Janus Henderson Group (NYSE:JHG) Stock Rating Upgraded by JPMorgan Chase & Co.

Janus Henderson Group (NYSE:JHG) was upgraded by equities researchers at JPMorgan Chase & Co. from a “neutral” rating to an “overweight” rating in a research report issued to clients and investors on Wednesday, Marketbeat.com reports. The brokerage presently has a $53.00 price target on the stock, up from their prior price target of $44.00. JPMorgan Chase & Co.‘s price objective points to a potential upside of 15.75% from the company’s previous close.

A number of other brokerages also recently issued reports on JHG. Wells Fargo & Company upped their price target on Janus Henderson Group from $43.00 to $46.00 and gave the company an “equal weight” rating in a report on Monday. Evercore ISI upped their price target on Janus Henderson Group from $40.00 to $43.00 and gave the company an “in-line” rating in a report on Thursday, November 7th. The Goldman Sachs Group raised Janus Henderson Group from a “sell” rating to a “neutral” rating and upped their price target for the company from $42.00 to $45.00 in a report on Monday, January 6th. Morgan Stanley upped their price target on Janus Henderson Group from $46.00 to $48.00 and gave the company an “equal weight” rating in a report on Friday, December 20th. Finally, UBS Group increased their target price on Janus Henderson Group from $42.00 to $45.00 and gave the company a “neutral” rating in a report on Monday. Seven investment analysts have rated the stock with a hold rating and two have assigned a buy rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Hold” and an average price target of $46.75.

Janus Henderson Group Trading Down 0.3 %

Janus Henderson Group stock opened at $45.79 on Wednesday. The company has a current ratio of 3.08, a quick ratio of 2.08 and a debt-to-equity ratio of 0.08. The business’s fifty day simple moving average is $43.31 and its two-hundred day simple moving average is $40.42. Janus Henderson Group has a 12 month low of $29.64 and a 12 month high of $46.68. The company has a market capitalization of $7.28 billion, a price-to-earnings ratio of 17.89, a price-to-earnings-growth ratio of 0.62 and a beta of 1.50.

Janus Henderson Group (NYSE:JHG) last released its earnings results on Friday, January 31st. The company reported $1.07 EPS for the quarter, topping 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 prior year, the business earned $0.82 EPS. As a group, equities analysts predict that Janus Henderson Group will post 3.74 earnings per share for the current fiscal year.

Institutional Trading of Janus Henderson Group

A number of hedge funds and other institutional investors have recently bought and sold shares of the stock. Huntington National Bank increased its position in Janus Henderson Group by 24.5% in the third quarter. Huntington National Bank now owns 1,219 shares of the company’s stock worth $46,000 after buying an additional 240 shares in the last quarter. US Bancorp DE grew its position in shares of Janus Henderson Group by 2.3% during the fourth quarter. US Bancorp DE now owns 11,003 shares of the company’s stock worth $468,000 after purchasing an additional 243 shares in the last quarter. UMB Bank n.a. grew its position in shares of Janus Henderson Group by 56.5% during the fourth quarter. UMB Bank n.a. now owns 787 shares of the company’s stock worth $33,000 after purchasing an additional 284 shares in the last quarter. Callan Capital LLC grew its position in shares of Janus Henderson Group by 5.3% during the fourth quarter. Callan Capital LLC now owns 5,741 shares of the company’s stock worth $244,000 after purchasing an additional 287 shares in the last quarter. Finally, Richardson Financial Services Inc. grew its position in shares of Janus Henderson Group by 89.4% during the fourth quarter. Richardson Financial Services Inc. now owns 769 shares of the company’s stock worth $33,000 after purchasing an additional 363 shares in the last quarter. Hedge funds and other institutional investors own 87.94% of the company’s stock.

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.