Janus Henderson Group (NYSE:JHG) Given New $44.00 Price Target at JPMorgan Chase & Co.

Janus Henderson Group (NYSE:JHG - Get Free Report) had its price objective cut by equities researchers at JPMorgan Chase & Co. from $45.00 to $44.00 in a research report issued on Tuesday,Benzinga reports. The firm currently has a "neutral" rating on the stock. JPMorgan Chase & Co.'s price target points to a potential upside of 4.64% from the company's current price.

Other equities research analysts have also issued reports about the company. Deutsche Bank Aktiengesellschaft raised their price objective on Janus Henderson Group from $42.00 to $44.00 and gave the stock a "hold" rating in a research report on Monday, November 11th. TD Cowen raised their price target on shares of Janus Henderson Group from $46.00 to $50.00 and gave the stock a "buy" rating in a report on Friday, November 1st. Wells Fargo & Company upped their price objective on shares of Janus Henderson Group from $41.00 to $45.00 and gave the company an "equal weight" rating in a research note on Thursday, December 12th. The Goldman Sachs Group raised shares of Janus Henderson Group from a "sell" rating to a "neutral" rating and lifted their target price for the company from $42.00 to $45.00 in a research note on Monday. Finally, UBS Group increased their price objective on Janus Henderson Group from $37.00 to $41.00 and gave the stock a "neutral" rating in a report on Tuesday, October 22nd. Eight investment analysts have rated the stock with a hold rating and one has assigned a buy rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of "Hold" and a consensus price target of $45.00.

Janus Henderson Group Price Performance

Janus Henderson Group stock traded down $1.22 during mid-day trading on Tuesday, hitting $42.05. The company's stock had a trading volume of 820,594 shares, compared to its average volume of 872,574. The company has a quick ratio of 2.08, a current ratio of 3.08 and a debt-to-equity ratio of 0.09. The stock has a market capitalization of $6.69 billion, a P/E ratio of 16.62, a P/E/G ratio of 0.62 and a beta of 1.50. The stock's fifty day moving average price is $43.70 and its two-hundred day moving average price is $39.16. Janus Henderson Group has a twelve month low of $28.19 and a twelve month high of $45.74.

Janus Henderson Group (NYSE:JHG - Get Free Report) last posted its quarterly earnings data on Thursday, October 31st. The company reported $0.91 EPS for the quarter, topping analysts' consensus estimates of $0.80 by $0.11. Janus Henderson Group had a net margin of 17.33% and a return on equity of 11.49%. The firm had revenue of $624.80 million during the quarter, compared to analyst estimates of $600.88 million. During the same quarter last year, the business posted $0.64 EPS. The company's revenue was up 19.9% on a year-over-year basis. Research analysts forecast that Janus Henderson Group will post 3.43 earnings per share for the current year.

Institutional Trading of Janus Henderson Group

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the business. Dimensional Fund Advisors LP grew its stake in shares of Janus Henderson Group by 4.4% in the 2nd quarter. Dimensional Fund Advisors LP now owns 8,090,743 shares of the company's stock valued at $272,741,000 after purchasing an additional 344,582 shares during the period. WINTON GROUP Ltd lifted its holdings in shares of Janus Henderson Group by 97.7% during the second quarter. WINTON GROUP Ltd now owns 28,049 shares of the company's stock valued at $946,000 after acquiring an additional 13,861 shares during the period. Mutual of America Capital Management LLC boosted its stake in shares of Janus Henderson Group by 210.6% in the 3rd quarter. Mutual of America Capital Management LLC now owns 228,276 shares of the company's stock valued at $8,690,000 after purchasing an additional 154,778 shares in the last quarter. Verition Fund Management LLC increased its position in shares of Janus Henderson Group by 156.1% during the 3rd quarter. Verition Fund Management LLC now owns 24,505 shares of the company's stock worth $933,000 after purchasing an additional 14,935 shares in the last quarter. Finally, AdvisorShares Investments LLC acquired a new position in Janus Henderson Group in the second quarter valued at about $485,000. 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.