Janus Henderson Group (NYSE:JHG) Price Target Increased to $35.00 by Analysts at JPMorgan Chase & Co.

Janus Henderson Group (NYSE:JHG - Get Free Report) had its target price lifted by analysts at JPMorgan Chase & Co. from $31.00 to $35.00 in a research report issued on Tuesday, Benzinga reports. The brokerage presently has a "neutral" rating on the stock. JPMorgan Chase & Co.'s target price would indicate a potential upside of 9.89% from the company's previous close.

Several other research analysts also recently commented on JHG. UBS Group raised their target price on Janus Henderson Group from $28.00 to $30.00 and gave the stock a "sell" rating in a research note on Friday, April 12th. TD Cowen started coverage on Janus Henderson Group in a research note on Thursday, January 4th. They issued a "market perform" rating and a $30.00 target price for the company. StockNews.com raised Janus Henderson Group from a "hold" rating to a "buy" rating in a report on Thursday, February 29th. The Goldman Sachs Group raised their price target on Janus Henderson Group from $29.00 to $32.00 and gave the company a "sell" rating in a report on Tuesday, April 2nd. Finally, Morgan Stanley raised their price target on Janus Henderson Group from $30.00 to $33.00 and gave the company an "equal weight" rating in a report on Wednesday, April 17th. Two analysts have rated the stock with a sell rating, six have given a hold rating and two have assigned a buy rating to the stock. According to data from MarketBeat, Janus Henderson Group has an average rating of "Hold" and a consensus price target of $28.83.

Janus Henderson Group Stock Performance

Shares of JHG stock traded up $0.61 on Tuesday, hitting $31.85. 1,002,643 shares of the stock were exchanged, compared to its average volume of 1,098,578. The company has a current ratio of 3.89, a quick ratio of 2.76 and a debt-to-equity ratio of 0.07. The firm has a market capitalization of $5.14 billion, a PE ratio of 13.44, a P/E/G ratio of 1.48 and a beta of 1.52. Janus Henderson Group has a one year low of $22.17 and a one year high of $33.25. The firm's 50 day moving average is $31.67 and its two-hundred day moving average is $28.80.

Janus Henderson Group (NYSE:JHG - Get Free Report) last posted its quarterly earnings results on Thursday, February 1st. The company reported $0.82 earnings per share for the quarter, topping the consensus estimate of $0.56 by $0.26. The company had revenue of $568.50 million during the quarter, compared to the consensus estimate of $520.26 million. Janus Henderson Group had a return on equity of 9.46% and a net margin of 18.39%. The firm's quarterly revenue was up 10.3% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.61 EPS. Sell-side analysts expect that Janus Henderson Group will post 2.8 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other Janus Henderson Group news, CFO Roger Mj Thompson sold 30,656 shares of Janus Henderson Group stock in a transaction that occurred on Wednesday, February 28th. The stock was sold at an average price of $30.93, for a total value of $948,190.08. Following the transaction, the chief financial officer now directly owns 126,439 shares of the company's stock, valued at approximately $3,910,758.27. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. In other Janus Henderson Group news, CAO Brennan A. Hughes sold 1,812 shares of Janus Henderson Group stock in a transaction that occurred on Wednesday, March 6th. The stock was sold at an average price of $32.27, for a total value of $58,473.24. Following the transaction, the chief accounting officer now directly owns 3,535 shares of the company's stock, valued at approximately $114,074.45. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CFO Roger Mj Thompson sold 30,656 shares of Janus Henderson Group stock in a transaction that occurred on Wednesday, February 28th. The stock was sold at an average price of $30.93, for a total value of $948,190.08. Following the completion of the sale, the chief financial officer now owns 126,439 shares in the company, valued at $3,910,758.27. The disclosure for this sale can be found here. Insiders have sold 70,133 shares of company stock valued at $2,172,459 in the last ninety days. Company insiders own 20.00% of the company's stock.

Institutional Investors Weigh In On Janus Henderson Group

Large investors have recently made changes to their positions in the business. Hexagon Capital Partners LLC grew its position in shares of Janus Henderson Group by 72.6% in the 4th quarter. Hexagon Capital Partners LLC now owns 1,210 shares of the company's stock worth $36,000 after buying an additional 509 shares during the last quarter. Neo Ivy Capital Management bought a new stake in shares of Janus Henderson Group in the 3rd quarter worth approximately $39,000. EverSource Wealth Advisors LLC grew its position in shares of Janus Henderson Group by 39.7% in the 4th quarter. EverSource Wealth Advisors LLC now owns 1,299 shares of the company's stock worth $39,000 after buying an additional 369 shares during the last quarter. Headlands Technologies LLC bought a new stake in shares of Janus Henderson Group in the 4th quarter worth approximately $52,000. Finally, Assetmark Inc. grew its position in shares of Janus Henderson Group by 14.8% in the 3rd quarter. Assetmark Inc. now owns 4,406 shares of the company's stock worth $114,000 after buying an additional 567 shares during the last quarter. 87.94% of the stock is currently owned by institutional investors.

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.