Janus Henderson Group plc (NYSE:JHG) Receives Average Recommendation of “Hold” from Analysts

Shares of Janus Henderson Group plc (NYSE:JHG) have received a consensus rating of “Hold” from the nine brokerages that are presently covering the company, Marketbeat reports. Six equities research analysts have rated the stock with a hold recommendation, two have issued a buy recommendation and one has issued a strong buy recommendation on the company. The average twelve-month target price among brokerages that have issued a report on the stock in the last year is $48.2857.

A number of analysts have recently issued reports on the stock. 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 reissued a “buy (b)” rating on shares of Janus Henderson Group in a research note on Friday, March 27th.

Janus Henderson Group Stock Down 0.0%

NYSE JHG opened at $51.77 on Friday. The company has a quick ratio of 2.51, a current ratio of 3.89 and a debt-to-equity ratio of 0.07. The company has a fifty day moving average of $51.62 and a two-hundred day moving average of $49.11. The firm has a market capitalization of $7.98 billion, a price-to-earnings ratio of 10.19, a PEG ratio of 5.76 and a beta of 1.35. Janus Henderson Group has a 52 week low of $35.76 and a 52 week high of $53.76.

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 the consensus estimate of $0.98 by ($0.08). The firm had revenue of $541.60 million for 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% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.79 earnings per share. On average, analysts predict that Janus Henderson Group will post 4.39 earnings per share for the current year.

Insider Activity

In other news, insider Megan Podzorov sold 1,650 shares of the business’s stock in a transaction on Tuesday, March 10th. The shares were sold at an average price of $51.24, for a total transaction of $84,546.00. Following the completion of the sale, the insider directly owned 12,204 shares of the company’s stock, valued at approximately $625,332.96. The trade was a 11.91% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Corporate insiders own 21.00% of the company’s stock.

Institutional Trading of Janus Henderson Group

A number of large investors have recently made changes to their positions in JHG. Norges Bank purchased a new stake in shares of Janus Henderson Group during the fourth quarter valued at $117,881,000. AQR Capital Management LLC boosted its stake in shares of Janus Henderson Group by 92.1% during the second quarter. AQR Capital Management LLC now owns 3,700,170 shares of the company’s stock valued at $143,715,000 after purchasing an additional 1,773,964 shares during the period. Hudson Bay Capital Management LP purchased a new stake in shares of Janus Henderson Group during the fourth quarter valued at $79,861,000. Millennium Management LLC raised its holdings in shares of Janus Henderson Group by 20.3% in the third quarter. Millennium Management LLC now owns 6,851,082 shares of the company’s stock valued at $304,942,000 after acquiring an additional 1,154,481 shares in the last quarter. Finally, Soros Fund Management LLC bought a new stake in shares of Janus Henderson Group in the fourth quarter valued at about $47,427,000. 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.