Janus Henderson Group (JHG) Rating Increased to Sell at ValuEngine

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Janus Henderson Group (NYSE:JHG) was upgraded by research analysts at ValuEngine from a “strong sell” rating to a “sell” rating in a report released on Tuesday.

Other research analysts have also issued research reports about the company. Morgan Stanley lowered Janus Henderson Group from an “overweight” rating to an “equal weight” rating in a research report on Friday, November 23rd. JPMorgan Chase & Co. raised Janus Henderson Group from a “neutral” rating to an “overweight” rating and set a $24.41 price target for the company in a research report on Tuesday, March 12th. Finally, Zacks Investment Research lowered Janus Henderson Group from a “hold” rating to a “strong sell” rating in a research report on Wednesday, January 2nd. Three equities research analysts have rated the stock with a sell rating, four have given a hold rating and one has given a buy rating to the company’s stock. The company currently has an average rating of “Hold” and an average target price of $30.79.

Shares of JHG stock opened at $24.78 on Tuesday. The stock has a market cap of $4.94 billion, a P/E ratio of 9.04, a P/E/G ratio of 1.38 and a beta of 1.18. Janus Henderson Group has a 1-year low of $19.00 and a 1-year high of $34.99. The company has a debt-to-equity ratio of 0.07, a current ratio of 2.77 and a quick ratio of 1.98.

Janus Henderson Group (NYSE:JHG) last issued its earnings results on Tuesday, February 5th. The company reported $0.59 earnings per share for the quarter, missing the consensus estimate of $0.63 by ($0.04). The company had revenue of $545.10 million for the quarter, compared to analysts’ expectations of $560.57 million. Janus Henderson Group had a net margin of 22.53% and a return on equity of 11.05%. The company’s revenue was down 12.3% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.73 earnings per share. As a group, equities research analysts expect that Janus Henderson Group will post 2.5 EPS for the current fiscal year.

Several large investors have recently made changes to their positions in the company. American Century Companies Inc. bought a new position in shares of Janus Henderson Group in the 4th quarter worth approximately $26,569,000. Geode Capital Management LLC raised its position in shares of Janus Henderson Group by 5.0% in the 4th quarter. Geode Capital Management LLC now owns 1,446,996 shares of the company’s stock worth $29,981,000 after acquiring an additional 68,425 shares in the last quarter. Norges Bank bought a new position in shares of Janus Henderson Group in the 4th quarter worth approximately $41,678,000. River & Mercantile Asset Management LLP bought a new position in shares of Janus Henderson Group in the 4th quarter worth approximately $3,254,000. Finally, Legal & General Group Plc raised its position in shares of Janus Henderson Group by 6.9% in the 4th quarter. Legal & General Group Plc now owns 731,614 shares of the company’s stock worth $15,159,000 after acquiring an additional 47,164 shares in the last quarter. 58.99% of the stock is owned by hedge funds and other institutional investors.

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.

Further Reading: Market Capitalization

To view ValuEngine’s full report, visit ValuEngine’s official website.

Analyst Recommendations for Janus Henderson Group (NYSE:JHG)

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