Janus Henderson Group (NYSE:JHG) had its price target lowered by Citigroup from $25.50 to $23.55 in a research note issued to investors on Tuesday morning, BenzingaRatingsTable reports. Citigroup currently has a neutral rating on the stock.
JHG has been the topic of several other reports. Zacks Investment Research upgraded shares of SCHNEIDER ELEC /ADR from a hold rating to a buy rating and set a $20.00 target price on the stock in a report on Friday, July 5th. JPMorgan Chase & Co. set a €53.00 ($61.63) price objective on shares of Kion Group and gave the stock a neutral rating in a report on Thursday, April 11th. Bank of America set a $180.00 price objective on shares of CME Group and gave the stock a hold rating in a report on Tuesday, April 9th. TheStreet lowered shares of WCF Bancorp from a c rating to a d+ rating in a report on Thursday, April 18th. Finally, ValuEngine lowered shares of Woodward, Inc.Common Stock from a buy rating to a hold rating in a report on Tuesday, April 9th. Four equities research analysts have rated the stock with a sell rating and six have assigned a hold rating to the company’s stock. The company presently has an average rating of Hold and an average target price of $26.16.
JHG opened at $22.96 on Tuesday. The stock has a fifty day moving average price of $21.42. The company has a current ratio of 2.74, a quick ratio of 1.94 and a debt-to-equity ratio of 0.07. The firm has a market capitalization of $4.39 billion, a price-to-earnings ratio of 8.38, a PEG ratio of 1.21 and a beta of 1.24. Janus Henderson Group has a twelve month low of $19.00 and a twelve month high of $33.04.
Janus Henderson Group (NYSE:JHG) last posted its earnings results on Thursday, May 2nd. The company reported $0.56 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.59 by ($0.03). The firm had revenue of $519.30 million during the quarter, compared to analyst estimates of $524.37 million. Janus Henderson Group had a return on equity of 10.47% and a net margin of 20.23%. The company’s revenue for the quarter was down 11.6% on a year-over-year basis. During the same quarter last year, the business posted $0.71 earnings per share. Research analysts forecast that Janus Henderson Group will post 2.52 earnings per share for the current fiscal year.
A number of hedge funds have recently modified their holdings of the business. Bank of New York Mellon Corp raised its stake in shares of Janus Henderson Group by 0.5% during the 4th quarter. Bank of New York Mellon Corp now owns 1,363,472 shares of the company’s stock worth $28,250,000 after buying an additional 6,961 shares in the last quarter. Raymond James & Associates raised its stake in shares of Janus Henderson Group by 7.3% during the 4th quarter. Raymond James & Associates now owns 37,496 shares of the company’s stock worth $777,000 after buying an additional 2,554 shares in the last quarter. State of Tennessee Treasury Department increased its stake in Janus Henderson Group by 2.0% in the 4th quarter. State of Tennessee Treasury Department now owns 129,551 shares of the company’s stock valued at $2,684,000 after purchasing an additional 2,575 shares in the last quarter. Standard Life Aberdeen plc increased its stake in Janus Henderson Group by 44.8% in the 4th quarter. Standard Life Aberdeen plc now owns 70,062 shares of the company’s stock valued at $1,419,000 after purchasing an additional 21,670 shares in the last quarter. Finally, Northern Trust Corp increased its stake in Janus Henderson Group by 2.2% in the 4th quarter. Northern Trust Corp now owns 1,053,840 shares of the company’s stock valued at $21,835,000 after purchasing an additional 22,228 shares in the last quarter. Hedge funds and other institutional investors own 61.94% 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.
Recommended Story: What does earnings per share mean?
Receive News & Ratings for Janus Henderson Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Janus Henderson Group and related companies with MarketBeat.com's FREE daily email newsletter.