Janus Henderson Group (NYSE:JHG) was downgraded by research analysts at ValuEngine from a “sell” rating to a “strong sell” rating in a research note issued on Tuesday, ValuEngine reports.

Several other research analysts have also commented on the company. Zacks Investment Research upgraded Janus Henderson Group from a “sell” rating to a “hold” rating in a research report on Wednesday, March 13th. JPMorgan Chase & Co. upgraded Janus Henderson Group from a “neutral” rating to an “overweight” rating and set a $24.41 price objective on the stock in a research report on Tuesday, March 12th. Three research analysts have rated the stock with a sell rating, four have issued a hold rating and one has assigned a buy rating to the company. The company has an average rating of “Hold” and an average price target of $30.79.

JHG stock traded down $0.98 during trading on Tuesday, hitting $24.19. 2,432,000 shares of the company’s stock traded hands, compared to its average volume of 1,048,275. Janus Henderson Group has a 52 week low of $19.00 and a 52 week high of $34.62. The firm has a market capitalization of $4.98 billion, a P/E ratio of 8.83, a price-to-earnings-growth ratio of 1.37 and a beta of 1.18. The company has a quick ratio of 1.98, a current ratio of 2.77 and a debt-to-equity ratio of 0.07.

Janus Henderson Group (NYSE:JHG) last posted its earnings results on Tuesday, February 5th. The company reported $0.59 earnings per share for the quarter, missing analysts’ consensus estimates of $0.63 by ($0.04). The business had revenue of $545.10 million during the quarter, compared to the consensus estimate of $560.57 million. Janus Henderson Group had a return on equity of 11.05% and a net margin of 22.53%. The business’s quarterly revenue was down 12.3% on a year-over-year basis. During the same quarter last year, the firm earned $0.73 earnings per share. As a group, analysts anticipate that Janus Henderson Group will post 2.5 EPS for the current year.

Hedge funds and other institutional investors have recently bought and sold shares of the business. Silchester International Investors LLP boosted its stake in shares of Janus Henderson Group by 1.0% during the 1st quarter. Silchester International Investors LLP now owns 16,996,104 shares of the company’s stock worth $424,563,000 after purchasing an additional 163,018 shares during the period. Tibra Equities Europe Ltd purchased a new stake in Janus Henderson Group in the 1st quarter worth about $3,232,000. American Century Companies Inc. bought a new stake in Janus Henderson Group in the fourth quarter worth about $26,569,000. Geode Capital Management LLC lifted its stake in Janus Henderson Group by 5.0% in the fourth quarter. Geode Capital Management LLC now owns 1,446,996 shares of the company’s stock worth $29,981,000 after purchasing an additional 68,425 shares during the last quarter. Finally, Norges Bank purchased a new position in shares of Janus Henderson Group during the fourth quarter valued at approximately $41,678,000. 60.41% of the stock is 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.

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Analyst Recommendations for Janus Henderson Group (NYSE:JHG)

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