JPMorgan Chase & Co. Lowers Janus Henderson Group (NYSE:JHG) Price Target to $44.00

Janus Henderson Group (NYSE:JHG) had its price target dropped by equities research analysts at JPMorgan Chase & Co. from $45.00 to $44.00 in a research report issued to clients and investors on Tuesday,Benzinga reports. The firm presently has a “neutral” rating on the stock. JPMorgan Chase & Co.‘s price target would indicate a potential upside of 4.44% from the stock’s previous close.

Several other brokerages have also issued reports on JHG. TD Cowen upped their price target on Janus Henderson Group from $46.00 to $50.00 and gave the company a “buy” rating in a research note on Friday, November 1st. Evercore ISI raised their target price on shares of Janus Henderson Group from $40.00 to $43.00 and gave the company an “in-line” rating in a research note on Thursday, November 7th. Deutsche Bank Aktiengesellschaft lifted their price target on shares of Janus Henderson Group from $42.00 to $44.00 and gave the stock a “hold” rating in a research report on Monday, November 11th. UBS Group increased their price objective on shares of Janus Henderson Group from $37.00 to $41.00 and gave the company a “neutral” rating in a report on Tuesday, October 22nd. Finally, Wells Fargo & Company lifted their target price on shares of Janus Henderson Group from $41.00 to $45.00 and gave the stock an “equal weight” rating in a report on Thursday, December 12th. Eight equities research analysts have rated the stock with a hold rating and one has issued a buy rating to the stock. Based on data from MarketBeat.com, Janus Henderson Group has an average rating of “Hold” and an average target price of $45.00.

Janus Henderson Group Price Performance

NYSE:JHG traded down $1.14 during mid-day trading on Tuesday, reaching $42.13. 382,501 shares of the company were exchanged, compared to its average volume of 757,319. Janus Henderson Group has a 12 month low of $28.19 and a 12 month high of $45.74. The stock has a market cap of $6.70 billion, a PE ratio of 16.65, a PEG ratio of 0.62 and a beta of 1.50. The company has a quick ratio of 2.08, a current ratio of 3.08 and a debt-to-equity ratio of 0.09. The company has a fifty day moving average of $43.70 and a 200 day moving average of $39.16.

Janus Henderson Group (NYSE:JHG) last issued its quarterly earnings results on Thursday, October 31st. The company reported $0.91 earnings per share for the quarter, beating analysts’ consensus estimates of $0.80 by $0.11. Janus Henderson Group had a net margin of 17.33% and a return on equity of 11.49%. The business had revenue of $624.80 million during the quarter, compared to analyst estimates of $600.88 million. During the same quarter last year, the business posted $0.64 earnings per share. Janus Henderson Group’s revenue for the quarter was up 19.9% compared to the same quarter last year. On average, research analysts anticipate that Janus Henderson Group will post 3.43 EPS for the current fiscal year.

Institutional Trading of Janus Henderson Group

Large investors have recently bought and sold shares of the business. Commonwealth Equity Services LLC lifted its position in Janus Henderson Group by 79.8% in the 2nd quarter. Commonwealth Equity Services LLC now owns 13,182 shares of the company’s stock valued at $444,000 after acquiring an additional 5,850 shares in the last quarter. Natixis Advisors LLC boosted its position in shares of Janus Henderson Group by 9.4% during the second quarter. Natixis Advisors LLC now owns 13,814 shares of the company’s stock worth $466,000 after buying an additional 1,190 shares during the period. Savant Capital LLC grew its holdings in shares of Janus Henderson Group by 47.5% during the second quarter. Savant Capital LLC now owns 14,462 shares of the company’s stock worth $488,000 after buying an additional 4,654 shares in the last quarter. Los Angeles Capital Management LLC acquired a new stake in Janus Henderson Group in the 2nd quarter valued at approximately $3,639,000. Finally, Acadian Asset Management LLC lifted its stake 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 acquiring 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.