Janus Henderson Group (NYSE:JHG) Reaches New 52-Week High at $34.56

Janus Henderson Group plc (NYSE:JHG) hit a new 52-week high during trading on Wednesday . The stock traded as high as $34.56 and last traded at $34.44, with a volume of 14023 shares. The stock had previously closed at $34.21.

Several research analysts have commented on JHG shares. CSFB raised Janus Henderson Group to a “neutral” rating and boosted their target price for the stock from $16.00 to $26.00 in a research note on Friday, October 9th. The Goldman Sachs Group cut Janus Henderson Group from a “neutral” rating to a “sell” rating and boosted their price target for the stock from $28.50 to $29.00 in a report on Tuesday, January 5th. Credit Suisse Group upgraded Janus Henderson Group from an “underperform” rating to a “neutral” rating and boosted their price target for the stock from $16.00 to $26.00 in a report on Friday, October 9th. ValuEngine cut Janus Henderson Group from a “sell” rating to a “strong sell” rating in a report on Monday, November 2nd. Finally, Zacks Investment Research cut Janus Henderson Group from a “buy” rating to a “hold” rating in a report on Wednesday, December 30th. Four analysts have rated the stock with a sell rating, seven have issued a hold rating and two have issued a buy rating to the company. The company has a consensus rating of “Hold” and an average price target of $22.89.

The business has a 50 day moving average of $31.90 and a 200 day moving average of $25.00. The company has a market capitalization of $6.22 billion, a P/E ratio of 77.75, a price-to-earnings-growth ratio of 3.29 and a beta of 1.47. The company has a quick ratio of 2.22, a current ratio of 2.87 and a debt-to-equity ratio of 0.07.

Janus Henderson Group (NYSE:JHG) last announced its quarterly earnings results on Thursday, October 29th. The company reported $0.70 EPS for the quarter, beating analysts’ consensus estimates of $0.64 by $0.06. Janus Henderson Group had a return on equity of 10.41% and a net margin of 3.71%. The company had revenue of $568.50 million during the quarter, compared to analyst estimates of $527.63 million. During the same period in the prior year, the company earned $0.64 earnings per share. The firm’s revenue was up 6.1% on a year-over-year basis. On average, research analysts anticipate that Janus Henderson Group plc will post 2.7 EPS for the current year.

A number of institutional investors have recently made changes to their positions in JHG. Charles Schwab Investment Management Inc. increased its holdings in Janus Henderson Group by 3.4% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 2,748,413 shares of the company’s stock worth $59,696,000 after purchasing an additional 90,275 shares during the period. Jupiter Asset Management Ltd. bought a new stake in Janus Henderson Group during the 3rd quarter valued at $28,425,000. Robeco Institutional Asset Management B.V. boosted its position in Janus Henderson Group by 42.6% during the 3rd quarter. Robeco Institutional Asset Management B.V. now owns 806,263 shares of the company’s stock valued at $17,512,000 after acquiring an additional 240,851 shares in the last quarter. Azora Capital LP boosted its position in Janus Henderson Group by 160.9% during the 3rd quarter. Azora Capital LP now owns 597,596 shares of the company’s stock valued at $12,980,000 after acquiring an additional 368,518 shares in the last quarter. Finally, Allianz Asset Management GmbH boosted its position in Janus Henderson Group by 39.6% during the 3rd quarter. Allianz Asset Management GmbH now owns 505,629 shares of the company’s stock valued at $10,982,000 after acquiring an additional 143,522 shares in the last quarter. 73.36% of the stock is owned by institutional investors.

Janus Henderson Group Company Profile (NYSE:JHG)

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.

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