Shares of Janus Capital Group, Inc (NYSE:JHG) have been assigned a consensus rating of “Hold” from the twelve research firms that are currently covering the firm, Marketbeat Ratings reports. Ten research analysts have rated the stock with a hold rating and two have issued a buy rating on the company. The average 1-year target price among brokerages that have issued ratings on the stock in the last year is $35.43.

Several brokerages have recently weighed in on JHG. Zacks Investment Research lowered shares of Janus Capital Group from a “buy” rating to a “hold” rating in a research report on Tuesday, August 8th. Keefe, Bruyette & Woods reiterated a “hold” rating and set a $36.00 target price on shares of Janus Capital Group in a research report on Friday, July 14th. Wells Fargo & Company began coverage on shares of Janus Capital Group in a research report on Monday, September 25th. They set a “market perform” rating and a $36.00 target price on the stock. Citigroup Inc. reiterated a “neutral” rating and set a $37.00 target price (up from $34.50) on shares of Janus Capital Group in a research report on Thursday, August 10th. Finally, Jefferies Group LLC reiterated a “hold” rating and set a $35.00 target price on shares of Janus Capital Group in a research report on Tuesday, September 26th.

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Janus Capital Group (JHG) opened at $34.80 on Monday. Janus Capital Group has a twelve month low of $2.63 and a twelve month high of $36.25. The company has a current ratio of 2.17, a quick ratio of 1.48 and a debt-to-equity ratio of 0.07. The stock has a market cap of $6,974.13, a PE ratio of 16.57, a PEG ratio of 1.16 and a beta of 1.47.

Janus Capital Group (NYSE:JHG) last posted its quarterly earnings data on Tuesday, August 8th. The company reported $0.68 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.55 by $0.13. Janus Capital Group had a net margin of 12.41% and a return on equity of 10.90%. The company had revenue of $384.80 million for the quarter, compared to the consensus estimate of $394.97 million. During the same quarter in the previous year, the firm posted $0.21 EPS. The business’s revenue was up 49.7% compared to the same quarter last year. equities research analysts forecast that Janus Capital Group will post 2.41 earnings per share for the current year.

A number of large investors have recently added to or reduced their stakes in the business. Fisher Asset Management LLC acquired a new position in Janus Capital Group in the third quarter valued at about $57,515,000. Gamco Investors INC. ET AL acquired a new position in Janus Capital Group in the third quarter valued at about $37,359,000. Gabelli Funds LLC acquired a new position in Janus Capital Group in the third quarter valued at about $23,517,000. Swiss National Bank acquired a new position in Janus Capital Group in the third quarter valued at about $11,093,000. Finally, Nationwide Fund Advisors acquired a new position in Janus Capital Group in the third quarter valued at about $10,647,000. Hedge funds and other institutional investors own 47.33% of the company’s stock.

About Janus Capital 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.

Analyst Recommendations for Janus Capital Group (NYSE:JHG)

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