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

Janus Henderson Group plc (NYSE:JHG) has been assigned a consensus rating of “Hold” from the nine brokerages that are covering the firm, MarketBeat.com reports. Six analysts have rated the stock with a hold rating, two have given a buy rating and one has issued a strong buy rating on the company. The average twelve-month target price among analysts that have issued ratings on the stock in the last year is $48.2857.

A number of research analysts have commented on JHG shares. Zacks Research lowered shares of Janus Henderson Group from a “strong-buy” rating to a “hold” rating in a research note on Monday, April 6th. Weiss Ratings restated a “buy (b)” rating on shares of Janus Henderson Group in a research note on Friday, March 27th.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of JHG. Royal Bank of Canada increased its stake in Janus Henderson Group by 38.3% in the first quarter. Royal Bank of Canada now owns 115,135 shares of the company’s stock valued at $4,163,000 after purchasing an additional 31,889 shares during the period. Amundi increased its stake in Janus Henderson Group by 13.8% in the first quarter. Amundi now owns 4,177 shares of the company’s stock valued at $150,000 after purchasing an additional 506 shares during the period. Jones Financial Companies Lllp increased its stake in Janus Henderson Group by 1,538.8% in the first quarter. Jones Financial Companies Lllp now owns 8,833 shares of the company’s stock valued at $319,000 after purchasing an additional 8,294 shares during the period. Goldman Sachs Group Inc. increased its stake in Janus Henderson Group by 16.7% in the first quarter. Goldman Sachs Group Inc. now owns 1,299,921 shares of the company’s stock valued at $46,992,000 after purchasing an additional 186,218 shares during the period. Finally, Jane Street Group LLC increased its stake in Janus Henderson Group by 1,924.0% in the first quarter. Jane Street Group LLC now owns 279,352 shares of the company’s stock valued at $10,099,000 after purchasing an additional 265,550 shares during the period. 87.94% of the stock is currently owned by institutional investors and hedge funds.

Janus Henderson Group Stock Performance

NYSE JHG opened at $51.92 on Wednesday. The company has a debt-to-equity ratio of 0.07, a quick ratio of 2.51 and a current ratio of 3.89. The firm has a market cap of $8.00 billion, a PE ratio of 10.22, a P/E/G ratio of 5.78 and a beta of 1.35. Janus Henderson Group has a one year low of $36.91 and a one year high of $53.76. The firm’s fifty day moving average is $51.72 and its two-hundred day moving average is $49.90.

Janus Henderson Group (NYSE:JHG) last posted its quarterly earnings data on Friday, May 8th. The company reported $0.90 EPS for the quarter, missing analysts’ consensus estimates of $0.98 by ($0.08). The business had revenue of $541.60 million during the quarter, compared to analyst estimates of $560.37 million. Janus Henderson Group had a net margin of 24.33% and a return on equity of 14.59%. The company’s revenue for the quarter was up 11.0% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.79 earnings per share. Analysts expect that Janus Henderson Group will post 4.39 earnings per share for the current 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.