The Goldman Sachs Group Issues Pessimistic Forecast for Janus Henderson Group (NYSE:JHG) Stock Price

Janus Henderson Group (NYSE:JHG) had its price objective lowered by research analysts at The Goldman Sachs Group from $47.00 to $41.00 in a report issued on Thursday,Benzinga reports. The firm currently has a “neutral” rating on the stock. The Goldman Sachs Group’s price target indicates a potential upside of 35.87% from the stock’s previous close.

A number of other brokerages also recently commented on JHG. JPMorgan Chase & Co. raised shares of Janus Henderson Group from a “neutral” rating to an “overweight” rating and lifted their price objective for the company from $44.00 to $53.00 in a research report on Wednesday, February 5th. Bank of America raised Janus Henderson Group from a “neutral” rating to a “buy” rating and lowered their price target for the stock from $57.00 to $43.00 in a research report on Thursday. Morgan Stanley upped their price objective on Janus Henderson Group from $46.00 to $48.00 and gave the company an “equal weight” rating in a research note on Friday, December 20th. Wells Fargo & Company lifted their target price on Janus Henderson Group from $43.00 to $46.00 and gave the stock an “equal weight” rating in a research note on Monday, February 3rd. Finally, UBS Group upgraded Janus Henderson Group from a “neutral” rating to a “buy” rating and increased their price target for the company from $45.00 to $50.00 in a research note on Monday, February 24th. Six analysts have rated the stock with a hold rating and four have issued a buy rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Hold” and a consensus target price of $46.44.

Janus Henderson Group Stock Performance

JHG opened at $30.18 on Thursday. The business’s 50-day simple moving average is $40.32 and its 200 day simple moving average is $41.41. Janus Henderson Group has a 52-week low of $29.63 and a 52-week high of $46.68. 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 firm has a market capitalization of $4.75 billion, a PE ratio of 11.79, a PEG ratio of 0.66 and a beta of 1.43.

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 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 firm posted $0.82 earnings per share. As a group, sell-side analysts expect that Janus Henderson Group will post 3.75 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the company. Quarry LP grew its position in shares of Janus Henderson Group by 203.6% during the 3rd quarter. Quarry LP now owns 759 shares of the company’s stock worth $29,000 after purchasing an additional 509 shares in the last quarter. UMB Bank n.a. boosted its stake in shares of Janus Henderson Group by 56.5% in the fourth quarter. UMB Bank n.a. now owns 787 shares of the company’s stock valued at $33,000 after buying an additional 284 shares during the period. Richardson Financial Services Inc. grew its position in 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 buying an additional 363 shares in the last quarter. True Wealth Design LLC grew its position in Janus Henderson Group by 66.9% during the fourth quarter. True Wealth Design LLC now owns 1,020 shares of the company’s stock worth $43,000 after buying an additional 409 shares in the last quarter. Finally, Larson Financial Group LLC raised its holdings in Janus Henderson Group by 33.9% in the 4th quarter. Larson Financial Group LLC now owns 1,137 shares of the company’s stock valued at $48,000 after acquiring an additional 288 shares in the last quarter. Institutional investors own 87.94% of the company’s stock.

About Janus Henderson Group

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.