Janus Henderson Group plc (NYSE:JHG) Receives Average Rating of “Moderate Buy” from Analysts

Shares of Janus Henderson Group plc (NYSE:JHG) have been assigned a consensus rating of “Moderate Buy” from the eleven ratings firms that are currently covering the stock, Marketbeat reports. Six analysts have rated the stock with a hold recommendation, three have issued a buy recommendation and two have given a strong buy recommendation to the company. The average twelve-month price target among brokers that have issued a report on the stock in the last year is $47.6667.

Several brokerages have commented on JHG. TD Cowen lowered Janus Henderson Group from a “buy” rating to a “hold” rating and set a $49.00 price objective on the stock. in a report on Tuesday, December 23rd. Wall Street Zen upgraded Janus Henderson Group from a “hold” rating to a “buy” rating in a research report on Saturday, December 20th. Zacks Research raised shares of Janus Henderson Group from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, February 10th. Morgan Stanley boosted their price target on shares of Janus Henderson Group from $46.00 to $48.00 and gave the stock an “equal weight” rating in a report on Wednesday, December 17th. Finally, Bank of America reaffirmed a “neutral” rating and set a $49.00 price objective (down from $54.00) on shares of Janus Henderson Group in a report on Monday, January 5th.

Insiders Place Their Bets

In related news, 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 value of $6,269,283.84. Following the transaction, the chief executive officer directly owned 449,078 shares of the company’s stock, valued at approximately $22,058,711.36. This trade represents a 22.13% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Corporate insiders own 19.60% of the company’s stock.

Hedge Funds Weigh In On Janus Henderson Group

A number of hedge funds have recently made changes to their positions in JHG. Mercer Global Advisors Inc. ADV lifted its position in shares of Janus Henderson Group by 13.7% in the fourth quarter. Mercer Global Advisors Inc. ADV now owns 160,172 shares of the company’s stock valued at $7,619,000 after acquiring an additional 19,335 shares in the last quarter. Caitlin John LLC purchased a new stake in shares of Janus Henderson Group during the fourth quarter worth approximately $376,000. EP Wealth Advisors LLC acquired a new position in Janus Henderson Group in the 4th quarter valued at $327,000. NewEdge Advisors LLC raised its stake in Janus Henderson Group by 27.3% in the 4th quarter. NewEdge Advisors LLC now owns 6,140 shares of the company’s stock valued at $292,000 after purchasing an additional 1,317 shares during the last quarter. Finally, Empowered Funds LLC purchased a new position in Janus Henderson Group in the 4th quarter valued at $33,000. Institutional investors and hedge funds own 87.94% of the company’s stock.

Janus Henderson Group Trading Down 0.9%

Shares of Janus Henderson Group stock opened at $49.06 on Thursday. The firm has a 50-day simple moving average of $47.68 and a two-hundred day simple moving average of $45.16. The company has a market cap of $7.58 billion, a P/E ratio of 9.33, a price-to-earnings-growth ratio of 1.41 and a beta of 1.54. Janus Henderson Group has a fifty-two week low of $28.26 and a fifty-two week high of $49.82. The company has a debt-to-equity ratio of 0.07, a quick ratio of 2.15 and a current ratio of 4.02.

Janus Henderson Group (NYSE:JHG) last posted its earnings results on Friday, January 30th. The company reported $2.01 EPS for the quarter, beating analysts’ consensus estimates of $1.19 by $0.82. Janus Henderson Group had a return on equity of 14.70% and a net margin of 25.83%.The firm had revenue of $996.60 million for the quarter, compared to analysts’ expectations of $763.09 million. During the same period last year, the firm earned $1.07 EPS. The company’s quarterly revenue was up 61.3% on a year-over-year basis. As a group, equities analysts predict that Janus Henderson Group will post 3.75 earnings per share for the current fiscal year.

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.