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

Janus Henderson Group plc (NYSE:JHG) has received an average rating of “Hold” from the twelve research firms that are covering the firm, MarketBeat reports. Eight investment analysts have rated the stock with a hold rating and four have given a buy rating to the company. The average twelve-month target price among brokerages that have updated their coverage on the stock in the last year is $36.75.

JHG has been the topic of a number of recent analyst reports. Zacks Investment Research upgraded Janus Henderson Group from a “hold” rating to a “buy” rating and set a $44.00 target price on the stock in a report on Friday, January 5th. Keefe, Bruyette & Woods restated a “hold” rating and set a $41.00 target price on shares of Janus Henderson Group in a report on Tuesday, January 9th. Citigroup upgraded Janus Henderson Group from a “neutral” rating to a “buy” rating and set a $39.00 target price on the stock in a report on Thursday, November 9th. Deutsche Bank initiated coverage on Janus Henderson Group in a report on Tuesday, October 17th. They set a “hold” rating and a $36.00 target price on the stock. Finally, Jefferies Group restated a “hold” rating and set a $36.00 target price (up previously from $35.00) on shares of Janus Henderson Group in a report on Tuesday, October 10th.

Institutional investors and hedge funds have recently modified their holdings of the business. Dai Ichi Life Holdings Inc. bought a new position in shares of Janus Henderson Group during the 3rd quarter valued at about $598,165,000. Dimensional Fund Advisors LP bought a new position in shares of Janus Henderson Group during the 3rd quarter valued at about $163,353,000. Fuller & Thaler Asset Management Inc. bought a new position in shares of Janus Henderson Group during the 3rd quarter valued at about $78,811,000. Fisher Asset Management LLC bought a new position in shares of Janus Henderson Group during the 3rd quarter valued at about $57,515,000. Finally, Bank of New York Mellon Corp bought a new position in shares of Janus Henderson Group during the 3rd quarter valued at about $52,333,000. Hedge funds and other institutional investors own 46.91% of the company’s stock.

Shares of Janus Henderson Group (NYSE JHG) opened at $41.04 on Friday. The company has a quick ratio of 1.48, a current ratio of 2.17 and a debt-to-equity ratio of 0.09. The company has a market capitalization of $8,158.53, a PE ratio of 27.53, a P/E/G ratio of 1.13 and a beta of 1.48. Janus Henderson Group has a 12-month low of $2.63 and a 12-month high of $41.35.

Janus Henderson Group (NYSE:JHG) last announced its quarterly earnings data on Thursday, November 9th. The company reported $0.56 EPS for the quarter, missing the Zacks’ consensus estimate of $0.60 by ($0.04). The firm had revenue of $454.60 million during the quarter, compared to analyst estimates of $524.44 million. Janus Henderson Group had a return on equity of 10.75% and a net margin of 14.18%. Janus Henderson Group’s revenue for the quarter was up 8.4% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.52 earnings per share. analysts anticipate that Janus Henderson Group will post 2.38 EPS for the current year.

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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.

Analyst Recommendations for Janus Henderson Group (NYSE:JHG)

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