Janus Henderson Group (NYSE:JHG) Stock Price Expected to Rise, Deutsche Bank Aktiengesellschaft Analyst Says

Janus Henderson Group (NYSE:JHG) had its price objective hoisted by analysts at Deutsche Bank Aktiengesellschaft from $40.00 to $42.00 in a research note issued on Friday, Benzinga reports. The firm currently has a “hold” rating on the stock. Deutsche Bank Aktiengesellschaft’s target price would suggest a potential upside of 0.99% from the stock’s previous close.

A number of other equities analysts also recently commented on the company. The Goldman Sachs Group lifted their price objective on Janus Henderson Group from $36.00 to $37.00 and gave the stock a “sell” rating in a research report on Thursday, October 3rd. UBS Group raised their price objective on shares of Janus Henderson Group from $37.00 to $41.00 and gave the stock a “neutral” rating in a research report on Tuesday, October 22nd. Morgan Stanley increased their price target on shares of Janus Henderson Group from $39.00 to $42.00 and gave the company an “equal weight” rating in a research note on Friday, October 18th. Evercore ISI upped their price objective on Janus Henderson Group from $36.00 to $37.00 and gave the company an “in-line” rating in a report on Friday, October 4th. Finally, JPMorgan Chase & Co. upped their price target on Janus Henderson Group from $38.00 to $39.00 and gave the company a “neutral” rating in a research note on Friday, August 2nd. One research analyst has rated the stock with a sell rating, seven have assigned a hold rating and two 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 $40.75.

Janus Henderson Group Price Performance

Janus Henderson Group stock traded up $0.28 during trading on Friday, reaching $41.59. The company had a trading volume of 506,101 shares, compared to its average volume of 1,023,313. The company has a debt-to-equity ratio of 0.07, a quick ratio of 2.67 and a current ratio of 4.05. Janus Henderson Group has a 1-year low of $23.98 and a 1-year high of $42.46. The firm has a market capitalization of $6.62 billion, a PE ratio of 16.41, a price-to-earnings-growth ratio of 0.79 and a beta of 1.50. The firm’s 50-day simple moving average is $38.31 and its 200 day simple moving average is $35.46.

Janus Henderson Group (NYSE:JHG) last posted its quarterly earnings data on Thursday, October 31st. The company reported $0.91 EPS for the quarter, beating the consensus estimate of $0.80 by $0.11. The firm had revenue of $624.80 million during the quarter, compared to the consensus estimate of $600.88 million. Janus Henderson Group had a return on equity of 10.76% and a net margin of 21.02%. The firm’s revenue was up 19.9% compared to the same quarter last year. During the same period in the prior year, the company earned $0.64 EPS. As a group, equities research analysts anticipate that Janus Henderson Group will post 3.28 earnings per share for the current fiscal year.

Insider Activity

In other news, CAO Michelle Rosenberg sold 7,651 shares of the firm’s stock in a transaction on 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 owns 89,048 shares in the company, valued at approximately $3,251,142.48. This trade represents a 0.00 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. In other news, CFO Roger Mj Thompson sold 9,000 shares of the business’s stock in a transaction that occurred on Thursday, September 12th. The stock was sold at an average price of $35.60, for a total transaction of $320,400.00. Following the sale, the chief financial officer now owns 130,171 shares of the company’s stock, valued at $4,634,087.60. The trade was a 0.00 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CAO Michelle Rosenberg sold 7,651 shares of the stock in a transaction on Monday, August 19th. The shares were sold at an average price of $36.51, for a total value of $279,338.01. Following the sale, the chief accounting officer now owns 89,048 shares in the company, valued at approximately $3,251,142.48. This trade represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 25,651 shares of company stock valued at $918,158. Company insiders own 19.60% of the company’s stock.

Institutional Inflows and Outflows

Several large investors have recently made changes to their positions in the company. Duality Advisers LP purchased a new position in Janus Henderson Group in the first quarter valued at approximately $2,741,000. Mirae Asset Global Investments Co. Ltd. grew its holdings in Janus Henderson Group by 163.0% during the 1st quarter. Mirae Asset Global Investments Co. Ltd. now owns 47,083 shares of the company’s stock valued at $1,549,000 after purchasing an additional 29,181 shares in the last quarter. Russell Investments Group Ltd. boosted its position in Janus Henderson Group by 77.7% in the 1st quarter. Russell Investments Group Ltd. now owns 251,853 shares of the company’s stock valued at $8,283,000 after buying an additional 110,136 shares during the last quarter. Mitsubishi UFJ Trust & Banking Corp increased its position in shares of Janus Henderson Group by 33.3% during the first quarter. Mitsubishi UFJ Trust & Banking Corp now owns 125,173 shares of the company’s stock worth $4,052,000 after acquiring an additional 31,261 shares during the last quarter. Finally, Price T Rowe Associates Inc. MD lifted its stake in shares of Janus Henderson Group by 177.0% in the first quarter. Price T Rowe Associates Inc. MD now owns 208,686 shares of the company’s stock worth $6,865,000 after acquiring an additional 133,356 shares in the last quarter. 87.94% of the stock is owned by hedge funds and other institutional investors.

About Janus Henderson Group

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.