Janus Henderson Group (NYSE:JHG) Stock Price Expected to Rise, Wells Fargo & Company Analyst Says

Janus Henderson Group (NYSE:JHG) had its target price raised by equities research analysts at Wells Fargo & Company from $41.00 to $45.00 in a research report issued to clients and investors on Thursday,Benzinga reports. The firm currently has an “equal weight” rating on the stock. Wells Fargo & Company‘s price objective indicates a potential upside of 2.12% from the stock’s current price.

A number of other equities analysts also recently commented on the company. Evercore ISI raised their price objective on Janus Henderson Group from $40.00 to $43.00 and gave the stock an “in-line” rating in a report on Thursday, November 7th. Morgan Stanley lifted their price target on shares of Janus Henderson Group from $39.00 to $42.00 and gave the company an “equal weight” rating in a research report on Friday, October 18th. StockNews.com lowered shares of Janus Henderson Group from a “buy” rating to a “hold” rating in a research report on Friday, August 16th. TD Cowen lifted their target price on shares of Janus Henderson Group from $46.00 to $50.00 and gave the company a “buy” rating in a report on Friday, November 1st. Finally, The Goldman Sachs Group upped their price target on shares of Janus Henderson Group from $36.00 to $37.00 and gave the stock a “sell” rating in a research report on Thursday, October 3rd. One research analyst has rated the stock with a sell rating, seven have given a hold rating and one has given a buy rating to the company. According to data from MarketBeat, the company presently has an average rating of “Hold” and an average price target of $42.63.

Janus Henderson Group Price Performance

Janus Henderson Group stock opened at $44.07 on Thursday. Janus Henderson Group has a 1 year low of $28.19 and a 1 year high of $45.74. The company has a debt-to-equity ratio of 0.09, a quick ratio of 2.08 and a current ratio of 3.08. The firm has a 50 day moving average price of $42.69 and a 200 day moving average price of $37.99. The company has a market cap of $7.01 billion, a price-to-earnings ratio of 17.42, a PEG ratio of 0.58 and a beta of 1.48.

Janus Henderson Group (NYSE:JHG) last announced its quarterly earnings data on Thursday, October 31st. The company reported $0.91 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.80 by $0.11. The company had revenue of $624.80 million during the quarter, compared to analysts’ expectations of $600.88 million. Janus Henderson Group had a net margin of 17.33% and a return on equity of 11.49%. The business’s quarterly revenue was up 19.9% compared to the same quarter last year. During the same period in the previous year, the company earned $0.64 EPS. Sell-side analysts predict that Janus Henderson Group will post 3.43 earnings per share for the current year.

Institutional Inflows and Outflows

A number of large investors have recently bought and sold shares of JHG. Foundry Partners LLC bought a new position in Janus Henderson Group during the second quarter worth $566,000. Dimensional Fund Advisors LP lifted its position in shares of Janus Henderson Group by 4.4% in the 2nd quarter. Dimensional Fund Advisors LP now owns 8,090,743 shares of the company’s stock worth $272,741,000 after buying an additional 344,582 shares during the last quarter. WINTON GROUP Ltd boosted its holdings in shares of Janus Henderson Group by 97.7% in the 2nd quarter. WINTON GROUP Ltd now owns 28,049 shares of the company’s stock valued at $946,000 after buying an additional 13,861 shares during the period. Mutual of America Capital Management LLC grew its position in shares of Janus Henderson Group by 210.6% during the 3rd quarter. Mutual of America Capital Management LLC now owns 228,276 shares of the company’s stock valued at $8,690,000 after buying an additional 154,778 shares during the last quarter. Finally, AdvisorShares Investments LLC acquired a new stake in Janus Henderson Group during the second quarter worth about $485,000. Institutional investors own 87.94% of the company’s stock.

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.