Janus Henderson Group (NYSE:JHG) Upgraded by UBS Group to Buy Rating

Janus Henderson Group (NYSE:JHG - Get Free Report) was upgraded by investment analysts at UBS Group from a "neutral" rating to a "buy" rating in a research note issued on Monday, Marketbeat reports. The firm presently has a $50.00 price objective on the stock, up from their previous price objective of $45.00. UBS Group's price target suggests a potential upside of 20.62% from the stock's current price.

A number of other research firms have also commented on JHG. Morgan Stanley raised their price target on Janus Henderson Group from $46.00 to $48.00 and gave the stock an "equal weight" rating in a report on Friday, December 20th. Deutsche Bank Aktiengesellschaft raised their target price on Janus Henderson Group from $42.00 to $44.00 and gave the stock a "hold" rating in a research note on Monday, November 11th. 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 research report on Monday, February 3rd. The Goldman Sachs Group upgraded shares of Janus Henderson Group from a "sell" rating to a "neutral" rating and raised their price objective for the company from $42.00 to $45.00 in a research report on Monday, January 6th. Finally, JPMorgan Chase & Co. raised shares of Janus Henderson Group from a "neutral" rating to an "overweight" rating and upped their target price for the stock from $44.00 to $53.00 in a report on Wednesday, February 5th. Six analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. According to MarketBeat, Janus Henderson Group has an average rating of "Hold" and an average target price of $47.38.

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Janus Henderson Group Stock Performance

Shares of JHG stock traded down $0.53 on Monday, hitting $41.45. 1,317,914 shares of the stock were exchanged, compared to its average volume of 947,387. Janus Henderson Group has a one year low of $30.35 and a one year high of $46.68. The firm's 50 day moving average is $43.10 and its two-hundred day moving average is $41.24. The firm has a market capitalization of $6.59 billion, a PE ratio of 16.19, a P/E/G ratio of 0.66 and a beta of 1.50. The company has a current ratio of 3.08, a quick ratio of 2.08 and a debt-to-equity ratio of 0.08.

Janus Henderson Group (NYSE:JHG - Get Free Report) last posted its earnings results on Friday, January 31st. The company reported $1.07 earnings per share for the quarter, topping the consensus estimate of $0.94 by $0.13. Janus Henderson Group had a net margin of 16.38% and a return on equity of 12.18%. During the same period in the prior year, the business earned $0.82 earnings per share. Sell-side analysts expect that Janus Henderson Group will post 3.75 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Janus Henderson Group

A number of institutional investors have recently made changes to their positions in JHG. KBC Group NV grew its position in Janus Henderson Group by 63.6% in the fourth quarter. KBC Group NV now owns 4,546 shares of the company's stock worth $193,000 after acquiring an additional 1,768 shares in the last quarter. Mirae Asset Global Investments Co. Ltd. boosted its holdings in shares of Janus Henderson Group by 17.8% in the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 92,218 shares of the company's stock worth $3,977,000 after purchasing an additional 13,942 shares in the last quarter. Merit Financial Group LLC bought a new position in shares of Janus Henderson Group during the 4th quarter valued at about $413,000. Mutual of America Capital Management LLC raised its holdings in shares of Janus Henderson Group by 210.6% during 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 buying an additional 154,778 shares in the last quarter. Finally, Nordea Investment Management AB lifted its position in Janus Henderson Group by 6.9% in the 4th quarter. Nordea Investment Management AB now owns 233,601 shares of the company's stock worth $9,979,000 after buying an additional 14,996 shares during 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.