JPMorgan Chase & Co. Increases Janus Henderson Group (NYSE:JHG) Price Target to $35.00

Janus Henderson Group (NYSE:JHG) had its target price boosted by JPMorgan Chase & Co. from $31.00 to $35.00 in a research report issued on Tuesday, Benzinga reports. The brokerage presently has a “neutral” rating on the stock. JPMorgan Chase & Co.‘s target price would suggest a potential upside of 10.31% from the company’s current price.

JHG has been the topic of several other reports. The Goldman Sachs Group boosted their price objective on shares of Janus Henderson Group from $29.00 to $32.00 and gave the company a “sell” rating in a report on Tuesday, April 2nd. TD Cowen started coverage on shares of Janus Henderson Group in a report on Thursday, January 4th. They issued a “market perform” rating and a $30.00 price objective on the stock. UBS Group boosted their price objective on shares of Janus Henderson Group from $28.00 to $30.00 and gave the company a “sell” rating in a report on Friday, April 12th. Morgan Stanley boosted their price objective on shares of Janus Henderson Group from $30.00 to $33.00 and gave the company an “equal weight” rating in a report on Wednesday, April 17th. Finally, StockNews.com upgraded shares of Janus Henderson Group from a “hold” rating to a “buy” rating in a research note on Thursday, February 29th. Two research analysts have rated the stock with a sell rating, six have assigned a hold rating and two have given a buy rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus target price of $28.83.

Janus Henderson Group Trading Up 1.6 %

Shares of JHG stock traded up $0.49 on Tuesday, hitting $31.73. 146,656 shares of the stock traded hands, compared to its average volume of 1,087,232. The firm’s 50-day moving average price is $31.63 and its two-hundred day moving average price is $28.75. The company has a debt-to-equity ratio of 0.07, a quick ratio of 2.76 and a current ratio of 3.89. The stock has a market capitalization of $5.12 billion, a PE ratio of 13.35, a PEG ratio of 1.48 and a beta of 1.52. Janus Henderson Group has a twelve month low of $22.17 and a twelve month high of $33.25.

Janus Henderson Group (NYSE:JHG) last issued its quarterly earnings data on Thursday, February 1st. The company reported $0.82 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.56 by $0.26. The firm had revenue of $568.50 million for the quarter, compared to analyst estimates of $520.26 million. Janus Henderson Group had a net margin of 18.39% and a return on equity of 9.46%. Janus Henderson Group’s 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. As a group, analysts anticipate that Janus Henderson Group will post 2.8 EPS for the current year.

Insider Buying and Selling

In related news, CAO Brennan A. Hughes sold 1,812 shares of the company’s stock in a transaction that occurred on Wednesday, March 6th. The shares were sold at an average price of $32.27, for a total transaction of $58,473.24. Following the sale, the chief accounting officer now directly owns 3,535 shares in the company, valued at $114,074.45. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. In related news, CFO Roger Mj Thompson sold 30,656 shares of the company’s stock in a transaction that occurred on Wednesday, February 28th. The shares were sold at an average price of $30.93, for a total transaction of $948,190.08. Following the sale, the chief financial officer now directly owns 126,439 shares in the company, valued at $3,910,758.27. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, CAO Brennan A. Hughes sold 1,812 shares of the company’s stock in a transaction that occurred on Wednesday, March 6th. The stock was sold at an average price of $32.27, for a total transaction of $58,473.24. Following the sale, the chief accounting officer now owns 3,535 shares in the company, valued at $114,074.45. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 70,133 shares of company stock worth $2,172,459. Company insiders own 20.00% of the company’s stock.

Hedge Funds Weigh In On Janus Henderson Group

A number of institutional investors and hedge funds have recently added to or reduced their stakes in JHG. SG Americas Securities LLC boosted its holdings in Janus Henderson Group by 5.8% in the third quarter. SG Americas Securities LLC now owns 19,374 shares of the company’s stock valued at $500,000 after purchasing an additional 1,069 shares in the last quarter. Greenwood Capital Associates LLC boosted its holdings in Janus Henderson Group by 11.9% in the third quarter. Greenwood Capital Associates LLC now owns 45,285 shares of the company’s stock valued at $1,169,000 after purchasing an additional 4,820 shares in the last quarter. Silchester International Investors LLP boosted its holdings in Janus Henderson Group by 0.3% in the third quarter. Silchester International Investors LLP now owns 13,974,469 shares of the company’s stock valued at $360,821,000 after purchasing an additional 39,900 shares in the last quarter. Robeco Institutional Asset Management B.V. boosted its holdings in Janus Henderson Group by 14.3% in the third quarter. Robeco Institutional Asset Management B.V. now owns 61,038 shares of the company’s stock valued at $1,576,000 after purchasing an additional 7,636 shares in the last quarter. Finally, Bailard Inc. acquired a new position in Janus Henderson Group in the third quarter valued at approximately $272,000. 87.94% of the stock is owned by institutional investors and hedge funds.

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.