Janus Henderson Group (NYSE:JHG) Price Target Lowered to $44.00 at JPMorgan Chase & Co.

Janus Henderson Group (NYSE:JHG) had its price objective decreased by analysts at JPMorgan Chase & Co. from $45.00 to $44.00 in a research report issued to clients and investors on Tuesday,Benzinga reports. The brokerage currently has a “neutral” rating on the stock. JPMorgan Chase & Co.‘s target price would indicate a potential upside of 4.44% from the company’s current price.

Several other equities research analysts have also issued reports on JHG. UBS Group lifted their price objective on shares of Janus Henderson Group from $37.00 to $41.00 and gave the company a “neutral” rating in a research note on Tuesday, October 22nd. The Goldman Sachs Group raised Janus Henderson Group from a “sell” rating to a “neutral” rating and boosted their price target for the stock from $42.00 to $45.00 in a research report on Monday. Evercore ISI increased their price objective on Janus Henderson Group from $40.00 to $43.00 and gave the company an “in-line” rating in a report on Thursday, November 7th. Morgan Stanley boosted their price objective on shares of Janus Henderson Group from $46.00 to $48.00 and gave the stock an “equal weight” rating in a research note on Friday, December 20th. Finally, Wells Fargo & Company raised their price target 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. Eight investment analysts have rated the stock with a hold rating and one has given a buy rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average price target of $45.00.

Janus Henderson Group Stock Down 2.6 %

NYSE:JHG traded down $1.14 during trading hours on Tuesday, hitting $42.13. 382,501 shares of the stock traded hands, compared to its average volume of 757,319. The firm has a market cap of $6.70 billion, a price-to-earnings ratio of 16.65, a PEG ratio of 0.62 and a beta of 1.50. The firm has a 50 day moving average price of $43.70 and a 200 day moving average price of $39.16. The company has a current ratio of 3.08, a quick ratio of 2.08 and a debt-to-equity ratio of 0.09. Janus Henderson Group has a fifty-two week low of $28.19 and a fifty-two week high of $45.74.

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

Institutional Investors Weigh In On Janus Henderson Group

Large investors have recently modified their holdings of the stock. Quarry LP grew its position in Janus Henderson Group by 203.6% in the third quarter. Quarry LP now owns 759 shares of the company’s stock valued at $29,000 after acquiring an additional 509 shares during the period. Huntington National Bank increased its position in shares of Janus Henderson Group by 24.5% during the 3rd quarter. Huntington National Bank now owns 1,219 shares of the company’s stock worth $46,000 after purchasing an additional 240 shares in the last quarter. Addison Advisors LLC lifted its holdings in Janus Henderson Group by 103.4% during the 3rd quarter. Addison Advisors LLC now owns 1,263 shares of the company’s stock valued at $48,000 after purchasing an additional 642 shares during the last quarter. Farther Finance Advisors LLC boosted its position in Janus Henderson Group by 70.6% in the third quarter. Farther Finance Advisors LLC now owns 1,390 shares of the company’s stock valued at $53,000 after buying an additional 575 shares in the last quarter. Finally, Abich Financial Wealth Management LLC grew its stake in Janus Henderson Group by 26.5% during the second quarter. Abich Financial Wealth Management LLC now owns 1,797 shares of the company’s stock worth $61,000 after buying an additional 377 shares during the last quarter. 87.94% of the stock is currently owned by institutional investors.

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.