Deutsche Bank AG assumed coverage on shares of Janus Capital Group, Inc (NYSE:JHG) in a research report sent to investors on Tuesday, October 17th. The brokerage issued a hold rating and a $36.00 price target on the stock.
Other analysts also recently issued research reports about the company. Keefe, Bruyette & Woods restated a hold rating and issued a $37.00 price target on shares of Janus Capital Group in a research note on Thursday, October 12th. Jefferies Group LLC restated a hold rating and set a $36.00 price objective (up previously from $35.00) on shares of Janus Capital Group in a research report on Tuesday, October 10th. Zacks Investment Research raised shares of Janus Capital Group from a hold rating to a strong-buy rating and set a $39.00 price target for the company in a report on Wednesday, September 27th. Wells Fargo & Company assumed coverage on shares of Janus Capital Group in a research note on Monday, September 25th. They issued a market perform rating and a $36.00 price objective for the company. Finally, ValuEngine lowered shares of Janus Capital Group from a buy rating to a hold rating in a report on Friday, September 1st. Ten analysts have rated the stock with a hold rating and two have issued a buy rating to the company. Janus Capital Group has an average rating of Hold and an average price target of $35.75.
Janus Capital Group (NYSE:JHG) traded up $0.25 during trading on Tuesday, hitting $35.05. The company had a trading volume of 125,632 shares, compared to its average volume of 354,697. Janus Capital Group has a 52 week low of $2.63 and a 52 week high of $36.25. The company has a debt-to-equity ratio of 0.07, a current ratio of 2.17 and a quick ratio of 1.48. The stock has a market cap of $6,974.13, a P/E ratio of 16.57, a P/E/G ratio of 1.16 and a beta of 1.47.
Janus Capital Group (NYSE:JHG) last posted its earnings results on Tuesday, August 8th. The company reported $0.68 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.55 by $0.13. Janus Capital Group had a return on equity of 10.90% and a net margin of 12.41%. The business had revenue of $384.80 million during the quarter, compared to analysts’ expectations of $394.97 million. During the same period in the previous year, the business earned $0.21 earnings per share. The firm’s revenue was up 49.7% on a year-over-year basis. research analysts predict that Janus Capital Group will post 2.41 earnings per share for the current fiscal year.
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Institutional investors and hedge funds have recently made changes to their positions in the company. Bartlett & Co. LLC purchased a new position in shares of Janus Capital Group in the 3rd quarter valued at $101,000. First Manhattan Co. purchased a new position in Janus Capital Group during the 3rd quarter worth $123,000. Trust Co. of Vermont purchased a new position in Janus Capital Group during the 3rd quarter worth $143,000. Fiduciary Trust Co. purchased a new position in Janus Capital Group during the 3rd quarter worth $210,000. Finally, Oakbrook Investments LLC acquired a new stake in shares of Janus Capital Group in the 3rd quarter worth $237,000. Institutional investors and hedge funds own 47.33% of the company’s stock.
Janus Capital 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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