Janus Henderson Group (NYSE:JHG) Sets New 1-Year High at $34.56

Shares of Janus Henderson Group plc (NYSE:JHG) reached a new 52-week high during mid-day trading on Wednesday . The stock traded as high as $34.56 and last traded at $34.44, with a volume of 14023 shares. The stock had previously closed at $34.21.

Several equities research analysts recently issued reports on JHG shares. CSFB upgraded Janus Henderson Group to a “neutral” rating and lifted their price objective for the stock from $16.00 to $26.00 in a report on Friday, October 9th. Deutsche Bank Aktiengesellschaft lifted their price objective on Janus Henderson Group from $23.00 to $27.00 and gave the stock a “hold” rating in a report on Wednesday, November 11th. The Goldman Sachs Group cut Janus Henderson Group from a “neutral” rating to a “sell” rating and lifted their price objective for the stock from $28.50 to $29.00 in a report on Tuesday, January 5th. Zacks Investment Research cut Janus Henderson Group from a “buy” rating to a “hold” rating in a report on Wednesday, December 30th. Finally, Credit Suisse Group upgraded Janus Henderson Group from an “underperform” rating to a “neutral” rating and boosted their target price for the stock from $16.00 to $26.00 in a report on Friday, October 9th. Four research analysts have rated the stock with a sell rating, seven have issued a hold rating and two have given a buy rating to the company. The company has a consensus rating of “Hold” and a consensus target price of $22.89.

The stock has a market capitalization of $6.22 billion, a price-to-earnings ratio of 77.75, a PEG ratio of 3.29 and a beta of 1.47. The business has a fifty day moving average of $31.90 and a 200 day moving average of $25.00. The company has a debt-to-equity ratio of 0.07, a current ratio of 2.87 and a quick ratio of 2.22.

Janus Henderson Group (NYSE:JHG) last released its quarterly earnings data on Thursday, October 29th. The company reported $0.70 EPS for the quarter, beating analysts’ consensus estimates of $0.64 by $0.06. Janus Henderson Group had a return on equity of 10.41% and a net margin of 3.71%. The firm had revenue of $568.50 million for the quarter, compared to analysts’ expectations of $527.63 million. During the same period in the prior year, the firm posted $0.64 earnings per share. The firm’s quarterly revenue was up 6.1% on a year-over-year basis. On average, equities research analysts expect that Janus Henderson Group plc will post 2.7 EPS for the current year.

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. North Star Investment Management Corp. raised its position in Janus Henderson Group by 6.5% in the fourth quarter. North Star Investment Management Corp. now owns 11,924 shares of the company’s stock valued at $388,000 after purchasing an additional 731 shares during the period. Van ECK Associates Corp raised its holdings in Janus Henderson Group by 24.3% during the third quarter. Van ECK Associates Corp now owns 4,336 shares of the company’s stock worth $94,000 after purchasing an additional 848 shares during the last quarter. Wedge Capital Management L L P NC raised its holdings in shares of Janus Henderson Group by 14.0% in the third quarter. Wedge Capital Management L L P NC now owns 11,313 shares of the company’s stock worth $246,000 after acquiring an additional 1,393 shares during the last quarter. Victory Capital Management Inc. raised its holdings in shares of Janus Henderson Group by 7.8% in the third quarter. Victory Capital Management Inc. now owns 19,198 shares of the company’s stock worth $417,000 after acquiring an additional 1,394 shares during the last quarter. Finally, Sei Investments Co. raised its holdings in shares of Janus Henderson Group by 8.9% in the third quarter. Sei Investments Co. now owns 18,400 shares of the company’s stock worth $400,000 after acquiring an additional 1,499 shares during the last quarter. Hedge funds and other institutional investors own 73.36% of the company’s stock.

Janus Henderson Group Company Profile (NYSE:JHG)

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.

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