Janus Henderson Group (NYSE:JHG) Price Target Increased to $41.00 by Analysts at UBS Group

Janus Henderson Group (NYSE:JHG) had its target price lifted by equities researchers at UBS Group from $37.00 to $41.00 in a research note issued on Tuesday, Benzinga reports. The firm currently has a “neutral” rating on the stock. UBS Group’s price objective indicates a potential upside of 4.25% from the company’s current price.

Other equities analysts also recently issued reports about the stock. StockNews.com downgraded shares of Janus Henderson Group from a “buy” rating to a “hold” rating in a research note on Friday, August 16th. Deutsche Bank Aktiengesellschaft lifted their price target on shares of Janus Henderson Group from $36.00 to $37.00 and gave the company a “hold” rating in a research report on Thursday, August 15th. JPMorgan Chase & Co. increased their price objective on Janus Henderson Group from $38.00 to $39.00 and gave the stock a “neutral” rating in a research report on Friday, August 2nd. TD Cowen lifted their target price on Janus Henderson Group from $37.00 to $38.00 and gave the company a “buy” rating in a research report on Monday, July 8th. Finally, The Goldman Sachs Group increased their price target on Janus Henderson Group from $36.00 to $37.00 and gave the stock a “sell” rating in a report on Thursday, October 3rd. One research analyst has rated the stock with a sell rating, seven have issued a hold rating and two have given a buy rating to the company’s stock. According to data from MarketBeat, Janus Henderson Group has an average rating of “Hold” and an average price target of $38.63.

Janus Henderson Group Stock Performance

Shares of Janus Henderson Group stock opened at $39.33 on Tuesday. The business’s 50 day moving average price is $37.82 and its 200 day moving average price is $35.14. The company has a market cap of $6.26 billion, a price-to-earnings ratio of 13.47, a PEG ratio of 0.79 and a beta of 1.50. The company has a debt-to-equity ratio of 0.07, a quick ratio of 2.67 and a current ratio of 4.05. Janus Henderson Group has a one year low of $22.17 and a one year high of $41.47.

Janus Henderson Group (NYSE:JHG) last posted its quarterly earnings results on Thursday, August 1st. The company reported $0.85 EPS for the quarter, topping the consensus estimate of $0.74 by $0.11. The business had revenue of $588.40 million for the quarter, compared to analyst estimates of $568.79 million. Janus Henderson Group had a return on equity of 10.76% and a net margin of 21.02%. The company’s quarterly revenue was up 13.9% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.62 EPS. On average, research analysts predict that Janus Henderson Group will post 3.25 EPS for the current year.

Insider Activity at Janus Henderson Group

In other Janus Henderson Group news, CFO Roger Mj Thompson sold 9,000 shares of the business’s stock in a transaction dated Tuesday, September 10th. The shares were sold at an average price of $35.38, for a total transaction of $318,420.00. Following the sale, the chief financial officer now directly owns 139,171 shares in the company, valued at $4,923,869.98. This represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. In other Janus Henderson Group news, CFO Roger Mj Thompson sold 9,000 shares of the business’s stock in a transaction on Tuesday, September 10th. The shares were sold at an average price of $35.38, for a total value of $318,420.00. Following the completion of the transaction, the chief financial officer now owns 139,171 shares in the company, valued at $4,923,869.98. The trade was a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, CAO Michelle Rosenberg sold 7,651 shares of the company’s stock in a transaction on Monday, August 19th. The stock was sold at an average price of $36.51, for a total value of $279,338.01. Following the sale, the chief accounting officer now directly owns 89,048 shares in the company, valued at $3,251,142.48. This represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 25,651 shares of company stock worth $918,158 in the last three months. 19.60% of the stock is owned by company insiders.

Hedge Funds Weigh In On Janus Henderson Group

Several hedge funds and other institutional investors have recently made changes to their positions in JHG. Mirae Asset Global Investments Co. Ltd. increased its stake in shares of Janus Henderson Group by 8.5% during the third quarter. Mirae Asset Global Investments Co. Ltd. now owns 78,276 shares of the company’s stock worth $2,999,000 after buying an additional 6,138 shares during the period. Burford Brothers Inc. purchased a new stake in shares of Janus Henderson Group in the 3rd quarter valued at approximately $680,000. Country Club Bank acquired a new stake in shares of Janus Henderson Group in the 3rd quarter valued at $209,000. Moody Aldrich Partners LLC acquired a new stake in shares of Janus Henderson Group in the 3rd quarter valued at $2,240,000. Finally, Greenleaf Trust lifted its position in shares of Janus Henderson Group by 40.4% during the 3rd quarter. Greenleaf Trust now owns 10,145 shares of the company’s stock worth $386,000 after purchasing an additional 2,921 shares during the last quarter. Hedge funds and other 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.