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

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

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

Janus Henderson Group Trading Down 1.2 %

Shares of Janus Henderson Group stock opened at $37.50 on Tuesday. The firm’s 50 day simple moving average is $41.44 and its two-hundred day simple moving average is $41.50. The firm has a market capitalization of $5.91 billion, a price-to-earnings ratio of 14.65, a PEG ratio of 0.66 and a beta of 1.49. Janus Henderson Group has a 12-month low of $30.35 and a 12-month high of $46.68. The company has a current ratio of 3.08, a quick ratio of 2.08 and a debt-to-equity ratio of 0.08.

Janus Henderson Group (NYSE:JHG) last announced its quarterly earnings data on Friday, January 31st. The company reported $1.07 earnings per share for the quarter, beating analysts’ consensus estimates of $0.94 by $0.13. Janus Henderson Group had a net margin of 16.38% and a return on equity of 12.18%. During the same quarter last year, the firm earned $0.82 EPS. Analysts predict that Janus Henderson Group will post 3.75 EPS for the current year.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of JHG. Quarry LP increased its stake in shares of Janus Henderson Group by 203.6% in the 3rd quarter. Quarry LP now owns 759 shares of the company’s stock valued at $29,000 after purchasing an additional 509 shares in the last quarter. UMB Bank n.a. grew its holdings in Janus Henderson Group by 56.5% in the fourth quarter. UMB Bank n.a. now owns 787 shares of the company’s stock valued at $33,000 after purchasing an additional 284 shares during the period. Richardson Financial Services Inc. increased its position in shares of Janus Henderson Group by 89.4% in the fourth quarter. Richardson Financial Services Inc. now owns 769 shares of the company’s stock valued at $33,000 after buying an additional 363 shares in the last quarter. True Wealth Design LLC raised its stake in shares of Janus Henderson Group by 66.9% during the 4th quarter. True Wealth Design LLC now owns 1,020 shares of the company’s stock worth $43,000 after buying an additional 409 shares during the period. Finally, Larson Financial Group LLC lifted its position in shares of Janus Henderson Group by 33.9% during the 4th quarter. Larson Financial Group LLC now owns 1,137 shares of the company’s stock valued at $48,000 after buying an additional 288 shares in the last quarter. Institutional investors and hedge funds 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.