Janus Henderson Group (NYSE:JHG) Reaches New 52-Week High – Should You Buy?

Janus Henderson Group plc (NYSE:JHG) shares reached a new 52-week high on Monday . The stock traded as high as $50.23 and last traded at $49.8510, with a volume of 174770 shares traded. The stock had previously closed at $50.20.

Analyst Upgrades and Downgrades

A number of analysts have recently issued reports on the stock. Zacks Research raised shares of Janus Henderson Group from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, February 10th. Evercore decreased their price target on shares of Janus Henderson Group from $50.00 to $49.00 and set an “in-line” rating on the stock in a research note on Monday, December 22nd. TD Cowen cut Janus Henderson Group from a “buy” rating to a “hold” rating and set a $49.00 target price for the company. in a report on Tuesday, December 23rd. Weiss Ratings reissued a “buy (b)” rating on shares of Janus Henderson Group in a research note on Monday, December 29th. Finally, Morgan Stanley upped their price target on shares of Janus Henderson Group from $46.00 to $48.00 and gave the stock an “equal weight” rating in a report on Wednesday, December 17th. Two investment analysts have rated the stock with a Strong Buy rating, three have issued a Buy rating and six have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, Janus Henderson Group has a consensus rating of “Moderate Buy” and a consensus price target of $47.67.

Janus Henderson Group Stock Performance

The company has a debt-to-equity ratio of 0.07, a quick ratio of 2.15 and a current ratio of 4.02. The stock has a market cap of $7.70 billion, a PE ratio of 9.48, a price-to-earnings-growth ratio of 1.43 and a beta of 1.54. The firm has a fifty day moving average price of $47.84 and a 200 day moving average price of $45.26.

Janus Henderson Group (NYSE:JHG) last released its quarterly earnings results on Friday, January 30th. The company reported $2.01 EPS for the quarter, beating analysts’ consensus estimates of $1.19 by $0.82. Janus Henderson Group had a return on equity of 14.70% and a net margin of 25.83%.The company had revenue of $996.60 million during the quarter, compared to analysts’ expectations of $763.09 million. During the same period last year, the business posted $1.07 earnings per share. The firm’s revenue was up 61.3% compared to the same quarter last year. Research analysts forecast that Janus Henderson Group plc will post 3.75 earnings per share for the current fiscal year.

Insider Transactions at Janus Henderson Group

In related news, CEO Ali Dibadj sold 127,632 shares of the firm’s stock in a transaction on Tuesday, February 17th. The shares were sold at an average price of $49.12, for a total transaction of $6,269,283.84. Following the completion of the transaction, the chief executive officer owned 449,078 shares of the company’s stock, valued at $22,058,711.36. This trade represents a 22.13% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Insiders own 20.40% of the company’s stock.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. V Square Quantitative Management LLC acquired a new position in shares of Janus Henderson Group during the 4th quarter worth approximately $25,000. Bessemer Group Inc. boosted its position in shares of Janus Henderson Group by 134.6% during the 3rd quarter. Bessemer Group Inc. now owns 596 shares of the company’s stock valued at $26,000 after acquiring an additional 342 shares during the last quarter. United Community Bank purchased a new stake in shares of Janus Henderson Group in the third quarter valued at about $30,000. Empowered Funds LLC acquired a new stake in Janus Henderson Group during the fourth quarter worth about $33,000. Finally, Quent Capital LLC purchased a new position in Janus Henderson Group during the third quarter worth about $36,000. Hedge funds and other institutional investors own 87.94% of the company’s stock.

Janus Henderson Group Company Profile

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.