Janus Henderson Group (NYSE:JHG) PT Raised to $37.00 at Evercore ISI

Janus Henderson Group (NYSE:JHG) had its target price lifted by equities research analysts at Evercore ISI from $36.00 to $37.00 in a report released on Friday, Benzinga reports. The brokerage presently has an “in-line” rating on the stock. Evercore ISI’s price target indicates a potential downside of 4.98% from the stock’s current price.

JHG has been the subject of a number of other reports. TD Cowen increased their price objective on shares of Janus Henderson Group from $37.00 to $38.00 and gave the company a “buy” rating in a report on Monday, July 8th. The Goldman Sachs Group lifted their price target on shares of Janus Henderson Group from $36.00 to $37.00 and gave the company a “sell” rating in a report on Thursday. StockNews.com downgraded shares of Janus Henderson Group from a “buy” rating to a “hold” rating in a report on Friday, August 16th. Wells Fargo & Company assumed coverage on Janus Henderson Group in a report on Thursday, September 12th. They issued an “equal weight” rating and a $37.00 target price on the stock. Finally, JPMorgan Chase & Co. increased their price target on Janus Henderson Group from $38.00 to $39.00 and gave the company a “neutral” rating in a research note on Friday, August 2nd. One research analyst has rated the stock with a sell rating, eight have issued a hold rating and two have given a buy rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Hold” and an average price target of $34.63.

Janus Henderson Group Stock Up 3.4 %

Shares of JHG stock opened at $38.94 on Friday. The company has a debt-to-equity ratio of 0.07, a current ratio of 4.05 and a quick ratio of 2.67. Janus Henderson Group has a one year low of $22.17 and a one year high of $39.11. The company’s fifty day moving average price is $36.65 and its 200-day moving average price is $34.47. The company has a market capitalization of $6.20 billion, a price-to-earnings ratio of 14.69, a PEG ratio of 0.76 and a beta of 1.50.

Janus Henderson Group (NYSE:JHG) last announced its quarterly earnings data on Thursday, August 1st. The company reported $0.85 EPS for the quarter, beating the consensus estimate of $0.74 by $0.11. Janus Henderson Group had a return on equity of 10.76% and a net margin of 21.02%. The business had revenue of $588.40 million for the quarter, compared to the consensus estimate of $568.79 million. During the same period in the previous year, the business earned $0.62 earnings per share. The business’s revenue was up 13.9% on a year-over-year basis. Sell-side analysts expect that Janus Henderson Group will post 3.23 EPS for the current fiscal year.

Insider Activity at Janus Henderson Group

In other Janus Henderson Group news, CFO Roger Mj Thompson sold 9,000 shares of the business’s stock in a transaction on Tuesday, September 10th. The shares were sold at an average price of $35.38, for a total transaction of $318,420.00. Following the transaction, the chief financial officer now owns 139,171 shares in the company, valued at $4,923,869.98. The trade was a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. In other Janus Henderson Group news, CFO Roger Mj Thompson sold 9,000 shares of the business’s stock in a transaction that occurred on Tuesday, September 10th. The stock was sold at an average price of $35.38, for a total transaction of $318,420.00. Following the completion of the transaction, the chief financial officer now owns 139,171 shares in the company, valued at $4,923,869.98. The trade was a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, CAO Michelle Rosenberg sold 7,651 shares of the company’s stock in a transaction that occurred on Monday, August 19th. The shares were sold at an average price of $36.51, for a total value of $279,338.01. Following the transaction, the chief accounting officer now directly owns 89,048 shares in the company, valued at approximately $3,251,142.48. This represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders have purchased 298,629 shares of company stock worth $980,810 and have sold 25,651 shares worth $918,158. 19.60% of the stock is currently owned by insiders.

Institutional Trading of Janus Henderson Group

A number of large investors have recently made changes to their positions in JHG. Miller Howard Investments Inc. NY lifted its holdings in Janus Henderson Group by 2.4% during the 2nd quarter. Miller Howard Investments Inc. NY now owns 11,928 shares of the company’s stock valued at $402,000 after buying an additional 282 shares in the last quarter. Greenwood Capital Associates LLC boosted its holdings in shares of Janus Henderson Group by 0.8% in the fourth quarter. Greenwood Capital Associates LLC now owns 45,635 shares of the company’s stock valued at $1,376,000 after purchasing an additional 350 shares during the period. Abich Financial Wealth Management LLC grew its stake in Janus Henderson Group by 26.5% in the second quarter. Abich Financial Wealth Management LLC now owns 1,797 shares of the company’s stock worth $61,000 after purchasing an additional 377 shares in the last quarter. Graypoint LLC increased its holdings in Janus Henderson Group by 4.2% during the 2nd quarter. Graypoint LLC now owns 10,221 shares of the company’s stock worth $345,000 after purchasing an additional 410 shares during the period. Finally, Retirement Systems of Alabama raised its holdings in shares of Janus Henderson Group by 0.3% in the first quarter. Retirement Systems of Alabama now owns 166,421 shares of the company’s stock valued at $5,474,000 after acquiring an additional 439 shares in the last quarter. 87.94% of the stock is owned by hedge funds and other institutional investors.

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.