Brokerages Set Janus Henderson Group plc (NYSE:JHG) PT at $48.29

Janus Henderson Group plc (NYSE:JHG) has been assigned a consensus recommendation of “Hold” from the nine brokerages that are covering the company, MarketBeat reports. Six analysts have rated the stock with a hold recommendation, two have given a buy recommendation and one has assigned a strong buy recommendation to the company. The average 12-month price objective among brokerages that have updated their coverage on the stock in the last year is $48.2857.

A number of equities analysts have recently commented on the stock. Weiss Ratings restated a “buy (b)” rating on shares of Janus Henderson Group in a research report on Friday, March 27th. Zacks Research lowered shares of Janus Henderson Group from a “strong-buy” rating to a “hold” rating in a research report on Monday, April 6th.

Insider Buying and Selling at Janus Henderson Group

In other Janus Henderson Group news, CTO William B. Cassidy sold 16,947 shares of Janus Henderson Group stock in a transaction that occurred on 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 sale, the chief technology officer directly owned 118,939 shares in the company, valued at $6,216,941.53. The trade was a 12.47% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, insider Megan Podzorov sold 1,650 shares of Janus Henderson Group stock in a transaction that occurred 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 owned 12,204 shares of the company’s stock, valued at approximately $625,332.96. The trade was a 11.91% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 146,229 shares of company stock worth $7,239,650 over the last three months. 21.00% of the stock is owned by insiders.

Institutional Investors Weigh In On Janus Henderson Group

Hedge funds have recently bought and sold shares of the stock. V Square Quantitative Management LLC bought a new stake in Janus Henderson Group during the fourth quarter valued at approximately $25,000. Bessemer Group Inc. lifted its position in Janus Henderson Group by 134.6% during the third quarter. Bessemer Group Inc. now owns 596 shares of the company’s stock valued at $26,000 after purchasing an additional 342 shares during the last quarter. United Community Bank bought a new stake in Janus Henderson Group during the third quarter valued at approximately $30,000. Empowered Funds LLC bought a new stake in Janus Henderson Group during the fourth quarter valued at approximately $33,000. Finally, Larson Financial Group LLC lifted its position in Janus Henderson Group by 108.0% during the fourth quarter. Larson Financial Group LLC now owns 782 shares of the company’s stock valued at $37,000 after purchasing an additional 406 shares during the last quarter. 87.94% of the stock is currently owned by institutional investors.

Janus Henderson Group Price Performance

JHG stock opened at $51.69 on Tuesday. The firm has a 50 day moving average of $51.40 and a 200-day moving average of $47.91. The company has a current ratio of 4.18, a quick ratio of 2.50 and a debt-to-equity ratio of 0.07. Janus Henderson Group has a 12 month low of $35.56 and a 12 month high of $53.76. The firm has a market capitalization of $7.96 billion, a P/E ratio of 10.17, a price-to-earnings-growth ratio of 5.75 and a beta of 1.37.

Janus Henderson Group (NYSE:JHG) last released its quarterly earnings data on Friday, May 8th. The company reported $0.90 EPS for the quarter, missing analysts’ consensus estimates of $0.98 by ($0.08). Janus Henderson Group had a net margin of 25.83% and a return on equity of 14.70%. The firm had revenue of $541.60 million during the quarter, compared to the consensus estimate of $560.37 million. During the same quarter last year, the business posted $0.79 earnings per share. Janus Henderson Group’s revenue was up 11.0% compared to the same quarter last year. As a group, sell-side analysts predict that Janus Henderson Group will post 4.39 earnings per share for the current fiscal year.

Janus Henderson Group Company Profile

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.