Janus Henderson Group plc (NYSE:JHG) Receives $47.38 Average PT from Brokerages

Shares of Janus Henderson Group plc (NYSE:JHG) have received a consensus recommendation of “Moderate Buy” from the ten analysts that are presently covering the stock, MarketBeat reports. Six analysts have rated the stock with a hold recommendation, two have issued a buy recommendation and two have issued a strong buy recommendation on the company. The average twelve-month target price among brokerages that have issued ratings on the stock in the last year is $47.3750.

JHG has been the subject of a number of research reports. Weiss Ratings reiterated a “buy (b)” rating on shares of Janus Henderson Group in a report on Monday, December 29th. Zacks Research upgraded Janus Henderson Group from a “hold” rating to a “strong-buy” rating in a report on Tuesday, February 10th. TD Cowen lowered Janus Henderson Group from a “buy” rating to a “hold” rating and set a $49.00 target price for the company. in a research report on Tuesday, December 23rd. Bank of America reiterated a “neutral” rating and issued a $49.00 target price (down from $54.00) on shares of Janus Henderson Group in a report on Monday, January 5th. Finally, Wall Street Zen raised Janus Henderson Group from a “hold” rating to a “buy” rating in a research report on Saturday, December 20th.

Janus Henderson Group Trading Down 0.2%

Shares of JHG opened at $51.32 on Monday. Janus Henderson Group has a 1-year low of $28.26 and a 1-year high of $53.76. The company has a 50-day moving average of $49.29 and a 200 day moving average of $46.20. The firm has a market capitalization of $7.91 billion, a price-to-earnings ratio of 9.76, a PEG ratio of 1.47 and a beta of 1.53. The company has a debt-to-equity ratio of 0.07, a current ratio of 4.18 and a quick ratio of 2.50.

Janus Henderson Group (NYSE:JHG) last issued its earnings results on Friday, January 30th. The company reported $2.01 EPS for the quarter, topping analysts’ consensus estimates of $1.19 by $0.82. The business had revenue of $996.60 million for the quarter, compared to the consensus estimate of $763.09 million. Janus Henderson Group had a net margin of 25.83% and a return on equity of 14.70%. The company’s revenue for the quarter was up 61.3% compared to the same quarter last year. During the same period in the prior year, the firm earned $1.07 EPS. On average, research analysts expect that Janus Henderson Group will post 3.75 EPS for the current year.

Insider Buying and Selling

In other Janus Henderson Group news, insider Megan Podzorov sold 1,650 shares of the stock in a transaction dated Tuesday, March 10th. The shares were sold at an average price of $51.24, for a total transaction of $84,546.00. Following the transaction, the insider directly owned 12,204 shares in the company, valued at $625,332.96. This represents a 11.91% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO Ali Dibadj sold 127,632 shares of the firm’s stock in a transaction dated Tuesday, February 17th. The shares were sold at an average price of $49.12, for a total transaction of $6,269,283.84. Following the transaction, the chief executive officer directly owned 449,078 shares in the company, valued at $22,058,711.36. This trade represents a 22.13% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 146,229 shares of company stock valued at $7,239,650 over the last three months. 19.60% of the stock is owned by company insiders.

Hedge Funds Weigh In On Janus Henderson Group

Institutional investors have recently bought and sold shares of the business. Rockefeller Capital Management L.P. lifted its holdings in shares of Janus Henderson Group by 29.9% during the 4th quarter. Rockefeller Capital Management L.P. now owns 935 shares of the company’s stock valued at $44,000 after purchasing an additional 215 shares during the last quarter. Cibc World Market Inc. grew its stake in Janus Henderson Group by 2.9% during the 3rd quarter. Cibc World Market Inc. now owns 8,429 shares of the company’s stock worth $375,000 after buying an additional 234 shares during the last quarter. Addison Advisors LLC increased its position in Janus Henderson Group by 42.3% during the 3rd quarter. Addison Advisors LLC now owns 818 shares of the company’s stock valued at $36,000 after buying an additional 243 shares in the last quarter. PNC Financial Services Group Inc. increased its position in Janus Henderson Group by 5.9% during the 2nd quarter. PNC Financial Services Group Inc. now owns 4,931 shares of the company’s stock valued at $192,000 after buying an additional 274 shares in the last quarter. Finally, Inscription Capital LLC raised its stake in Janus Henderson Group by 2.0% in the fourth quarter. Inscription Capital LLC now owns 13,938 shares of the company’s stock valued at $663,000 after buying an additional 279 shares during the last quarter. 87.94% of the stock is owned by hedge funds and other institutional investors.

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.