Janus Henderson Group plc (NYSE:JHG) Given Average Recommendation of “Hold” by Analysts

Shares of Janus Henderson Group plc (NYSE:JHG) have been assigned a consensus recommendation of “Hold” from the eleven ratings firms that are covering the firm, MarketBeat Ratings reports. Seven analysts have rated the stock with a hold rating, three have given a buy rating and one has assigned a strong buy rating to the company. The average 12 month price objective among brokers that have covered the stock in the last year is $47.6667.

Several analysts recently commented on JHG shares. TD Cowen downgraded shares of Janus Henderson Group from a “buy” rating to a “hold” rating and set a $49.00 target price for the company. in a report on Tuesday, December 23rd. Morgan Stanley boosted their price objective on Janus Henderson Group from $46.00 to $48.00 and gave the stock an “equal weight” rating in a report on Wednesday, December 17th. Zacks Research lowered Janus Henderson Group from a “strong-buy” rating to a “hold” rating in a research note on Monday, December 8th. Weiss Ratings reissued a “buy (b)” rating on shares of Janus Henderson Group in a report on Monday, December 29th. Finally, Bank of America reaffirmed a “neutral” rating and issued a $49.00 price objective (down from $54.00) on shares of Janus Henderson Group in a report on Monday, January 5th.

Janus Henderson Group Stock Performance

Shares of NYSE JHG opened at $48.16 on Friday. The company has a current ratio of 4.02, a quick ratio of 2.15 and a debt-to-equity ratio of 0.08. The company has a market capitalization of $7.44 billion, a P/E ratio of 14.12, a P/E/G ratio of 0.78 and a beta of 1.54. Janus Henderson Group has a 12 month low of $28.26 and a 12 month high of $49.42. The stock has a 50 day moving average of $46.50 and a 200-day moving average of $44.61.

Janus Henderson Group (NYSE:JHG) last released its quarterly earnings data on Friday, January 30th. The company reported $2.01 EPS for the quarter, topping analysts’ consensus estimates of $1.19 by $0.82. Janus Henderson Group had a net margin of 19.82% and a return on equity of 12.35%. The firm had revenue of $996.60 million during the quarter, compared to analysts’ expectations of $763.09 million. During the same period in the previous year, the business posted $1.07 earnings per share. The company’s revenue for the quarter was up 61.3% compared to the same quarter last year. As a group, equities research analysts predict that Janus Henderson Group will post 3.75 EPS for the current year.

Hedge Funds Weigh In On Janus Henderson Group

A number of hedge funds have recently bought and sold shares of the business. V Square Quantitative Management LLC bought a new stake in Janus Henderson Group in the 4th quarter valued at about $25,000. Bessemer Group Inc. raised its position in shares of Janus Henderson Group by 134.6% in the third quarter. Bessemer Group Inc. now owns 596 shares of the company’s stock valued at $26,000 after buying an additional 342 shares in the last quarter. United Community Bank bought a new stake in shares of Janus Henderson Group in the third quarter valued at approximately $30,000. Quent Capital LLC acquired a new stake in Janus Henderson Group during the third quarter worth approximately $36,000. Finally, Addison Advisors LLC grew its position in Janus Henderson Group by 42.3% during the third quarter. Addison Advisors LLC now owns 818 shares of the company’s stock worth $36,000 after buying an additional 243 shares in the last quarter. 87.94% of the stock is owned by institutional investors.

About Janus Henderson Group

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.