Janus Henderson Group (NYSE:JHG) Downgraded by StockNews.com to “Hold”

Janus Henderson Group (NYSE:JHG) was downgraded by StockNews.com from a “buy” rating to a “hold” rating in a research note issued on Tuesday.

A number of other equities analysts have also recently weighed in on JHG. UBS Group upgraded Janus Henderson Group from a “neutral” rating to a “buy” rating and upped their price target for the stock from $45.00 to $50.00 in a report on Monday, February 24th. JPMorgan Chase & Co. upgraded shares of Janus Henderson Group from a “neutral” rating to an “overweight” rating and upped their target price for the company from $44.00 to $53.00 in a research note on Wednesday, February 5th. The Goldman Sachs Group raised shares of Janus Henderson Group from a “sell” rating to a “neutral” rating and raised their price target for the company from $42.00 to $45.00 in a report on Monday, January 6th. Wells Fargo & Company boosted their price objective on shares of Janus Henderson Group from $43.00 to $46.00 and gave the stock an “equal weight” rating in a report on Monday, February 3rd. Finally, Morgan Stanley upped their price objective on shares of Janus Henderson Group from $46.00 to $48.00 and gave the company an “equal weight” rating in a research report on Friday, December 20th. Six investment analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. Based on data from MarketBeat, Janus Henderson Group currently has an average rating of “Hold” and a consensus target price of $47.38.

Janus Henderson Group Stock Up 0.3 %

Shares of NYSE:JHG traded up $0.11 during midday trading on Tuesday, hitting $37.94. 1,163,955 shares of the company’s stock traded hands, compared to its average volume of 999,115. The firm’s fifty day moving average price is $41.52 and its two-hundred day moving average price is $41.52. The company has a debt-to-equity ratio of 0.08, a quick ratio of 2.08 and a current ratio of 3.08. Janus Henderson Group has a twelve month low of $30.35 and a twelve month high of $46.68. The company has a market cap of $5.98 billion, a PE ratio of 14.82, a P/E/G ratio of 0.66 and a beta of 1.49.

Janus Henderson Group (NYSE:JHG) last issued its quarterly earnings data on Friday, January 31st. The company reported $1.07 EPS for the quarter, topping analysts’ consensus estimates of $0.94 by $0.13. Janus Henderson Group had a return on equity of 12.18% and a net margin of 16.38%. During the same quarter in the previous year, the firm earned $0.82 EPS. On average, equities research analysts anticipate that Janus Henderson Group will post 3.75 EPS for the current fiscal year.

Hedge Funds Weigh In On Janus Henderson Group

Several large investors have recently modified their holdings of the stock. Vanguard Group Inc. raised its stake in Janus Henderson Group by 1.5% during the fourth quarter. Vanguard Group Inc. now owns 14,148,813 shares of the company’s stock valued at $601,749,000 after buying an additional 203,330 shares in the last quarter. Millennium Management LLC increased its stake in shares of Janus Henderson Group by 23.9% during the fourth quarter. Millennium Management LLC now owns 7,247,633 shares of the company’s stock valued at $308,242,000 after acquiring an additional 1,399,781 shares during the period. Charles Schwab Investment Management Inc. lifted its holdings in shares of Janus Henderson Group by 3.3% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 4,593,441 shares of the company’s stock valued at $195,359,000 after buying an additional 147,362 shares during the period. Northern Trust Corp boosted its stake in Janus Henderson Group by 8.4% during the fourth quarter. Northern Trust Corp now owns 2,320,796 shares of the company’s stock valued at $98,703,000 after buying an additional 180,726 shares in the last quarter. Finally, Geode Capital Management LLC boosted its stake in Janus Henderson Group by 0.6% during the third quarter. Geode Capital Management LLC now owns 2,124,618 shares of the company’s stock valued at $80,907,000 after buying an additional 12,884 shares in the last quarter. Institutional investors own 87.94% of the company’s stock.

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.