Brokerages Set Janus Henderson Group plc (NYSE:JHG) Price Target at $48.29

Shares of Janus Henderson Group plc (NYSE:JHG) have earned a consensus rating of “Hold” from the nine analysts that are presently covering the company, MarketBeat Ratings reports. Six analysts have rated the stock with a hold recommendation, two have assigned a buy recommendation and one has given a strong buy recommendation to the company. The average 1-year target price among brokerages that have covered the stock in the last year is $48.2857.

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

Janus Henderson Group Price Performance

NYSE JHG opened at $51.97 on Wednesday. The company has a debt-to-equity ratio of 0.07, a current ratio of 3.89 and a quick ratio of 2.51. The stock’s fifty day moving average price is $51.75 and its 200 day moving average price is $50.15. Janus Henderson Group has a 1 year low of $38.67 and a 1 year high of $53.76. The company has a market cap of $8.01 billion, a price-to-earnings ratio of 10.23, a PEG ratio of 5.78 and a beta of 1.35.

Janus Henderson Group (NYSE:JHG) last released 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). Janus Henderson Group had a net margin of 24.33% and a return on equity of 14.59%. The firm had revenue of $541.60 million during the quarter, compared to analyst estimates of $560.37 million. During the same period in the previous year, the company earned $0.79 earnings per share. Janus Henderson Group’s revenue was up 11.0% on a year-over-year basis. As a group, equities research analysts forecast that Janus Henderson Group will post 4.39 earnings per share for the current year.

Hedge Funds Weigh In On Janus Henderson Group

Hedge funds have recently made changes to their positions in the company. V Square Quantitative Management LLC acquired a new stake in Janus Henderson Group during the 4th quarter worth about $25,000. Western Wealth Management LLC acquired a new stake in Janus Henderson Group during the 1st quarter worth about $25,000. Empowered Funds LLC acquired a new stake in Janus Henderson Group during the 4th quarter worth about $33,000. Larson Financial Group LLC grew its position in Janus Henderson Group by 108.0% during the 4th quarter. Larson Financial Group LLC now owns 782 shares of the company’s stock worth $37,000 after purchasing an additional 406 shares during the period. Finally, Hantz Financial Services Inc. grew its position in Janus Henderson Group by 114.7% during the 4th quarter. Hantz Financial Services Inc. now owns 831 shares of the company’s stock worth $40,000 after purchasing an additional 444 shares during the period. 87.94% of the stock is owned by institutional investors and hedge funds.

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.