Janus Henderson Group (NYSE:JHG) Stock Rating Upgraded by The Goldman Sachs Group

Janus Henderson Group (NYSE:JHG) was upgraded by equities researchers at The Goldman Sachs Group from a “sell” rating to a “neutral” rating in a research report issued to clients and investors on Monday, Marketbeat reports. The brokerage currently has a $45.00 price objective on the stock, up from their previous price objective of $42.00. The Goldman Sachs Group’s target price would suggest a potential upside of 7.02% from the company’s current price.

Several other analysts have also commented on JHG. UBS Group raised their price target on shares of Janus Henderson Group from $37.00 to $41.00 and gave the company a “neutral” rating in a research report on Tuesday, October 22nd. Morgan Stanley lifted their price target on Janus Henderson Group from $46.00 to $48.00 and gave the company an “equal weight” rating in a research note on Friday, December 20th. Deutsche Bank Aktiengesellschaft increased their price target on Janus Henderson Group from $42.00 to $44.00 and gave the stock a “hold” rating in a research report on Monday, November 11th. Wells Fargo & Company boosted their price objective on Janus Henderson Group from $41.00 to $45.00 and gave the company an “equal weight” rating in a research report on Thursday, December 12th. Finally, TD Cowen increased their target price on Janus Henderson Group from $46.00 to $50.00 and gave the company a “buy” rating in a research report on Friday, November 1st. Eight analysts have rated the stock with a hold rating and one has assigned a buy rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Hold” and an average target price of $45.00.

Janus Henderson Group Stock Down 2.8 %

Shares of JHG opened at $42.05 on Monday. The company has a market capitalization of $6.69 billion, a price-to-earnings ratio of 16.62, a PEG ratio of 0.62 and a beta of 1.50. Janus Henderson Group has a 52 week low of $28.19 and a 52 week high of $45.74. The stock’s 50-day moving average price is $43.72 and its 200-day moving average price is $39.22. The company has a quick ratio of 2.08, a current ratio of 3.08 and a debt-to-equity ratio of 0.09.

Janus Henderson Group (NYSE:JHG) last released its quarterly earnings data on Thursday, October 31st. The company reported $0.91 EPS for the quarter, topping the consensus estimate of $0.80 by $0.11. The business had revenue of $624.80 million for the quarter, compared to analyst estimates of $600.88 million. Janus Henderson Group had a return on equity of 11.49% and a net margin of 17.33%. The business’s quarterly revenue was up 19.9% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.64 EPS. On average, sell-side analysts predict that Janus Henderson Group will post 3.43 EPS for the current year.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in JHG. Dimensional Fund Advisors LP boosted its stake 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 valued at $272,741,000 after buying an additional 344,582 shares during the period. WINTON GROUP Ltd lifted its stake in Janus Henderson Group by 97.7% in the second quarter. WINTON GROUP Ltd now owns 28,049 shares of the company’s stock worth $946,000 after acquiring an additional 13,861 shares during the last quarter. Mutual of America Capital Management LLC grew its holdings in 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 worth $8,690,000 after acquiring an additional 154,778 shares in the last quarter. Verition Fund Management LLC increased its position in shares of Janus Henderson Group by 156.1% in the 3rd quarter. Verition Fund Management LLC now owns 24,505 shares of the company’s stock valued at $933,000 after purchasing an additional 14,935 shares during the last quarter. Finally, AdvisorShares Investments LLC acquired a new stake in shares of Janus Henderson Group in the 2nd quarter valued at $485,000. 87.94% of the stock is currently owned by institutional investors and hedge funds.

About Janus Henderson Group

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.