Janus Henderson Group plc (NYSE:JHG) Given Average Recommendation of "Hold" by Analysts

Key Points

• Analysts give Janus Henderson an average recommendation of Hold from nine brokerages (6 hold, 2 buy, 1 strong buy) with an average 1‑year price target of $48.29.
• The company beat quarterly expectations with $2.01 EPS vs. $1.19 expected and revenue of $996.6M vs. $763.1M, a 61.3% year‑over‑year revenue increase and a 25.83% net margin.
• Insiders sold 146,229 shares (~$7.24M) over the last quarter (including trades by the CTO), while institutional/hedge fund ownership remains very high at about 87.9%.

Janus Henderson Group plc (NYSE:JHG - Get Free Report) has earned an average recommendation of "Hold" from the nine brokerages that are presently covering the company, Marketbeat.com reports. Six analysts have rated the stock with a hold rating, two have given a buy rating and one has issued a strong buy rating on the company. The average 1 year price objective among analysts that have updated their coverage on the stock in the last year is $48.2857.

Several equities analysts have issued reports on the stock. Weiss Ratings reissued a "buy (b)" rating on shares of Janus Henderson Group in a research note on Friday, March 27th. Zacks Research cut Janus Henderson Group from a "strong-buy" rating to a "hold" rating in a report on Monday, April 6th. Finally, Bank of America restated a "neutral" rating and issued a $49.00 price target (down from $54.00) on shares of Janus Henderson Group in a research note on Monday, January 5th.

Janus Henderson Group Trading Up 0.0%

Shares of Janus Henderson Group stock opened at $51.62 on Tuesday. The company has a debt-to-equity ratio of 0.07, a quick ratio of 2.50 and a current ratio of 4.18. The company has a market capitalization of $7.95 billion, a P/E ratio of 9.81, a PEG ratio of 5.73 and a beta of 1.37. Janus Henderson Group has a 1 year low of $34.54 and a 1 year high of $53.76. The company's fifty day moving average is $51.29 and its two-hundred day moving average is $47.72.

Janus Henderson Group (NYSE:JHG - Get Free Report) last announced its earnings results on Friday, January 30th. The company reported $2.01 EPS for the quarter, beating analysts' consensus estimates of $1.19 by $0.82. The business had revenue of $996.60 million during the quarter, compared to analysts' expectations of $763.09 million. Janus Henderson Group had a net margin of 25.83% and a return on equity of 14.70%. The business's revenue was up 61.3% compared to the same quarter last year. During the same period in the prior year, the company earned $1.07 earnings per share. Analysts forecast that Janus Henderson Group will post 4.39 earnings per share for the current year.

Insider Buying and Selling at Janus Henderson Group

In other Janus Henderson Group news, insider Megan Podzorov sold 1,650 shares of the business's stock in a transaction on Tuesday, March 10th. The shares were sold at an average price of $51.24, for a total transaction of $84,546.00. Following the sale, the insider directly owned 12,204 shares in the company, valued at approximately $625,332.96. The trade was a 11.91% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CTO William B. Cassidy sold 16,947 shares of the stock in a transaction dated Friday, February 27th. The shares were sold at an average price of $52.27, for a total transaction of $885,819.69. Following the completion of the transaction, the chief technology officer owned 118,939 shares of the company's stock, valued at $6,216,941.53. This represents a 12.47% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders sold 146,229 shares of company stock valued at $7,239,650. 21.00% of the stock is owned by company insiders.

Institutional Trading of Janus Henderson Group

A number of institutional investors have recently bought and sold shares of JHG. Royal Bank of Canada lifted its holdings in shares of Janus Henderson Group by 38.3% in the first quarter. Royal Bank of Canada now owns 115,135 shares of the company's stock valued at $4,163,000 after purchasing an additional 31,889 shares in the last quarter. Amundi boosted its holdings in shares of Janus Henderson Group by 13.8% during the first quarter. Amundi now owns 4,177 shares of the company's stock worth $150,000 after purchasing an additional 506 shares during the last quarter. Jones Financial Companies Lllp increased its stake in Janus Henderson Group by 1,538.8% in the first quarter. Jones Financial Companies Lllp now owns 8,833 shares of the company's stock valued at $319,000 after purchasing an additional 8,294 shares during the last quarter. Goldman Sachs Group Inc. lifted its position in Janus Henderson Group by 16.7% during the first quarter. Goldman Sachs Group Inc. now owns 1,299,921 shares of the company's stock worth $46,992,000 after buying an additional 186,218 shares during the period. Finally, Jane Street Group LLC lifted its position in Janus Henderson Group by 1,924.0% during the first quarter. Jane Street Group LLC now owns 279,352 shares of the company's stock worth $10,099,000 after buying an additional 265,550 shares during the period. 87.94% of the stock is currently owned by hedge funds and other institutional investors.

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.

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