Janus Henderson Group (NYSE:JHG) Shares Gap Up – What’s Next?

Janus Henderson Group plc (NYSE:JHG)’s share price gapped up prior to trading on Tuesday . The stock had previously closed at $50.74, but opened at $52.35. Janus Henderson Group shares last traded at $52.0460, with a volume of 6,651,204 shares changing hands.

Analyst Ratings Changes

A number of brokerages have weighed in on JHG. Evercore decreased their price target on shares of Janus Henderson Group from $50.00 to $49.00 and set an “in-line” rating on the stock in a report on Monday, December 22nd. Zacks Research raised Janus Henderson Group from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, February 10th. Weiss Ratings reiterated a “buy (b)” rating on shares of Janus Henderson Group in a report on Monday, December 29th. Wall Street Zen upgraded shares of Janus Henderson Group from a “hold” rating to a “buy” rating in a report on Saturday, December 20th. Finally, Bank of America reissued a “neutral” rating and issued a $49.00 price objective (down from $54.00) on shares of Janus Henderson Group in a research report on Monday, January 5th. Two analysts have rated the stock with a Strong Buy rating, two have issued a Buy rating and six have issued a Hold rating to the company. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $47.38.

Janus Henderson Group Stock Up 2.6%

The firm’s 50 day moving average price is $49.46 and its two-hundred day moving average price is $46.35. The firm has a market capitalization of $8.02 billion, a PE ratio of 9.89, a P/E/G ratio of 1.44 and a beta of 1.53. The company has a quick ratio of 2.50, a current ratio of 4.18 and a debt-to-equity ratio of 0.07.

Janus Henderson Group (NYSE:JHG) last issued its quarterly earnings data on Friday, January 30th. The company reported $2.01 EPS for the quarter, topping analysts’ consensus estimates of $1.19 by $0.82. The firm had revenue of $996.60 million for the quarter, compared to analyst estimates of $763.09 million. Janus Henderson Group had a net margin of 25.83% and a return on equity of 14.70%. The firm’s revenue was up 61.3% compared to the same quarter last year. During the same quarter in the previous year, the business posted $1.07 EPS. As a group, research analysts forecast that Janus Henderson Group plc will post 3.75 EPS for the current fiscal year.

Insider Transactions at Janus Henderson Group

In other Janus Henderson Group news, CTO William B. Cassidy sold 16,947 shares of the firm’s stock in a transaction on Friday, February 27th. The shares were sold at an average price of $52.27, for a total transaction of $885,819.69. Following the completion of the transaction, the chief technology officer directly owned 118,939 shares of the company’s stock, valued at $6,216,941.53. This trade represents a 12.47% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Megan Podzorov sold 1,650 shares of the company’s stock in a transaction dated Tuesday, March 10th. The shares were sold at an average price of $51.24, for a total transaction of $84,546.00. Following the completion of the sale, the insider owned 12,204 shares in the company, valued at approximately $625,332.96. This trade represents a 11.91% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders sold 146,229 shares of company stock valued at $7,239,650. 20.40% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

A number of large investors have recently bought and sold shares of JHG. V Square Quantitative Management LLC bought a new stake in shares of Janus Henderson Group in the 4th quarter valued at approximately $25,000. Bessemer Group Inc. boosted its holdings in Janus Henderson Group by 134.6% in the third quarter. Bessemer Group Inc. now owns 596 shares of the company’s stock worth $26,000 after purchasing an additional 342 shares during the period. United Community Bank bought a new stake in Janus Henderson Group during the third quarter valued at $30,000. Empowered Funds LLC bought a new position in shares of Janus Henderson Group in the 4th quarter worth about $33,000. Finally, Quent Capital LLC acquired a new position in shares of Janus Henderson Group in the 3rd quarter valued at about $36,000. Institutional investors own 87.94% of the company’s stock.

Janus Henderson Group Company Profile

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.