quarter, compared to the consensus estimate of $623.56 million. During the same quarter in the previous year, the business earned $0.71 EPS. The firm's revenue for the quarter was up 12.6% on a year-over-year basis. Sell-side analysts predict that Janus Henderson Group will post 3.75 EPS for the current fiscal year.

Institutional Trading of Janus Henderson Group

A number of hedge funds have recently modified their holdings of the company. Lindbrook Capital LLC lifted its stake in shares of Janus Henderson Group by 2,175.0% during the first quarter. Lindbrook Capital LLC now owns 5,278 shares of the company's stock valued at $191,000 after acquiring an additional 5,046 shares during the period. IFP Advisors Inc lifted its stake in Janus Henderson Group by 6,174.5% in the first quarter. IFP Advisors Inc now owns 9,349 shares of the company's stock valued at $338,000 after buying an additional 9,200 shares in the last quarter. Impact Partnership Wealth LLC acquired a new position in shares of Janus Henderson Group in the first quarter valued at approximately $404,000. Foundry Partners LLC increased its position in shares of Janus Henderson Group by 2.4% during the first quarter. Foundry Partners LLC now owns 18,190 shares of the company's stock worth $658,000 after acquiring an additional 425 shares in the last quarter. Finally, Jackson Creek Investment Advisors LLC lifted its position in Janus Henderson Group by 153.2% in the 1st quarter. Jackson Creek Investment Advisors LLC now owns 16,413 shares of the company's stock valued at $593,000 after acquiring an additional 9,932 shares in the last quarter. 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.