Janus Henderson Group (NYSE:JHG) PT Raised to $32.00 at The Goldman Sachs Group

Janus Henderson Group (NYSE:JHGGet Free Report) had its price objective hoisted by investment analysts at The Goldman Sachs Group from $29.00 to $32.00 in a report issued on Tuesday, Benzinga reports. The brokerage currently has a “sell” rating on the stock. The Goldman Sachs Group’s price target would indicate a potential upside of 0.44% from the company’s current price.

A number of other brokerages have also recently weighed in on JHG. StockNews.com upgraded shares of Janus Henderson Group from a “hold” rating to a “buy” rating in a report on Thursday, February 29th. TD Cowen started coverage on Janus Henderson Group in a research report on Thursday, January 4th. They set a “market perform” rating and a $30.00 price objective on the stock. UBS Group lifted their target price on Janus Henderson Group from $27.00 to $28.00 and gave the company a “sell” rating in a report on Monday, February 5th. Morgan Stanley upped their price target on Janus Henderson Group from $27.00 to $28.00 and gave the stock an “equal weight” rating in a report on Friday, January 19th. Finally, JPMorgan Chase & Co. upgraded Janus Henderson Group from an “underweight” rating to a “neutral” rating and lifted their price objective for the company from $28.00 to $31.00 in a research note on Friday, February 2nd. Two research analysts have rated the stock with a sell rating, seven have assigned a hold rating and two have given a buy rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Hold” and an average target price of $27.39.

Read Our Latest Analysis on JHG

Janus Henderson Group Trading Down 1.6 %

Shares of JHG traded down $0.51 during trading on Tuesday, reaching $31.86. 542,492 shares of the company traded hands, compared to its average volume of 1,125,740. The company has a quick ratio of 2.76, a current ratio of 3.89 and a debt-to-equity ratio of 0.07. The stock has a market cap of $5.14 billion, a PE ratio of 13.46, a price-to-earnings-growth ratio of 1.16 and a beta of 1.52. The stock has a 50-day simple moving average of $31.05 and a 200-day simple moving average of $28.13. Janus Henderson Group has a twelve month low of $22.17 and a twelve month high of $33.22.

Janus Henderson Group (NYSE:JHGGet Free Report) last released its quarterly earnings results on Thursday, February 1st. The company reported $0.82 EPS for the quarter, topping the consensus estimate of $0.56 by $0.26. The business had revenue of $568.50 million during the quarter, compared to analyst estimates of $520.26 million. Janus Henderson Group had a return on equity of 9.46% and a net margin of 18.39%. The company’s quarterly revenue was up 10.3% on a year-over-year basis. During the same period last year, the business posted $0.61 earnings per share. On average, analysts anticipate that Janus Henderson Group will post 2.7 earnings per share for the current year.

Insider Activity

In other news, CFO Roger Mj Thompson sold 30,656 shares of the firm’s stock in a transaction that occurred on Wednesday, February 28th. The shares were sold at an average price of $30.93, for a total transaction of $948,190.08. Following the transaction, the chief financial officer now directly owns 126,439 shares in the company, valued at $3,910,758.27. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. 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 in the company, valued at approximately $114,074.45. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, CFO Roger Mj Thompson sold 30,656 shares of the company’s 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 sale, the chief financial officer now owns 126,439 shares of the company’s stock, valued at approximately $3,910,758.27. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 70,133 shares of company stock valued at $2,172,459. 20.00% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On Janus Henderson Group

Several institutional investors have recently bought and sold shares of the company. Vanguard Group Inc. increased its stake in shares of Janus Henderson Group by 0.6% during the third quarter. Vanguard Group Inc. now owns 13,540,493 shares of the company’s stock worth $349,616,000 after acquiring an additional 84,307 shares during the period. Invesco Ltd. raised its stake in shares of Janus Henderson Group by 33.2% during the 3rd quarter. Invesco Ltd. now owns 690,723 shares of the company’s stock worth $17,834,000 after buying an additional 172,211 shares in the last quarter. UBS Group AG lifted its holdings in shares of Janus Henderson Group by 207.2% in the 3rd quarter. UBS Group AG now owns 86,179 shares of the company’s stock valued at $2,225,000 after buying an additional 58,122 shares during the period. Principal Financial Group Inc. grew its holdings in Janus Henderson Group by 2.0% during the third quarter. Principal Financial Group Inc. now owns 1,773,943 shares of the company’s stock worth $45,803,000 after acquiring an additional 34,791 shares during the period. Finally, Integrated Wealth Concepts LLC lifted its holdings in Janus Henderson Group by 186.9% in the third quarter. Integrated Wealth Concepts LLC now owns 61,443 shares of the company’s stock valued at $1,586,000 after acquiring an additional 40,028 shares during the period. 87.94% of the stock is owned by institutional investors and hedge funds.

Janus Henderson Group Company Profile

(Get Free Report)

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.

Further Reading

Analyst Recommendations for Janus Henderson Group (NYSE:JHG)

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