Janus Henderson Group (NYSE:JHG) PT Raised to $30.00 at UBS Group

Janus Henderson Group (NYSE:JHG) had its price objective boosted by equities research analysts at UBS Group from $28.00 to $30.00 in a research note issued to investors on Friday, Benzinga reports. The brokerage presently has a “sell” rating on the stock. UBS Group’s price objective would suggest a potential downside of 5.33% from the company’s current price.

JHG has been the topic of several other reports. StockNews.com raised Janus Henderson Group from a “hold” rating to a “buy” rating in a research note on Thursday, February 29th. JPMorgan Chase & Co. upgraded shares of Janus Henderson Group from an “underweight” rating to a “neutral” rating and raised their price objective for the company from $28.00 to $31.00 in a research note on Friday, February 2nd. The Goldman Sachs Group upped their price target on Janus Henderson Group from $29.00 to $32.00 and gave the company a “sell” rating in a report on Tuesday, April 2nd. Morgan Stanley boosted their target price on shares of Janus Henderson Group from $27.00 to $28.00 and gave the company an “equal weight” rating in a research note on Friday, January 19th. Finally, TD Cowen started coverage on shares of Janus Henderson Group in a research note on Thursday, January 4th. They set a “market perform” rating and a $30.00 target price for the company. Two research analysts have rated the stock with a sell rating, seven have issued a hold rating and two have given a buy rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Hold” and a consensus price target of $27.57.

Janus Henderson Group Price Performance

Shares of NYSE JHG traded down $0.40 during trading hours on Friday, reaching $31.69. 222,476 shares of the stock traded hands, compared to its average volume of 1,107,098. The company has a quick ratio of 2.76, a current ratio of 3.89 and a debt-to-equity ratio of 0.07. The company’s 50-day simple moving average is $31.55 and its two-hundred day simple moving average is $28.41. The company has a market capitalization of $5.11 billion, a P/E ratio of 13.37, a price-to-earnings-growth ratio of 1.58 and a beta of 1.52. Janus Henderson Group has a 52-week low of $22.17 and a 52-week high of $33.25.

Janus Henderson Group (NYSE:JHG) last announced its quarterly earnings results on Thursday, February 1st. The company reported $0.82 EPS for the quarter, topping analysts’ consensus estimates of $0.56 by $0.26. The business had revenue of $568.50 million for the quarter, compared to analysts’ expectations of $520.26 million. Janus Henderson Group had a return on equity of 9.46% and a net margin of 18.39%. The business’s quarterly revenue was up 10.3% on a year-over-year basis. During the same period in the previous year, the firm earned $0.61 EPS. Equities research analysts forecast that Janus Henderson Group will post 2.75 EPS for the current year.

Insider Buying and Selling at Janus Henderson Group

In other news, insider Georgina Fogo sold 22,076 shares of the company’s stock in a transaction dated Wednesday, February 28th. The shares were sold at an average price of $30.93, for a total transaction of $682,810.68. Following the sale, the insider now directly owns 101,623 shares in the company, valued at approximately $3,143,199.39. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. In other news, insider Georgina Fogo sold 22,076 shares of the company’s stock in a transaction dated Wednesday, February 28th. The shares were sold at an average price of $30.93, for a total transaction of $682,810.68. Following the sale, the insider now directly owns 101,623 shares in the company, valued at approximately $3,143,199.39. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, CFO Roger Mj Thompson sold 30,656 shares of the stock in a transaction dated Wednesday, February 28th. The stock was sold at an average price of $30.93, for a total transaction of $948,190.08. Following the completion of the sale, the chief financial officer now directly owns 126,439 shares in the company, valued at $3,910,758.27. The disclosure for this sale can be found here. Insiders sold 70,133 shares of company stock valued at $2,172,459 in the last 90 days. Insiders own 19.60% of the company’s stock.

Hedge Funds Weigh In On Janus Henderson Group

Hedge funds have recently added to or reduced their stakes in the stock. Point72 Asset Management L.P. bought a new position in Janus Henderson Group in the 2nd quarter worth about $30,000. Hexagon Capital Partners LLC grew its stake in Janus Henderson Group by 72.6% in the 4th quarter. Hexagon Capital Partners LLC now owns 1,210 shares of the company’s stock worth $36,000 after acquiring an additional 509 shares in the last quarter. Neo Ivy Capital Management bought a new position in Janus Henderson Group in the 3rd quarter worth about $39,000. EverSource Wealth Advisors LLC grew its stake in Janus Henderson Group by 39.7% in the 4th quarter. EverSource Wealth Advisors LLC now owns 1,299 shares of the company’s stock worth $39,000 after acquiring an additional 369 shares in the last quarter. Finally, Advisory Services Network LLC grew its stake in Janus Henderson Group by 486.3% in the 1st quarter. Advisory Services Network LLC now owns 1,495 shares of the company’s stock worth $40,000 after acquiring an additional 1,240 shares in the last quarter. 87.94% of the stock is currently 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.