The Goldman Sachs Group Has Lowered Expectations for Janus Henderson Group (NYSE:JHG) Stock Price

Janus Henderson Group (NYSE:JHG - Get Free Report) had its price target lowered by equities researchers at The Goldman Sachs Group from $47.00 to $41.00 in a report released on Thursday,Benzinga reports. The firm presently has a "neutral" rating on the stock. The Goldman Sachs Group's price target would suggest a potential upside of 39.64% from the company's previous close.

Other analysts have also recently issued research reports about the company. JPMorgan Chase & Co. upgraded Janus Henderson Group from a "neutral" rating to an "overweight" rating and increased their target price for the stock from $44.00 to $53.00 in a report on Wednesday, February 5th. Morgan Stanley raised their target price on shares of 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 upped their price objective on Janus Henderson Group from $43.00 to $46.00 and gave the company an "equal weight" rating in a report on Monday, February 3rd. StockNews.com lowered Janus Henderson Group from a "buy" rating to a "hold" rating in a report on Tuesday, March 25th. Finally, Bank of America upgraded shares of Janus Henderson Group from a "neutral" rating to a "buy" rating and cut their price target for the company from $57.00 to $43.00 in a research note on Thursday, April 3rd. Six investment analysts have rated the stock with a hold rating and four have given a buy rating to the stock. According to data from MarketBeat.com, Janus Henderson Group has an average rating of "Hold" and an average price target of $46.44.

Janus Henderson Group Stock Performance

Shares of JHG stock traded down $0.32 during trading hours on Thursday, reaching $29.36. 3,210,095 shares of the company's stock were exchanged, compared to its average volume of 1,053,934. The business has a fifty day moving average price of $40.06 and a 200-day moving average price of $41.40. The stock has a market capitalization of $4.63 billion, a P/E ratio of 11.47, a P/E/G ratio of 0.66 and a beta of 1.43. The company has a quick ratio of 2.08, a current ratio of 3.08 and a debt-to-equity ratio of 0.08. Janus Henderson Group has a fifty-two week low of $28.26 and a fifty-two week high of $46.68.

Janus Henderson Group (NYSE:JHG - Get Free Report) last announced its quarterly earnings data on Friday, January 31st. The company reported $1.07 earnings per share (EPS) for the quarter, beating analysts' consensus estimates 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 previous year, the business posted $0.82 earnings per share. Analysts predict that Janus Henderson Group will post 3.75 EPS for the current fiscal year.

Institutional Investors Weigh In On Janus Henderson Group

Large investors have recently bought and sold shares of the company. Quarry LP lifted its holdings 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 acquiring an additional 509 shares during the period. UMB Bank n.a. boosted its holdings in shares of Janus Henderson Group by 56.5% in the 4th quarter. UMB Bank n.a. now owns 787 shares of the company's stock valued at $33,000 after purchasing an additional 284 shares in the last quarter. Richardson Financial Services Inc. increased its stake in shares of Janus Henderson Group by 89.4% in the 4th quarter. Richardson Financial Services Inc. now owns 769 shares of the company's stock valued at $33,000 after purchasing an additional 363 shares during the last quarter. True Wealth Design LLC raised its holdings in shares of Janus Henderson Group by 66.9% during the 4th 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 lifted its position in shares of Janus Henderson Group by 33.9% during the 4th quarter. Larson Financial Group LLC now owns 1,137 shares of the company's stock worth $48,000 after buying an additional 288 shares during the last quarter. 87.94% of the stock is currently owned by institutional investors and hedge funds.

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.