Janus Henderson Group (NYSE:JHG) Stock Rating Upgraded by UBS Group

Janus Henderson Group (NYSE:JHG) was upgraded by investment analysts at UBS Group from a “neutral” rating to a “buy” rating in a research note issued on Monday,Briefing.com Automated Import reports. The brokerage currently has a $50.00 price target on the stock, up from their prior price target of $45.00. UBS Group’s target price would indicate a potential upside of 19.49% from the company’s current price.

Several other research firms have also issued reports on JHG. The Goldman Sachs Group raised Janus Henderson Group from a “sell” rating to a “neutral” rating and lifted their price objective for the company from $42.00 to $45.00 in a research note on Monday, January 6th. Deutsche Bank Aktiengesellschaft increased their price target on shares of Janus Henderson Group from $42.00 to $44.00 and gave the stock a “hold” rating in a report on Monday, November 11th. JPMorgan Chase & Co. raised Janus Henderson Group from a “neutral” rating to an “overweight” rating and increased their target price for the company from $44.00 to $53.00 in a research note on Wednesday, February 5th. TD Cowen lifted their price target on Janus Henderson Group from $46.00 to $50.00 and gave the stock a “buy” rating in a research note on Friday, November 1st. Finally, Wells Fargo & Company increased their price objective on Janus Henderson Group from $43.00 to $46.00 and gave the company an “equal weight” rating in a research report on Monday, February 3rd. Six research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Hold” and an average target price of $47.38.

Janus Henderson Group Stock Performance

Shares of JHG opened at $41.85 on Monday. Janus Henderson Group has a 52-week low of $30.35 and a 52-week high of $46.68. The stock’s 50-day simple moving average is $43.16 and its 200 day simple moving average is $41.13. The company has a debt-to-equity ratio of 0.08, a quick ratio of 2.08 and a current ratio of 3.08. The stock has a market capitalization of $6.65 billion, a price-to-earnings ratio of 16.35, a price-to-earnings-growth ratio of 0.66 and a beta of 1.50.

Janus Henderson Group (NYSE:JHG) last released its quarterly earnings data on Friday, January 31st. The company reported $1.07 EPS 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 period last year, the company earned $0.82 earnings per share. Research analysts forecast that Janus Henderson Group will post 3.75 EPS for the current fiscal year.

Institutional Trading of Janus Henderson Group

Large investors have recently modified their holdings of the business. Mackenzie Financial Corp raised its position in Janus Henderson Group by 106.2% during the 4th quarter. Mackenzie Financial Corp now owns 49,716 shares of the company’s stock valued at $2,114,000 after purchasing an additional 25,605 shares during the last quarter. Forum Financial Management LP purchased a new stake in Janus Henderson Group in the fourth quarter worth $250,000. Castlekeep Investment Advisors LLC bought a new stake in Janus Henderson Group in the fourth quarter valued at $1,742,000. Public Employees Retirement System of Ohio bought a new stake in Janus Henderson Group in the fourth quarter valued at $2,396,000. Finally, CSS LLC IL purchased a new position in Janus Henderson Group during the 4th quarter valued at $638,000. 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.