Janus Henderson Group (NYSE:JHG) Stock Price Expected to Rise, Wells Fargo & Company Analyst Says

Janus Henderson Group (NYSE:JHG) had its target price hoisted by research analysts at Wells Fargo & Company from $43.00 to $46.00 in a report issued on Monday,Benzinga reports. The brokerage currently has an “equal weight” rating on the stock. Wells Fargo & Company‘s target price indicates a potential upside of 4.59% from the stock’s current price.

A number of other research analysts also recently weighed in on JHG. Morgan Stanley raised their price target on shares of Janus Henderson Group from $46.00 to $48.00 and gave the company an “equal weight” rating in a report on Friday, December 20th. JPMorgan Chase & Co. cut their target price on Janus Henderson Group from $45.00 to $44.00 and set a “neutral” rating on the stock in a report on Tuesday, January 7th. The Goldman Sachs Group upgraded Janus Henderson Group from a “sell” rating to a “neutral” rating and upped their price target for the stock from $42.00 to $45.00 in a research note on Monday, January 6th. Deutsche Bank Aktiengesellschaft raised their price objective on Janus Henderson Group from $42.00 to $44.00 and gave the company a “hold” rating in a research note on Monday, November 11th. Finally, UBS Group upped their target price on Janus Henderson Group from $37.00 to $41.00 and gave the stock a “neutral” rating in a research report on Tuesday, October 22nd. Eight equities research analysts have rated the stock with a hold rating and one has assigned a buy rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus price target of $45.63.

Janus Henderson Group Stock Performance

Shares of NYSE JHG opened at $43.98 on Monday. The company has a debt-to-equity ratio of 0.08, a current ratio of 3.08 and a quick ratio of 2.08. Janus Henderson Group has a one year low of $29.50 and a one year high of $45.74. The business’s 50-day moving average price is $43.32 and its two-hundred day moving average price is $40.32. The company has a market capitalization of $6.99 billion, a P/E ratio of 17.18, a price-to-earnings-growth ratio of 0.62 and a beta of 1.50.

Janus Henderson Group (NYSE:JHG) last announced its quarterly earnings results on Friday, January 31st. The company reported $1.07 EPS for the quarter, beating the consensus estimate of $0.94 by $0.13. Janus Henderson Group had a return on equity of 12.18% and a net margin of 16.38%. During the same period in the previous year, the business posted $0.82 earnings per share. Analysts anticipate that Janus Henderson Group will post 3.74 earnings per share for the current fiscal year.

Institutional Investors Weigh In On Janus Henderson Group

Several hedge funds have recently modified their holdings of the business. Charles Schwab Investment Management Inc. raised its stake in Janus Henderson Group by 0.8% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 4,446,079 shares of the company’s stock valued at $169,262,000 after purchasing an additional 36,711 shares during the last quarter. Geode Capital Management LLC increased its holdings in shares of Janus Henderson Group by 0.6% during the 3rd quarter. Geode Capital Management LLC now owns 2,124,618 shares of the company’s stock worth $80,907,000 after purchasing an additional 12,884 shares during the period. Principal Financial Group Inc. raised its position in shares of Janus Henderson Group by 28.9% during the third quarter. Principal Financial Group Inc. now owns 2,081,630 shares of the company’s stock valued at $79,248,000 after buying an additional 467,049 shares during the last quarter. Allianz Asset Management GmbH lifted its stake in shares of Janus Henderson Group by 32.5% in the fourth quarter. Allianz Asset Management GmbH now owns 1,927,318 shares of the company’s stock valued at $81,969,000 after buying an additional 473,143 shares during the period. Finally, Bank of New York Mellon Corp increased its stake in Janus Henderson Group by 3.1% during the fourth quarter. Bank of New York Mellon Corp now owns 1,064,556 shares of the company’s stock valued at $45,276,000 after acquiring an additional 32,346 shares during the period. 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.