Janus Henderson Group plc (NYSE:JHG) Given Consensus Rating of “Hold” by Brokerages

Janus Henderson Group plc (NYSE:JHG) has been given an average recommendation of “Hold” by the seven analysts that are covering the company, MarketBeat Ratings reports. Five investment analysts have rated the stock with a hold recommendation, one has given a buy recommendation and one has issued a strong buy recommendation on the company. The average 12-month price target among brokerages that have issued a report on the stock in the last year is $49.40.

Several analysts have commented on JHG shares. Zacks Research lowered shares of Janus Henderson Group from a “strong-buy” rating to a “hold” rating in a research report on Monday, April 6th. Weiss Ratings reissued a “buy (b)” rating on shares of Janus Henderson Group in a research report on Wednesday, June 24th.

Hedge Funds Weigh In On Janus Henderson Group

Several institutional investors and hedge funds have recently bought and sold shares of the company. V Square Quantitative Management LLC purchased a new stake in Janus Henderson Group in the fourth quarter worth $25,000. Western Wealth Management LLC purchased a new position in shares of Janus Henderson Group during the 1st quarter valued at $25,000. Elevation Wealth Partners LLC lifted its position in shares of Janus Henderson Group by 215.2% during the 2nd quarter. Elevation Wealth Partners LLC now owns 561 shares of the company’s stock valued at $29,000 after buying an additional 383 shares during the last quarter. Empowered Funds LLC bought a new position in shares of Janus Henderson Group during the 4th quarter worth $33,000. Finally, Larson Financial Group LLC grew its stake in shares of Janus Henderson Group by 108.0% during the 4th quarter. Larson Financial Group LLC now owns 782 shares of the company’s stock worth $37,000 after acquiring an additional 406 shares during the period. 87.94% of the stock is owned by institutional investors.

Janus Henderson Group Price Performance

Shares of NYSE:JHG opened at $51.95 on Friday. The company has a market capitalization of $8.00 billion, a PE ratio of 10.23, a price-to-earnings-growth ratio of 5.78 and a beta of 1.35. The company has a debt-to-equity ratio of 0.07, a current ratio of 3.89 and a quick ratio of 2.51. The business has a fifty day moving average price of $51.87 and a two-hundred day moving average price of $50.78. Janus Henderson Group has a 1 year low of $38.67 and a 1 year high of $53.76.

Janus Henderson Group (NYSE:JHG) last released its earnings results on Friday, May 8th. The company reported $0.90 EPS for the quarter, missing analysts’ consensus estimates of $0.98 by ($0.08). The business had revenue of $541.60 million for the quarter, compared to the consensus estimate of $560.37 million. Janus Henderson Group had a return on equity of 14.59% and a net margin of 24.33%.The company’s revenue for the quarter was up 11.0% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.79 earnings per share. Analysts forecast that Janus Henderson Group will post 4.39 earnings per share for the current year.

About Janus Henderson Group

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.