Evercore ISI Issues Positive Forecast for Janus Henderson Group (NYSE:JHG) Stock Price

Janus Henderson Group (NYSE:JHG - Get Free Report) had its price target raised by analysts at Evercore ISI from $40.00 to $43.00 in a report issued on Thursday,Benzinga reports. The firm presently has an "in-line" rating on the stock. Evercore ISI's target price indicates a potential downside of 2.74% from the stock's previous close.

Several other research analysts have also issued reports on the stock. Morgan Stanley increased their price target on shares of Janus Henderson Group from $39.00 to $42.00 and gave the stock an "equal weight" rating in a research note on Friday, October 18th. Deutsche Bank Aktiengesellschaft increased their price objective on shares of Janus Henderson Group from $40.00 to $42.00 and gave the company a "hold" rating in a research report on Friday, November 1st. 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 research report on Tuesday, October 22nd. JPMorgan Chase & Co. increased their price objective on shares of Janus Henderson Group from $38.00 to $39.00 and gave the company a "neutral" rating in a research report on Friday, August 2nd. Finally, TD Cowen increased their price objective on shares of Janus Henderson Group from $46.00 to $50.00 and gave the company a "buy" rating in a research report on Friday, November 1st. One analyst has rated the stock with a sell rating, seven have given a hold rating and one has assigned a buy rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of "Hold" and an average target price of $41.50.

Janus Henderson Group Stock Down 0.8 %

Shares of Janus Henderson Group stock traded down $0.37 during trading on Thursday, hitting $44.21. The company's stock had a trading volume of 998,699 shares, compared to its average volume of 1,023,749. The company has a debt-to-equity ratio of 0.09, a quick ratio of 2.08 and a current ratio of 3.08. The company has a fifty day simple moving average of $38.74 and a two-hundred day simple moving average of $35.82. The company has a market capitalization of $7.03 billion, a PE ratio of 17.49, a P/E/G ratio of 0.56 and a beta of 1.49. Janus Henderson Group has a 52 week low of $24.04 and a 52 week high of $44.85.

Janus Henderson Group (NYSE:JHG - Get Free Report) last issued its quarterly earnings results on Thursday, October 31st. The company reported $0.91 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.80 by $0.11. The company had revenue of $624.80 million during the quarter, compared to analyst estimates of $600.88 million. Janus Henderson Group had a net margin of 17.33% and a return on equity of 11.49%. Janus Henderson Group's quarterly revenue was up 19.9% compared to the same quarter last year. During the same period last year, the business earned $0.64 EPS. Equities research analysts predict that Janus Henderson Group will post 3.33 earnings per share for the current year.

Insiders Place Their Bets

In other news, CFO Roger Mj Thompson sold 9,000 shares of Janus Henderson Group stock in a transaction that occurred on Thursday, September 12th. The shares were sold at an average price of $35.60, for a total transaction of $320,400.00. Following the sale, the chief financial officer now owns 130,171 shares in the company, valued at $4,634,087.60. This trade represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. In other news, CFO Roger Mj Thompson sold 9,000 shares of the company's stock in a transaction dated Thursday, September 12th. The shares were sold at an average price of $35.60, for a total transaction of $320,400.00. Following the transaction, the chief financial officer now owns 130,171 shares in the company, valued at $4,634,087.60. This represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, CAO Michelle Rosenberg sold 7,651 shares of the company's stock in a transaction dated Monday, August 19th. The shares were sold at an average price of $36.51, for a total transaction of $279,338.01. Following the transaction, the chief accounting officer now owns 89,048 shares in the company, valued at approximately $3,251,142.48. This trade represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 25,651 shares of company stock worth $918,158. Company insiders own 20.00% of the company's stock.

Institutional Investors Weigh In On Janus Henderson Group

Hedge funds have recently bought and sold shares of the stock. Versant Capital Management Inc acquired a new position in shares of Janus Henderson Group during the 2nd quarter worth approximately $34,000. Larson Financial Group LLC raised its stake in shares of Janus Henderson Group by 401.6% during the 2nd quarter. Larson Financial Group LLC now owns 1,249 shares of the company's stock worth $42,000 after buying an additional 1,000 shares during the period. Huntington National Bank raised its stake in shares of Janus Henderson Group by 24.5% during the 3rd quarter. Huntington National Bank now owns 1,219 shares of the company's stock worth $46,000 after buying an additional 240 shares during the period. Abich Financial Wealth Management LLC raised its stake in shares of Janus Henderson Group by 41.9% during the 1st quarter. Abich Financial Wealth Management LLC now owns 1,420 shares of the company's stock worth $47,000 after buying an additional 419 shares during the period. Finally, Addison Advisors LLC raised its stake in shares of Janus Henderson Group by 103.4% during the 3rd quarter. Addison Advisors LLC now owns 1,263 shares of the company's stock worth $48,000 after buying an additional 642 shares during the period. Hedge funds and other 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.