Janus Henderson Group (NYSE:JHG) PT Raised to $37.00 at The Goldman Sachs Group

Janus Henderson Group (NYSE:JHG) had its price objective boosted by stock analysts at The Goldman Sachs Group from $36.00 to $37.00 in a report issued on Thursday, Benzinga reports. The brokerage currently has a “sell” rating on the stock. The Goldman Sachs Group’s price target points to a potential downside of 4.98% from the stock’s previous close.

Several other equities research analysts also recently weighed in on JHG. UBS Group raised Janus Henderson Group from a “sell” rating to a “neutral” rating and raised their price objective for the company from $33.00 to $37.00 in a report on Monday, September 9th. Wells Fargo & Company started coverage on Janus Henderson Group in a report on Thursday, September 12th. They set an “equal weight” rating and a $37.00 price objective on the stock. TD Cowen raised their price objective on Janus Henderson Group from $37.00 to $38.00 and gave the company a “buy” rating in a report on Monday, July 8th. StockNews.com downgraded Janus Henderson Group from a “buy” rating to a “hold” rating in a report on Friday, August 16th. Finally, JPMorgan Chase & Co. lifted their target price on Janus Henderson Group from $38.00 to $39.00 and gave the stock a “neutral” rating in a report on Friday, August 2nd. One equities research analyst has rated the stock with a sell rating, eight have issued a hold rating and two have given a buy rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Hold” and an average price target of $34.63.

Janus Henderson Group Trading Up 3.4 %

Shares of JHG opened at $38.94 on Thursday. Janus Henderson Group has a 52-week low of $22.17 and a 52-week high of $39.11. The business’s fifty day moving average is $36.65 and its 200-day moving average is $34.45. The company has a debt-to-equity ratio of 0.07, a quick ratio of 2.67 and a current ratio of 4.05. The firm has a market cap of $6.20 billion, a price-to-earnings ratio of 14.69, a PEG ratio of 0.77 and a beta of 1.51.

Janus Henderson Group (NYSE:JHG) last released its quarterly earnings data on Thursday, August 1st. The company reported $0.85 earnings per share for the quarter, beating the consensus estimate of $0.74 by $0.11. Janus Henderson Group had a return on equity of 10.76% and a net margin of 21.02%. The company had revenue of $588.40 million for the quarter, compared to the consensus estimate of $568.79 million. During the same quarter last year, the business posted $0.62 EPS. Janus Henderson Group’s revenue for the quarter was up 13.9% on a year-over-year basis. Equities analysts anticipate that Janus Henderson Group will post 3.23 EPS for the current fiscal year.

Insider Activity

In other news, CAO Michelle Rosenberg sold 7,651 shares of the business’s stock in a transaction dated Monday, August 19th. The stock was sold at an average price of $36.51, for a total value of $279,338.01. Following the transaction, the chief accounting officer now directly owns 89,048 shares of the company’s stock, valued at $3,251,142.48. The trade was a 0.00 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. In other news, CFO Roger Mj Thompson sold 9,000 shares of the business’s stock in a transaction dated Tuesday, September 10th. The stock was sold at an average price of $35.38, for a total value of $318,420.00. Following the transaction, the chief financial officer now directly owns 139,171 shares of the company’s stock, valued at $4,923,869.98. The trade was a 0.00 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CAO Michelle Rosenberg sold 7,651 shares of the business’s stock in a transaction dated Monday, August 19th. The shares were sold at an average price of $36.51, for a total value of $279,338.01. Following the completion of the sale, the chief accounting officer now directly owns 89,048 shares of the company’s stock, valued at $3,251,142.48. The trade was a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders have acquired 298,629 shares of company stock valued at $980,810 and have sold 25,651 shares valued at $918,158. 19.60% of the stock is owned by company insiders.

Institutional Trading of Janus Henderson Group

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in JHG. Versant Capital Management Inc bought a new stake in Janus Henderson Group in the 2nd quarter valued at about $34,000. Larson Financial Group LLC increased its position in Janus Henderson Group by 401.6% in the 2nd quarter. Larson Financial Group LLC now owns 1,249 shares of the company’s stock valued at $42,000 after buying an additional 1,000 shares in the last quarter. Abich Financial Wealth Management LLC increased its position in Janus Henderson Group by 41.9% in the 1st quarter. Abich Financial Wealth Management LLC now owns 1,420 shares of the company’s stock valued at $47,000 after buying an additional 419 shares in the last quarter. GAMMA Investing LLC increased its position in Janus Henderson Group by 159.6% in the 2nd quarter. GAMMA Investing LLC now owns 2,440 shares of the company’s stock valued at $82,000 after buying an additional 1,500 shares in the last quarter. Finally, Acadian Asset Management LLC increased its position in Janus Henderson Group by 94.5% in the 2nd quarter. Acadian Asset Management LLC now owns 2,904 shares of the company’s stock valued at $97,000 after buying an additional 1,411 shares in the last quarter. 87.94% of the stock is owned by institutional investors.

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.