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

Janus Henderson Group plc (NYSE:JHG) has been given an average recommendation of “Hold” by the seven brokerages that are currently covering the firm, Marketbeat reports. Five investment analysts have rated the stock with a hold recommendation, one has assigned a buy recommendation and one has given a strong buy recommendation to the company. The average twelve-month target price among analysts that have covered the stock in the last year is $49.40.

Several equities research analysts recently weighed in on JHG shares. Zacks Research downgraded shares of Janus Henderson Group from a “strong-buy” rating to a “hold” rating in a research report on Monday, April 6th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Janus Henderson Group in a research report on Wednesday, June 24th.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently modified their holdings of JHG. Western Wealth Management LLC purchased a new stake in shares of Janus Henderson Group during the first quarter valued at $25,000. V Square Quantitative Management LLC bought a new position in Janus Henderson Group during the 4th quarter valued at about $25,000. Elevation Wealth Partners LLC lifted its stake in Janus Henderson Group by 215.2% during the 2nd quarter. Elevation Wealth Partners LLC now owns 561 shares of the company’s stock valued at $29,000 after acquiring an additional 383 shares during the period. Empowered Funds LLC purchased a new stake in shares of Janus Henderson Group during the 4th quarter valued at about $33,000. Finally, Larson Financial Group LLC boosted its holdings in shares of Janus Henderson Group by 108.0% during the 4th quarter. Larson Financial Group LLC now owns 782 shares of the company’s stock valued at $37,000 after acquiring an additional 406 shares during the last quarter. 87.94% of the stock is owned by institutional investors.

Janus Henderson Group Stock Performance

Shares of JHG stock opened at $51.95 on Friday. Janus Henderson Group has a one year low of $38.67 and a one year high of $53.76. The company’s 50-day moving average is $51.85 and its 200 day moving average is $50.63. The company has a market capitalization of $8.00 billion, a price-to-earnings ratio of 10.23, a price-to-earnings-growth ratio of 5.78 and a beta of 1.35. The company has a debt-to-equity ratio of 0.07, a quick ratio of 2.51 and a current ratio of 3.89.

Janus Henderson Group (NYSE:JHG) last issued its earnings results on Friday, May 8th. The company reported $0.90 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.98 by ($0.08). The firm had revenue of $541.60 million during the quarter, compared to analysts’ expectations of $560.37 million. Janus Henderson Group had a return on equity of 14.59% and a net margin of 24.33%.The firm’s quarterly revenue was up 11.0% on a year-over-year basis. During the same period last year, the firm posted $0.79 earnings per share. Sell-side analysts expect that Janus Henderson Group will post 4.39 EPS 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.